{"id":3448,"title":"Andrew Bell – Chairman – Regency Mines PLC #RGM","publisher":"Share Talk","author":"sharetalk","published":"2016-07-19T14:57:51+00:00","modified":"2017-11-05T15:42:55+00:00","canonical_url":"https://www.share-talk.com/andrew-bell-chairman-regency-mines-plc-rgm/","markdown_url":"https://www.share-talk.com/andrew-bell-chairman-regency-mines-plc-rgm.md","json_url":"https://www.share-talk.com/andrew-bell-chairman-regency-mines-plc-rgm.json","category":"Mining","categories":["Mining"],"tags":["Andrew Bell","Horse hill","Regency Mines"],"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","format":"news","language":"en-GB","content":" \n\nLSE 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/)\n\nPetrophysical Analysis Increases Total Portland Horizon Oil in Place from 7.7 to 22.9 million barrels (“MMbbl”) per square mile\n\nPetrophysical Model Revised Including Dry Oil Test Observations and Measurements\n\nPortland Flow Rates Expected to Increase Using Higher Capacity Pump\n\nBarton Wilmore to be Commissioned to Prepare and Submit Planning Application for Appraisal Program at Horse Hill\n\nProgram 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\n\nAndrew 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."}