Schlumberger estimates for the oolite that we're targeting is between 400bpd and 1500bpd with $14 break even per barrel and Brent crude at $55 per barrel that around $40 profit per barrel onshore UK.
We're also testing the kimmeridge there ( which flowed at 1400bpd at horse hill ) and if it looks good at lidsey we will produce from the kimmeridge at L1 well at lidsey probably within 6months..thats 2 production wells which for own 30% and 30% of ..tgis doesn't include the 10% interest in the brockham oil field which has permission for 6wells and is on the verge of producing from the kimmeridge there after ong authority approval which could land any day...hh produced 1400bpd from a 40mtr perforation and were going to perforate 200mtrs of kimmeridge at brockham which latest analysis says looks better than hh so could be many 1000s of bpd from there and thesse wells will see Dor cash rich very soon with an mcap of 7million..to put in perspective ukog who own weald acreage but don't have a production licence are valued at around £300million.
