Member Info for Mullins58

Water ingress in oil wells refers to the undesirable influx of water into the wellbore, impacting production and potentially damaging the well and reservoir. This can be caused by various factors, including leaks in the casing or tubing, water coning (bottom water pushing upwards), or the rise of edge water (water moving in from the sides). Water ingress leads to increased lifting and disposal costs, corrosion, and potentially reduced oil recovery.

Water ingression into oil wells, also known as produced water, is a common occurrence in oil and gas production, with the ratio of water to oil varying significantly. While some wells produce almost no water, others can yield over 100 barrels of water for every barrel of oil. On average, about 10 barrels of water are produced for every barrel of oil across the US. This produced water is often salty and may contain oil residues, chemicals, and natural contaminants from the reservoir.

Production Operations

The Heron 1 well continues to produce at a stable rate in the range of 150 to 160 bopd with less than 3% water cut. To date, c. 46,000 barrels of Block XX crude have been transported to the neighbouring Block XIX facilities for processing storage and export under the oil sales agreement with PetroChina.

Will be a completely different business.

TBT , very inexpensive , with positive outcomes.

Just added a few more @ 0.80

ATB

The success rate for oil well acid washes, also known as acidizing, varies but is generally high, with reported success rates ranging from 60% to 95%. This technique, designed to improve oil production by dissolving rock and widening flow channels, is particularly effective in carbonate reservoirs.

Here's a more detailed look at the factors contributing to successful acid washing:

• Understanding the Reservoir:

Successful acidizing requires a thorough understanding of the reservoir's geology and the specific types of scales or damage present.

• Choosing the Right Acid:

Hydrochloric acid (HCl) is a common choice, but other acids like acetic acid or hydrofluoric acid may be more suitable in certain situations.

• Acid Placement:

Proper placement of the acid is crucial. Techniques like matrix acidizing (below fracture pressure) or acid fracturing (above fracture pressure) are used depending on the formation and desired outcome.

• Corrosion Inhibition:

Acids can be corrosive to wellbore materials. Using corrosion inhibitors is essential to prevent damage to the well equipment.

• Monitoring and Evaluation:

Regular well testing and analysis are needed to assess the effectiveness of the acid wash and make adjustments as needed.

Acid washing oil wells can be a successful technique for increasing production by dissolving and removing scales and other obstructions that hinder oil and gas flow. The success rate depends on factors like the type of rock formation, the acid used, and the well's specific conditions. Effective acidizing can lead to significant increases in oil production and well pressure.

In conclusion, acid washing can be a highly effective technique for stimulating oil and gas wells, but careful planning, execution, and monitoring are essential for maximizing success and minimizing potential risks.

Shareholdings in Angus Energy of greater than 3% are as follows:

Name Percentage of Enlarged Share Capital

Kemexon Ltd 19.67%

Forum Energy Services Limited 16.21%

Knowe Properties 4.85%

Aleph Commodities Ltd 4.25%

Atanas Djumaliev 3.68%

Th

Https://www.alephcommodities.com/

Big Hitters , looks very positive.

Non-Executive Director Appointments

Angus Energy is pleased to announce that Alex Craig and Richard Glass ("New Directors") have joined the Board as Non-Executive Directors. Alex will represent one of the Company's larger shareholding group, Aleph Commodities ("Aleph") and Richard will represent Forum Holdings ("Forum").

Alex brings considerable experience in mergers and acquisitions activities. He is currently focusing on investments in critical metals. Alex was previously founding partner of Aleph Commodities where he built out Aleph's midstream bulk liquid storage business and remains a non-executive director. He also manages diversified investment portfolios with heavy focus on commodities trading, infrastructure and real estate.

Richard holds a BSc in Electro-Mechanical Engineering and an MBA. He has extensive experience spanning engineering projects, real estate developments, mergers and acquisitions, financial structuring, and capital markets. His career includes roles with Accenture and Investec, and he has consistently delivered value to institutional, corporate, and private stakeholders through a range of advisory mandates and entrepreneurial ventures.

Krzysztof Zielicki, Chairman of Angus, commented, "the Board welcomes both these appointments. They bring a wealth of experience in the area of acquisitions and corporate finance. The strengthened board demonstrates the commitment of our major shareholders to the development and growth of Angus".

Alexander Grenville Craig, aged 45, is, or has, during the last five years been a director or partner of the following companies and partnerships:

Current:

Omikron Holdings SA

Aleph International Holdings (UK) Ltd

Custard Creams !

Does farmin require share ownership ?

0.82 / 3.3m

Something to look forward to.

https://www.youtube.com/watch?v=OoYghXM-NaI

https://www.facebook.com/watch/?v=1028270948899806

https://www.instagram.com/reel/DKbNfNizBKT/

God bless you

LR , I have just had a long period of ill heath , lucky to be alive.

Time is precious , take my word for it , I'm not going to waste the rest of it debating with these people.

ATB

I'm not going to carp on, we are all adults . although some act as though they are not.

suggestion , lets gather a list and filter them for a trial period and see what the results are.

ATB

LR , I agree , but can we all do it without the constant interruption from these awful people.

Abzz , I feel you are a decent person and hold genuine respect from many SH's. We have tried debating with them and they have kicked us all in the teeth.

They deserve nothing from us any more .

Please consider using the filter for a trial period.

ATB

I33, that's exactly how I feel. I give and take in life , but these people are all takers. I don't know anyone who behaves in this manner apart for on this board.

I will continue to add when finances allow .