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Well intervention .. Initiate bringing 7z online ...to see what was going on...
Interestingly they clarified 11600 prior to change over ..which are decent numbers for a one well op..
Are we still running on 6 and 7z?
One day prior to RNS on the 19th
Saying 22nd lifting at end of April early May...
Something seems weird here if it is arriving as it’s saying at Lancaster tomorrow 08:00...on the 22nd?
Are management that bad they didn’t even know when the tanker is due or...
Has production with both wells ramped things up again ...?
Any comment on the boat being ahead of schedule or answer the question on how many shares for your fantasy dilution , what price and how much they will raise ?
You seem to have no answers ?
Due tomorrow 08:00, that’s not end of April and early May?
Weird ....
Can they not even get that right.
She’ll be gone by 24th...
Thanks laser
But this is a bit early compared to what was said in the RNS?
The 22nd cargo has been sold and is due for lifting between end April and early May 2021.
Has 7z started pumping decent amounts again ?
How many shares and at what price ?
Adoubleuk...
Drilling terminology from google now that’s clever ..?
I’m sure most oilfield veterans use google to find out terminology along with yourself..,
Guess your not oilfield ...
I’ll keep driving my truck as you say... lol
Might we get news on a deal before AGM in June..
If I were a director I’d want my @ss covered ...
Lots of people talking oil down but electric seems to be getting some real bad press at the minute .. quality issues in China ...and in the US and I’m not sure I’d want to crash in one given the story of the two poor blokes in US.
Minimum ....
Then we can get on with what this company should be doing ...
Punching a big fat hole in the side of some casing and making hole...
Bloomberg) -- Chinese traffic and factory activity is not only back to normal, it’s surpassing pre-virus levels, underpinning the global oil demand recovery.
The robust consumption from China -- the world’s biggest crude importer that’s also on track to become the No. 1 refiner this year -- offers support to oil bulls. That’s especially true because India, Asia’s other main demand center, is dealing with a brutal new wave of the coronavirus that’s leading to deserted streets and itinerant workers fleeing major cities.
Chinese oil demand in May could be as much as 20% higher than the same period in 2019, said Sengyick Tee, an analyst at Beijing-based SIA Energy. Apart from a few months last year, the nation’s energy consumption has been strong and continues to be, he said.
Factories at 143 industrial locations were operating at 83.5% of capacity at end-March, according to Shenzhen-based data provider Space Vision, which uses satellite imaging and analysis of indicators including night-time power use. That’s up from 70.3% at the same time last year and 73.6% in 2019.
Congestion levels on roads during morning rush hours in the week through April 12 were higher than average levels in 2019 in major cities including Beijing, Shanghai, Tianjin, Changsha and Wuhan, data from navigation company TomTom International BV show.
Only have one chance at it? Nonsense ... utter rubbish ...
If you fail to sidetrack you can cut another window further back so your statement is ridiculous ..
Easier and better how ?
Definitely more costly to order new conductor, bigger casing etc etc... better how? Utter nonsense, hence the reason they are using the existing 7z well in their plans ... it makes sense, something I’m not sure you posess.
Drill at an angle of your choice ?
What you talking about? Utter rubbish... they can utilise the existing wellbore and go off wherever they like to suit the Wellplanning they are desire..
As for your last paragraph well says it all about your agenda ...
Your worst post yet slift ...
Sometimes it’s better to be thought a fool than open ones mouth and remove all shadow of doubt ...
Bloomberg) -- The head of Vitol Group, the world’s biggest independent oil trader, expects crude demand to come roaring back this year and next as the world emerges from the pandemic.
Demand for crude will increase by 7 million to 8 million barrels a day by the end of 2022, up from current levels, and producers will be stretched to meet that surge, Vitol Chief Executive Officer Russell Hardy said in an interview.
“We will need all eight cylinders to get through 2022,” Hardy said. “We believe $70 to $75 a barrel is an entirely sensible outcome for the third quarter,” he said, making a rare specific call on oil prices.
If Money appears to be there to pay..I’m guessing our options for getting more cash to go drilling get easier..
The game of chicken is playing out before our eyes ...
To get the cash from the wells to pay the bond ...
CA beefing up their stance prior to the AGM keeps the pressure on...
Production figures and WC holding up well..in my view
Brent @68 adds a little extra each time it rises... second half should see 70..
Not sure CA stance on getting a farm in helps us long term... must be better options out there... plenty of cash swilling around the stock market and kerogen have loads in their pockets ..
For me the whole CPR scenario seems suspicious at best...
CA take of loads more oil seems plausible...
Time will tell, would have been interesting to hear what production figures were for both wells and WC associated with that but Maris negated to mention ...
Still ... 6 well pumping 11600 for a minnow producer is great in my view ...
It’s a beast right enough ..
And anyone talking about “well architecture” ain’t oilfield ...
Next ..
High angle cased hole sidetrack ?
Firstly, the further you go back the less the angle you have in the current wellbore... so it’s not a high angle sidetrack.
It ain’t risky either, it’s bread a butter in the oilfield, has been for years.
Set a whipstock with a Packer inside the casing, orienting the ski slope and take out the side of the casing with a milling assembly. Once 20ft of new hole has been taken out, trip and get your 8 1/2” drilling assembly.
Come off the low side of the wellbore using gravity angle with the mills, then start building angle with a rotary steerable drilling assembly ; it’s simple..
8 1/2” assembly is capable of 7-8 degree build rates but the well will probably be planned with 4’s maximum to minimise kinks for liner running.
Oh and it ain’t much more expensive than drilling a conventional well... so your comment is wrong ..
The management said they needed another year to plan it?
If that’s not saying it’s too difficult then I don’t know what is..
And ... they didn’t instigate the sidetrack first... they said they were going to drill a water injector first then changed their minds to go sidetrack first.. listen to that finance chaffe guy in previous mumblings...
Smacks of incompetence to me...
Are we going to get to attend the AGM this year..
Hopefully our posting ain’t like 2020’s...
It about time this shower we’re given a grilling ...
Notice of Annual General Meeting
The Company's AGM will be held on Wednesday, 3 June 2020, at 11.00 a.m. In light of current UK Government instructions relating to the COVID-19 pandemic, including restrictions on gatherings and non-essential travel, the AGM will be convened with the minimum necessary quorum of two shareholders (which will be facilitated by Hurricane) in order to conduct the formal business of the meeting. There will be no wider presentations on business performance. Shareholders must not attend the AGM in person and anyone seeking to attend the meeting will be refused entry.
On the pathetic management we have running the show here...
Shareholders are being treated with contempt by the new CEO and his crew of pussies...
The CEO can’t even be bothered to address the shareholders in his RNS’s..
Truly shocking behaviour ...
A doubleuk
No problem with the sidetrack out of the 9 5/8” casing as the new wellbore will be 8 1/2 hole drilling assembly and 7” liner ; not big rigid casing.
Liner is flexible and will be able to slip round any doglegs that are put in the wellbore...whilst drilling..
Hence my disgust at management saying it’s too difficult ...
Meooow ..,
It’s not, it’s easy to experienced people with the knowledge ..
CA....
Under the guise of well test ...
If you have everything covered with monster 6 well pumping , why screw around flowing both unless you think it might be beneficial longer term ...
Personally I’d open the taps now Brent at $66 and get the bond holders payed...
The Meow management in hurricane need to get some b@lls and get the crude out of the ground...
Elongating their take is not PC....