Uk Oil & Gas Share Discussion Threads

[rayrac] 21/6/2017 09:38

Ooh! That's better. Now for some oil?

[moneymunch] 21/6/2017 09:31

Gushing!!! Gla :-)

[rayrac] 21/6/2017 09:10

But it doesn't say when it's coming back?

[edgein] 21/6/2017 08:39

Vitec,

I have lvl 2 from a different supplier based in the US, they're not getting live UK feed either, so its not a ADVFN only problem that's for sure.

Regards,
Ed.

[vitec] 21/6/2017 08:34

Pembury said that and I asked for a confirmation of where he/she heard that. I called ADVFN and they said they were doing everything they could to restore the feed. I told them that I thought it was a problem at LSE and that a rumour was circulating saying that it would not be fixed until mid July. They asked me to confirm where I had heard this and then confirmed that this was wrong and that they were confident the problem would be fixed before the market opened today. It is clear this is not the case.

[rayrac] 21/6/2017 08:21

I heard somewhere, that it would take at least until mid July before being 'sorted'.

[vitec] 21/6/2017 08:02

Obviously didn't get the feed issue resolved. The person I spoke to said that they were doing their best to resolve it and were hopeful that it would be finished before the market opened today.

[edgein] 21/6/2017 08:00

MM,

Not strictly true, it can work the other way too. Methane under high temp and pressure can form longer chain hc's, therefore can create wet gas from a terrestrial source (but not oil). However in the case of the weald we know the source is marine as its Kimmeridge and also has associated limestone (also marine). So it could have an oily source in this case. Fingers crossed it does. As mentioned in the presentation these wells do have both oil and wet gas like Brockham-4x.

Regards,
Ed.

[rayrac] 21/6/2017 07:54

We know they must be drilling into the Kimmeridge now, so fingers xd it's a company maker!

Btw, try a look at HNR,

[rayrac] 21/6/2017 06:51

About early mm! Excitement gets to us all?👉ㇿ9;🔜

[moneymunch] 21/6/2017 06:09

From yesterdays Rns glossary...Gla holders ;-)

"natural gas, predominantly consisting of methane(C1), ethane(C2) and propane (C3) but also containing the longer molecular chain natural gases butane & iso butane (C4), pentane & iso-pentane (C5). The C4 and C5 gases are created during oil-generation within a petroleum source rock unit when oil is thermally cracked. At Horse Hill these natural gases lie in solution with the oil in the KL3 and KL4 Kimmeridge Limestone reservoirs (i.e. solution or associated gas and not as a separate free-gas phase)."

[moneymunch] 20/6/2017 22:05

Giant gas well closure fuels UK energy security fears

Centrica's Rough gas field provided 70pc of Britain's storage capacity

 Iain Withers 

20 JUNE 2017 • 5:39PM

The UK’s largest storage site for natural gas is to permanently close due to safety fears, raising concerns about the country’s growing reliance on gas imports and vulnerability to volatile prices.

Centrica, the owner of British Gas, said it had had to close its Rough storage site in the North Sea after a safety review found failures in its ageing wells.

The move will rob the UK of around 70pc of its natural gas storage capacity, likely leading to a need for more imports from countries such as Norway and Qatar.

The 32 year-old site off the coast of Yorkshire had capacity to meet a tenth of the UK’s peak winter gas needs.

Gas was injected into Rough’s permeable undersea rock at times of surplus and then drawn out when demand was high.

[moneymunch] 20/6/2017 17:36

Lol Ray, must be the heat. Gl :-)

Ps it would be good if a load of buys pop up tomorrow that have gone astray and haven't been factored in over the last two days...just a thought.;-)

[rayrac] 20/6/2017 17:01

Wouldn't want to be out of these! Two days, that's all it will take for a really positive rns.

Heck! It's catching, mm! I'm getting good at this?👉ӿ99;😂⏰👌✌997;👏ㇿ7;👍🏽

[vitec] 20/6/2017 16:06

Been told the problem with the off book LSE trades feed should hopefully be resolved before the market opens tomorrow. Let's hope it is!

[rayrac] 20/6/2017 14:17

Price of oil isn't helping. But if it's on your doorstep, then the price of oil won't be such a problem! We need a 'home supply'!

From the land that is. Like having an nearly everlasting supply of oil. Just turn the tap on?

Btw, do airliners fly on electricity!! You'd think so, the way Brent keeps falling?

[moneymunch] 20/6/2017 13:38

10m Buy late reported buy suggests that the smart Money is accumulating .....Gla holders......more good news coming. :-)

Ps the current share price is 47% up on the 0.8p placing price, which suggests there is no over hang , only a hang over for those that didn't fill their boots sub 1p.....Another big bounce on the next update very likely....Significant upside on EA flowtest permit confirmation...FILL YA BOOTS!!! :-)

[moneymunch] 20/6/2017 12:45

"the greater the amount and percentage of a gas show represented by the heavier hydrocarbons (C4 and C5) the greater potential for oil production from that zone (Ferrie et al., 1981)"

[mikeygit] 20/6/2017 12:39

Thanks guys for your WET GAS replies!!

[moneymunch] 20/6/2017 12:27

Lots of people to keep happy Ray, although EA flowtest permit looks like a foregone conclusion imho but will obviously be well received on confirmation, and how exciting will it be with BB flowtests underway at the same time as HH extended flow tests, which looks very likely, and so you can imagine the positive effect on share price as positive updates come in from both sites during operations. Gl ;-)

[rayrac] 20/6/2017 12:20

Reading that environmental permit mm, makes me wonder why they can't get just one inspectorate out there checking?!

Some people are afraid of their shadow. To much regulation and work for the boys, and not enough workers? No wonder our council tax is so high!

[rayrac] 20/6/2017 12:13

hxxps://uk.pinterest.com/pin/285837907571121922/

If you are hanging around waiting?