RE: SP Re-rate starts next week ?19 Sep 2021 14:48
wizard125
How many hours are in your day? This is worse than infants school FFS. We'll be getting square pegs in round holes next. Think what you want but you can't argue with a clock.
It is not rocket science from UKOG. You just need to read it "The next phase of development on site will see surface facility modifications and the installation of a water reinjection well to facilitate full production in the future. However, in advance of this work, the Applicant needs to determine the character and nature of the crude oil and its flow. This will involve the production of a relatively small quantity of crude oil at surface. At the time of the HSC application submission in January 2020, the need for crude oil storage was anticipated to be a maximum of 285 tonnes. However, the Applicants planned activities are constantly under review to ensure future operations are efficient, environmentally sustainable and in full regulatory compliance with the current legislative framework. As a result of the most recent review of legislation and a re-assessment of the sites storage inventory, the Applicant is able to reduce the need for crude oil storage to a maximum of 49 tonnes. This, in turn, reduces the classification of the site from its previous status as a Top-tier COMAH Establishment to a Lower-tier COMAH Establishment reducing the regulatory burden on the Environmental Agency, Health & Safety Executive and Surrey County Council as the appropriate authorities responsible for monitoring and managing site operations.
In summary, a reduced requirement for crude oil storage at surface from a maximum of 285 tonnes to a maximum of 49 tonnes has been made possible through the adoption of more efficient site operations."
For Snaith2 "This will involve the production of a relatively small quantity of crude oil at surface. " How difficult is that to understand?
Off to the bar for the night. I get more sense out of the drunks there.
Sign In
Follow the stocks
