Member Info for Tony13579

Optimist I am but HH cannot sustain 500 tones for 25 years ;-)
Tankers per day is not the best metric. Recoverable reserves is the gold standard.
However BB is worth about 8x HH to UKOG by acreage Holmwood 1x HH. I'm not sure about the IOW was it 65% of 200km? Big anyway!

Unless the oil coming out of Brockham is different to HH with less gas, then they are constrained by the gas generator capacity.
Of course they could go back to SCC and get a variation to planning for more generators and to the EA for mire emissions. But the leaked doc mentions 300 bopd too.
The official target of Angus is currently 300.

Gas limit. 300bopd

The flow will be constrained by the gas produced going into the Gas generator.
41.The rate of production from the BRX4Z well will be constrained by the capacity of the generator. Should the gas produced start to exceed the capacity of the generator to accept it then the well rate will choked back. The applicant understands that the existing generator is capable of being configured to run on a variety of fuel sources, including gas. Further, a portable diesel generator is also permitted by planning permission ref: MO/2017/0916.
42.Whilst it is possible for the existing generator to utilise the gas, given the relatively short-term nature of the proposed appraisal works, it is likely that the existing generator will be replaced with a new, hired in unit. This would consist of a 375kVA gas generator with an output range of 511 kW per hour (at 50% power)to 933 kW per hour at 100% .At a production rate of 300 barrels of oil per day (BOPD) the associated gas from the Kimmeridge is anticipated to be in the region of 71 cu m per hour which is equivalent to approximately 770kW. The electrical output will be matched to the available gas output, i.e. the electrical output will be increased when more gas is available (higher pressure)and decreased when less gas is available (lower pressure)

But Alan, the leaked document between Angus and the OGA limits production to 300bopd.

I feel these last min large sales/purchases are part filled orders. IE, buy me upto 5m shares at a max of 1.35p
And the the rest of the order will be continued next day. (If the price stays below the target)

We more or less know the schedule and journey of the tankers. What we don't know us how many they are sending or any ad hoc tankers that could be diverted off other runs.
It's a team effort to cover the mist likely times.
Adrian does his "paperwork" whilst keeping eyes on. Others pays strategic timed visits to walk the cat etc.
Pete and I live farther away and plan our visits in with the rest of life.

The plans submitted can be changed during the application period as long as 3weeks ? Public scrutiny is allowed.
I think SS has made a number of mention sin the RNS and broadcast about investigating co-mingled kl3&4 and interconnection to the Portland. There have also been comments that you can count all the formation between kl3&4 as reserve.

There is a possibility in my mind that the reserves counted on the 2016 data may have double counted not taking into account the interconnections. On the other hand they may have wildly under estimated because of the source ricks can now be counted as reserves.

As ever penguins is only seeing negative. I really wonder who he works for?
In 2016 we had humongous estimates of OIP. The estimate was so huge I think we can live with the adjustments..

I think SS is still understating the results. Still buying share of HH and other reserves.

Just think what this will be like in 2 years with 9 wells...
Thanks everyone...

There is a problem with your first sentence, lol. Sane and swampy do not belong in the same sentence.
They don't want nuclear plants, tidal wave power, wind farms, 10x as many solar farms. Mining for battery minerals.
They do want plastic tents, phones. Shoes, clothing. Free train travel. NHS treatment (The Nhs couldn't function without plastic)

They want bio-gas but it needs all the green stuff from 15km to serve a small town.

Scanc. The company plans are available on UKOGs Website in the scoping document and have been for months.
You don't RNS submitting a planning application however it is on the foot note and asset tables that go with most RNS.

I like the way Vonk and Alan keep claiming they have a 2 year lead with thier production licence.
With 90 tankers out the gate, exceeding the angus 300 bopd restriction this looks and feels like production to me.
The planning application enabling that to increase in stages.
I feel he has not finished with the news flow....

56BCF is equivalent to 9,974,025,974 barrels of oil

The angus wording is
"The Company's long-term flow testing programme at Brockham Oil Field will temporarily suspend operations over the Christmas and New Year holiday period, from 23 December 2018 - 7 January 2019."

The DOR RNS is "estimated d to recommence 7th Jan"

Aparently because Cuadrilla's Preston New Road has shut for Xmas they have all flown south for Xmas.
Step up security!

They really are desperate.... Put their bets on for 1p and its all going pear shaped.
;-)
Let's face it they would wreck a company and jobs just to make 10%.
Boots on the other foot now , LOL

The income from 100+ tankers goes to HHDL to be share shared between the paid up contributors.
My understanding is that is UKOG , DOR and Alba , in thier appropriate shares.
Gun does not contribute.
Or stays in the pot towards the next step. HH2.
I think Jan 7th will be very interesting...

If we are at 130 tankers by then that £1.5m towards HH2...

Just to be clear 300k in HHDL bank account...

19 days to jan 7th, four days pressure build up.
There could reasonably be 30 more tankers, £300k in the bank

As far as I can see, Xmas is an useful period for UKOG. In the next 3 weeks they can continue the program to flow and produce. They could time pressure buildup tests over the bank holidays. Return on Jan 2nd and hopefully free flow putting results to the market in the first full week of Jan 7th.

A good RNS would be wasted on an Xmas market.

Staffing is minimal for this testing 2-3. Plus security. We must not forget the tanks and tankers. There is storage
Tankers can't run on bank holidays or Sunday's so there are 4 days with no tankers in a row.
I like Xmas day with my family but enjoyed covering the Xmas break.

Merry Christmas to all the Crew, Tanker Drivers, and Security.

Working over Xmas and new year could be very unproductive because if you break anything it can take so much longer to get a replacement in. Especially when cash is tight to complete the program.
However, swampy like thier Xmas stunts. Security still are needed, if not extra security.