Member Info for JiffyBag

Evening Jay,

Far too much Doom and Gloom as of late, hence my post based upon the premise that no F---er has a real clue!, you cannot argue against that!

Personally, far too many non experts prophesizing on what is yet to come, the simple fact is no one knows what the likely future drills hold.

By all accounts Lincoln has a better COS than WD imo, and that should be bourne in mind, lets all move on, whats done is done.

Look Sharp, Look ahead as my Granny used to say!

Newboy,

'Surely with the changes being made to efficiency etc and non core asset sales that will pay down debt'

Paying down debt is a good thing if you have the revenues to do so.

I have been a long term shareholder of centrica for longer than I care to think about and just taken the script new shares instead of the dividends.

What worries me more than anything else is the current business model, ie in the blurb it talks about being customer facing and a moving away from O&G exploration etc, etc, but where is it going? ,apart from their ownership of Spirit Energy and tie in with Hurricane Energy.

No, the big thing for me is the sale of Gas to homeowners.

Now that the government, ie EU promoted I think, has decided to ban all gas boilers new homes in the UK from 2025, where does that leave Centrica?, up a creek I would say without a paddle.

I have also read that Centrica are looking to get into the Electric Vehicle charging market, that is going to take several years to develop and they will be competing with the likes of Shell and BP whom are also looking at that market sector.

The other issue I have is with Centrica's management. I cannot understand why the investment institutions have not demanded change at the top. How this guy Conn whom is conning us all, can get a 44% pay rise when the share price has fallen like a lead balloon over the last few years is absolutely staggering.

There's nowt like being sat on yer milking stool and milking it for all you can get, and that is what Conn is doing IMHO.
Actions required imo are remove Conn asap, change the business model or die.

https://www.bbc.co.uk/news/business-47850775

https://www.thetimes.co.uk/article/gas-boilers-will-be-banned-in-new-homes-from-2025-s7kbtb6jq

Johnpwh,

Retiring is indeed a strange thing and the camaraderie as you say is sadly missed.

I have regular dreams of still being at work but when I wake up, I say 'No thanks,' sod the pressure, but the craic as they say is what makes work bearable.

Retiring is without doubt a major milestone in ones life and requires careful planning to adjust.

Great song.............:O)

https://www.youtube.com/watch?v=QVlfINuDdKE

Or expanding that anaolgy, think of the game 'Battleships' , A1, F3, etc, etc.

Here's my simplistic dumb thinking.

You all know the arcade machines whereby you put in 50p to steer/control a Grab crane in order to try and grab a Teddy Bear, yes?

Only the only bear that can only be grabbed is 6 inches away on the right, but you don't know that, and you went for the bear 2 inches to the left which fell out of the grab, in other words you chose the wrong spot.
.

AK,

Thanks, what I meant but perhaps did not express it quite o clearly , was not to revisit the same exact 'Wellhead' but to drill a new well in a different location, but within the GWA?

AK,

What are the chances of revisiting WD sometime in the future? I know we are on a tight schedule to complete a further 2 drills so must move on, but what if there really is oil in commercial quantities down there, but HE have just chosen the wrong spot to drill?

AK,
It occurs to me th that there hasn't been a 'song for Sunday' in typical O/T fashion.
Try This, great Band.

https://www.bbc.co.uk/iplayer/episode/m0006h42/glastonbury-the-killers

Slip/DC,

Thanks, just a thought , and could be a different vessel next time round?

So if 9000 Bopd, that is roughly 39 days from the 18th June @ (350,000 load as last speculated on here, although not confirmed) which takes us to around the 26th July or thereabouts for the next offload, all guesswork.

Slip, I noticed that the Amundsen Spirit is heading for Aberdeen. Any way of finding out where it’s off to after that? Thanks

Saw a Blue Caterham about 10 mins ago

http://www.spa-francorchamps.be/en/webcam

AK,

Interesting, maybe send signals then down to the drill bit via the 95ft pipe sections itself, ie for example I have an internet connection to my TV via the 13amp Power cables in my house, ie just plug in a receiver into any 13 Amp plug socket and that provides an internet connection.

Cannot the same methodology be applied here?

Hello AK,

Re:' Plus control data / reception and likewise is complicated, 'cos radio doesn't work through thousands of feet of rock.'

Fibre Optics, cable ? why radio?

Heid,

'Good luck everyone, it's nearly showtime !'

You going to be wearing your maroon Levis then ?

:O)

Bridgedogg1,

Thanks for your detailed reply, appreciated.

Just one question, if you are 'Chairman of the Planning & Regulatory Committee' why would you need to request a FOR?

Anybody any idea as to why the planning application for Retention and extension of an existing well site, HH1 and HH2 wells, and vehicular access to allow: the drilling of four new hydrocarbon wells and one water reinjection well; the construction of a process and storage area and tanker loading facility; new boundary fencing; well maintenance workovers and sidetrack drilling; and ancillary development enabling the production of hydrocarbons from six wells, for a period of 25 years. has been pushed out till the 11/09/19?

https://planning.surreycc.gov.uk/planappdisp.aspx?AppNo=SCC%20Ref%202018/0152

Cannot understand the reasons for SCC Kicking the Can down the road, being going on for ages now.

Apologies, Ignore my post that site was wrong.

rich,

The volume today according to this site was 1,352,771, and the largest trade was 57,677.

http://pumpedordumped.com/data/searchcompany.php?search=cna

Not sure if DL is correct if you ask me :O)