Member Info for JiffyBag

This will give you 'Black Oily Pants' for sure.

https://www.youtube.com/watch?v=-C_jPcUkVrM

Evening Jmhy,

Seems folks are waiting for news, and hopefully a pictorial update from our 'Eyes on The Ground', maybe something over the weekend?

At least Pijoe isn't smoking his herb in the tree tonight O:)

Made me laugh,

https://twitter.com/Adrianwfire/status/1030332765454192640

Miracles can happen, Scandic has spoken!

Argus,

Very true indeed, hidden agendas, so very obvious.

Respect only to those that do own research and cite relevant documents, and then come up with valid arguments, but sadly so far are lacking in sufficient detail.

Argus Exactly,

Hypothetical example, 'Armchair Expert' here, I have 300 feet of reservoir bearing rock, but so far I have only perforated 100ft so far due to time restrictions etc on the last campaign.

Should I perforate another 200ft to maximise flows?

The answer is obvious even to non experts, is it not?

Too many 'Armchair Experts' , many of whom fail to do any research into the documentation that is already out there before coming on here with their theories.

Theories for that is what they are, but they are not at the actual coalface and that is the issue.

Careful folks, I think Newchurch is back in disguise :)

https://mycouncil.surreycc.gov.uk/documents/s40797/Item%209%20PDF%20FINAL%20Officer%20report_SCC%20Ref%202016-01894.pdf

Page 179

Ok using a crane instead of a rig, but it is clear to me that new perforations have always been planned for HH-1 as part of the EWT's as stated below.

'Workover operations will be required to prepare the existing HH-1 well for EWTs and will require the use of a workover rig. The workover rig will be mobilised to the site to remove the deepest barrier, ........make new perforations....... and install flow test equipment and rod pumping equipment prior to each round of testing. '

Scandic,

Re: Anyway all is good on Twitter why is it that the market does not realise the riches that lie ahead?

Valid point, only up to the 'Market' realization aspect, in that the market is currently on a 'Hold' status until such time that a 'Commercial' declaration is made.

That's why many are here ffs, and you know that.

The SP is not going to move northwards until such a declaration is made.(Until now, 1.90p has been resilient, has it not?)

The chances of such a declaration are Imho, looking good.

You have your opinion, I have mine, as soon as the Portland results are announced and added to a CPR then we will all know where we stand, its as simple as that.

Overall, IMHO so far it's looking good, certainly not as downbeat as you would infer from your postings to date.

ust watched this video, very educational, gives a good insight into the world of 'Brokers' and Conflicts of Interest and Retail Traders versus the Industry that all players are pitted against.

Just watched this video, very educational, gives a good insight into the world of 'Brokers' and Conflicts of Interest and Retail Traders versus the Industry they all players are pitted against.

So you shorter's out there beware!

https://www.youtube.com/watch?v=L7G0OfJUON8

Cindy,

If you think for one minute you are in for for a poor RNS, you have zero chance of any top slice, it will go to NT.

Cindy Dear,

What is the make of your Crystal Ball?

Where can I buy one?

Hi Wmc,

Yes very well thanks, will be even better when the Portland is declared commercial as indeed it ought to be given the intial flows reported, etc. That will be one box ticked and then onto the Kims,the suspense is palpable to say the least.

Will Angus or UKOG get there first, with regards to the Kim's, that is the question.

Bought a few and sold a few of Angs today, at the same time watching the excruciating planning meeting with SCC and some of the councillor's wanting to delay matters re Earthquakes etc. Thank God the Chairman and a few others put the meeting back on course to 'Planning Matters' only.

Ontheother,

Sorry for late reply, nipped out.

I think the answer is in the statement, ie 'relinquishment report', so I reckon the licence will be relinquished, IMO.

Onthe other,

From the Re-Admission to Aim document as an Operating Company in July

'Baxters Copse
UKOG held a 50% interest in the Baxters Copse (onshore licence PEDL233) oil discovery located in
Hampshire, close to the Singleton oil field and which was operated by IGas Energy PLC. The initial
term of the licence expired on 30 June 2018 and, due to the operator not having carried out the
relevant exploration work commitment, the OGA served notice of determination of the licence on 5
July 2018.
IGas Energy Plc (as licence operator) must formalise an expiry of the licence by providing a
relinquishment report to the OGA. This is due within 3 months of notification of the expiry of the
licence. The Company expects to be responsible for 50% of the operator’s costs associated in
preparing the relinquishment report, but does not expect there to be any material costs associated
with the relinquishment of the licence as no substantive works have been carried out to date.'

Hi Penguins , thanks, yes just read that on website.

Oh, well every little helps :)

I know this is retail price and it depends upon the calorific value and expected volumes over time, etc, but if you plug in 41,000 cubic feet it gives a value of £36K.

Have a look :)

https://www.businessenergy.com/gas/kwh-calculator.html

Luv it :)

Thanks Adrian.

https://twitter.com/adrianwfire?lang=en

Is that you, Billy?????? :):)