Utilico Insights - Jacqueline Broers assesses why Vietnam could be the darling of Asia for investors. Watch the full video here.
Mr T, Jon Ferrier, at the Dublin AGM, said that Nick Davis of Memery Crystal advised the Board as to whether they were in a close period or not and would buy shares when they could. Has Ferrier bought any?
Surreyscot, there is evidence from multiple Drill Stem Tests, and from rapid communication in interference tests between producing wells, that the fractures currently serve as the main conduit for flow and productivity in the Jurassic reservoir. Fracture size impacts fracture connectivity, which in turn impacts reservoir flow and productivity. Bigger fractures with larger apertures tend to dominate flow and connectivity and fractures are well connected far from the borehole. The majority of wells show mid-to-late radial flow, indicating a well-connected fracture network. The huge productivity Indices and rapid communication of the Shaikan wells has been explained as being because they may be linked by a single massive fracture, LOL! But perhaps that is inferring that Shaikan it is just one huge cave system with ‘a few rocks thrown in’!
An average FP calculation of 0.4% does not seem to correlate with the evidence! Perhaps they have divided that by 10 as well.
The hydraulic behaviour of the fractures in a fractured carbonate reservoir is a function of fracture intensity, aperture, intrinsic permeability, length, height and orientation, all which influence the scale of connectivity and ultimately storage, productivity and reserves.
Oil majors face up to plunging asset values: “Executives who for years rejected the prospect of ‘stranded assets’ are acknowledging publicly the risk that swaths of their oil, gas and refining assets will be rendered uneconomic”
With over $3.5bn spent on wildcat drilling, years 2018-19, and a success rate of only 30% the IOCs could dump all that stuff and just buy Shaikan. But no. I think no one wants it. They'd rather play the game of hide and seek.
ERBIL, Kurdistan Region —President of the Kurdistan Region Nechirvan Barzani met with the head of Shiite political parties on Sunday in the second day of his visit to Baghdad.
Barzani met with Nouri al-Maliki, former Iraqi Prime Minister and current secretary general of the al-Dawa party to discuss outstanding issues between Baghdad and the Kurdistan Regional Government (KRG).
Maliki, who heads the State of Law Coalition in the Iraqi parliament, stressed the need for “continuous dialogue” between the federal government and the KRG to come to a sustainable agreement.
“Maliki called on political parties and the parliament to rush to pass the resolutions that will normalise relations between the federal government and the KRG,” said a statement released by Maliki’s media office on Sunday.
The Kurdistan Region’s independent oil sales, budget disagreements, and the issue of the disputed territories continue to be points of contention between Erbil and Baghdad.
Barzani invited Maliki to visit Erbil and work on a firm deal that could be beneficial to both governments.
Barzani also met Hadi al-Ameri, head of the Fatih coalition and Ammar al-Hakim head of Shiite political party al-Hikma.
They discussed the issues between Baghdad and Erbil, and the economic crisis compounded by the COVID-19 pandemic.
This is the second day of Barzani’s visit to Baghdad. On Saturday he met with Iraqi Prime Minister Mustafa al-Kadhimi, President Barham Salih, and parliamentary speaker Mohammed al-Halbousi.
In his meetings with his Iraqi counterparts and other Baghdad authorities, Barzani has frequently reaffirmed the Region's readiness to resolve issues with the federal government
"Erbil and Baghdad are ready to open up all of their [contentious] portfolios in order to overcome the ongoing problems," Khadimi's adviser Hisham Dawood told Rudaw on Saturday.
"Baghdad's problems are those of Erbil and Erbil's problems are also those of Baghdad. There is a mutual readiness to remove the barriers in the way of reaching a solution," Dawood added.
He added that both sides have agreed to "continue the meetings."