One thing that has kicked the UK bulletin board rampers in the...

One thing that has kicked the UK bulletin board rampers in the teeth is the "no fracking until late Q1".

Sinogas are very clear in their news, they openly say no fracking in the winter and program will commence late Q1.

Sadly LRL say "in the spring" and then later say "after Chinese New Year". Well September is actually after Chinese New Year as is any time after mid February.

Going on what Sinogas say, it seems no fracking until late Q1 - which means likely results in very late March or April. The coldest winter months are Dec/Jan/Feb and temperature starts to rise in March, which ties in with what Sinogas say about no fracking until late Q1.

Why has this kicked the UK BB rampers in the teeth, well its quite simple. We all know that any well drilled in this area will hit gas, CAMAC drilled 4. The trouble is it does not flow.

With no fracking until late Q1 it means the next well results, no matter how excited everyone appears to be at "striking gas" - everyone knows full well no fracking until late Q1 based on what Sinogas say clearly. So we know now the next well will strike gas pretty much 99.9% but we also know it will not be fracked until looks like late Q1.