Latest news with #Prentice
Herald Sun
4 days ago
- Business
- Herald Sun
BRK rides high in Oklahoma
Brookside Energy completes Bruins Well stimulation safely, on time and within budget Preparations are now underway for flow-back and testing at Brookside's ninth well in Oklahoma's SWISH Play acreage The Australian junior expects initial production and sales from Bruins this quarter as planned Special Report: Brookside Energy has successfully completed stimulation operations at its Bruins Well as it prepares for flow-back, testing, and initial production and sales. Brookside Energy (ASX:BRK) is continuing it run of success in Oklahoma's prolific Anadarko Basin with the Bruins Well stimulation operations finished safely, on time and within budget. Preparations are now underway for flow-back, and testing and first sales are on track for this quarter from Brookside's ninth well in the SWISH Play acreage. The company says the high-intensity fracture stimulation of the Woodford Formation, located in the southern half of SCOOP (South Central Oklahoma Oil Province), was executed with 42 stages, all of which were successfully completed. Significant step in SWISH Managing director, David Prentice said: 'We're very pleased to have safely and efficiently completed stimulation operations on the Bruins Well, on time and on budget. 'Bruins represents another important step in the development of our SWISH Play acreage. With flow-back now imminent and first sales on track for this quarter, we look forward to this well contributing to cash flow and further validating the quality of our acreage.' 'I'm immensely proud of the team for the care and diligence they continue to demonstrate in delivering these projects safely, on schedule and within budget.' Prentice added that Bruins represented a key step in unlocking the full potential of Brookside's Bruins Drilling Spacing Unit (DSU), and the company is focused on achieving optimal production and cash flow from the well in the near term. Highly encouraging for Brookside is that real-time monitoring during the operations confirmed that each stage effectively stimulated the reservoir, with pressures, sand and fluid volumes aligning with the company's pre-completion design. The plugs which served as check valves to provide zonal isolation during the high-intensity multi-stage stimulation of the well have been successfully drilled out and production tubing has been installed. Well placed in market The latest news from Bruins confirms Brookside's reputation as a smart operator in the American oil and gas sector. The company has low operating costs of only ~$9 per barrel of oil equivalent (BOE), a strong cash position and plus 2P net reserves at 12.35 million barrels of oil (MMBO), giving the resilience to withstand the current choppy conditions in the market. Prentice has said that even if Brookside stopped drilling after Bruins and prices stayed low for the next five years, the company would still generate more cash flow than its current cap during that time. 'Best of all, our oil and gas reserves would still be in place ready to develop when prices rebound,' he said. This article was developed in collaboration with Brookside Energy, a Stockhead advertiser at the time of publishing. This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions. Originally published as Brookside Energy rides high in Oklahoma
The Herald Scotland
23-04-2025
- The Herald Scotland
Stonehaven derailment fatal accident inquiry 'could last nine weeks'
A criminal prosecution saw Network Rail fined £6.7 million in 2023 after it admitted health and safety failings over the crash, which happened on a day of torrential rainfall. At a preliminary hearing held virtually from Aberdeen Sheriff Court on Wednesday, Alex Prentice KC, representing the Crown, said it would be a 'large and complex' fatal accident inquiry (FAI). During a previous preliminary hearing in January, the lawyer suggested the FAI could last around 12 weeks but on Wednesday he said it could take less time. READ MORE: Probe into Stonehaven train derailment could last 12 weeks Fatal Accident Inquiry to be held following Stonehaven train derailment Victims and relatives speak out after Network Rail guilty over Stonehaven crash He said: 'It is very difficult to at this stage identify the duration of the hearing, but we think about eight to nine weeks.' Mr Prentice said that at a previous hearing, Sheriff Principal Derek Pyle made it clear the views of bereaved relatives and the passengers were important when deciding how the FAI should be held, be it virtually or in person. He said there appears to be no strong united view on the matter. The lawyer told the hearing: 'I suggest it might be better that further thought is given to that so that a final decision can be made at the next hearing. 'From the Crown's point of view I think a hybrid model might be the best, with some evidence taken remotely and some evidence taken in person and statements and other matters would be referred to.' Participants in the inquiry include the RMT and Aslef unions, ScotRail, the Office of Rail and Road, the Rail Accident Investigation Branch (RAIB), Network Rail Infrastructure, British Transport Police and the Scottish Fire and Rescue Service. The inquiry heard on Wednesday that the Scottish Ambulance Service will also participate. A date for the FAI has not yet been fixed, however Sheriff Lesley Johnston on Wednesday asked participants to provide dates of their availability for the inquiry over the next 18 months to help with planning. A further preliminary hearing will take place on June 23. Unlike criminal proceedings, FAIs are inquisitorial in nature, and are used to establish facts rather than apportion blame. The purpose of an FAI includes determining the cause of death, the circumstances in which the death occurred, and establishing what reasonable precautions could have been taken to minimise the risk of future deaths in similar circumstances. At the High Court in Aberdeen in September 2023, Network Rail admitted a series of failings that resulted in the deaths, pleading guilty to a charge covering the period from May 1 2011 to August 12 2020. This included failing to inform the driver that it was unsafe to drive the train at 75mph, or caution him to reduce his speed amid bad weather on the day of the derailment, which also left six people injured. An RAIB report published in March 2022 found errors in the construction of a drainage system installed by Carillion meant it was unable to cope with heavy rain which fell in the area on the morning of the crash. Carillion went into compulsory liquidation in January 2018. The RAIB report made 20 recommendations to improve railway safety, many of which were directed at Network Rail. Network Rail previously said it is determined to build on the 'significant changes' it has made since the incident, which have 'helped us to manage the risk of severe weather to the network', and it has invested millions to improve the resilience of the railway.
