Member Info for Ibug

They seem to be using the smaller vacuum trailers more these days.

moneymunch
Do you just make it all up?
Far more than 15 wells. How do you know how many produce water. Not sure water injection helps them produce given the fact that production is falling. It may be halting the slide. HH hasn't produced 200,000 barrels yet. I'm sure SS will announce it when they have.

PS Mt Gabbar is the oil field near Cirze. Lots of wells near a village called Kayaboyun.

Moneymunch
What poppy****. They are nowhere near Pinarova-1. Care to give the latitudes and longitudes of the wells or the names of the nearest villages?
I have a lovely sat view of some of the wells so I know exactly where they are.
How about you?
What happened to your "anomaly"?
They didn't even comment on what was below the 1st casing point or what they found.
Guess you are basing your expectations just on a bad smell. Good luck with that.

mannnan
Thank you for that really up to date information.

This is old news dating back to September last year. By the end of the year they had drilled 7 wells.

https://www-aa-com-tr.translate.goog/tr/gundem/sirnakta-petrol-kesfedilen-kuyuya-sehit-esma-cevikin-adi-verildi/2366260?_x_tr_sl=tr&_x_tr_tl=en&_x_tr_hl=en&_x_tr_pto=sc

The fields are miles to the south of Basur/Resan and closer to Syria. Production up to the end of the year was hardly stellar.

The price of Brent oil futures on ICE fell below $75 for the first time since March, falling to $74/barrel.
Oil prices dropped more than $1. Brent oil price fell below $75 for the first time since March to $74.
The price of Brent oil, which rose to the level of $87/barrel in mid-April due to the OPEC+ members' decision to voluntarily cut production by more than 1 million barrels, turned down due to concerns about the US economy, continued fragility in the banking sector and continued weakness in the manufacturing sector in China. . In an environment where the concerns that the global economic growth will slow down, Morgan Stanley 's forecast that there will be an excess supply of 500 thousand barrels / day in the global oil market in 2024 and that the Brent price forecast for the end of the year to $ 75 accelerated the decline in Brent oil today.  
The barrel price of Brent oil, which is a type of crude oil extracted from the North Sea and whose barrel is accepted as the international standard, fell by more than 1 dollar to 74 dollars, while the barrel price of West Texas oil decreased by more than 1 dollar to 70.37 dollars.

https://www.livecharts.co.uk/MarketCharts/brent.php

TURKEY TEST: Plans for conventional cased hole flow test operation underway. The proposed test zone corresponds to a 12-hour period of strong oil odour at surface and recovery of light c. 38° API oil within fluids returned to surface. #oil #AIM https://tinyurl.com/mr4b4rb6

They must have had a gas detector!

" corresponds to a 12-hour period of strong oil odour at surface "

You can smell oil at 100ppm. I wonder if it was sour?

You mean like this? This is only the part for SE Turkey Resan Licence. I have them for all of the Zagros fold belt.

https://ibb.co/w7VWHqF

dilara
"the logs will indicate that the oil is there but a lot deeper"

Really. And how will the logs show that there is oil a lot deeper if they haven't drilled down that far?
Do you know how logs work? Obviously not.

JR90
You could at least stick to the truth. Where did it say "they may test the link further down"? You just can't make it up can you.

Any idea what that "strong oil odour at surface" could be?

little wayne
Still stuck here I see. Any idea why they couldn't find oil? Remember what DL said about finding it?

At least we know it is not Adrian. No spelling mistakes.

I'm waiting for the next chance to buy. Not sure when it will be though. Not sure what the next spike could be. What is your excuse for posting?

Says you so we know that can't be right. Don't suppose you got one of these then?

Ibug

Posted in: UKOG

Posts: 8,245

Price: 0.065

No Opinion

You will just have to guess how I voted13 Apr 2023 14:46
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ian12
I am very happy with money in the bank. What happened to talk of the anomaly and oil in the Hoya?
Don't you think with all the wells that have been drilled all they have recovered in the licence area has been 600 bbls before it turned to water would have been a clue?

Alans55
Call it as it is. What is you excuse? Perhaps you bought the wrong share for the wrong reason. I probably sold about the same time moneymunch did. I'm laughing all the way to the bank. Are you crying in your cups? Grow a pair.

I wonder what happened to the "oil" here? Did it suddenly migrate?

"Pinarova-1 encountered oil shows in drill cuttings from 358 to 400 metres drilled depth."

The "12-hour period of strong oil odour at surface and the recovery of light c. 38° API oil within fluids returned to surface from the same depth" was never previously mentioned.

ian12
So what is your opinion then? So quick to criticise but never offer a view. May your pension RIP.