Sharesmagazine
 Home   Log In   Register   Our Services   My Account   Contact   Help 
 Stockwatch   Level 2   Portfolio   Charts   Share Price   Awards   Market Scan   Videos   Broker Notes   Director Deals   Traders' Room 
 Funds   Trades   Terminal   Alerts   Heatmaps   News   Indices   Forward Diary   Forex Prices   Shares Magazine   Investors' Room 
 CFDs   Shares   SIPPs   ISAs   Forex   ETFs   Comparison Tables   Spread Betting 
You are NOT currently logged in
Register now or login to post to this thread.
  • Page:
  • 1
  • 2
  • 3
  • 4

Doriemus Plc - Oil Production in the UK (DOR)     

Alex 36 - 22 Feb 2014 17:20



Doriemus Plc is a natural resources investment company with a current focus on and in a portfolio of UK based oil & gas production assets.Investments may be considered in various regions to the extent that the New Board considers that value opportunities exist
and attractive returns can be achieved.

http://www.doriemus.co.uk/


Current Asset Base :

A participating interest of 20% in the Producing Lidsey Oilfield
in West Sussex and an exclusive option to increase to 25%.

A participating interest of 10% in UK Production Licence PL 235,
which comprises the producing onshore Brockham Oil Field in Surrey.

A participating interest of 7.5% in The Horse Hill Petroleum Exploration
and Development Licence No. 137 (PEDL 137) located in Surrey.




kimoldfield - 23 Jun 2014 22:42 - 34 of 76

Haha! Nice!

gibby - 25 Jun 2014 11:39 - 35 of 76

:-)

good here right now just under .21 to buy - easy money
gla

kimoldfield - 25 Jun 2014 12:36 - 36 of 76

Needs a bit of extra kerrrrrrrchinnnnnnggggggggggggggggggg at the moment gibby! Lidsey news needs to get a spurt on! :o)

gibby - 26 Jun 2014 11:49 - 37 of 76

lol kim - its a gusher!! news extremely close now - just how many bopd is the question - then lids 2, hh et cetera
real good buy sp right now - lunchtime bargain hunters probably snap them up then back to evens or a bit blue today if no rns till tomorrow
i can smell the cash already :-))
atvb

gibby - 27 Jun 2014 11:10 - 38 of 76

bargain right now - end the day blue - gla

gibby - 27 Jun 2014 12:39 - 39 of 76

ticking
;

yeeeeeeeeeeeeeeeeeeeeeehaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa

mitzy - 03 Jul 2014 08:42 - 40 of 76

Falling away today.

kimoldfield - 03 Jul 2014 09:34 - 41 of 76

I don't know what investors expected from Lidsey, the fact that is producing more oil, though it will never be hugely significant from Lindsey-1, is something to be cheerful rather than grumpy about! 😊

kimoldfield - 14 Jul 2014 14:16 - 42 of 76

DOR is being tipped to be the Horse Hill share to be in at the moment, mainly it would seem, because of it's 20% interest in Lidsey and 10% in Brockham in addition to it's 10% holding in Horse Hill. Cheap as chips then at the moment!

gibby - 16 Jul 2014 16:06 - 43 of 76

money making buy price - only .1724 to buy atm
wont be that for long
yeeeeeeeeeeeeeeeeeeeeeeehaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa

gibby - 21 Jul 2014 07:38 - 44 of 76

vital approval received
Doriemus PLC

Update - Horse Hill


21 July 2014

Doriemus plc

("Doriemus" or the "Company")

Update - Horse Hill

Doriemus Plc (AIM: DOR) announces that Horse Hill Developments Ltd ("HHDL")
received formal notification from the UK Department of Energy and Climate
Change ("DECC") on 17 July 2014 that:

* The Secretary of State has granted the transfer and apportionment of rights
of 65% of Licence PEDL 137 from Magellan Petroleum (UK) Limited to HHDL;
and

* The Secretary of State has granted approval of appointment of HHDL as
Exploration Operator of Licence PEDL 137.

These approvals and consents granted by the DECC are valid until 17 October
2014, to enable HHDL to meet its obligation under the agreements in place
between HHDL and Magellan Petroleum (UK) Limited to drill the Horse Hill-1 well
on Licence PEDL 137.

The Horse Hill-1 well is proposed to have a total depth of 8,512 feet and is
targeting a number of conventional stacked oil and gas targets.

Doriemus has a binding agreement in place to own a direct 10% interest in HHDL,
a special purpose company that owns a 65% participating interest and
operatorship of the Horse Hill Oil Field in the Weald Basin.

