Uk Oil & Gas Share Discussion Threads

[moneymunch] 09/12/2016 12:06

Rig on site?????............Wouldn't want to be out of Alba over the weekend.........sidetrack imminent??? Small band of Crusties pitched on side of lane a few hundred yards down from Felton Farm, eviction notices already served as they're on private land. Gla ;-)

[hazelst] 09/12/2016 12:00

I can't thank the inventor of the filter button enough. All clowns can be filtered in one click......genius.

[datait] 09/12/2016 11:14

some are desperate to sell incase it falls back but mm's will be happy to take the shares, how stupid to sell at this price but if your in profit thats what counts.

[datait] 09/12/2016 11:06

Just watch all the buys coming in this afternoon ahead of Monday open.

[moneymunch] 09/12/2016 09:28

Looking very good!!! On and Up! !! :-)

[hazelst] 09/12/2016 09:11

Looking good.

[datait] 09/12/2016 08:45

3p short term and I mean short 1-2 days

[datait] 09/12/2016 08:43

UKOG has been over sold temm far too cheap.

[datait] 09/12/2016 08:42

Now watch the 500,000 coming back in there is a big buyer.

[datait] 09/12/2016 08:41

The oil price will soon be well over $60 so expect to see good things for ukog

[temmujin] 09/12/2016 08:40

why arent the other horsehill players like alba and stellar not going up too?

[datait] 09/12/2016 08:38

Shorts will be closing out soon, this will fly high, I cant see this being under 10p once we get news if not sooner.

[wisteria2] 09/12/2016 08:28

Gosh! moving up quickly!! shorts on fire!! GLA HOLDERS

[tmmalik] 09/12/2016 08:20

Planning permission may b around 16 Dec

[datait] 09/12/2016 08:19

Watch the buyers at 500,000 and 1m been stocking up over days now.

[datait] 09/12/2016 08:11

This will be in the 20's within 3 months dont worry about that.

[football] 08/12/2016 16:53

hazelst by now most here were thinking 20p would be on the horizon.


But then again any thing that's comes out the hole in the ground takes 10 times longer than you planned for and probably cost 10 times more as well


gla

[hazelst] 08/12/2016 16:44

2p on the horizon.

[beebong1] 08/12/2016 08:11

Small step towards oil exploration near Surrey beauty spot – but no prospect of drilling soon

Plans by Europa Oil & Gas to explore for oil in woodland near the Surrey beauty spot of Leith Hill inched forward today but it will still be some time before drilling could start.

Surrey County Council confirmed that it still has to approve proposals from the company to comply with conditions on the original planning permission for an exploratory well at Bury Hill Wood, near Dorking.

There is no date yet to decide on an extra planning application that extends the site by 25% to allow for temporary buildings and more security fencing.

Europa has still not applied for an environmental permit. And a recommendation from the council today on site lighting could delay drilling further.

More conditions
This morning Surrey County Council’s planning committee voted by six to 1, with two abstentions, to approve a lighting management plan for the site.

This is one of more than 20 conditions attached to planning permission granted by a planning inspector at a public inquiry last year.

The site is the Surrey Hills Area of Outstanding Natural Beauty and the metropolitan greenbelt. Last weekend, hundreds of people protested about the plans. Details

In August, Europa’s chief executive, Hugh MacKay, said he hoped the conditions would be dealt with by the end of this year.

But the planning committee heard today that arrangements for complying with five more conditions still had to be approved. They include a plan for dealing with the controversial issue of the routing large lorries to the site along steep, narrow lanes.

Committee chairman, Tim Hall said:

“There are still five conditions outstanding, one of which is a highway condition, which we do not at this moment have in any sensible format.

“I would expect that this [application] will return to see us at least once if not twice in the New Year.”

Second application and environmental permit
The Local Government Secretary has supported Surrey County Council’s view that the additional application to extend the site and add extra fencing and buildings does not require an environmental impact assessment (EIA). But Leith Hill Action Group has argued that an EIA is needed to comply with regulations.

Even if the EIA issue is not challenged, the earliest date that this application could be decided is 11 January or 22 February 2017.

Europa confirmed to DrillOrDrop today that it had not yet applied to the Environment Agency for a mining waste permit, which would be needed before drilling could start.

Asked when it proposed to submit its application, a spokesperson said “Soon”.

The Environment Agency estimates it takes at least 13 weeks to deal with a permit application.

Protecting bats
Another delay could result from today’s approval of lighting at the site.

Councillors heard that Surrey Wildlife Trust and Leith Hill Action Group were concerned that the lighting plan proposed by Europa could affect foraging bats.

The committee agreed to add an informative – a reminder to an applicant to voluntarily follow best practice – recommending drilling during bat hibernation periods, usually between November and February.

It also added an informative asking the company to avoid using LED bulbs in site lighting to reduce the impact on bats.

The lighting proposed is brighter than guidance from the Institute of Lighting Professionals recommends for “intrinsically dark areas”, such as Areas of Outstanding Natural Beauty. But council officers recommended approval of the proposal because, they said, the lighting would be used for only six weeks, during drilling.

Enforcing conditions
Asked about enforcing the conditions, the Planning and development control team manager, Alan Stones, told the committee:

“The site will be monitored by our enforcement officers. It is a particular scheme of short duration. That will be watched closely. Any wilful breach leaves the operator liable to enforcement action.”

Committee chair, Tim Hall added:

“I am reasonably optimistic that the applicant – because of the sheer visibility – will be very careful about what they do and how.

“We’ve got the chairman of Mole Valley District Council who lives at Coldharbour.

“This rig is visible to a significant proportion of the village so it’s not going to be hidden away.”

[beebong1] 08/12/2016 08:08

Nice little xmas present for Sanderson! Nice £1/4m profit if he takes it now.

[datait] 08/12/2016 07:47

20m is nothing I remember LGO rocketed soon after, Just look at the volume we are getting now and this will increase as we go into the NEW YEAR by a huge amount of trades each day with mostly buys coming in.

[harrissen] 08/12/2016 07:08

Has this guy taken a 400% profit?

[1bonanza] 08/12/2016 07:06

Not today!!!