Member Info for Ibug

That 10k trade will help after yesterdays figures.

# Trades 58

Vol. Sold 11,761,984

Sold Value £5.96k

Vol. Bought 3,820,378

Bought Value £1.97k

Pretty dire.

Ocelot

Congratulations on what? How many times in the last week has SS pushed out that link to the same document. He must betaking lessons from you and your posts. You'll get done for plagiarism.

What house prices. Cheap as chips.

Not exactly close either.

https://ibb.co/558Fqhh

Push for more North Sea oil and gas ‘right thing for planet’, says Jeremy Hunt

The Chancellor was challenged over his support for the move, after opposing gas drilling project in his constituency last year

Jeremy Hunt has defended the Government’s push to maximise the production of oil and gas, arguing it is “the right thing to do” for UK energy security and the planet.

Prime Minister Rishi Sunak this week announced plans to grant more than 100 new oil and sea gas licences in the UK - sparking backlash from environmental campaigners.

Chancellor Mr Hunt was on Thursday challenged over his support for the continued licensing of new North Sea developments, after he strongly opposed a gas drilling project in his Surrey constituency on environmental grounds.

The South West Surrey MP in 2022 blasted a Government decision to allow an exploratory gas well to be dug near the village of Dunsfold as “bitterly disappointing and wrong both economically and environmentally”.

Asked why he then backed oil and gas exploration in the North Sea, Mr Hunt told Channel 4 News on Thursday: “Because these are totally different situations.“As a constituency MP, I do my job and stand up for constituents who are worried about environmental impact.

“But when it comes to the North Sea, something very profound and important has changed in the last 18 months, which is that we realised that what matters is not just the transition to net zero, but also energy security, and it happens to be a lot more carbon-intensive to import gas than to use our own supply.”

It was put to Mr Hunt that with the private companies that own the North Sea fields selling the oil and gas on the international market, there is no guarantee the supplies will end up in the UK.

He replied: “But we’re far more likely to get them if we’re extracting that gas than if we’re not extracting it.”

Mr Hunt also told Sky News that the UK will remain “a bigger importer of gas” and that while “we’re importing it, it uses three times less carbon to use our own gas (than) to import it from the other side of the world.

“And that’s why this is the right thing to do for the planet as well as for our energy security.”

Nicely hidden. No wonder I couldn't find it.

01 February 2023

UK Oil & Gas PLC

("UKOG" or the "Company")

PEDL234 Loxley gas discovery update

UK Oil & Gas PLC (London AIM: UKOG) is pleased to announce that the North Sea Transition Authority ("NSTA") has granted its consent to a modified PEDL234 Retention Area ("RA") work programme. The revision will permit the Company to focus licence activities entirely upon the acceleration of the planned appraisal campaign of its material 100%-owned Loxley gas discovery.

In accordance with the revised RA programme, the Company has agreed to commence the Loxley-1 appraisal well by 30th June 2024. Loxley-1, designed to confirm the commercial viability of the discovery, is planned to be completed as a future production well, one of only two wells required to produce Loxley's entire estimated material recoverable gas resources (see the Annual Report and Accounts Table 2 and RNS of 20th September 2020). The second production well, designed to maintain the desired plateau gas production rate, must be drilled by summer 2029.

In the event Loxley-1 confirms the discovery's commercial viability, the Company has also agreed to acquire 10 km² of 3D seismic over the field by 30th June 2025 and to submit a Field Development Plan for NSTA consent by the end of 2025.

PS

There was this one.

"BB-1z discovery granted 2-year planning extension

UK Oil & Gas PLC (London AIM: UKOG) is pleased to announce that West Sussex County Council ("WSCC") has approved, by a 7-2 majority vote, a 2-year planning permission extension to its Broadford Bridge-1z ("BB-1z") Kimmeridge oil discovery, located in licence PEDL234 (UKOG 100%). The planning extension runs until 31st March 2024."

