focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
If we out number the protesters, and emphasize how costly to the country, company, and sub contractors the planning committee postponements are, as well as being an unfair tactic, it could make a difference. What does concern me somewhat is how few of us post on here. Anyway of catching a wider support for this ?
Completed form in EOG's favor. 5mins. How many can we get to do it. I would suggest all shareholders be sent a letter with web site to support their investment. All hands to the pump.
What Schlumberger is doing, however, is far from typical for Silicon Valley: it is working to increase output and cut costs for an activity at the heart of the old economy, oil and gas production. The technology centre that the oilfield services group has created is a sign of the huge changes under way in oil and gas, as the industry begins to adopt the latest innovations in information technology. Techniques such as advanced data analytics, used by Google, Facebook, Amazon and others mainly to disrupt consumer-facing businesses, are now increasingly being applied to the energy industry. Many oil executives believe the results could be similarly dramatic. The new opportunities being opened up include analysis of rocks to target wells more precisely in oil-bearing areas, reservoir models to enable production to be maximised through the lifetime of an oilfield, and automation that can make operations safer, more efficient and cheaper. The increased production made possible by these innovations will put downward pressure on oil prices, creating headwinds for competing technologies including electric cars, and potential difficulties for producers in other countries that are not able to cut their costs the same way. It will also mean disruption for many in the oil industry, with job losses and changes in working patterns and culture. Matt Rogers of McKinsey, the consultancy, says forecasters have failed to grasp fully the scale of the coming changes. �I don�t think we�ve built into our supply-side models just how much more oil this will provide,� he says. �The world in 10 years will feel very different . . . It�s going to feel like we�re in Star Wars compared to where we are now.�
Where we are going to.......... Matt Rogers of McKinsey, the consultancy, says forecasters have failed to grasp fully the scale of the coming changes. �I don�t think we�ve built into our supply-side models just how much more oil this will provide,� he says. �The world in 10 years will feel very different . . . It�s going to feel like we�re in Star Wars compared to where we are now.�
Only a few weeks to wait before we see, no waiting around for another few years.
The best part is we have minimum costs and HUGE upside.
Oolite production will give us steady income. The kimmeridge flowing as per HH1 will send this share into orbit. We are only weeks away to finding out. Seismic analysis Building a picture of rock formations and the location of oil and gas miles below the surface using seismic and other surveys is a highly complex operation. Powerful computers enable companies to understand more about the geology of regions that are difficult to observe, and to predict more accurately where oil can be found. Production optimisation The flow of oil from a reservoir depends on a complex range of factors including the length and spacing of the wells and the types of fracturing used. Modern techniques allow companies to maximise the value from a field, sometimes throttling back initial production to achieve a higher ultimate return. Predictive maintenance Studying all the data associated with pieces of equipment such as pumps and valves can give indications as to when they are likely to fail, allowing them to be repaired or replaced before they break. The result is better safety and an ability to streamline maintenance schedules. Automation The spread of intelligent and connected devices means that processes that traditionally needed skilled staff at a wellhead or processing plant can increasingly be run remotely. The result will be lower labour costs, greater safety with fewer workers in hazardous environments, and increased efficiency. Security The energy industry is already a prime target for cyber attacks, such as the Shamoon and Shamoon 2 viruses that hit Saudi Aramco in 2012 and 2016. Increased mobile connectivity, the greater use of operational data and automation create new vulnerabilities, and oil companies need to deploy the most advanced technology to protect themselves
Money raised to pay for 25% of Balcombe. They are really sold on the Kimmeridge being huge. Their knowledge of the Gatwick Gusher tells them that. Plus they need money for the drill at Holmwood.
Just been advised my shares in my ISA held via Crest arrangement will end and I will be receiving certificates for my holding. When I need to sell these it will be using a UK broker as in the "old days." Need to watch the CGT is the only downside.
This latest technology does an amazing job. Check it out.
Brokers deal with The Share Centre
Min. �20 per trade/ other wise 3% Woks through computer share via your broker. Go on line and read FAQ and conditions.
Uk market.....................Asset Match does trades between buyers and sellers. Check it out.
Still own %'s of Weald play. Don't panic Mr Mannering.
The exorbitant fees, bid/offer in uk are responsible for this IMO. Can't see a downside really, now news is electronic, these days the world gets smaller. Still ISA qualified. Still has to play by the rules.
Sussex cc asked to consider the Egdon refusal in the Balcombe drill. Interesting read. https://ieonline.microsoft.com/#ieslice
Any oil flowing from the Weald basin will have a knock on effect on all participants in it and also make the council and swampies lives that much harder to reign in the developments. What cannot be said or printed yet is where Angus will raise their funding for their 25%. DL & SS were both Pioneers and friends in the development of the Gatwick Gusher so any collusion in Balcombe could see a more definate knock on effect. Speculation is easy to knock. but it is always there in the background. Exciting times for us. Do we or don't we get an invite to the party? Knock on.............
As our interest is focused on the Weald Basin, the knowledge DL has from Horse Hill makes the 25% Angus are acquiring in the large Balcombe kimmeridge another income generator to our bow, at no cost to us.
Then we should have the wressle news we want. So only a few more days to talk this down, to steal shares. Surely most of us are averaged down and will be tons happier for the remainder of the year.