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Adrian
@davethedrill1
·
12h
#ukog poster Penguins on lse is obsessed with me lol. Checked out he posting history over the weekend. There is scarcely a post I'm not mentioned in :))))
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It must be the love affair that you two have been
having for the lat few years.
Your like a old married couple!
ells_valexpert
Does that mean that you think that we may see what was a forward looking statements of continuous drilling at Horse Hill become a reality.
UKOG directors still seem to be setting out major growth projects for the company which requires a success case scenario.
All despite the naysayers!
Bring it on.
Ocelot
You forget to mention the other key factor for the Loxley exploration which is appraisal of the Kimmeridge resevoir on UKOG's Westerly licence boundry in the centre of the Weald where the oil and gas was stated to be the most mature.
ZYX098
Thank you for your comment.
I am unaware of any comment from UKOG concerning pressure in the well for some time, although they say they are optimising the balance of oil and produced water.
As far as I know no update has been given on production from he new pump installed and even Adrian has not had anything to say!
Ninetails
You may not but inside UKOG the board of directors still do or project a sucessful future for projects based on todays viability whatever anyone else may say or think.
We shall see the jury is out and everything can change very quickly as we have seen before.
Gl.
Penguins
Should the water injection well be successful it will likely take away the costs of importing water to fill the voids which was recommended by xodus to increase productivity by almost a third.
Your comments are as usual squewed and bias!
If the UK government is serious in ramping up oil and gas production it has the power and the means to fast track, effecting the changes espessially if it would be beneficial for the countries energy security, UK tax revenues, taxpayers and consumers.
Oclot
Truss sounds great but is she going to support companies with cash to dill for example continuous drilling of all Horse Hill wells and water wells. The government has the means under emergency powers and national interest.
The regulator supposedly has the sucessful UKOG data from 3 years of flow tests of the Portland and Kimmeridge. The government would also have the emergency powers to push through any planning hold ups if necessary.
That would then effect her words not just soundbites.
Ocelot
This is exactly why I believe that a farm in to Loxley would be ideal by Igas.
This tie up now that planning has been granted for Loxley would be a good deal for both companies in developing a joint exploration and development across both licences as a way forward.
Site permissions are not easily granted today as you can see and once proven would help justify further sites and development or buy outs.
Stockraiser
What everyone seems to forget is that the government sold the licences for the purpose of exploration and development.
If it doesn't support any opportunity for development when it is presented has it effectively mi-sold.