Member Info for ocelot

... The Company is in the process of compiling responses to these EPSL queries, including generating some further limited baseline data, with the aim of reverting to NRW with full responses within the next two weeks or so. Once it has confirmed that it has no outstanding queries, the Company is hopeful that NRW will proceed to a decision soon thereafter on the grant of the permits so that the Company's dewatering activities may proceed.

https://drillordrop.com/2023/03/24/new-pumps-predicted-to-increase-horndean-oil-by-7-barrels-a-day/

Selected pages from the Horndean CPR were posted to the home page on 24/03:

https://www.ukogplc.com/ul/Selected%20Pages%20from%20DM%20Final%20Report%20IGas%202022YE_24March2023.pdf

March 24 (Reuters) - UK energy companies are expected to be given the option of windfall tax relief next week when Britain will unveil a series of measures to boost its energy security, the Financial Times reported on Friday.

The report said that ministers have been discussing with the sector that if energy prices fell below a specified normal long-term level, the 35% windfall tax would not be applied.

close at 0.1225p after 1 price monitoring extension.

The volume has suddenly perked up and the number of trades multiplied several times over.

just above $2,000 again, at $2,000.18.

European companies are using more natural gas as prices drop to levels seen before the Ukraine war, putting a potential strain on preparations for another winter with limited Russian supplies.

The green shoots are mainly evident in the refining industry, which can switch more easily between raw materials ranging from natural gas to fuel oil. Earlier this month, Dutch data showed the country’s petroleum sector had the biggest weekly gain in gas use this year, while French and Spanish gas network figures indicated refiners’ demand advanced in February from a year earlier.

The speed of the recovery will be crucial for the European Union and how it readies for a second winter with no pipeline gas from Russia. Rebounding demand could push prices past €100 ($109) per megawatt-hour this year, from about €43 now, and chip away at stockpiles, according Swedish bank SEB AB. It’s a view echoed by Vitol Group, one of the biggest gas traders ...

https://www.bloomberg.com/news/articles/2023-03-24/has-europe-s-gas-demand-started-to-recover-yet?srnd=premium-europe&sref=Em01M8Hr

European companies are using more natural gas as prices drop to levels seen before the Ukraine war, putting a potential strain on preparations for another winter with limited Russian supplies.

The green shoots are mainly evident in the refining industry, which can switch more easily between raw materials ranging from natural gas to fuel oil. Earlier this month, Dutch data showed the country’s petroleum sector had the biggest weekly gain in gas use this year, while French and Spanish gas network figures indicated refiners’ demand advanced in February from a year earlier.

The speed of the recovery will be crucial for the European Union and how it readies for a second winter with no pipeline gas from Russia. Rebounding demand could push prices past €100 ($109) per megawatt-hour this year, from about €43 now, and chip away at stockpiles, according Swedish bank SEB AB. It’s a view echoed by Vitol Group, one of the biggest gas traders ...

https://www.bloomberg.com/news/articles/2023-03-24/has-europe-s-gas-demand-started-to-recover-yet?srnd=premium-europe&sref=Em01M8Hr

Sorry, 18 hours ago, not minutes!

GAS UPDATE: Loxley gas CPR calculates that it could contribute £380 million in taxes to the exchequer as well as saving 1 million tonnes of CO2e emissions, both helping boost the economy and meet Net Zero. https://tinyurl.com/2wvrrbdt

GAS UPDATE: Loxley gas is for blue hydrogen whose carbon capture is now supported by the Chancellor’s CCUS initiatives and recognises the future need for gas in power stations. https://tinyurl.com/2wvrrbdt

GreenRoc's Chairman, George Frangeskides, commented: "I am very pleased to report that, due in no small measure to the skill and dedication of the entire GreenRoc team, 2022 was a highly successful and significant year for the Company. Enormous progress has been made, in particular, at Amitsoq, where we have built up a substantial graphite resource and have done so without any sacrifice to grade, with Amitsoq now firmly established among a very select grouping worldwide of graphite deposits with resource grades averaging more than 20% ...

The whole tone of the RNS is very positive, both the comments of GF and those of SB.

Just a question of AIM investors re-discovering some of their more ebullient spirits.

= most of the day's total volume.

This is a tweet from UKOG of about an hour ago, but is also of relevance to Angus:

LOXLEY GAS UPDATE: House of Commons environmental audit committee reports (in points 73 & 74) that "as the energy crisis in the UK has shown, constraining supply and dramatically increasing prices does not eliminate demand for oil and gas." https://tinyurl.com/2wvrrbdt

And another tweet, 1 hour ago:

LOXLEY GAS UPDATE: House of Commons environmental audit committee reports (in points 73 & 74) that "as the energy crisis in the UK has shown, constraining supply and dramatically increasing prices does not eliminate demand for oil and gas." https://tinyurl.com/2wvrrbdt

https://elements.visualcapitalist.com/the-key-minerals-in-an-ev-battery/

The tweet from 7:43 am:
HORNDEAN BOOST: New Competent Person’s Report on Hampshire oil field continues to show that UKOG’s 10% share of the Horndean oil field provides valuable revenue for the Company. https://tinyurl.com/2uuhd55t

https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1144529/hydrogen-champion-report.pdf