RE: $200 / $300 Oil ... it is coming...1 Mar 2022 13:06
Nahhh don't give me that twaddle RNSTranslator.
I'm not going anywhere. This is about 'now' and going forward for me.
I go £1 nailed on for this year.
PLUS ..
West Newton planning another major boost in price here. AND then we will get West Newton to flow on a horizontal well . AND we will win a Biscathorpe appeal.
And don't feed up your rubbish about Biscathorpe again with no oil . That was ridiculous your post.
I would suggest that you do some proper research on Biscathorpe. I draw your attention to the 30th March 2020 RNS 'Biscathorpe Assessment Demonstrates Significant Commercial Upside'
The Westphalian objective was absent at the Biscathorpe-2 well location, however, hydrocarbon shows with background gas and sample fluorescence were observed over the entire interval from the top of the Dinantian to the Total Depth (“TD”) of the well (an interval of over 157 metres) with a total of 57 metres interpreted as being oil bearing in the petrophysical analysis.
A geochemical analysis of the gas data and hydrocarbons extracted from drill cuttings was originally commissioned by Union Jack and carried out by Applied Petroleum Technology (UK) Limited (“APT”). The results of this analysis show a hydrocarbon column of 33-34 API gravity oil in the Dinantian Carbonate, comparable with that produced at the nearby Keddington oilfield.
If you then care to look at the Annual Report and Financial Statements for the year ended 31 December 2020 this has been 'UPGRADED' to a total of 68 metres interpreted as being oil-bearing in the petrophysical analysis...
You are a very naughty boy RNSTranslator ..
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