PYX Resources: Achieving volume and diversification milestones. Watch the video here.
Worth noting again, this is already a previously established well, so the foundations are already there and there is no need to concrete/set any new foundations as they are already there, pipework instalation at most would be required during/inline with drilling the new side track, which assuming successful removal is done?
The only reason they would be pulling pipe now if not already hitting the target would be to change the drill bit. As per tweets we know the milling of the carbon steel side wall was milled on the 7th November when the drill bit was changed to the 8.5" tricone bit as per 8th Nov tweet, the tricone bit is used for drilling rock so we know they are through the C/S tubing sidewall and they are progressing next stage which we know is to drill 1m into the target zone, the next stage is the clean up then testing period. Given the above I'm assuming drilling is complete and we are now in a clear up which involves I stallation of vital equipment, connection to the grid etc, this is part of the clear up and takes time, it's not just drill connect and done, the drilling is only one phase.
Angs pulling the pipe out in the morning, does that signal the end of drilling?
https://twitter.com/angusenergyplc/status/1592151612969177088
"No conclusions have been drawn" but I'm quite sure at this point they have a pretty good idea and the fact Adam Minto has resigned tells us so, in alot of instances they are ofter pushed too.
It tells me you should take it before you lose it all, don't be left holding the baby.
It's on the London Stock Exchange website so it has officially been released.
https://www.londonstockexchange.com/stock/ANGS/angus-energy-plc/company-page
"Together they intend to drill for oil, not through fracking but using more conventional Texan-style drilling methods"
https://www.telegraph.co.uk/news/2022/10/01/will-new-lord-lucan-strike-oil-sussex/
Enzo, they have been posting progress on Twitter if you have not seen the updates see below link. Thier last post was yesterday and everything appears to be coming together so we should see a completion RNS at some point today or tomorrow.
https://mobile.twitter.com/angusenergyplc/with_replies
If it has Warren Buffet's backing then who am I to say otherwise, I'm in. And not too long to get that second well at Southwark in production either.
https://www.heraldscotland.com/business_hq/23066490.sharp-exit-gas-explorer-boss-north-sea-well-setbacks/
Some decent purchases by emoyees right there, if only they had some sort of inside knowledge to help make an informed decision.
As some predicted director dealings RNS just released.
I'd buy that for a dollar.
This doesn't sound good, let's see how this pans out?
https://www.bindmans.com/knowledge-hub/news/bindmans-advises-medconfidential-as-nhs-trusts-share-patient-data-with-sensyne-health/