Donald Strang, the Company's Chairman, commented:

"The site construction works are progressing to plan and we look forward to
spudding the Horse Hill-1 well."

Enquiries:

Doriemus plc +44 (0) 20 7440 0640
Donald Strang/Hamish Harris

gibby - 22 Jul 2014 09:40 - 45 of 76

fantastic buy in level atm .155 - wont be that cheap for long
gla

gibby - 22 Jul 2014 09:50 - 46 of 76

lunchtime bargain hunters will be hoovering these up soon if any left - already recovering :-)

gibby - 24 Jul 2014 21:27 - 47 of 76

dor nearly time to turn blue again building up to next news which is close
gla

gibby - 28 Jul 2014 14:41 - 48 of 76

topped up today- currently only .152 buy
yeeeeeeeeeeeeeeeeeeeeeeeehaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa

gibby - 16 Aug 2014 16:08 - 49 of 76

get used to blue here work progressing http://postimg.org/image/j6i9ok1qd/

gibby - 20 Aug 2014 11:38 - 50 of 76

moving ;

kimoldfield - 20 Aug 2014 17:03 - 51 of 76

Oops! A wheel fell off! :o)

gibby - 03 Sep 2014 07:06 - 52 of 76

lol kim - NO SIR! gonna fly today
yeeeeeeeeeeeeeeeeeeeeeeeeeeeeehaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa


Wednesday 03 September, 2014


Doriemus PLC

Drilling commences at Horse Hill


3 September 2014

Doriemus plc

("Doriemus" or the "Company")

Drilling Commence at Horse Hill

Doriemus Plc (AIM: DOR) is pleased to announce that drilling operations on the
Horse Hill-1 well have now commenced.

The Horse Hill-1 well is planned to be drilled to a Total Depth ("TD") of 2,646
metres (8,680 feet) and is designed to test for a number of conventional
stacked oil targets in the Jurassic, as well as a deeper conventional gas
target in the Triassic.

The operator, Horse Hill Developments Ltd ("HHDL"), is a special purpose
company with a 65% operating interest in the PEDL 137 license in the Weald
Basin to the north of Gatwick Airport in Surrey. Doriemus has binding
agreements in place to own a direct 10% interest in HHDL.

The participants in the Horse Hill Prospect are HHDL (65%) and Magellan
Petroleum Corporation (35%).

Donald Strang, the Company's Chairman, commented:

"This is an exciting time for Doriemus. We are very pleased that drilling
operations are now underway on this exciting prospect. The next few weeks will
be a busy and interesting phase for this investment."

Enquiries:

Doriemus plc +44 (0) 20 7440 0640
Donald Strang/Hamish Harris

Cairn Financial Advisers LLP +44 (0) 20 7148 7900
Nominated Adviser and Broker
James Caithie/Jo Turner/Carolyn Sansom


About Horse Hill:

The 99.29 km2 (24,525 acre) Horse Hill Petroleum Exploration and Development
Licence No. 137 (PEDL 137) ("Horse Hill") is located in Surrey, a few miles
from Gatwick Airport

The Horse Hill Prospect OOIP and OGIP and prospective resources, as previously
announced by the Company, are summarised in Table 1.

Table 1: Horse Hill Prospect estimated OOIP, OGIP and Prospective Resources.

Target Reservoir OOIP OOIP Prospective
Resources
Oil Upside Potential Mean (MMSTB)
(MMSTB) Mean (MMSTB )

Upper Portland 116 57 17
Sandstone

Lower Portland 284 147 44
Sandstone

Corallian Sandstone 67 33 10

Greater Oolite 204 104 16
Limestone

Total Oil 671 341 87

Target Reservoir OGIP OGIP Prospective
Resources
Gas Upside Potential Mean (Bcf)
(Bcf) Mean (Bcf)

Triassic Sandstone 456 234 164

Glossary:

MMSTB million stock barrels

Bcf billion cubic feet

OOIP Original Oil in Place

OGIP Original Gas in Place

Prospective Resource Prospective resources are estimated volumes associated
with undiscovered accumulations. These represent quantities of petroleum which
are estimated, as of a given date, to be potentially recoverable from oil and
gas deposits identified on the basis of indirect evidence but which have not
yet been drilled. This class represents a higher risk than contingent resources
since the risk of discovery is also added. For prospective resources to become
classified as contingent resources, hydrocarbons must be discovered, the
accumulations must be further evaluated and an estimate of quantities that
would be recoverable under appropriate development projects prepared.

gibby - 11 Sep 2014 08:51 - 53 of 76

moving

yeeeeeeeeeeeeeeeeehaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa
  • Page:
  • 1
  • 2
  • 3
  • 4
Register now or login to post to this thread.