Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
Hi Jack, imo the investment case has improved with the move into the US, that plus Jan data for Wressle which is encouraging. Obviously one month's data doesn't make a trend but it does appear that Wressle is back on track plus poo is strong. Later this month we should know if Beacon is successful and surely in Q2 we will get an update on Kedd. I think it's going to be a good year for the sp. (a strong buy imo - the first time in a long time)
Only partly due to the US, imo investors have been very nervous about the flow rate at Wressle but now we have direction from the NSTA data investors are more optimistic. A steady 600bpd means about $500k net pm at current poo
"As announced on 31 October 2022, Reabold stated that it intends to return £4 million of excess cash to Reabold shareholders upon receipt of the final £9.5 million net to Reabold from Shell, relating to the sale of the Victory asset."
...I'm still waiting for my share of the £4m
Not in the data download. be aware the 665bpd that Bramhill announced in the RNS was an average but he was careful not to mention over what period, imo he was trying to give a false impression without anyone being able to accuse him of misleading investors - typical smoke & mirrors
Https://drillordrop.com/2024/03/27/expansion-plans-published-for-wressle-oil-site/
Https://drillordrop.com/2024/03/27/expansion-plans-published-for-wressle-oil-site/
Hydras, that's an important question. recent RNSs indicate a £2.5m spend in the US leaving UJO with under £7m "cash & investments" plus oil revenue since 29/01. Investments would include Beacon & Elephant. Capex for Kedd is highly likely in 2024, capex for WN within the next 12-18 months (guess) and possibly millions for Penystone.
The nsta data for Jan is out next week, if production is only a few hundred bpd, Bramhill may have to go on a (financial) diet
Sorry, I dont know serif. with regard to timing, the provisional dates were 31.01 for application, Feb for public consultation, 30.04 for decision. all pushed back 2 months. frustrating, yes, but this is a very extensive and technical application so no harm in waiting a couple of extra months to get it right...lets hope for good news in 3 to 4 months
HTTps://apps.northlincs.gov.uk/application/pa-2024-275
finally Egdon has submitted the planning application for extending Wressle
extension of the existing wellsite to construct 3 well cellars, drill 2 additional lateral underground boreholes to appraise and develop the hydrocarbon resources from the *****tone flags and ashover grit reservoirs, upgrade existing production facilities to include additional fluid storage tanks, separator system, surface pump and associated bunds, install gas processing equipment, construct a 600m underground gas pipeline and flow gas to the existing national grid pipeline and the long term production of oil and gas
https://apps.northlincs.gov.uk/application/pa-2024-275
finally egdon has submitted the planning application!
extension of the existing wellsite to construct 3 well cellars, drill 2 additional lateral underground boreholes to appraise and develop the hydrocarbon resources from the *****tone flags and ashover grit reservoirs, upgrade existing production facilities to include additional fluid storage tanks, separator system, surface pump and associated bunds, install gas processing equipment, construct a 600m underground gas pipeline and flow gas to the existing national grid pipeline and the long term production of oil and gas