Uk Oil & Gas Share Discussion Threads

[beebong1] 04/11/2016 14:54

drillordrop.com/2016/11/03/environment-agency-calls-for-refusal-of-markwells-wood-oil-production-plans-over-risks-to-water/

On the down side

Environment Agency calls for refusal of Markwells Wood oil production plans over risks to water

but still worth a read IMO

[beebong1] 04/11/2016 14:52

drillordrop.com/2016/11/03/horse-hill-new-oil-drilling-and-testing-plans-published/

Nice to see someone else has done all the work lol

Horse Hill new oil drilling and testing plans published

Well worth a read IMO.

[beebong1] 04/11/2016 14:28

The oil is there. The question is as you say "can they get it out?". The fact that they did not go into production after drilling and then again after well testing earlier this year is a clue to me that they either don't know or are concerned from what they found and can they make a profit.
The whole idea of an extended well test is to see how well it will flow for a prolonged period without producing water as well and what the decline rate will be.
Production from Brockham, Palmers Wood and other Weald Basin oilfields have hardly set the world on fire so far. They found oil at Collendean and the well TD's are very close but Collendean was not profitable at that time according to Esso.
You pay your money and take your chances with any oil company, especially one opening up a new field . Even drilling in a producing field does not guarantee anything. Just look at LGO and TRP SP's in 2015.

Much has been said about no water in the oil but this was reported in a RNS

"Flow commenced at around 10.00am GMT yesterday at an initial instantaneous rate in excess of 700 barrels per day using a 1-inch choke, in an approximate mix of 50:50 oil to water. The well was then choked back to 32/64 inches resulting in a steady early oil rate in excess of 463 barrels of oil per day over a further 7.3-hour period, in an approximate mix of over 99% oil and less than 1% water."

So until they actually do an extended well test I remain sceptical. My money, my risk.

edit
PS Other producing and non-producing oil and gas companies are available to invest in.

[beebong1] 04/11/2016 13:07

Is Angus admission to AIM an IPO?
Answers on a stamp will do!

David Lenigas
‏@DavidLenigas
@Jamzyee DOR has 10% of Brockham and 10% of Horse Hill and 20% of Lidsey (maybe going to 30%). DOR is my bet on Weald oil.

Yet another BOD ramping. DOR do not have 10% of Horse Hill. They have 10% of HHDL.

No wonder rampers get such a bad reputation ;o)

[moneymunch] 04/11/2016 07:45

David Lenigas ‏@DavidLenigas
Every day is one day closer to seeing what the real Weald Basin #oil potential is for the #UK. #Brockham @DoriemusPlc #AngusEnergy Exciting!

[moneymunch] 04/11/2016 06:37

Yep, a fully funded Angus on their IPO listing on AIM 14th Novemeber will be great for the other fully funded players involved at Brockham. Gla holders ;-)

[beebong1] 03/11/2016 19:50

Angus Energy

27 Oct 2016 Sub-division of shares on 13 October 2016

beta.companieshouse.gov.uk/company/09616076/filing-history

Anyone still think it's still a good buy?

[mikeygit] 03/11/2016 18:34

Yep---Glowing in the dark off Namibia!! And they are still allowed to run a business---if you can call it that!!!!!

[beebong1] 03/11/2016 18:13

mikeygit

Is that the TRP that sank it's share price in the South Atlantic?
I had a look at them and didn't bother as all the ramping and real evidence pointed towards a duster IMO.
I thought the oil floating on the sea was the best one and I'll bet loads fell for it.
I spent 5 years offshore in the Gulf supplying and moving rigs so have some knowledge of what was really happens.

[lithological heterogeneities] 03/11/2016 17:08

that happened to Desire Petroleum (DES)

[datait] 03/11/2016 16:37

Dont be silly im sitting watching and waiting for this to rocket and it will in the near future, will start to top up again soon if this falls much further.

[beebong1] 03/11/2016 15:46

I see the EA have opposed the Markwell's application. More delays I reckon. If they can sort out the water concerns it will be plain sailing IMO. No pun intended.

[fission453] 03/11/2016 10:24

Is DATIT bankrupt?

[gismo] 03/11/2016 07:42

Morning, quite looking forward to seeing swampy and co again, never laughed to much, I just hope they keep out of our way otherwise it's back to court for them.

[beebong1] 02/11/2016 17:33

I hear on lse the sheriff and his posse (the UKOGERS) are getting organised to batter any detractors to death by verbals. I have my inside sources keeping me up to date.

