key management, page-33

Carefull how you read the figure Ken has been known to add Lidseys formarion water exports to the oil.Shipped figs for Lidsey this year should read Jan 660, feb0, mar 840, apr 230,may 210. Lidsey has a huge wax problem so needs cleaning out with the hot oiler every two months or flow is restricted. As it only pumps 50 bbls a day and 50% of that is water you have to ask if it is worth the hassle. The previous owner did'nt drill it because there is a good chance of unusable gas. It was closed down for this back in late 80's I think it was.
Brockham has two wells Brx2 and brx4, it also has a water injection well brx3. Brx2 produces 100bbls a day 45% of this is water. Brx4 runs at max once every 7 days for 24 hour then its shut down for the production pipe to fill, it will pump 80 bbls whilst on then run out of fluid 60 bbls of this would be water. This well has not worked since it was drilled Key knew this when they brought it.
Brockham has not just enough tank space for operations and
and lidsey water but you get a bank holiday or a mech failure for longer than 24hrs and you are up the creak without a paddle. To Close Brockham would cost in the region of 20 million no concrete all clay and the uk ea would want it all dug out and replaced.
Getting someone esle to buy? no chance all uk operators turned up there noses and ran from both sites.It took the mug who is Ken to buy it even when Ed said it would be silly. Then he goes and employees them to run the sites on his behalf even though they could not make them pay when they owned them. Ken and his board are truly amazing you have to pinch yourself just to see if your dreaming.