Firering Strategic Minerals: From explorer to producer. Watch the video here.
Giddeons
The water injection well is currently planned for HH1 & HH2, Portland layer if granted.
As far as we are aware there remains a EA permitted permission for a sidetrack well to be drilled into the Kimmeridge layer from the current HH1 well.
The advantages of this are that there would only be the sidetrack well to pay for while the Kimmeridge layer is so far water free.
With the Finch appeal case I understand that costs of £10,000 were awarded to Surrey Council.
Bring back fracking, says Jacob Rees-Mogg
Jacob Rees-Mogg was made Brexit opportunities minister
Jacob Rees-Mogg was made Brexit opportunities minister
TAYFUN SALCI/ZUMA PRESS/ALAMY
Steven Swinford, Political Editor
Wednesday February 09 2022, 12.01am, The Times
Boris Johnson has been urged by a cabinet minister to return to fracking amid concern among Tory MPs over plans to move to net-zero.
The prime minister yesterday told his cabinet that oil and gas will continue to play an important part in UK energy supply as the country transitions to green energy.
Jacob Rees-Mogg, who was yesterday appointed as the Brexit opportunities minister, suggested that there should be a return to fracking to increase Britain’s energy independence.
However, the suggestion was rejected by the prime minister.
Fracking, a controversial method of extracting shale gas, was banned in 2019 amid concerns that it was causing earthquakes. Environmental groups have claimed it is incompatible with the government’s net zero target.
Its about time that the harm the being done to this country, its people and its climate by imported fuels over home produced fuels was put right.
Lets see action and not just words!
Mirasol
But they also say they haven't planned the S/T yet............ so how they know the cost is beyond me
You seem to have a very selected memory was it not stated that UKOG's costs in the partnership for the first well were capped with that cap stated as well costs and seismic costs and 50/50 there after?
CynderLad
You forget to mention in your credentials a complete lack of understanding of how oil companies are run and what contributes to there value.
Today and the last few years has been a tough time for smaller oil companies like UKOG who are investing and operating in the UK just like RBD but things can change just as the negative sentiment can change very quickly also.
Your grievances are well documented here over the ups and downs and sale of your approximately £150K investment which seems to leave you very bitter.
All in my own opinion of course!
Swizzle
Your post suggests that you believe that you are far superior to other posters here which backs up my previous post in that you couldn't cut the mustard on the BP chat board hence your 160 posts on the UKOG chatboard in 30 days?
Just remember pride goes before a fall!
ZYX098
What you seem to be saying is we should take all posts here with the biggest pinch of salt and say thank you for the entertainment including your own, as only the company has the true facts if they were to release them and the rest is either speculation or in some cases a educated guess.
Swizzle
8 posts on the LSE, BP chat board where claims to be heavily invested and doing so well and 157 posts on the UKOG chatboard where he is not invested!
Is it all just for fun or does he not really fit in with the BP steriotype investor or is it all a sham?
Well said Pboo
We still seem to have the eggcup of of brigade here.
While thing are still progressing at HH with waiting for the EA permits, water injection and the outcome of the Sarah Finch case. We still have oil production which is all the better for a higher oil price.
In the meantime we will have a water injection well which would have been needed to be drilled anyway in the early stages to increase oil recovery long term.
I'm sure in the last period some of the void in the reservoir has been replaced by water through the natural fracture system so will have longer term benifits.
I'm looking forward to the next chapters in Horse Hills future it is a time consuming process going though all the regulation but there is light at the end of the tunnel for those that want to see.
Good luck to all those shareholders who have been through a difficult time like me over the last couple of years. I look forward to 20 years of oil production with higher production rates from future development and higher oil prices which are inevitable due to the lack of investment in exploration and production and the transition away from fossil fuels.