Member Info for luckyman2

VG-4 Should be going into production either this week or next . imo

Dont expect anything interesting to be revealed tomorrow.
Just another excuse for a booze up and chin wag.
The longer they drag this fiasco on the more they make in wages.
The salaries keep getting paid until we sell out.
So whats the hurry?
Could be another 6 to 18 Months yet.

you inky need to hold till City finished selling then up up we go. imo

Could get the RMP mob moving over here now to try and recover their losses. imo

one by one they fall.
only RBD and UJO left to bring home the bacon.

https://consult.environment-agency.gov.uk/psc/hu11-5da-rathlin-energy-uk-limited/consultation/published_select_respondent

My large buy is shown as a sell so a bit misleading.

I think most are holding back just waiting to see those trucks arriving.

I guess the environmental permit renewal could just be a formality.
Q1 for rig to arrive so i guess anytime now .
If not arrives by the end of this Month then we will get an RNS to say why. imo

I think we are waiting on a new environmental permit which is under review.
Could take a few days or a few weeks to issue. imo
They messed up by not having the right permit in place so had to re apply for an updated one . imo

Now at $67.25
Do the maths again

Finished on the 11th Feb.
Now they will have to go and look at the letters of objections and decide whether or not to approve the application.
Could take another few weeks.

Views are invited on an application by Rathlin Energy to change its environmental permit for the West Newton oil and gas site north of Hull.

A public consultation runs until 11 February 2019. There is a drop-in information meeting this week near the site.

Rathlin wants to vary its existing mining waste permit to allow it to carry out extended well tests on two wells at West Newton. It also wants permission to store crude oil on the site and burn gas in a flare with a capacity above 10 tonnes a day.

The company is preparing to drill a second well at the site, after gaining a second extension of planning permission in November 2018.

A TR1 released would be a good start.

They might have permission to start the drill but where can they put the waste water/oil and they can not flare gas without a environmental permit.
So no point in having the rig sitting idle over the well and us paying for it.
Thats why i think they are waiting till the permit gets issued.
How long that takes i dont know but could be a few months. imo

Seems like we do.
Must still be City selling as i cant think of anyone else.

They applied to alter their environmental permit in Jan.
Views are invited on an application by Rathlin Energy to change its environmental permit for the West Newton oil and gas site north of Hull.
A public consultation runs until 11 February 2019.
So when it will get renewed is what we are waiting on . imo
I would think that we can not drill till the permit is issued as we need to store oil and flare gas. imo

maybe we are waiting for the new enviromental permit to be issued.

You must be Joking.
We only had 60 Feet in west Brent VG-3 well.
This is massive for us and straight to production within weeks . imo
Even more oil to add to our existing 375bbls plus gas net pd.
we could easily add another 250+ bbls /pd net to us.
Now add that up at say $ 63 pbbl.
This is huge for us. imo

This well will be brought into production within weeks as it was drilled from the existing Burnett 2A well.
Burnett 2 will already have all the production facilities in place already.
So we will do a quick flow test then switch over to exporting. imo
Easy money.