Uk Oil & Gas Share Discussion Threads

[beebong1] 13/7/2016 11:40

Since 1979 Brockham lies 24th out of 44 in the most productive onshore wells so I'm not building my hopes up.
Angus Energy have not filed at Companies House for some time with their numerous Ltd Companies so forgive me for being cautious.

[moneymunch] 13/7/2016 10:47

Ps maybe significant??? but it's been noted on Lse that Ukog have a new and additional market maker Stifel Nicolaus Europe Limited, which now makes seven in total.....perhaps they're expecting lots of action and want a piece. Gla :-)

[moneymunch] 13/7/2016 10:25

Angus Energy are the operator with 60%, DOR 10%, Ukog 3.6% and the rest, I think was held by Terrain Energy and Brockham Capital......Angus will be responsible for drilling and no doubt will be viewed as an early appraisal for HH and the rest of Kimmeridge limestones. Gl :-)

[beebong1] 13/7/2016 10:21

Yet more bullsh1t IMO. Has the bloke got no shame. It is down to 16 bopd (February 2016) according to what Angus have been reporting to DECC.

www.gov.uk/government/uploads/system/uploads/attachment_data/file/434575/Appendix9.xls

itportal.decc.gov.uk/pprs/report4.xlsx

6540 tonnes from 2010-2014 = 46434 barrels / 5 years = 25 bopd for last 5 years

1975-2009 produced 24,856 m3 = 14 bopd

itportal.decc.gov.uk/pprs/full_production.xlsx

Total field production from 1998 to 2016 36,898 m3 = 40 bopd.

Not even close to the 50-100 bopd reported above and no mention of the other 5 wells drilled at Brockham of which two were producers for a very short period.


"That other global major Esso actually drilled not one but two wells at Horse Hill in the 1960’s and didn’t realise the potential of the Kimmeridge limestones either. They never even tested the limestones!"

The other well (Leigh-1) is closer to Brockham than HH-1.

DYOR but no applications for EA permits for Brockham have been made so I would not expect anything to happen too soon.

[reynoldsg] 13/7/2016 09:49

Sorry if this has been posted on here before.Who has the share of Brockham and will Angus be doing the drilling?

[moneymunch] 13/7/2016 08:17

The calm before the storm, let's see who Theresa appoints as the new Secretary of State for Energy......fingers crossed it's Andrea Leadsom, and let's wait and see what their plans are for UK energy security, which no doubt will include the potential of the Southern shale oil Weald Basin as well as the Northern shale gas propspects and perhaps an indication to go all out and fast track their development......the timing of the Nutech/Xodus report could be highly significant to proceedings, with news on further acquisition etc a possibility, and any news on the drilling plans of the Kimmeridge limestones at Brockham ( expected anytime now ) will be well received. . Gla holders....significant near term upside very likely. ;-)

[beebong1] 13/7/2016 08:03

Looks like someone has died on here with the lack of activity. 4 days at Silverstone turned into 5 and just managed to stagger home yesterday.
IMO UKOG would have got any extra % out of MPET by now so can't see it happening. School holidays soon so bb's and trading will be quiet IMO.
I see POO dropped to $46 briefly but better off looking at the futures IMO.

www.barchart.com/commodityfutures/Crude_Oil_Brent/CB?search=CB*

[moneymunch] 12/7/2016 21:43

Mpet are fightinging for their survival, to remain listed on Nasdq etc etc click on the links below and DYOR, they have monitised their Aus assests and PEDL234 to Ukog but still retain 35% of HH....... they still need more cash, and so their next SEC filing following their special shareholders meeting tomorrow might give us a clue...will they keep their full 35% or will Ukog grab another 10% or is a new player a possibility........someone like Esso who has the UK refinery, the UK pipelines could be interested or another Major player, especially now that UK needs as much national significance that it can get...and the multi-billion barrel potential of the Weald and the expected Nutech/Xodus report could be exactly the tonic that Therasa is going to herald for the new and exciting future for UK Plc......Gla holders ....Big news coming!!! ;-)

[lithological heterogeneities] 12/7/2016 11:48

Theresa May too large to fit in studio so she has to stand outside and be interviewed through the window:

[lithological heterogeneities] 12/7/2016 11:18

Nice to see that theresa may weald her new powers in our favour.

[moneymunch] 12/7/2016 10:46

Theresa's speech from yesterday....all bodes well for moving the potential billion barrel development of the Weald forward. Gla ;-)

She said locals should reap the benefits of infrastructure projects such as new housing, roads and oil or gas exploration.

[moneymunch] 11/7/2016 22:26

Citibank: We’re Nearing A Bull Market For Oil

Jul 11, 2016

Oil prices will likely rise in the coming months, with a more sustained rally set for next year. “Prices are expected to resume their ascension in 2017 as the market rebalances further and this should be bolstered by deepening cuts in non-OPEC oil production,” Citibank said. “The pendulum is clearly swinging from the bears to the bulls.”

[moneymunch] 11/7/2016 18:58

ps the rail line that runs through the Brockham field could come in handy if the expectations of the Kimmeridge limestones are confirmed. GL ;-)

[moneymunch] 11/7/2016 18:55

Environmental non-technical statement on Holmwood dated Nov 2014, but includes a good map for precise location of the Holmwood prospect planned to be drilled in 2017, and the close proximity of the Brockham field where drilling into the Kimmeridge limestones is planned this year. Both will be viewed as appraisal wells for HH and the Weald Basin. Good news on drilling results from Brockham's near term potential could add significant value here. Gl ;-)

[lithological heterogeneities] 11/7/2016 09:42

STOP PRESS

It has emerged that UKOG are in advanced discussions with Gatwick Airport

[moneymunch] 11/7/2016 08:14

Lol a win with Ukog will make up for it...Gl....Big news coming ;-)

[gismo] 11/7/2016 07:08

Morning moneymunch! Surely a disqualification?? lol

[grannyboy] 09/7/2016 10:52

Ok thanks litho..Mines playing up for some reason?..

[lithological heterogeneities] 09/7/2016 10:04

grannyboy

yep. no problem for me.

[grannyboy] 09/7/2016 09:43

lithological, are you still able to get on the UKIP thread...

For the last couple of days i seem to be having problems with advfn's Thread title list, i was wondering if anyone else was having problems?.

[lithological heterogeneities] 09/7/2016 09:25

I hope she enjoyed her victory.

:0)