---
title: "Andrew Bell – Chairman –  Regency Mines PLC #RGM"
publisher: "Share Talk"
author: "sharetalk"
published: "2016-07-19T12:52:53+00:00"
modified: "2019-01-27T20:50:28+00:00"
date: 2016-07-19
canonical: "https://www.share-talk.com/andrew-bell-chairman-regency-mines-plc-rgm-2/"
category: "Podcasts"
categories: ["Podcasts"]
image: "https://i0.wp.com/www.share-talk.com/wp-content/uploads/2023/11/Stencil-Google-Chrome-2023-04-19-at-2.47.43-PM.jpeg?fit=1231%2C615&quality=89&ssl=1"
format: "news"
language: "en-GB"
---

# Andrew Bell – Chairman –  Regency Mines PLC #RGM

**Published:** July 19, 2016
**Author:** sharetalk
**Categories:** Podcasts
**Featured image:** ![](https://i0.wp.com/www.share-talk.com/wp-content/uploads/2023/11/Stencil-Google-Chrome-2023-04-19-at-2.47.43-PM.jpeg?fit=1231%2C615&quality=89&ssl=1)

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LSE Share Talk catch up with Andrew Bell to talk about Horse Hill Update – Upgrade to Portland Oil in Place RNS 19th July 2016.

[http://www.investegate.co.uk/regency-mines-plc–rgm-/rns/horse-hill-update—upgrade-to-portland-oip/201607190700075306E/](http://www.investegate.co.uk/regency-mines-plc--rgm-/rns/horse-hill-update---upgrade-to-portland-oip/201607190700075306E/)

o  Petrophysical Analysis Increases Total Portland Horizon Oil in Place from 7.7 to 22.9 million barrels ("MMbbl") per square mile

o  Petrophysical Model Revised Including Dry Oil Test Observations and Measurements

o  Portland Flow Rates Expected to Increase Using Higher Capacity Pump

o  Barton Wilmore to be Commissioned to Prepare and Submit Planning Application for Appraisal Program at Horse Hill

o  Program will Seek to Test 3 Kimmeridge Limestone Zones Plus Portland for up to 360 Days, Drill Two Additional Appraisal Wells, and Acquire Additional 3D Seismic Data

Andrew Bell, Regency Chairman, comments: "The revised Nutech analysis has encouraging implications for potential recovery percentages and commercial viability. The economic potential of the Portland sandstone horizon appears much greater than previously thought.

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