Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Something needs to happen as SP has halved since April , I can’t think of one thing that has gone right since day one that the “Gusher “ was announced
Anyone else think that this RNS is a little bit cynical considering Salmon Slacks must know what’s been said over the last few days, unless he can’t afford internet connection?
Smythe was criticised when he wrote all that stuff but as you say, he has been proven right. Sanderson wanted us to believe it was just the wrong kind of drilling mud at BB , the need for methods beyond their current permits when they return there , personally I think they are just playing for time .
We need a geologist CEO , oh wait .....
It might have been different if Lenigas was still around instead of doing a runner
There was also the Kimmeridge at Lidsey, never spoken about since and Angus haven’t produced a drop of oil there in months, it’s as if someone has been lying about it
I don’t think the company needs any help in the bringing down department, drip drip drip
Gbk are you sure it’s not Lenigas?
Rich , is the last word Mackerel?
Don’t forget the parking bay and tanker contracts that made such a difference at Broadford Bridge, essential
The name Gatwick Gusher wasn’t an accident, it was used by Lenigas who tried to make out it just appeared in the media, a clever marketing ploy that pulled in everybody who thought Horse Hill was the new Dallas , even the Stetson came out . Now where is he ? Producing cannabis, seems a little ironic to me.
Thank you Ibug
Penguins , I’ve been using 7.3 x tonnes = barrels for oil and 6.29 x tonnes = barrels for water ? Do you agree ?
Whatever the figures are it’s not what was expected after all the work to optimise the well and the so called stabilisation of water cut seems to be a bit exaggerated to say the least.
Didn’t Angus want to take waste from other sites to re-inject at Brockham?
Yes Tony , it really would be helpful if we knew the exact disposal cost , I didn’t get to read the EA comments yet but will have a look.
I get that , just like Lidsey would make the company self sufficient after they drilled the Kimmeridge a couple of years ago then abandoned it. Wasn’t it the same team who originally drilled HH ? Tidswell and Lenigas aren’t exactly a reliable source of the truth.
Angus quoted $49 a barrel to treat waste water in their re-injection application for Brockham, I had previously heard of around $30 in the USA. If that’s anywhere near the right cost then HH is only just breaking even.
Just seen this https://www.google.co.uk/amp/s/www.thearmchairtrader.com/uk-oil-gas-share-price-turkey/%3famp
Not so easy to see what’s going on in Turkey, you could say SS is playing a blinder
That’s only on a bad year lol