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[ignoble] 06/12/2017 09:29

Lol
Not too often it is warmer in your neck of the woods

[jonjonck] 06/12/2017 09:25

Good Morning gents,
I win..9 degrees here. Its Summer time!

[daniel levi bmd] 06/12/2017 09:23

FYI

Breaking News Echo Energy Placing £15-£20 Million?

Dan
x

[ignoble] 06/12/2017 09:22

Morning
All balmy 8 degrees here

[whites123] 06/12/2017 08:52

Prospex Oil and Gas
Positive log results at Podere Maiar-1 well, Italy
RNS Number : 4918Y
Prospex Oil and Gas PLC
06 December 2017

Prospex Oil and Gas Plc / Index: AIM / Epic: PXOG / Sector: Oil and Gas

6 December 2017

Prospex Oil and Gas Plc ('Prospex' or the 'Company')
Positive log results at Podere Maiar-1 well, onshore Italy



Prospex Oil and Gas Plc, the AIM quoted investment company, is pleased to announce it has been advised by the operator, Po Valley Energy ("PVE"), that positive log results indicate the presence of a gas bearing reservoir at the Podere Maiar-1d appraisal/redevelopment well ('Podere Maiar' or 'the Well') on the Podere Gallina Exploration Permit ("Podere Gallina" or the "Permit") in the Po Valley region of Italy. This follows the successful drilling of the Well in the Selva Gas Field to a measured depth of 1,330 metres, ahead of schedule and on budget.



Downhole log results received from Schlumberger confirm a gross gas pay of 53m. The top of the reservoir was encountered at 1,245m TVD (1,223m TVDSS) some 12m above the level of previous production wells, including the nearby Selva 6 well. The two main sand levels show high resistivity on the logs, indicating the presence of gas. PVE and the joint venture partners, including Prospex, have agreed to proceed to case, perforate and complete Podere Maiar. In addition, downhole production equipment will be installed. Well completion is targeted to be finished mid-December with flow testing on a rig-less basis planned for early January.



Prospex has a 17% working interest in Podere Maiar, which is located in a proven hydrocarbon province where over 5,000 wells have been drilled historically. Podere Maiar-1 was drilled into the Selva Gas-Field (previously operated by ENI), which historically produced 83Bcf between 1960 and 1984.



Prospex non-executive Chairman, Bill Smith, said, "The log results for the Podere Maiar are highly encouraging. With completion of the Well and the commencement of flow testing operations due to take place shortly, I look forward to providing further updates from the Podere Gallina Exploration Permit in the next few weeks, as we look to build on our recent drilling success at the Bainet-1 gas discovery in Romania."



Carlos Venturini, Fellow of the Geological Society of London, Exploration Manager has reviewed and approved the technical information contained within this press release in his capacity as a qualified person, as required under the AIM Rules.

[springhead] 06/12/2017 06:53

Morning all dark here!
I also remember Mandy Rice Davies being in on it as well?
Given a blustery day here, I'll dodge the GC today!

[ignoble] 05/12/2017 23:09

You had me fooled
Not too difficult admittedly

[ffp] 05/12/2017 22:44

Not a very good liar am I....

She was the willy warmer...

[ignoble] 05/12/2017 22:15

No willy warmers needed in those days !

[ffp] 05/12/2017 21:53

I think I would have been 12 or so....

[ffp] 05/12/2017 21:51

I seem to remember have intimate relations with her in my younger days...........

[ignoble] 05/12/2017 21:24

Just reading that Christine Keeler has died at the age of 75
Must be one of the most famous women of our generation

[ignoble] 05/12/2017 21:14

No comment !

[jonjonck] 05/12/2017 21:07

Wise words from a wiser man than me.

[jonjonck] 05/12/2017 20:21

Funny that, same with me.

[ignoble] 05/12/2017 19:56

Everything in my ruddy world is getting older !

[ffp] 05/12/2017 19:54

Your taste buds are getting older. I have always fancied a bit on the side,,,, as it were... Weeeeeeeeeeeeeeeeeeeeeeeeeee

[ignoble] 05/12/2017 19:44

Evening All
Mrs Ig has the sniffles so Chinese Takeaway
Strange , use the same restaurant 90% of the time , wasn't quite so good tonight for whatever reason.
Enjoyed it all the same

[jonjonck] 05/12/2017 19:40

It is the sneeky way he takes 10% twice, that is just squeezing our balls.

[ffp] 05/12/2017 19:27

Evening all, yes JJ I thought 20% was a bit stiff...

[daniel levi bmd] 05/12/2017 14:29

Great laugh

All true...

Walsall FightNight AB McKinley Promotions. "Shake My Hand Or I'll Strangle YOU!"

Danksy
x

[jonjonck] 05/12/2017 14:07

That is twice as much than it was before. 20% ..jeeee.

[gonzo123] 05/12/2017 12:41

Afternoon all, I would remind you that all warmers have a loading which goes to tony.Usually about 10%.

[jonjonck] 05/12/2017 11:40

More food for Barry Cuda! I thought we fed this chap to Barry last week when he was ramping LOGP. Must have a twin brother.

Now, why am I feeling cold this week as temp has risen to 8 degrees compared to last weeks sub zero temperatures. DussNay make sense to me.