Member Info for wizard125

Thorpedo

Maybe they won't need to drill a sidetrack into the Kimmeridge at HH1

Maybe one of SS's Kimmeridge secrets is that the KL 3 & KL 4 will free flow or pump 1000BOPD with less or no choke from the vertical well!

DHC & Penguins set to marry.

Birds of a feather flick together!

Sandy

This link is to a SS interview from 27.01.2019 where he talks about value for shareholders & borrowing against net asset value which would mean less need for dilution for development in the future.

https://m.youtube.com/watch?feature=youtu.be&v=5Mc6sBiT2rY

Sandy

I think this is the interview you are looking for but I think there is a better one if I can find it.

https://m.youtube.com/watch?v=dTfc4N6dlng&feature=youtu.be

Thanks Tony

Do you think tankers transporting oil at night would be a problem in this location as it doesn't appear to be a densely populated area from the video footage?

I don't know if the roads to the motorway or refinery would be quieter in the evening or through the night if it did not cause a disturbance to local residents especially if thing go well with production & UKOG needed to increase the number of tanker movements it can make per day.

marco67

It is my understanding that market makers can hold up to a 10% short position in a company without having to declare it.

I am not sure what percentage of the company stock that they can hold without a TR1 being issued that would be interesting to know if anyone does?

It sounds like a licence to print money with the upcoming drills.

Good point Tony.

Looking at IBUG's 08.11 post it would be a great opportunity to start that process of planning now at an early stage while looking to take away the need for lorries to have to swing out into the other carriageway to access the site.

Do you think it would be possible to make a slip road access by the hedge into the site so that it so that it is not a 90 degree turn in?

From the UKOG presentation the BB sidetrack should be drilled in the 3rd quarter 2020 following the Dunsfold drill.

So it should not be long for the planning news now.

Lots of positive news flow to look forward to!

Maybe I should ask you when we should expect the RNS to say planning application submitted for BB return.

From your last post it says the site should be being restored by the end of December 2019 if nothing is going to happen there.

Penguins

If as you say that you are a genuinely concerned shareholder.

True or not seems debatable to the many, not the few from there comments.

Why have you not raised this issue with UKOG instead of bellyaching on here obviously from the RNS statement SS does not see this as an issue unless you are calling the company report & accounts RNS lies?

Penguins

Her is another RNS that you don't want to mention from the 15 March 2019.

UKOG report & accounts following the Dunsfold drill we will go back & sidetrack Bradford Bridge & do more Kimmeridge exploration.

OH Penguins

You seem to be losing your edge of keenly following the story or losing the plot with your false statements to mislead investors as I am sure that you commented on this at the time.

Maybe to many fish?

BB moved into the 3rd stage of production this year so retains the site.

Well done again SS.

Read it & weep penguins!

https://drillordrop.com/2019/07/03/onshore-licence-moves-to-production-without-drilling-a-successful-well/

What Penguins doesn't mention is that apart from the flow rates at BB not being commercial for the stated reasons everything else was successful.

SS has clearly stated that UKOG will go back after a drill elsewhere in PEDL234 which we now know should be Dunsfold.

All going to plan no worries, stop flapping!

I think that if you do the opposite of what MF say you will be on to a sure fire winner.

A couple of months ago they tipped sirus minerals for a funding & rubbished UKOG look what has happened there now!

Hi greedfear

I see that you have met piejoe on twitter he is quite a character & seems to be a friend of share profit.

As I remember he claimed to be on the original drill team that drilled & found no oil here in the 1980's.

He should qualify for the eggcup award unlike UKOG.

I am not sure if you missed the point of my post last night.

HH1 Portland has flowed continuously 220 BOPD without depletion on a choke from 38m of perforations is it possible that if the perforated section of the Portland sidetrack was 15 × 38m so 570m, could this single Portland well flow 15×220 so 3300BOPD on its own.

I understand this leaves no room for any further well development on this site but does reduce drilling cost of £3-5million per well.

greedfear

The 2-3 times flow figure which has been put out may be a bit conservative.

My thoughts are that that the perforated sections in the HH1 well are between
28-38m with the Portland being 38m & KL 3 & 4 being less.

The Portland sidetrack is planned to be 1000m.

I look forward to finding out how long the perforated section will be & the resulting flow results which are difficult to estimate without knowing the length of the perforated section as 38m perforations easily flows 220 BOPD sustainably.

On that basis why can't 500m perforations flow 2200 BOPD or more from the Portland?

I think the HH2 vertical drill will be used to appraise appraise the other Kimmeridge layers kL 0,1,2,5 as well as sidetracking the Portland.

More secrets from the Kimmeridge!

Tony

I don't think UKOG have give up on the Kimmeridge my understanding is they have until 2022 to evaluate it & come up with a field development plan for the OGA.

I think the figures were 130 billion barrels OIP across the Weald.

These figures were not plucked out of the air they were from Xodus & Slumberger who are world class oil companies so my advice is 'watch this space'

Good to see things progressing nicely at HH.

Was there anything interesting from your trip to the IOW?

Maybe Chris oil of ujo is buying a stake in UKOG having sold 3% of his stake in UJO before the drilling starts here!

No slow walking, no camel toe, no trouble.

Injunctions work well done SS.