EA predicted by end of next week, flow tests then = 4 weeks thereafter
..LGO been oversold too. hit bottom 1.1p this week. now bouncing back up. producing huge 1500 bopd per day and profitable as cost is much cheaper. and yet mcap still cheaper than UKOG and other oilers who are not even producing
WRES is moving up - news next week. ALSO LGO moving up too
I am new to this board but have been in UKOG Solo and AEX for over a year and watch here and learn from some of the more experienced posters. The one thing I have learnt is do your own research and be patient it’s going to happen and you don’t want to out of it when it takes off. I do remember some months ago DL saying that he was meeting with the Government. Then nothing more heard? The Government since getting into power without the Liberals holding them back are making things easier for the oil and gas industries. Does anyone think like I do that we might just get the EA approval whilst the upcoming Conservative conference is on? A great distracter for the Government. Just a thought.
so many happy people on lse just like walking with babys
Therefore flow test results 6 weeks off (assuming permit given) let's see what the surprise is in 6 weeks time. I think we will see better than expected results. The point is ... Once you have EA then that decreases the risk considerably in this prospect for the sort term.
EA for September will not be published until c. 8/10
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