Member Info for Sonofthebull

What a tit !

Analysts have named Parkmead Group’s (AIM: PMG) Skerryvore as the UK North Sea well to watch.

Westwood Global and Wood Mackenzie have marked it as the most prospective exploration well going in 2024, and the only one considered “high impact”.

Parkmead is targeting 155 million barrels of oil equivalent of pre-drill resource from the project.

Drilling is expected to take place in Q4 of this year with opportunity “for a number of low-cost tie-back options”.

When the project was approved in 2022, Parkmead pointed nearby activity on Harbour Energy’s Talbot, Neo Energy’s Affleck project, and work at ConocoPhillips’ Tommeliten A, which sits close to Skerryvore over in the Norwegian sector.

Parkmead is operator with a 50% stake, partnered with Serica Energy (20%) and CalEnergy Limited (30%).

Eight wells targeted in 2024

“UK E&A activity is expected to be maintained in 2024,” said Westwood Global, which is targeting total pre-drill resources of 325 million barrels of oil equivalent.

“All wells are infrastructure-led exploration (ILX), with one well also considered high impact at Skerryvore, targeting pre-drill resources of 155 mmboe. There are 13 companies expected to participate in E&A drilling in 2024, with NEO Energy and Harbour Energy being the most active.”

Be there long before April !

Don't think so ! 🤡

KCA are going to drill it from the Scott platform is the news

In the North Sea.....

Skerryvore will more than likely be 2025 that I agree on.

Dry your eyes !

Orcadian energy and Parkmead undervalued under statement.

Geothermal wells are working on the mainland

Roadster

How you doing my old friend......long time no hear ?

Oh ye have little faith

Currently valued at 50 pence.

Moonlighting !

Bobert

The licenses are loaded with heavy oil....polymer flooding to surface........boom time for Parkmead the techology is there for getting it out

Https://www.nstauthority.co.uk/media/hftpmq4w/33rd-licensing-round-tranche-2-awards-by-administrator.pdf

RNS tmrw ?

£1.50 sounds cheap

He won't be sitting on his hands that's for sure.

I also read they were going to be issued six months ago.....fast tracked.......In low gear

We been waiting on them licenses for six month

Why pray then.....

GTC70

Hope for what.....Orca has it in the bag !