Adrian Hargrave, CEO of SEEEN, explains how the new funds will accelerate customer growth Watch the video here.
Well done chaps, I feel your efforts on behalf of us all warrant a welcome congratulations. BD, Jetty etc Many thanks Mr B
The whole thing is played out WELL forgive the pun, and unlike most onshore oilies. Look where we have a MAJOR Oil Refinery. Most of those UJO EDR Licenses are within spitting distance of Immingham. NO Pipelines to build.
But WELL, Welcomed ;)
"Long live the fighters"
Agreed Vernony, However to address the "financial viability". As a Health and Safety Professional I have had quite a few dealings with companies who are financially "strapped". In fact I have just walked away from one Scottish company who blatantly ignored my requests for equipment in the interests of Health and Safety. From the UKOGA's point of view, where would they stand if they issued licenses to companies that are will to take short cuts? Or not have the finances in place leaving them to use inferior products to protect the environment, take short cuts in the health and well-being of the companies operatives. As shareholders I wonder how many of us would put our money in companies like that. ( Deep Water Horizon BP) ( Piper Alpha) (Flixborough) all show us what would happen to our share prices in the event of "Getting it wrong" or taking "shortcuts. But I agree, these ministers need to pull out their proverbial finger and get the ball rolling. As DB stated in the US from discovery to production can be as little as eight weeks. Not bad, but their H&S records are not as good as ours.
Posted before I could complete Crusty
I never thought I'd see Aminex's share price lower than Solo's. Personally I'd like to see Ritson living in a tent until he provides his loyal shareholders with beans.
Dear Mr Berry, Thank you for your email of 17 May 2018, addressed to the Rt Hon Greg Clark MP, about Petroleum Exploration and Development Licence (PEDL). The Secretary of State is delighted that you have taken the time to write to him and has asked me to respond on his behalf. It may be helpful if I explain that before a Petroleum Exploration and Development Licence is granted by the Oil and Gas Authority (OGA), the OGA scrutinises the operators� competency, financial viability, environmental awareness and geotechnical knowledge. If a PEDL is granted, it does not in itself give any direct permission for operations to begin. Before the licensee can begin any operations such as drilling, hydraulic fracturing or production, they must be granted a number of further permissions and consents. These include, for example, planning permission, environmental permits from the Environment Agency, scrutiny by the Health and Safety Executive, and OGA consents under the provisions of the PEDL. Our regulatory system is in place to ensure that onshore oil and gas development can be carried out in a robust and environmentally sound way, both for the environment and the local communities that host hydrocarbon sites. On planning, the Government remains fully committed to making planning decisions faster and fairer for all those affected by new development, and to ensure that local communities are fully involved in planning decisions that affect them. These are long standing principles. As set out in the Written Ministerial Statement of 17 May, the Government continues to commit to identifying underperforming local planning authorities that repeatedly fail to determine oil and gas applications within statutory timeframes. When any future applications for either oil or gas are made to underperforming authorities, the Secretary of State for Housing, Communities and Local Government will consider whether he should determine the application instead. I hope this addresses your concerns.
For those on Twitter, I got a reply from the Secretary of State regarding planning timescales and underperforming councils. Very interesting to read the last sentence. I would think DB will have a wry smile at that last line. All the best folks, the UJO'ers are fighting hard. Mr B
Hi BD Couple of questions 1. Can the company confirm who actually is on the payroll? 2. Referring to a recent Tweet by "Chris Oil", Can the board explain the reasoning behind this quote "Talking spivs #SoloOil board are crooks how does it take �500,000 to refit your office stranded gas that's not commercial post" decline curve?
Hi BD Couple of questions 1. Can the company confirm who actually is on the payroll? 2. Referring to a recent Tweet by "Chris Oil", Can the board explain the reasoning behind this quote "Talking spivs #SoloOil board are crooks how does it take �500,000 to refit your office stranded gas that's not commercial post" decline curve?
BD
Was it or is it true that Raylene Whitford is working for SOLO?
Is the figure of 855,000 taking in to account the Pen_istone Flags? I seem to recall DB saying that this formation cannot be added to the reserve until production is granted and a FDP are performed. Is this figure the amount now attributed to UJO because of the deal alone? Can anyone clarify?