Europa Oil & Gas (holdin... Share Discussion Threads

[fardels bear] 09/8/2018 06:20

He probably got carried away.

[itsriskythat] 08/8/2018 21:43

Many thanks for your link re PVR ?

[tommy241] 08/8/2018 17:12

Www.upcomingdrills.com/2018/08/08/pvr-interview-providence-resources-ceo-tony-oreilly-talks-to-upcoming-drills/

[jusmasel99] 08/8/2018 16:55

Actually they said more than that - the planner said that the OGA basically confirmed that there was no link between Brockham and the Earthquakes (over 100,000 of these magnitude a year around the globe) only problem was that he only received that advice by email last night yet the fackers still wanted more information so asked for deferral. Lady councillor said she studied geology at university but still objected - maybe we should enquire if she passed an exam on it? And General Hall laid into Vonk - totally out of order but symptomatic of his misplaced arrogance.

Anyway back to the Porcupine and Mr O'reilly at providence has stated today that he expects Nexen to be drilling Iolar next year .. so one to look forward to

[itsriskythat] 08/8/2018 12:31

SCC mostly agreed that a deferral was not an option. The OGA said to be checking Angus activities against local seismic activity so there were no grounds to delay their approval.

[currypasty] 08/8/2018 12:13

Surrey County Council apoproves Angus Energy application for Brockham sidetrack by six votes to four. drillordrop.com/2018/08/08/liv… via @ruthhayhurst

[currypasty] 08/8/2018 11:38

edit.. well what a turn up

[dunderheed] 07/8/2018 09:56

CP ffs, you were just posting (derogatively) recently about the 'impatient holders' - one of which I am - and now you're posting this lol?
Didn't think I'd be sticking up for 'them' but give them four months then start complaining - or worrying lol!!

[currypasty] 07/8/2018 09:19

all that would be insignificant if we can just get a decent farm out

[jusmasel99] 07/8/2018 08:21

LHAG not as smart as they think they are .. missed several important points completely but I am not going to comment on them here. I would say though that Hugh and the planners have done a good job ... at last I here you say but the goal posts have kept moving and they have responded appropriately.

[tommy241] 06/8/2018 18:55

Latest from LHAG:

Dear Supporters,
Surrey County Council have received three more applications from Europa:
An application to extend the end date of the main drilling permission for another three years beyond the present expiry date of August 7th (this Tuesday), and also to loosen the specification of the Traffic Management Plan.
A new application for the added security fencing and facilities – this time with an expiry date of August 2021. (The permission they got in May this year was granted with the same expiry date as the main permission.)
A new application for the “underground corridor” to replace the existing one which expires on 25 September – again for another three years. (The “underground corridor” is what allows them to drill directly under the centre of Coldharbour village and the church.)
These will be decided by the County Council’s Planning Committee on November 21st, 2018 at the earliest.
The applications and associated Environmental Statement run to thousands of pages, so we can’t yet comment in detail, but two of the areas we will be looking at closely are:

Traffic Management Plan
Europa have had fourteen goes at a TMP since the application was first lodged ten years ago. They are now looking to remove the requirement in the 2015 permission for an “HGV Assembly Point” before the “HGV Holding Area” at Knoll Road, Dorking. This was meant to reduce waiting times for these enormous vehicles in that residential road. They told the 2015 Public Inquiry that it would be “in a layby on the A24 south of Dorking”. Fortunately the Inspector checked and found that it didn’t exist – which was the reason he made details of the assembly point a condition of the permission he granted. Europa have subsequently presented versions of the TMP claiming to have agreement to three further possible locations, increasingly distant from Dorking. In each case it turned out that there was no such agreement with the owners/managers of the sites in question. That’s the obligation they’re trying to get out of. If you live in Knoll Road, tell your neighbours.
If they do get out of it, they still have to get the rest of the Traffic Management Plan through. Unless version 15 is dramatically different from its predecessors, all the other objections that we and you have made to it will remain – not least that it will effectively close the whole road between Dorking and Coldharbour during working hours for a large part of the operating period.

