Helium Ventures Share Discussion Threads

[corrientes] 11/3/2005 12:36

TKoN - Can you bring back doughboy. I used to crease myself laughing at that one, fantastic.

[scaleyman] 11/3/2005 12:31

sharecropper re-TKoN, worth his weight in laughs. Makes you wonder which stocks are positives for him, or even if he holds any?

[sharecropper] 11/3/2005 12:11

That should have read "deflating"!

[sharecropper] 11/3/2005 12:10

I always enjoy TKoN's defalting contributions, and have done for a few years now. Sadly they are usually spot on.

[sweet cherry pie] 11/3/2005 11:44

That 50K BUY had to pay the full asking price !

[tkon] 11/3/2005 10:17

What a moron. I wonder how long HEV will go without finding anything to extract, gold, oil?! They'd be hard pushed to drill and find rock, they've been that effective!!

And yet, here's Sweet Bankside M1Connection still ramping the hell out of them. SCP's credibility? About as much as HEV's Bulgarian gold!

[sweet cherry pie] 11/3/2005 09:55

Wonder how long this great BUYING OPPORTUNITY will last ?

[corrientes] 11/3/2005 09:52

Go on go on. I like it

[currypasty] 11/3/2005 09:42

getting close to that first drill now !

[sweet cherry pie] 09/3/2005 09:00

CURRYPASTY - when HEV really starts to get going {probably mid April} the shares will go back to the old highs of 14p in my view....

Now if they can actually break 14p....

[currypasty] 09/3/2005 08:58

Punters must surely see that a bit of good news can make hev motor, and with plenty of drilling planned there will be numerous chances of buying 5p, selling 6... if not more ...lol

[sweet cherry pie] 09/3/2005 08:30

50K BUY....and at a good price !

[sweet cherry pie] 08/3/2005 20:50

www.oilbarrel.com

[sweet cherry pie] 08/3/2005 20:45

08.03.2005
Northern Sets The Date For Sandhills-2
It's been a while coming but investors in Northern Petroleum can circle the date April 21st in their diaries. That date, or thereabouts, is the expected spud date of the Sandhills-2 appraisal well in licence PEDL 098 on the Isle of Wight off the south coast of England. There had been hopes the well would spud in the first half of 2004 but the British planning system had other ideas: planning permission was finally granted in September although as Derek Musgrove, Northern's MD commented at the time, the thoroughness of the process meant the authorities and the joint venture partners "covered all recognised environmental, ecological and other concerns". It has then taken sometime to prep the well site and finalise rig contracts, leading to the late April 2005 spud date.

Sandhills-2 will be drilled using British Drilling & Freezing Ltd's Rig 28, which will take about three weeks to hit the proposed depth of 3,700 feet. The well is a follow-up to BG's 1982 well, Sandhills-1, which encountered at least 50 feet of porous carbonates with associated oil in the Jurassic Great Oolite Formation.

That well wasn't tested, however, because at that time the Great Oolite was not considered to be a viable reservoir in the area.

Northern, with its keen focus on applying the latest techniques to neglected oil plays, has developed a new interpretation of the Oolite, which has been verified by consultants, and reckons it can unlock its complex geological secrets. It admits, however, that extracting the reserves may be an issue and flow test rates will be scrutinized to check whether the reserves will be commercially recoverable. The well may also be deepened to test the Sherwood Sandstone formation, which is the prolific producing reservoir at Wytch Farm on the mainland.

In addition to probing a large yet admittedly complex structure, the Sandhills-2 well is also of interest because it will also be Northern's first operated well. However, Northern isn't the only London-listed stock to offer investors exposure to the Sandhills well: junior partners Hereward Ventures and Black Rock Oil & Gas are also hoping for respective 7.5 per cent and 5 per cent stakes in a commercial onshore strike.

Following Sandhills-2, Rig 28 will start work on the Bouldnor Copse-1 exploration well in licence PEDL 089, also on the Isle of Wight. Northern reckons the Bouldnor Copse structure, which stretches across four Northern-operated licences, could hold between 200 million and 400 million barrels of oil in place. This well will probe both the Great Oolite and Sherwood Sandstone reservoirs.

Northern then has an option to drill a third well with the rig. Last month it submitted a planning application to drill the Hedge End-2 well in Hampshire, onshore southern England. The well will follow-up a 1988 oil discovery, which wasn't tested at the time because, it is thought, of the poor core recovery and the oil market conditions at the time. Northern believes the Hedge End structure could hold between 50 and 125 million barrels of oil in place.

Meanwhile in Spain, Northern and its joint venture partners have agreed a programme to perforate previously untapped formations in the producing oil wells on the Ayoluengo field. A cost cutting exercises is also underway at Ayoluengo. Northern operates the licence, with a 45 per cent interest. Northern believes the work could increase output from the field by between 25 and 100 per cent.

[shirishg] 08/3/2005 13:17

Post removed by ADVFN

[sweet cherry pie] 08/3/2005 13:15

considering that HEV will have a share in up to 7 wells that are to be drilled during 2005....starting April 21st with the 2 wells that NOP are drilling in the south of the U.K.

[corrientes] 08/3/2005 12:56

compared with ?

[sweet cherry pie] 08/3/2005 12:40

HEV are really looking rather under valued at 5p....

[demetri] 07/3/2005 14:26

They also gave the impression that it was to commence EARLY in the new year, no wonder the price is diving.

Best avoided.

[tkon] 07/3/2005 13:07

Now that's getting desperate; announcing the start of drilling, especially when it isn't for 6 weeks!

[skipster] 07/3/2005 12:24

Hope we don't get much more good news - otherwise the share price could totally collapse!

[petralva] 07/3/2005 09:54

annoying isnt it! scp