But this was the last one I could find for Loxley

"21 June 2021

UK Oil & Gas PLC

("UKOG" or the "Company")

PEDL234 Loxley drilling commitment deadline extended by two years

UK Oil & Gas PLC (London AIM: UKOG) is pleased to announce that the Oil and Gas Authority has granted a two-year extension to the time period in which the Company's 100% interest PEDL234 Loxley-1 gas appraisal well must commence. In order to satisfy the licence's Retention Area programme, Loxley-1 drilling must now commence before 31st December 2023."

Billy

Unfortunately it would not surprise me if Waverly appealed any SCC decisions. Once they get their teeth into a bone I don't see them letting go.

ZYX098

I couldn't find anything other than what I posted earlier even though the latest couple of reports have said "It is anticipated that site construction will commence in the second half of 2023, with the drilling of Loxley-1 to follow in 2024."

Stockraiser

I had forgotten they were thinking of appealing so makes no difference to me. Why are you making such a big fuss of it?

Stockraiser

What has that got to do with the price of cheese?

Loxley; 9 planning applications outstanding.

No farminee in site. Next door neighbour who has gas on site not interested.

Dubious amounts of gas. See latest CPR.

The only thing to look forward to would be a minor spike in SP to make some profit.

Loxley-1 drilling must now commence before 31st December 2023. UKOG will have to go cap in hand to the NSTA for yet another extension as licence expires in 2024.

You obviously don't have L2.

Can't argue with my back pocket.

https://planning.surreycc.gov.uk/Search/Results

https://www.lse.co.uk/ShareTrades.html?shareprice=UKOG&share=Uk-Oil--Gas

They look like sells to me.

03-Aug-23 08:21:17 0.052 1,680,326 Sell* 0.052 0.057 882.17 O

03-Aug-23 08:16:16 0.053 2,000,000 Sell* 0.052 0.057 1,068 O

03-Aug-23 08:15:18 0.053 1,000,000 Sell* 0.052 0.057 531.00 O

03-Aug-23 08:14:27 0.053 160,000 Sell* 0.052 0.057 84.96 O

03-Aug-23 08:12:47 0.053 550,580 Sell* 0.052 0.057 294.01 O

03-Aug-23 08:12:32 0.054 3,731,343 Sell* 0.052 0.057 2,000 O

03-Aug-23 08:12:11 0.053 2,000,000 Sell* 0.052 0.057 1,070 O

03-Aug-23 08:11:46 0.053 500,000 Sell* 0.052 0.057 267.50 O

03-Aug-23 08:10:42 0.054 1,854,477 Sell* 0.052 0.057 994.00 O

03-Aug-23 08:09:56 0.054 545,491 Sell* 0.052 0.057 294.02 O

03-Aug-23 08:08:34 0.054 3,695,742 Sell* 0.052 0.057 1,992 O

03-Aug-23 08:07:06 0.053 16,278 Sell* 0.052 0.057 8.64 O

03-Aug-23 08:07:02 0.054 4,397,695 Sell* 0.052 0.057 2,386 O

SCC_Ref_2023-0141

WA/2023/01663

Application Type

Details Pursuant Minerals/Waste

Location

Loxley Well Site - Land south of Dunsfold Road and East of High Loxley Road, Dunsfold, Surrey

Proposal

Details of an Ecology and Biodiversity Supporting Scheme pursuant to Condition 29 of appeal ref: APP/B3600/W/21/3268579 dated 7 June 2022.

SCC_Ref_2023-0094

WA/2023/01259

Application Type

Details Pursuant Minerals/Waste

Location

Loxley Well Site - Land South of Dunsfold Road and East of High Loxley Road, Dunsfold, Surrey

Proposal

Details of a Noise Mitigation Scheme pursuant to Condition 12 of appeal ref: APP/B3600/W/21/3268579 dated 7 June 2022.