Environmental Statement
We think that this insistence on continuing to treat the applications for the original site and the enlarged site (to include the security fencing and facilities) as separate applications risks never admitting to the true size of the site and the extent of the impacts. Why are they insisting that they are separate and “free-standing” applications? Because the 2015 permission has a condition that explicitly forbids any additional buildings or fencing beyond those then approved.
And then there’s the duration. Continuing to insist that the site will only be fenced off and out of use to the public for eighteen weeks is nonsensical, as identical security fencing has already been in place for over a year (as “permitted development”, without Environmental Impact Assessment) and will apparently remain there until the main development starts – in 2021?
The rational thing to do would be to let the present permission lapse and make a fresh, comprehensive application which is honest about the true size and duration of the whole development – and includes a workable Traffic Management Plan as an integral part of it, not an afterthought. We have made this argument to the County Council, with no success. At first sight it seems that the Environmental Statement does not address these issues.
We will study the applications and come back to you with more information which might help you in making your own representations to SCC. If you want to go through the documentation yourself, it is available on Surrey County Council’s website under the references: SCC Ref 2018/0092/DL, SCC Ref 2018/0093/DL and SCC Ref 2018/0094/DL .

[currypasty] 06/8/2018 16:11

at least someone bought some shares, and price ticked up

[dunderheed] 06/8/2018 14:28

CP you're not becoming impatient are you lol!!??
That ridiculous diagram has been used countless of times and I laughed at it the first time I saw it. I have seem similar internally at a few other oil companies but they had a clear delivery list and time line plus reasoning behind what drove the share price increases!!

[4sta] 06/8/2018 14:14

Been on holiday and just catching up. Jusmasel why refer the matter to the SoS ONLY AFTER the production permission is heard? Surely the SoS needs to be told what a pigs ear the Local Councillors are making when ruling on these matters whether it be because they "don"t understand " them or they are protecting their seats? (post 7584 on the 1/8/2018 ).

[currypasty] 06/8/2018 12:23

as mentioned on lse, page 39, 50% chance of £1.45 a share


However chart starts at 100% chance of 0p... come on Hugh use some common sense if your going to highlight silly price charts

[tommy241] 03/8/2018 18:14

www.directorstalkinterviews.com/predator-oil-gas-holdings-plc-qa-latest-operational-update-lonprd/412756106

[rayrac] 03/8/2018 16:04

Yes, it’s not right somehow, the share price isn’t getting any help from the Weald news.

[dunderheed] 03/8/2018 14:55

GWB yes Tuscany. My mates fabulous villa!!
I don't understand what is upbeat news lately? Wressle will get sorted with production permissions?
Ireland, here's hoping?! Last chance saloon if we don't hear anything in six months but (even) I am slightly hopeful 're Corrib/Slyne assets.

[jusmasel99] 03/8/2018 11:42

Encouraging news from Horse Hill with the Portland flowing .. with a good read across to Holmwood conventional targets ...

[christy41] 02/8/2018 15:03

D.Bramhill from UJO.....

[currypasty] 02/8/2018 14:43

11 min onwards for wressle comment

[guesswhosback] 02/8/2018 13:24

It worries me that Dunderheed has not responded to anything upbeat. He must be on his holidays.

[jusmasel99] 02/8/2018 12:40

Spangle - agree with all you say - I have no worries that all will be resolved and the only significant matter is timing.

Meanwhile - this little oil and gas exploration company with a present market cap of around £13m is currently trying to farm out significant prospects in the porcupine basin south west of Ireland. They have been doing this for some time now but the difference now is that the new entrants in the basin (mostly majors) have now obtained and processed their own 3D over their own licences. They have access to our processed data now and will be comparing theirs to ours.

With all wells drilled to date in the porcupine basin indicating a working hydrocarbon system that part of the exploratory risk is pretty much excluded now. A recent announcement from Equinor that they are preparing to make an FID in 2020 for a $6b investment into Bay du Nord on a 300m barrel discovery shows that the commercial aspect of discovery and production in a less hostile environment than Bay du Nord must be in the region of 200m barrels and ALL of our current prospects are in that range - some multiples of that taking the high mark.

Who could put a value on our Mcap with just one farm out in the basin? The more wells that get drilled the more likely it is that one will hit it big. And worth remembering that a farm in now will come with a drill commitment not as per Kosmos where only Seismic acquisition was required.

Confirmation of our prospects from those that have chosen to use our data room will surely be at board level now for a decision to be made. We could hear sooner rather than later and you can't sell on good news if you don't have anything to sell.

Hop on board ... the Number 12 bus is ready to depart (I think I said that before)