Member Info for Urraca

Still there.

lol, hilarious. Nothing like a bit of bad news to bring the vermin out.

Ajax. The first drill went down 4,267m, and hit jurassic sands, deeper than expected, but water bearing. The sidetrack went up, to a depth of 3,811m, and hit oil in the higher sands.

The current drill has gone down 3,784m, without finding the jurassic sands at all. I think it's a safe assumption that that isn't because they just haven't gone deep enough. So they must have drilled into pre-Jurassic layers, and the geologists will know the sequence of layers. So, as the Jurassic layer is not continuous between this drill, and the last one, there must be a fault in between, which has interrupted the geological sequence.

But having said that, Equinor obviously expected to hit the Jurassic sands by drilling in this location, so I expect they are analysing the well logs and all other available data to try and figure out why they didn't. And they have much more data than me to go on.

It just seems to me, given my very simplistic reasoning, that as they have already sunk the cost of mobilising the rig for this drill, it would be relatively cheap to try and sidetrack back towards the original sweet spot.

I very mich doubt they will drill further down Abatt, for now anyway, but the might sidetrack to see if they can go through the fault boundary between this drill and the previous successful sidetrack.

But given the Barryroe final submission was resubmitted early December (have we had confirmation exactly when?) then the 120 day period for objections should be over already, or around now? So, subject to the Minister signing it off, I thought we'd be seeing the permit around now. Maybe this week might be a good week for the Minister to slip it out, with attention distracted by the latest installment of the Brexit pantomime.

The Urals Energy website is back up, there is info about the registrar in the FAQs under investor relations. It Is a UK based registrar.

GB, I'm hurt. I only cast aspertions the once. And most of the time I'm just kidding about. If we ever meet up, I'll buy you a beer.

West Phoenix still anchored at the drill site Trigg. Starting to brick it over your short? Please let me help. It's better to close it now, and take that hit. It an RNS drops saying they are sidetracking, and it could easily come during market hours, this will gap up like it gapped down last Wednesday morning, and your losses will balloon before you can close your short. I only have your best interests at heart.

The reality is, no one knows what is going to happen, outside of a small project team looking at the data. Who will make a recommendation to management on possible next steps, to make a decision. So the price could go up, down, sideways, or in circles. You have no more idea than anyone else.

Brid Smith's bill has taken almost a year and a half to get to the start of the third stage in an eleven stage process. If there was a general election, it would fall, and have to start again from scratch. Anyway, long before it gets close to concluding I expect Goldman Sux will be making some 'political donations'. They after all are responsible for the ramping up of climate alarmism over the last decade. Read the article below, it's quite long, and you don't get to Goldman Sachs and climate alarmism until the last bit.

https://www.rollingstone.com/politics/politics-news/the-great-american-bubble-machine-195229/

Due three weeks today. Hopefully give us all a better handle on what's what. And show this sell off is well over done.

West Phoenix is still there which suggests they are keeping their options open. It doesn't necessarily follow from the last drill that it will take them 7 days this time to look at the well results and the 3D data they already have to decide what their next steps are. Might be longer, might be shorter.

There's the rns then. South Disouq update too. Ffs.

Heid could well be right. I don't know how to ascertain how many anchor handlers are available at any given time. But I do know that it is costing to keep the rig on station, and that Equinor moved it on sharpish from both Pip and Bigfoot. I was worried it would start moving off over the weekend, but it's still there, which is at least a glimmer of hope.

'No mention of a duster'? Lol, keep up barnet. Read the rns from Wednesday morning. You think the sp has just collapsed for no reason?

Cptn Kirk over on the other board thinks they have crossed a fault into a new compartment, and that's why they didn't hit the sands. They have a lot more info than us, bth from the drills and from the 3D. They might be considering sidetracking back towards to the previous drill, to see if they can establish where the fault is. The West Phoenix is still anchored there anyway, so it looks like they are holding her there while they decide what to do.

By the way, workover. I appreciate that the twitter rumours are concerning you. But you do realise don't you that twitter is infested with short term traders who will say anything to make a quick buck? If not in with a twitter crew, in which case you will have traded in advance of the rumours anyway, I'd never believe anything posted in that sewer.

Maybe it's Mr 10k stepping the action up. Even though the price has dropped hugely, there's been a lot of buying.

Is now worse than contemplating the paper loss in my pf. Lol. Give it a rest guys. I'm still interested in knowing what info they get from the hole, and what volumes they deduce from both drills and the 3D. and in what they decide to do with the rig.

I agree Noix and Ajax. It's worth waiting to see what happens.

Workover, Photographer,

There was a post earlier today saying there was an e-mail ruling out a sidetrack. No details were provided on who the E-mail was from, who to, or when. I decided to contact the company myself to clarify. They haven't got back to me yet. To be fair, they've probably had a lot of contact today. It does however make me slightly sceptical that an e-mail saying this came from the company this morning.

There was another post reporting a twitter rumour that Equinor had decided to walk away from Verbier. I'm much more sceptical about this. Equinor are not given to making snap business decisions. For the same reason, they may still be mulling over a sidetrack, although they may have had a few days already to think about it. For what its worth, I think they will want to check the drill results thoroughly, but remembering of course it costs to keep the rig on site.

And now we are glad to see it recover to £1