Viva Adrian! Thank you and the eyes for keeping the info flowing. Your positivity is a tonic. Looking forward to a good week and months ahead. It will take time but our day will come.
Some of the UKOG responses were submitted only in early May, hence delay. Date now set for 10th July. No complaints....this is for the next 25 years and provides template for multiple sites. This will come good.
Great post Zoom. Could SS be looking to get into the Colter Prospect with Corallian. Drilling off Bournemouth. Maybe SS has some good tips for them, would make sense as it is closer to the areas where UKOG has gained valuable knowledge.
It is a fact that SS has not released info on Kimmeridge, CPR, recovery factors etc. UKOG has however a development plan that includes 4 Kimmeridge wells and one hopes that SCC approves in May so UKOG can get the HH site set up for production. My cup is half full, do you think SS is the real deal?
Link to an interesting article
https://www.aogr.com/web-exclusives/exclusive-story/study-evaluates-eor-potential-in-naturally-fractured-shale-reservoirs.
Bit technical for me as a non G&G person. But you can discern that there is potential to improve recovery using gas sweep. We have flowed more than an egg cup of oil from Kimmeridge. We could do very nicely if the recovery factor could be increased to say 20% or more!
Just patience required.
Kimmeridge is still being assessed, pressure build up was being monitored, are they using the outfit in Houston to determine best well technology? DHC has put forward some good arguments for Kimmeridge. If all good then once the horizontal well starts to flow we will be rewarded. Portland just keeps the home fires burning. Would be good to know what the 3.5 million was for.
Zoom.....natural fractures......no. We are producing the Portland at the moment. Still, it is exciting. I am waiting on good news to drop any day. All the crap of the last few days will be history. Have a good weekend.
Heid, we are patient. This Weald thng is a monster. SS is getting his arms round the best he can, and he hasn't done badly. We just need lift off in the near future.
Let UKOG team answer all queries, 20 years to consider... Big deal and after successful outcome big deal for the share price. Post approval it will be all hands to the pump to get the site ready as approved whilst next two horizontals are being drilled. Patience!