Uk Oil & Gas Share Discussion Threads

[thehitman1] 07/11/2017 14:09

We have some right comedians on here today.

ROFL

[warwick69] 07/11/2017 14:06

Log you are in a panic trying to justify your position GETTING DESPERATE FOR VALIDATION YOU NEED SELLERS BUT SO MANY BUYERS NO WONDER YOU ARE SO NERVOUS YOUR LOAS COULD BE HUGE WOW ID BE WORRIED WITH A SHORT AT LEAST A LONG HAS LNOWN LOSS YOU HAVE UNLIMITED LOSS

[r_bedding] 07/11/2017 14:03

Hahahahahhaahha

[loglorry1] 07/11/2017 14:03

MoneyMunch in time you'll be desperate for someone to give you 3p for your shares. As I've said before I started building a short closer to 4p. The share price went up to 8p or something as I recall so my average is much higher now. However don't worry about little old me. You think about your own situation.

Weeks of delays with no explanation. Massive market cap. No oil flow data despite months of waiting. Must be running on fumes cash wise.

A few weeks ago the bulls were running a sweeptstake on how big the flow rates would be. Most were around the 4000 bopd mark. All we have seen is a couple of jugs of oil in a promo video.

[warwick69] 07/11/2017 13:54

Sorry that should read the shorters are getting desperate watch it jump soon

[warwick69] 07/11/2017 13:43

Shortest desperate about to jump up

[r_bedding] 07/11/2017 13:37

TW does that stand for drunk liar?

[nicebut] 07/11/2017 13:37

log lorry,

The one thing we can be sure of...Any P+A RNS will not be only 4 paragraphs long- I`ll go for 25 of flam and fluff about what they`ve learnt... IMO

[loglorry1] 07/11/2017 13:27

Yes MoneyMunch we know you can copy and paste from other websites. Now can you answer my question or are you going to just post copy and paste text all over this timeline until your embarrassment is just magically scrolled away as usual?

[moneymunch] 07/11/2017 13:26

"Optimised sequential flow testing of multiple 30-100ft zones planned to commence by end October 2017."



16th October 2017

The Company will now press on immediately with the revised rig-less test plan to establish whether the extensive connected natural fracturing seen in BB-1 and BB-1z can flow oil in commercial rates and volumes.

Forward Operations

Upon delivery of further testing equipment, scheduled for the end of this week (16/10/17 ), the current completion assembly will be removed and, as previously announced, a more finely focussed and optimal test plan implemented. The planned programme is as follows:

-- Firstly, proceed ahead to isolate, acid-wash and sequentially flow test multiple 30-100 ft existing perforated zones in the naturally-fractured KL1-KL4, and then;

-- Perforate further naturally-fractured limestone reservoir zones in the KL1, KL2 and KL3, isolate, acid-wash and sequentially flow test multiple 30-100 ft zones, and finally;

-- Conduct a short cement squeeze in a section of the KL4/KL5, run a new cement bond log, re-perforate the newly cemented section, isolate, acid wash, and sequentially flow test multiple 30-50 ft zones.

-- Flow will be initiated throughout the programme via the use of nitrogen-lift (without coil tubing), swabbing and/or pumping via the existing high-capacity linear rod pump

[loglorry1] 07/11/2017 13:26

Yes MoneyMunch we know you can copy and paste from other websites. Now can you answer my question or are you going to just post copy and paste text all over this timeline until your embarrassment is just magically scrolled away as usual?

[moneymunch] 07/11/2017 13:21

Schlumberger Glossary - Snubbing


1. n. [Drilling]

The act of putting drillpipe into the wellbore when the blowout preventers (BOPs) are closed and pressure is contained in the well. Snubbing is necessary when a kick is taken, since well kill operations should always be conducted with the drillstring on bottom, and not somewhere up the wellbore. If only the annular BOP has been closed, the drillpipe may be slowly and carefully lowered into the wellbore, and the BOP itself will open slightly to permit the larger diameter tool joints to pass through. If the well has been closed with the use of ram BOPs, the tool joints will not pass by the closed ram element. Hence, while keeping the well closed with either another ram BOP or the annular BOP, the ram must be opened manually, then the pipe lowered until the tool joint is just below the ram, and then closing the ram again. This procedure is repeated whenever a tool joint must pass by a ram BOP. In snubbing operations, the pressure in the wellbore acting on the cross-sectional area of the tubular can exert sufficient force to overcome the weight of the drillstring, so the string must be pushed (or "snubbed") back into the wellbore. In ordinary stripping operations, the pipe falls into the wellbore under its own weight, and no additional downward force or pushing is required.

See: annular blowout preventer, blowout preventer, kick, kill, ram blowout preventer, stripping, tool joint

2. n. [Well Workover and Intervention]

The act of forcing a pipe or tubular into a well against wellbore pressure. Well-intervention techniques in live wells, such as coiled tubing and snubbing, use equipment designed to apply the necessary forces while supporting the tubing and safely containing wellbore pressure and fluids.

[warwick69] 07/11/2017 13:20

Oh and the derampers are silent yeah right !!!!

[judijudi] 07/11/2017 13:13

Don't forget Schlumberger wanting to buy us out

[gismo] 07/11/2017 13:13

different!

[loglorry1] 07/11/2017 13:13

MoneyMunch clearly he doesn't have a clue what's going on because he posted an explanation including a snubbing unit that isn't there. Further you were happy to mislead people knowingly as you copied it all over the web several times.

Simple question - do you accept now that this snubbing unit idea is highly unlikely to be true?

[gismo] 07/11/2017 13:12

and.... MM.. increasing oil price!!

[trapissed monk] 07/11/2017 13:12

Remove him for having a differant opinion? lmao.
X files is sooo over rated.

[moneymunch] 07/11/2017 13:06

Lol Head...you fool....the fool that boasted about his 3p short just before the share price headed for double figures Ha ha ha ha ha ha....how many more times have I got to repeat myself before it filters into your thick skull....that I reposted Push2Gush's assumptions to explain why the crane would be on site....unlike you , he clearly knows or at least appears to know what operations might be involved....you're hoping for failure, as you have been since sub 1p and are incessantly and repetitively negative, that's why you missed out on Ukog's stellar rise and massive profits that many longs made..BB's flow tests are expected to run until mid December and so plenty of time for positive newsflow to arrive....the next update will confirm exactly where we're at....Gla holders Significant upside on positive news....Transformational upside on confirmation of commercial flow...On and Up!!!:-)