Member Info for ToblerRone

ok so I see why you are confused now as the 210 day requirement was only accepted as 150 days EWT. the other points are still to be accepted and rubber stamped by the authorities. big mine field of red tape to get through.

4. The Horse Hill appraisal programme is separated into four phases:
Phase 1 (210 days) – the carrying out of extended well tests (EWT’s) and a short-term well test of the existing HH-1 well to appraise the technical and commercial viability of the hydrocarbon accumulations discovered. Each of the well tests will involve flowing, pumping (as required) and pressure testing with the purpose of evaluating the characteristics of the oil resource that was discovered during the original exploration of HH-1;
Phase 2 (100 days) – this is dependent on the outcome of Phase 1 and may in practice follow Phase 3 below; it involves the drilling of a deviated sidetrack from the existing HH-1 borehole. This will be followed by the carrying out of an EWT;
Phase 3 (110 days) – this is also dependent on the outcome of Phase 1 and involves the drilling of a new appraisal well Horse Hill-2 (HH-2) from the existing well pad. This will again be followed by an EWT.
Phase 4 (45 days) - restoration of the well site to agriculture and woodland, unless a new planning application is submitted.

OK was that rubber stamped as I can only see the 150 EWT granted.

extract from the RNS on 14/06/18

The EWT will comprise a series of three separate test sequences commencing in the Portland followed by the KL4 and finally, the deeper KL3. If time permits a test combining the KL4 and KL3 (a commingled test) may be undertaken. Each test will utilise existing perforated zones as per the 2016 test programme. The expected duration of the full flow programme is around 150 days.

so they tested KL3 before KL4 which was the deeper layer and if time permits co mingled test will occur.

tick tock time is running out mighty fast. mega cold snap next week lol

ok still don't see 30-40 days of testing KL4.

just that the EWT start date was rubber stamped 0700 hours on 27/06/18 and 23/11/18 is 150 days

that's all I'm saying and I'm going by hard facts and not reading between the lines like you have with the below statement from SS

Ok maybe I have it wrong but can they pick and choose when to stop and start the 150 EWT ? I thought it was continuos from day of start 27/06/18

Tell me where my dates are wrong

UKOG's EWT ends on 23/11/18 and they haven't even started the testing on KL4 which is the biggy.

Oh dear dropped the ball again. Oil cash drys up placing imminent billions of shares diluting the already bloated
number of shares in the market. BERGEN this time ??

good luck DHC

Production production production As well as Horizontal v vertical

Because good news of stable flow from KL3 at 342 is excellent from a vertical well of 83 ft perf Just the production license is years away and when you consider ANGS has 4 x the perf area in a horizontal well weeks away from going into production then there is only one mover and shaker. The migration is happening now as PI,s realize where the bigger and quicker prize is now. UKOG will be good for a mega ride in 18 months time

It will come good keep the faith

it sure did with Bergen but that was because volume was paltry at the beginning but look how quickly they went
once the TR1's were issued. plus coming into a very news rich period.

will take one day when tankers are seen at Brockham or even when UKOG release flowrates for KL4

he always has but come one UKOG did 10+ bag whilst he was there. what more do you want.

I'm sure he sold at a massive profit and now he sees a major prize at hand with ANGS with a much bigger bagger on the cards IMHO

Placing would have been all sorted months ago

they're all crackers as they have such a great chance to get in low low low before lift off.

especially as they know the god damn oil is there after 50 plus tankers leaving HH. it beggers belief that
they cant get there heads around the differences in UKOG and ANGS.

Still I'm betting that once UKOG hit the market with flow rates from KL4 and then piece it altogether with the other Flow rates given out for HH then there will be a mass sell off in UKOG on the initial spike and then huge buying surge in ANGS.

It will be a mega day for both but ANGS will be the winner in truth with UKOG holders scratching their heads at the craziness of AIM.

So Yorkshire life as you kept your powder dry due to fears of a placing have you now gone in full tilt or did you think it would go lower and therefore have missed the boat ?

I think the latter hence your calls to vote the placing down.. tut tut.

is now kicking in

My buy for 153623 shares in red

i would agree with you normally but this is different in that the hole has already been drilled the side track has been drilled and that the hole is now a well. The well has been logged and the only reason we are still waiting for the perf and production flow testing to happen over 18 months is down to the issues they had with the council.

This is now all sorted and here we are days / weeks away from flowing the side track with 4 x more of the well to be perfed than at HH which has already exceeded previous flows from 2 layers with the even higher flowing KL4 flow result to be brought to the market.

They then have 2 more wells at Brockham that can be converted very quickly to produce and flow test from the Kimmeridge layers and these will be funded from the first well/side track.

so my point is all though there is a cash burn in any operations it isn't anywhere as high as if we were to spud and drill.

They know what they've got here and have done for sometime its just taken a long time due to the red tape that needs slicing through. this is a real opportunity for PI's to get in at ground zero before the whole thing goes ballistic.
the money made from countless many tankers rolling in and out for 18 months will fund the company.

No ones getting shafted. tomorrow they will reap the benefit of getting in now if not before close of play.

Baz will bugger off now, same as Jaffas will soon.

anyone doing a little bit of research will come to same conclusion this has some serious ZZ TOP....LEGS

Disco inferno