[beebong1] 02/11/2016 16:51

HH planning is online

The retention of the existing exploratory well site and vehicular access onto Horse Hill; the appraisal and further flow testing of the existing borehole (Horse Hill-1) for hydrocarbons, including the drilling of a (deviated) sidetrack well and flow testing for hydrocarbons; installation of a second well cellar and drilling a second (deviated) borehole (Horse Hill-2) and flow testing for hydrocarbons; erection of security fencing on an extended site area; erection of acoustic/light barrier; modifications to the internal access track; installation of plant, cabins and equipment, all on some 2.08ha, for a temporary period of three years, with restoration to agriculture and woodland.

planning.surreycc.gov.uk/planappdisp.aspx?AppNo=SCC%20Ref%202016/0189

[moneymunch] 02/11/2016 16:05

Lol the only thing that was hurting was my head this morning after too much vino watching City beat Barcelona.....it's pretty evident that approval for Brockham's sidetrack will be straight forward judging by past history at Brockham which has an exemplary safety record with not one listed complaint. Gla holders..:-)

[beebong1] 02/11/2016 14:50

Pram must be empty of toys again. I see moneymunch was in rant mode again last night. Always a good sign that he is wrong and the truth really must hurt IMO.

Basic onshore well data - (updated 13/06/2016) (MS Excel Spreadsheet, 252KB)

www.gov.uk/government/uploads/system/uploads/attachment_data/file/528772/Landwells1June2016.xlsx

The landwells register, note the word "well" being used on a number of occasions, has Brockham having drilled 6 "wells" so by my calculation that is the lot under the '95 agreement.
Even the definition of sidetrack calls it a well or wellbore.

moneymunch gets it wrong again IMO.

PS

Why did they apply for planning permission in 2007 to drill a new well and sidetrack if planning permission was supposedly granted?

PPS That is another 2 wells IMO.

Planning Application Ref: MO/2007/0161
Registration Date: 30-Jan-2007
Decision Date: 25-Jun-2007
Publicity Start Date *: 09-Feb-2007
Publicity End Date *: 02-Mar-2007 * Not applicable for certain types of application, including Tree Applications.
Application Type: Surrey County Council-Deemed
Parish: Brockham
Ward: Brockham, Betchworth & Buckland
Main Location: Feltons Farm, Old School Lane, Brockham, Betchworth, Surrey, RH3 7AU . View Map
Full Description: Installation and operation of a drilling rig on an existing wellsite. ( For Consultation purposes only).
Status Description: Decision made 25-Jun-2007 SURREY COUNTY COUNCIL APPROVAL
Decision: SURREY COUNTY COUNCIL APPROVAL
Comment: This application has already been decided. You cannot comment on it

[lithological heterogeneities] 02/11/2016 10:35

Angus Energy listing 14 Nov 16:http://www.londonstockexchange.com/exchange/prices-and-markets/stocks/new-and-recent-issues/new-recent-issue-details.html?issueId=9215

[moneymunch] 02/11/2016 07:54

Permission at Brockham was given for "further appraisal and drilling of up to 5 additional wells"

so far they have drilled 2 wells, and so the planned sidetrack through an existing well bore should be a formality given their entitlement for another three wells if they wish. Gla holders......looking forward to Angus Energy's IPO listing on AIM on 14th November, and news from Greenland on data analysis from the graphite and gold aerial EM survey must be close with Alba taking full control this Friday. Exciting times. ;-)

Surrey County Council

Planning Permission (Ref: MO86/1112) was originally granted for an exploratory oil
well site and access road in May 1987. Later on that same year, an exploratory
borehole, Brockham 1, was drilled which identified hydrocarbon deposits.

Approximately 70-80 barrels of oil were produced per day from May to September 1988. The equipment was then removed from the site pending an evaluation of the
test. Following a series of temporary permissions to retain the site, planning permission ( Ref: MO92/0969) was granted in January 1995 for the retention of the
existing well site for further appraisal and drilling of up to 5 additional wells, installation of production and road tanker facilities.

This planning permission was subject to a legal agreement dated 9 January 1995, ensuring improvements were made to the local highway, in respect of lay-bys and passing places.

[moneymunch] 01/11/2016 22:38

Lol good, they better have their thermals at the ready......beewrong, the snide lowlife scumbag share basher spends his valuable time trying to undermine and deter investors from the undoubted transformational prospects and potential of the world class Weald high quality oil discovery, that is likely to be vital to the UK's future energy security and future prosperity........beewrong aka 12bn12n, aligned to the odious TW and other cohorts including the slug Lydnem aka Elcapital ( renowned for 12,000 negative and derogatory posts in one year on shares he wasn't invested ) and the majority of the scumbag cohorts are not UK residents, but claim they have your interests at heart......IT'S ABOUT TIME ADVFN CAME CLEAN, AND MADE PUBLIC WHO THESE SCUMBAGS ARE AND STOP THEIR ORCHESTRATED ATTACK ON UK STOCKS AND GENUINE PRIVATE INVESTORS AND SHAREHOLDERS........gla holders....get ready for a big bounce in Ukog , but Alba first imho. Gl ;-)

[beebong1] 01/11/2016 21:38

Holmwood protest on South Today. Expires 2pm tomorrow.

www.bbc.co.uk/iplayer/episode/b080h001/south-today-evening-news-01112016

Looks like another set of swampies.


Same subject covered by drill or drop;

MEP backs “protection221; camp at Europa’s oil site near Leith Hill

drillordrop.com/2016/11/01/mep-backs-protection-camp-at-europas-oil-site-near-leith-hill/