SCC_Ref_2023-0096

WA/2023/01258

Application Type

Details Pursuant Minerals/Waste

Location

Loxley Well Site - Land South of Dunsfold Road and East of High Loxley Road, Dunsfold, Surrey

Proposal

Details of a Noise Monitoring Plan pursuant to Condition 13 of appeal ref: APP/B3600/W/21/3268579 dated 7 June 2022.

SCC_Ref_2023-0074

WA/2023/01034

Application Type

Details Pursuant Minerals/Waste

Location

Loxley Well Site - Land South of Dunsfold Road and East of High Loxley Road, Dunsfold, Surrey

Proposal

Details of highway and access works pursuant to Condition 7 of appeal ref: APP/B3600/W/21/3268579 dated 7 June 2022.

SCC_Ref_2023-0075

WA/2023/01033

Application Type

Details Pursuant Minerals/Waste

Location

Loxley Well Site - Land South of Dunsfold Road and East of High Loxley Road, Dunsfold, Surrey

Proposal

Details of a Transport Management Plan pursuant to Condition 9 of appeal ref: APP/B3600/W/21/3268579 dated 7 June 2022.

SCC_Ref_2023-0076

WA/2023/01032

Application Type

Details Pursuant Minerals/Waste

Location

Loxley Well Site - Land South of Dunsfold Road and East of High Loxley Road, Dunsfold, Surrey

Proposal

Details of a Construction Environment Management Plan (CEMP) pursuant to Condition 24 of appeal ref: APP/B3600/W/21/3268579 dated 7 June 2022.

SCC_Ref_2023-0054

WA/2023/00904

Application Type

Details Pursuant Minerals/Waste

Location

Loxley Well Site - Land South of Dunsfold Road and East of High Loxley Road, Dunsfold, Surrey

Proposal

Details of a Surface Water Drainage Scheme pursuant to Condition 21 of appeal ref: APP/B3600/W/21/3268579 dated 7 June 2022.

SCC_Ref_2023-0062

WA/2023/00903

Application Type

Details Pursuant Minerals/Waste

Loxley Well Site - Land South of Dunsfold Road and East of High Loxley Road, Dunsfold, Surrey

Proposal

Details of Written Scheme of Investigation for a programme of archaeological work pursuant to Condition 30 of appeal ref: APP/B3600/W/21/3268579 dated 7 June 2022.

SCC_Ref_2023-0063

WA/2023/00902

Application Type

Details Pursuant Minerals/Waste

Loxley Well Site - Land South of Dunsfold Road and East of High Loxley Road, Dunsfold, Surrey

Proposal

Details of a Pre-development Baseline Geochemical Testing Report pursuant to Condition 26 of appeal ref: APP/

Ocelot

HH was shut in for tank washing for part of April so no surprise there is an increase. Normal service resumed.

Month bopd

May 22 50

Jun 22 54

Jul 22 6 downhole pump and polished rod installed

Aug 22 58 new Unico pump has recently been installed

Sep 22 56

Oct 22 48

Nov 22 49

Dec 22 55

Jan 23 55

Feb 23 57

Mar 23 54

Apr 23 46 Tank washing

May 23 57

Stockraiser

They can't even build the road to the site yet so to say "Loxley - full steam ahead now - no barriers." is very misleading.

It is of course possible that anyone wanting to farm in would wait for the 9 (so far) planning conditions to be decided.

Https://drillordrop.com/2023/08/02/uk-onshore-oil-and-gas-production-in-charts-may-2023/

Yet another planning application registered. None of them have been approved yet. It is nearly 3 months since the consultation period closed for the first batch of 3.

I'll remind him of his green credentials every time he returns.

Reading Between The LinesToday 10:31

We’re choosing to power up Britain from Britain and invest in crucial industries such as carbon capture and storage, rather than depend on more carbon intensive gas imports from overseas – which will support thousands of skilled jobs, unlock further opportunities for green technologies and grow the economy.

Amazing how the posts keep disappearing today. They don't like it up 'em!

UKOG greenhouses will soon become the Anglian conservatories of the past. Some of the ramping posters on here are turning green and they don't even know it. The irony of it.