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My understanding is they expect it to take 20 days to bring each well online safely. Obviously as with any operation there could be teething problems or hiccups. Hook up is just the start but obviously a very significant milestone.
Dr. Trice has stated there is substantially less risk bringing the Wells on compared to normal with an FPSO, as the AM was previously producing the same type of oil. This is probably a very crude generalisation, just going off memory from what I've read!
Everyone is waiting patiently for hook up. I have no doubt this will be successful. HUR isn't the type of company to take risks. Everything on time and on budget so far. After hook up we will have another exciting wait to bring the 2 Wells online.
I have my own ideas what each of these operations will do to SP if successful, and of course producing at 20kbopd. Interested to hear anyone else's thoughts?
I plan to be in here till the asset starts to be sold off to major players. The farm in deal has accelerated operations massively.
Here is incredible for 2019, and beyond. The RNS on the updated reserves is a cracking start. Thoroughly looking forward to the upcoming drills. The massive director buys last year is going to make a lot of sense this year. I have taken a large position myself. Gla
Anybody know what happened to that 'Q' guy who used to post on here and tell everyone how young he was and how much money he made?
Nowadays it will be built with planned maintenance in mind. All designed to cope with the loads put on it and instrumentation to highlight issues and faults as they arise.
Carmaybe - may be common for people to refer the "the orkneys" or "the shetlands" but not accurate. My experience of people from both islands have been very positive so found your post a little strange. You'll notice Lancaster field referred to as "West of Shetland" irrelevant debate anyway. Hope we get the weather window we're all waiting for soon.
Thanks SIPP just trying to get into it a bit myself those photos are amazing!
Thanks for the brilliant photos sippn00b, much appreciated. Can I ask what model of camera you use? Fantastic photos
I appreciate your insight guys, a pleasure to read. I hold a large amount of shares (for me) at 22.5p average bought from 17p up to 24.5p. I have switched off a bit recently as we await St. 2 financing but I cannot help returning here as my excitement grows, thinking of what is to come for us PIs. I hope the great insightful posts continue. This investment could be a life changer. The global trials and brand just one of many positives here. I trust CF can pull a cracking St. 2 finance deal for us. Once that's sorted we can crack on, it's the only unknown left. I hope to hold this one for juicy divi one day.
Lejjb - I agree. I have bought significantly at this level. Slovenia is under the microscope and Ascent have more cards at the table now after the vote. Pieces of the puzzles slowly coming together in the back ground. Remember this jumped to 1.2p on a whiff of permits... GLA