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RBD has a market cap of 28M against UJO's 16M (as I write) so the effect of West Newton on RBD is not quite so great - they have a more diversified portfolio.
the % gains today are about in the correct proportion imho.
Following the placing in June 2015 at 2.25 pence there were just over 2 billion shares in issue. Now there are just over 6 billion.
Some posters here are writing garbage in the hope of deramping!
~
Don't be fooled by them!
Planning meeting. According to Drill and Droop yesterday the planning application has been deferred yet again, to at least 10th July. We'll be lucky to get our permission before Brexit at this rate. :-/
https://mycouncil.surreycc.gov.uk/ieListMeetings.aspx?CommitteeId=122
Based on JayKay1's figures of 72 millions barrels of oil.0 and 25% the well will be effectively depleted after 8 years having provided 1million barrels of oil.
Even with depletion at only 10% the single well will deliver less than 2.5 million barrels over 20 years.
The rest of JK's post is more speculative.
Going back to the Noise Mitigation Scheme submitted in the planning application for HH-1z and HH-2 I see:
"The British Drilling and Freezing Rig 28 has been contracted for the appraisal drilling programme. The sound power level LwA emitted in any given direction is between 99 and 113 dB according to the noise survey report provided by the contractor. The rig has directional characteristics so the actual value measured at a particular point will vary according to the orientation of the rig. At Horse Hill the rig will be oriented with its pipe racks directed due east."
Further:
"The P W Well Services Ltd Ideco H-35 workover rig has been contracted to provide workover services: these services do not include any drilling. The sole significant noise source on the rig is the Detroit Diesel 8V71 engine, which develops 307kW. An auxiliary power generator and an air compressor will also be required."
Rig BDF 51 is specifically mentioned in a different document.
But I also note that "Should a workover rig be required (which is not considered likely given that similar workover operations have been performed to date using a crane)". This is paragraph 39 of SCC Ref 2018-0152_planning_Non Technical Summary Horse Hill which may be referring to HH3-6 rather than HH-1z and HH-2.
Drilling rig:
The drilling rig for HH3-6 is named as "BDF Rig 28 Ideco BIR5625" in "SCC Ref 2018-0152_planning_ES App 3.2 Equipment List Sound Power Levels - Rev 2".
The workover rig for HH-1z and HH-2 is "Moor 475" in the same document.
So we are NOT waiting for BDF Rig 28.
Glad to put that suggestion to rest!