14:23 08/05/2013 Re: wressle and france
Yes waldpyk, one would think that the small size and limited resources of the company would tend make a 100% UK focus more appropriate. However, I do not know much about the French operations so may be there is a reason the company is hanging on to them. Certainly the relatively new French government appears hostile to the energy industry judging from their policy on shale gas, and I imagine their attitude to UK energy companies is even more hostile so perhaps time to divest. By pharmaspecialist
9:33 08/05/2013 wressle and france
i wonder , if we need to farm down one of our best prospects - wressle - why are we still in france
concentrate on england : there we have enough , no more then enough on our plate

waldpyk By waldpyk
11:32 26/04/2013 Re: Core results out on Huiron
Obviously better than mine! By BrokerDaw
8:45 26/04/2013 Re: Core results out on Huiron
looks to me environmental measurements of air water and soil
before , during and after the drill
.. but my french is not eh that good

waldpyk By waldpyk
19:31 22/04/2013 Core results out on Huiron
Have not a clue what they mean. Anyone want to call Mr Abbott ?

http://www.petrole-bassin-parisien.fr/jour-apres-jour/huiron/ By BrokerDaw
15:03 21/04/2013 Re: huiron-1
http://www.petrole-bassin-parisien.fr/jour-apres-jour/huiron/

We don't do dry holes . Suspended well. Cores being analysed. This was always a surve. As Shale Oil. By BrokerDaw
7:50 20/04/2013 Re: huiron-1
it takes too long now
i'm afraid you'r right anchises
probably a dry hole
the glass is almost empty

waldpyk By waldpyk
16:03 12/04/2013 interesting news
Fracking 'Not Significant' in Causing Earth Tremors

New research has found that hydraulic fracturing (fracking) is "not significant" in causing earth tremors. Released Wednesday by the UK's Durham University, the results of a study of hundreds of thousands of fracking operations showed that the process only caused earth tremors that could be felt on the surface in three cases.

The research, titled Induced Seismicity and the Hydraulic Fracturing of Low Permeability Sedimentary Rocks, found that almost all of the resultant seismic activity was on such a small scale that only geoscientists would be able to detect it. It also discovered that the size and number of tremors is low compared to other manmade triggers such as mining, geothermal activity or reservoir water storage.

However, Durham University's report does establish beyond doubt that fracking has the potential to reactivate dormant faults and describes the probable ways in which the pumping of fracking fluid underground triggers this.

"We have examined not just fracking-related occurrences but all induced earthquakes - that is, those caused by human activity – since 1929. It is worth bearing in mind that other industrial-scale processes can trigger earthquakes including mining, filling reservoirs with water and the production of oil and gas. Even one of our cleanest forms of energy, geothermal, has some form in this respect," Professor Richard Davies, of the Durham Energy Institute, commented in a statement.

“In almost all cases, the seismic events caused by hydraulic fracturing have been undetectable other than by geoscientists. It is also low compared to other manmade triggers. Earthquakes caused by mining can range from a magnitude of 1.6 to 5.6, reservoir-filling from 2.0 to 7.9 and waste disposal from 2.0 to 5.7.

"By comparison, most fracking-related events release a negligible amount of energy roughly equivalent to or even less than someone jumping off a ladder onto the floor. Of the three fracking-related quakes that could be felt, even the largest ever, in the Horn River Basin in Canada in 2011 had a magnitude of only 3.8. That is at the lower end of the range that could be felt by people. The widely-reported quake at Preese Hall near Blackpool in 2011 had a magnitude of 2.3."

Cuadrilla Resources, which carried out the shale gas fracking activity that was believed to have caused the Preese Hall quake, has since installed seismic monitoring equipment at two of its sites near Blackpool in the northwest of England. The firm is hoping to recovere some of the 300 trillion cubic feet of natural gas that is believe to be held within shale rocks in the region's Bowland Basin. In a recent interview with Rigzone, Cuadrilla Development Director Mark Miller said that be believed Cuadrilla could be producing commercial gas from the basin before 2016.




By KNEES
10:19 29/03/2013 Re: huiron-1
You're an optimist Waldpyk. Being a glass-half-empty kinda fellow I was thinking exactly the opposite, i.e. if it was a "gusher" we'd have heard by now! I've a vision of them desperately studying the logs for any sign of oil!

I guess all will be revealed in due course. We should get an update at least with the results announcement. By Anchises
13:10 27/03/2013 Re: huiron-1
any day now
the longer it takes the better the chances
that is , if it was a dry hole we would know by now
at least that's what i tell myself
here's to hope

waldpyk By waldpyk
4:05 25/03/2013 Re: Chart
I do hope so, been waiting nearly as long as E................... well you know,

I could do with some profit from some where, as the tasty oilers are mounting up and prime. By KNEES
13:47 20/03/2013 Re: Chart
Today just could just be the turning point for this share!
By 20pt4
8:03 13/03/2013 Chart
Looks as if the chart is begining to turn up, time will tell.
By 20pt4
8:01 23/02/2013 huiron-1
if Hess finds the oil ( 9 mmbo : best estimate after farm down) ,a massive rerating will follow
at least so i thought but the market gives it no or little chance hareprice 8-9 pence as before
we will see
this company (and me) sure can use a bit of luck

waldpyk
By waldpyk
14:01 29/01/2013 Re: Mairy
still here waiting for 4 years

not much to say, fracking long time, imo 22p this year :D By KNEES