OmniChart

STG Newapple 23 Nov 2014

HH (Courtesy of EvilPlum (DOR) lseAccording to the last RNS they are still analysing three systems at HH, namely the: Kimmeridgian Clay Oxford Clay Liassic Shale They have only given us a TOC on the Kimmeridgian, which at over 5% is very good, and could be even higher, as that's just an initial estimate. The minimum concentration of organic-carbon content required for a source rock to become a source of commercial hydrocarbon accumulations is circa 0.5%, but it's not just about the source rock, as other factors also have to click into place, (reservoir rock, migration, seals, etc), for a commercial oil find to happen, unless you viewing shale itself as both a source and reservoir rock. The recent British Geological Survey report on Jurrasic shale in the Weald Basin, estimates the P50 to be 4.4 billion barrels, and our two licenses cover about 5% in terms of the Weald's total surface area. If we assume the catchment area for the HH drill site is a few sq miles, then the K results if commercial, would come in at circa 15 - 20 MBO. That assumes even distribution across the entire Weald Basin, which the BGS themselves admit isn't the case, because of the geology. As far as they can tell the commercial elements of the Jurassic shale oil tends to concentrate in specific pockets, and large areas are thought to be either immature or un-commercial. Generally speaking the thickness of the Kimmeridge Clay follows the pattern of the underlying Corallian Clay, with over 1,800 ft (550 m) deposited in the centre of the basin, thinning radially. The thickest well penetration is 1,864 ft (568 m) at Balcombe 1, and yes, that's the same Balcombe as mentioned in the RNS. It's impossible to tell from the information we have, if the K at HH is commercial, but with an initial TOC of over 5%, the game is certainly afoot. If the source rock is mature enough, (heated to >350°C in the dim and distant past), then there will be free flowing oil in the shale, (called shale oil), but if it wasn't then the kerogen in the shale would have to be retorted (i.e. heated) to extract it, (called oil shale). Given the oil shows and elevated mud gas readings whilst drilling the well, I lean towards the view that yes, I think we are about to announce a commercial oil discovery at HH within the K. If I'm wrong, and for any reason the K isn't commercial at HH, then we still have the two licenses to look elsewhere, and if it is, then we still have the two licenses to look elsewhere. The Portland results at both Brockham and HH, indicate that oil in the Portland within the two licenses will minimise risk as we develop them with new wells, and additional shale oil would reduce that risk further, as well as adding value, so the K results will help determine both how fast we can explore and exploit the two licences and what the eventual ROC will be. So, fingers and toes crossed, as the K results are now imminent.

7DIG coldascheese 23 Nov 2014

Re: Will.I.aM deal confirmed soon ? see more atwww.7digital.com

MWA Baron83 23 Nov 2014

MWA The all in sustaining gold costs came down notably in the last quarter to $1,061/oz. We wait to see where it goes from here but clearly such opex against the current Gold spot price will go down well with investors. The bigger profit story is of course the nickel side of things and given the surge in that commodity from March onwards it bodes extremely well for the forthcoming half yearly results. The comparable '14 vs '13 periods look very good.Yearly transports savings of $12M from the smelter, generating additional revenues on the leach alloy and getting the assay results on the copper are other material items.Fully expecting anticipation/sentiment to improve as we near and move beyond those up and coming financials.And yes, interesting to note Blackrocks 2.75% holding here: [link]

7DIG coldascheese 23 Nov 2014

Will.I.aM deal confirmed soon ? I expect the WILL.I.Am deal will be confirmed shortly so now's the time to buy as I think further deals will follow maybe with other stars.I believe that 7 digital pays fairer rates to musicians for their album/song downloads than most of the other download sites so more musicians would sign up to 7Digital for downloads, In fact this is probably why Will.i.Am chose them.See more at[link]

DOR guru310 23 Nov 2014

Re: All Gas K results this week. May we please see 0.2p PLUS

FLG lambrini girl 23 Nov 2014

Re: lambrini girl FLG Chart Breakout, very ... >>>How are your QPP shares faring?<<..had a few..average 60p..sold @ 69p...not intrsted in it anymore..

PHRM bluecar1 23 Nov 2014

are phorm struggling to get funding? comments on another forum seems to suggest phorm are not finding any takers for the latest round of funding / share issuesto quote"it don't look like no one is coming forward from the book build, looks as if they may have to lower the price again or there will be trouble ahead"and later"it looks as if the fat woman is singing here"anyone have any other information?

SPH Ambiorix1 23 Nov 2014

Re: Trades Hello again 50I don’t think Tosca is going to make another move. At the moment, they seem to be keeping the egg’s warm. Landsdowne Partners could increase their holding, but most probably the man behind the ‘manoeuvres in the dark’ is Stuart Swanson. I’m in no doubt he still has some funds to spend on Sinclair. The question is what he will do with his increased stake. Could he be just an intermediate link? He is leaving Sinclair to ‘spend his time’ with Amicus SA in Zug/Switzerland (partner of Sinclair for the Balkan region). Amicus SA is most probably just a new name for former PharmaSwiss. In the ‘SHAB Meldungen’ you can find under Amicus SA : statute datum 05.11.2013. and ‘eingetragene person’ : Kosir Barbara. Mrs Barabara Kosir has been assistant CFO of former PharmaSwiss. And who could come over from time to time to have a chat with Barbara. Maybe Andreas Wicki, former director of PharmaSwiss and actually one of the men in power at HBM bioventures. And this link is even more interesting if you now that HBM is main shareholder of SkyePharma. One of the directors of SKP is our own Jean-Charles Tschudin. And who has been buying a lot of Sinclair shares lately? Indeed Jean-Charles. This could tidily close the circle. If so, I would not be surprised HBM Bioventures or one of the firms it controls (Basilea, Pacira) absorbs Sinclair. All I hope for is that they pay a decent price for it to the remaining small shareholders who waited long enough to be rewarded. Ambiorix.

LWB muscati 23 Nov 2014

Re: Maybe a buy at 47p Looking at the charts, this is still in a downtrend. Not far from the bottom though.A seller in in the wings.

ARG thecooler101 23 Nov 2014

I voted "Yes" in the ARG poll: Will oil be found in the 2015 Falklands Drilling Programme? [link]

BOR thecooler101 23 Nov 2014

I voted "Yes" in the BOR poll: Will oil be found in the 2015 Falklands Drilling Programme? [link]

RKH thecooler101 23 Nov 2014

I voted "Yes" in the RKH poll: Will oil be found in the 2015 Falklands Drilling Programme? [link]

FITB Allan1942 23 Nov 2014

Re: TESCO SOLD OUT!!!! It is good that the stores that are stocking Fitbug products are selling out. This time of year it is also important that demand can be met. I hope that Fitbug are in a position to restock stores ASAP

FITB The Duckie of Cornwall 23 Nov 2014

Re: TESCO SOLD OUT!!!! I note that Tesco's still have other Fitbug appliances available. Whilst we can see that stocks are low or sold out depending on device do we actually know yet whether they have the capacity or not to supply more?Also is it not good that what the stores have are selling?

LEG BOWOOD 23 Nov 2014

Interims Interims due in about three weeks so we may well get some good updates on the two investee companies which could give the sp a lift.