Member Info for wizard125

Mirasol

If that is a oil export pipeline on the environmental permit plans it could refer to that without increased transport requirements.

Mirasol

It would certainly be a great development for HH if it was true.

I just found this paragraph on the Surrey Frack Free Twitter page which says the restrictions on the number of oil tankers leaving HH on a daily basis is removed with the environmental permit being granted, and advising people how to object to the permit, you can also find it in the link below:

This production permit removes the previous limits for quantities of oil trucked off the site. This will add to noise and odour from additional traffic.

http://frackfreesurrey.com/2021/04/ukog-applies-for-an-environmental-permit-for-new-oil-wells-at-horse-hill/#more-7117

Ibug

As I have little technical knowledge of oil wells is it possible that with HH2 shut in that the water ingress from the HH2 well will pass though the slotted liner into the natural fractures to replace some of the void in the reservoir?

Ibug

With the HH1 production over the last 3 years of 137,000 barrels of oil there would certainly be a reservoir void to fill & this will ultimately be part of the pressure issues faced which why they are looking at not returning to HH untill after the Turkey drill.

Ibug

I had read that previously but in the Environmental permit document below you can find more information on page 15.

14 - Geological Reservoir Parameters Rev4

ozzy52

I believe the stated increase of oil recovery from the reservoir is predicted to be between 8 and 14% with water injection.

I don't believe that we have yet seen the benefits of the full reperforation of HH1 which should include the Upper & lower Portland layers providing a greatly increased flow which a water injector will help to reduce costs of water disposal off site.

danpoe353

We already know that the Resan licence Prospect A is drill ready will we hear that it will be drilled immediately afterwards & a forward drilling plan for all 5 of the well?

I wander if Turkey will be drill ready for the AGM.

That would be a great birthday present.

cynderlad

Nice to see you happy & gloating.

Ibug

It will be interesting to see a WH Ireland broker review.

What were your thoughts on the HH3 well diagram with the water injector behind the bore hole in HH2?

cynderlad

For all your wise words the market has obviously seen things differently with the share price now up from 0.12p to 0.29 with a broker rating of 1p.

Gl.

galanoja58

Another excellent post & if for no other reason the Turkish government will see that everything possible is done to support a successful outcome of the Resan licence & provide more as can be undertaken.

It's called a vested interest.

Gl

OofyProsser

Yes.

Sageman

One man's rubbish maybe another man's gold!

We shall see Gl.

Ibug

I had seen that & it has some very interesting possible outcomes.

Penguins

Why do you caim to be invested when all you want is a perfect world?

Even the likes of Shell & BP have there problems but have not got where they are today without facing & overcoming challenges.

We dont know what oil extracion method are used in Tawke or even if water injection is used at East Sadak it could be a very rewarding partnership for many reasons.
Obviously AME are looking to UKOG for a technical support partner it could be win, win we will see.

galanoja58

All looking good.

Gl.

galanoja58

I have read many posts saying about Northern Irak being in a different basin but what these posters have not understood is that the source rocks are in Northern Irak & the oil migrates.

Look at & read the presentations the oil belt runs right up through the mountain ranges & needs development.
I will look now.

Lots going on for UKOG this year.

1.Turkey site completion
2. EA permit grant
3. First Turkey drill
4. HH2 water injector fitted subject to permission
5. News on drill ready Resan prospect
6. News on third Resan licence drill
7.Arreton planning news
8. Loksley planning appeal news
9. News on HH3 & HH4 drills

Ibug

I understand your concern.

I don't know any of the directors personal terms & conditions of employment but I understand from reading that shareholders are entitled to request a copy from the company & the company would had a duty to provide it.

Obviously there may be terms there that cover these eventualities but it is hard to comprehend what sometimes happens without the details or any change of salary terms & conditions especially when I understand the directors have notice periods of 3 months for non executive directors & 1 year for executive directors.