Angus Energy Share Discussion Threads

[solo4yous] 04/1/2022 08:45

2.022p first please towards first gas

[solo4yous] 04/1/2022 08:43

JasonFair pointWe can expect something or nothing

[jason_scrap] 04/1/2022 08:37

Watch for pre placing pump to aid the forward sellers between now and the GM on the 13th... caveat emptor

[3put] 04/1/2022 08:19

RE: European gas prices jump 20%
... Storage sites are only 56% full, more than 15 percentage points below the 10-year average. “In none of the past years since records began have we had comparably low storage levels at this time,” says Sebastian Bleschke, head of INES, the association of German gas and hydrogen storage system operators. Barring an increase in Russian exports, something that doesn’t appear to be in the cards, levels will be at less than 15% by the end of March, the lowest on record, according to researcher Wood Mackenzie Ltd. And that’s assuming normal weather conditions...

Traders are already preparing for the worst, with prices for gas delivered from spring through 2023 surging about 40% over the past month. Some say the crunch could last until 2025, when the next wave of LNG projects in the U.S. starts supplying the world market.

“It’s hard to see how a decent level of gas storage can be achieved without additional Russian exports via Nord Stream 2 or existing routes,” says Massimo Di-Odoardo, vice president for gas and LNG research at Wood Mackenzie. “2022 will be another volatile year for European gas prices.”

[bionicdog] 03/1/2022 22:26

It doesn't. Let us continue this on the UKOG thread.

[iceagefarmer] 03/1/2022 21:52

100bopd is $7900 so x 30 = $237,000 a month or around $2,700,000 per year..should cover costs easily

[jtidsbadly] 03/1/2022 20:31

bionicdog: sorry about that! You can understand my confusion.

[bionicdog] 03/1/2022 20:09

Jtids
Sorry for the off topic , we were talking about Loxley.
JC
Full production seems to be 100bopd. They are losing money operating it , let alone the 12 million or whatever it was that they wasted drilling.

[iceagefarmer] 03/1/2022 19:28

full commercial production....take note..not my words..ukog's words

[iceagefarmer] 03/1/2022 19:27

4 tomoro? normal day

[iceagefarmer] 03/1/2022 19:27

2 tankers at horsehill today,bank holiday

[solo4yous] 03/1/2022 19:13

SorrySay againHahahaha

[jtidsbadly] 03/1/2022 19:11

bionicdog: I don’t think LCC Planning department gives two hoots about Poundland now. They gave planning permission months ago and that seems to be all they’re interested in. Enforcing the terms of the permission doesn’t seem to be on their agenda. If there’s some penalty I doubt it will be pursued before mid-year, by which time Anguish will either be able to pay it or will be bust. I agree with the shills’ view that permission will be rubber-stamped soon and will probably apply in arrears.

If I were the local council at Saltfleetby, I’d be concerned about the flare, the noise and the increased volume of traffic. Those roads are narrow and already in poor repair in many places. I don’t know what they can do about it though.

[solo4yous] 03/1/2022 19:00

I shall never be silencedYou've all tried on all platformsLocal fools you all are

[bionicdog] 03/1/2022 18:56

Have you "been told"?

[solo4yous] 03/1/2022 18:54

Mwah ha ha ha haThey all claim to filter me but no wayThe wait for my sermonThe local and eco idiots can move home for goodness sake

[iceagefarmer] 03/1/2022 18:50

planning permission this month by all accounts

[bionicdog] 03/1/2022 18:37

I need to do more research? They don't have planning and they don't have the money to do it. Personally I hope that they get planning as it will reveal their financial situation.

[jtidsbadly] 03/1/2022 18:15

I see that one of these shills is asking who’s going to tell the authorities? What makes the idiot think that no one has done so already?

[iceagefarmer] 03/1/2022 18:13

BIOnicdog...you need to do more research laddie

UK explorer UKOG wins more time for UK onshore gas appraisal


Author Stuart Elliott
Editor Andy Critchlow
Commodity Electric Power, Natural Gas
HIGHLIGHTS
Regulator extends permit for two years on court appeal

Up to 54 Bcf of gas estimated to lie in UKOG license

Loxley could be UK's second-biggest onshore gas field

UK-based explorer UK Oil and Gas (UKOG) said June 21 it had been awarded a two-year extension for its onshore Loxley gas appraisal project by UK regulator, the Oil and Gas Authority.

Not registered?
Receive daily email alerts, subscriber notes & personalize your experience.

Register Now UKOG in September said Loxley in southern England could potentially be the UK's second-largest onshore gas field as it announced plans to drill the Loxley-1 appraisal well in the second half of 2021.
However, Surrey County Council in December refused planning consent for the gas appraisal project.

UKOG has appealed against the decision and as a result has now been given an extra two years until the end of 2023 to drill the appraisal well.

"The drilling extension was granted in response to delays beyond the company's control caused by both the pandemic and by the company's appeal against Surrey County Council's decision to refuse planning consent," UKOG said in a statement.

It said it would present a "robust" case in its bid to overturn the decision at the forthcoming public inquiry, which is due to commence on July 27.

UKOG said in December there were "strong grounds" to expect a positive appeal outcome given that the council's refusal was in conflict with its own planning officer's reports and two separate recommendations for approval.

Recoverable resources
In September, UKOG said a new report from consultancy Xodus Group estimated recoverable gas resources at the discovery lying within its 100%-owned PEDL234 license of up to 54 Bcf.

Including parts of the Loxley accumulation located outside of the license area, recoverable gas resources are estimated at up to 70 Bcf in a high-case scenario.

"If proven by future production, the calculated gross mean recoverable resources would place Loxley second after the Saltfleetby gas field, the UK onshore's largest gas field to date, which produced approximately 73 Bcf," UKOG said at the time.

Saltfleetby, now operated by UK-based Angus Energy, is located in eastern England and is due to resume production at the end of 2021 to monetize its remaining reserves.

UKOG has said its production from Loxley could be converted into hydrogen in line with the UK government's plans for net-zero emissions by 2050.

"The company envisages Loxley could play its part in helping achieve net-zero via the supply of gas feedstock for reformation into clean burning hydrogen," it said.

"Loxley's and other UK domestic gas also provide a much lower carbon-footprint hydrogen feedstock option than imports, having approximately a quarter of the carbon emissions of imported LNG," it said.

[gaffer73] 03/1/2022 17:54

The worst thing they could do is ask them to take up a bit of the hardcore. They could argue its a base for access to carryout maintenance. Hardly worth a prohibition notice now is it.

[sincero1] 03/1/2022 17:39

ja51contractvoidoiler "when they get a prohibition notice served!! " now stating as fact that angus will be served with a prohibition notice....
another classic comment to add to this cretins roll call of shame...

you will notice jtisadly isn't supporting this nonsense....happy to let his fellow disingenuous old duffer throw himself under the bus..as usual...

[solo4yous] 03/1/2022 17:27

Mwah ha hahahahaha Activists