Spot hire of boat usually means urgency...... The share price has increased lately indicating that them are in the know are buying, which suggests horizontal section is currently providing fruition.......
Production platform without a drilling Derrick package would be cheaper. However the oil still has to come to town.....pipeline to tie in to forties pipeline one way or another or FPSO, take your pick !
Was producing 8k barrels of oil a day prior to HSE pulling the Buchans anchors up and sending it to the graveyard. The production plumbing into the oil field itself was outdated and any redrills was only through the existing production tubing by coil tubing... Seismic and better technology will remove the existing barrels in the ground at a production rate greater than previous. GLA.
It tells us the wells are still flowing with no sign of reduction in production.......will there be an RNS released for the departure from the Lancaster field with this cargo or do we gave to wait till it reaches port ?
Bandit1: Here’s What Cross said at the last AGM.. I have put all my money in this company and GPA is a one way bet ! You don’t need news when Tommy preaching at the AGMs