Sapan Gai, CCO at Sovereign Metals, discusses their superior graphite test results. Watch the video here.
Please remember I don’t know any more than any one else exactly what’s happening on location.
I see the same pictures from site as any one else. I read the same RNS. Basically my posts are saying how I would expect each operation to be done.
They do have equipment on location to set cement plugs should they wish.
All plugs would be set with a cementing assembly (stinger)attached to the coiled tubing. Depending on the length of the zone to be treated it may take more than one plug. Safety they won’t want to get stuck in cement.
Each time they change the down hole operation requires a trip to surface disconnect from the well head, disconnect the bottom hole assembly, move the injector head back. Change out bottom hole assembly replace injector head etc run back in the hole. All time consuming.
Good luck to genuine investors.
Nine tails
I am thinking the selective perforating will be in the tighter formations they will have located during the logging.
Now that they have the coiled tubing and Halliburton expertise (expensive) on location they may as well do every thing possible to maximise oil production. Hopefully we will see explosives arriving soon. Looking good.
they Will set a cement plug at the point of the water Ingres. There is no reason cement should be any where near the oil producing zones.
The coiled tubing will be ran in the liner to the bottom of the water zone. A measured amount of cement (enough to cover the complete zone) will be pumped displaced by well fluid. Then the coiled tubing slowly pulled out clear of the cement and left to set. That’s the simple theory of setting cement plugs. This is assuming well conditions permit.
My retirement plan was Halliburton stock $60 a share or me 60.
23rd. April 2014 me 59
Halliburton stock $64.00 today it’s$ 17.22
UKOG £0.60. Today it’s £0.5750
Life’s not all bad. Keep looking for pictures of Halliburton rig down.
baits
The pictures and videos he posts don’t mean any more to him as they do to me and you.
Trust me I worked for Halliburton for 38 years and I can’t figure out exactly what’s going on.
I could give you negative or I could give you positive.
RNS will tell us all in good time.
I follow him and find the pictures useful as to progress. But would not make buy or sell decisions on any of them.
Not sure who we should be listening to on this BB
so many know it all experts one way or the other. Like 270 plus posts all ready today.
Or maybe the 5 pages of RNS. To date.
Numerous interviews.
Eyes on site
Or what about this bloke
Stephen Sanderson
Creative and entrepreneurial geoscientist, explorationist, technocrat, upstream business leader and skilled new venture creator with 30+ years broad global operating experience (20 yrs majors).
Proven oil finder. Drilled/significant involvement in multiple conventional discoveries totalling ~4 billion boe. Significant role in recognising UK hybrid and unconventional oil potential.
Accomplished upstream portfolio manager and strategist with strong commercial, technical, leadership, mentoring and cross-cultural skills. Experienced all sides of MAD/Farmin/JV transactions/ trade-sales as buyer, seller and auditor.
Successful 20+ year E&P leadership and business development track record of growing upstream businesses via opportunity creation and subsequent acquisition & asset management. Created and/or ran successful new operated exploration businesses in Africa, Europe and S. America for majors and, in last 10 years, Africa-centric producing & exploration portfolios for 3 diverse start-up IOCs.
Skilled in conducting E&P asset & corporate portfolio evaluations and due diligence, including; datarooms, subsurface & risk analysis, economic/commercial evaluations, reserve evaluations. Since 2006 evaluated; 42+ corporate portfolios for $20MM-$7 Billion acquisition (172+ fields, 350 exploration prospects and 5 shale gas projects). Significant technical/commercial expertise in the petroleum systems of: Pan-Africa, N. Sea/Norway, onshore UK & Europe, S. America, S. Atlantic, M. East, FSU, SE Asia, India, Australia and USA.
Or maybe (SS) is just what he is.
A top geologist brought Up in the Oilfeild..
Position CEO
Dresses like oilfield management
Talks like oilfield management
Has no time for traders,mm, or whatever.
Doesn’t really GAF.
But the one thing he does know is how much oil is there.
How much he can produce at what cost.
So instead of worrying about all the muppets posting crap on here.
Maybe he is putting all his energy into.
2020 business plan.
CPR
Revenue forecast
Talking to finance company’s
As an investor I have taken the Same risks as he is taking.
Ladies and gentlemen welcome to the oilfield.
i Am 6 years retired from an oil service company. This project has got me all fired up again on just how exciting and scary the industry can be. Did I also read somewhere that the Kim has some secrets to give up.
Win or loose we’ll have a booze.