Yahoo
19-03-2025
- Sport
- Yahoo
Unadilla Valley's Jacob Prentice on top at NYSPHSAA Bowling Championship
UNADILLA VALLEY, N.Y. (WIVT/WBGH) – One student-athlete from Unadilla Valley has made his mark on New York State bowling as Jacob Prentice put in a stellar performance at the NYSPHSAA Bowling Championship. Of all of the athletes competing, in both D1 and D2, which consists of 125 bowlers, Prentice finished with the highest series score. Over the 6 games, he averaged 246, with a grand total of 1477 to lead everyone in attendance. The Section IV D2 composite team took 3rd place in the boys competition. Chenango Forks' Landon Butenko was 2nd with 1418. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
BBC News
09-02-2025
- Entertainment
- BBC News
Lincoln Cathedral: Music partnership with schools launched
Lincoln Cathedral has recruited an experienced musician to encourage singing at four local Holliday, who has a background in musical theatre, will go into schools to deliver weekly workshops and help to develop officials hope the partnership will inspire the next generation of most able pupils could be invited to join the cathedral choir. Mr Holliday, who is from Lincoln, said he was excited to be working with pupils in his home said: "Singing gives children an opportunity to express themselves and to demonstrate their creativity, and this project enables us to help more children discover and develop their voices."Aric Prentice, the cathedral's director of music and master of choristers, said the partnership was a new approach to offer more support within said: "We're privileged to be part of a centuries-old choral tradition at Lincoln Cathedral and see daily the difference singing makes in people's lives. It's important for us to be able to share that with new generations of singers." Mr Prentice hopes the partnership will encourage future choristers. Nettleham Junior School is one of the schools involved. Head teacher David Gibbons described the scheme as "wonderful" and said the children were "singing their hearts out".In February 2024, Mr Prentice said the single-sex choirs were five boys and five girls short of a full complement.A year later, there is a waiting list for girls, but the choir is still looking for more to highlights from Lincolnshire on BBC Sounds, watch the latest episode of Look North or tell us about a story you think we should be covering here.
The Guardian
08-02-2025
- Business
- The Guardian
Cambridge risks losing ‘unbelievable talent' amid PhD funding cut
The University of Cambridge risks 'losing unbelievable talent' owing to a drop-off in funding for PhDs, the vice-chancellor has cautioned. Prof Deborah Prentice, who took over as vice-chancellor in 2023, described PhD students as 'the lifeblood' of the university's research and innovation work, and expressed concern that funding from research councils had 'dropped off significantly'. Her caution came after the chancellor, Rachel Reeves, announced a new partnership with the 800-year-old university, putting it at the heart of the government's growth agenda, including plans for 'Europe's Silicon Valley' in the corridor between Cambridge and Oxford, which could add £78bn to the economy. In an exclusive interview with the Guardian, Prentice said she was 'thrilled' to be working closely with the government on its industrial growth strategy. On Tuesday the university hosted a visit by the Cabinet Office minister Pat McFadden, who came to see the university's Dawn supercomputer and discuss how AI could transform public services and healthcare. Prentice then attended a reception at No 10 in the evening. Prentice said one of her chief concerns for the future was the decline in PhD funding, which had been flagged during talks with the university's six academic schools and was her 'number one priority'. 'PhDs are the lifeblood of so much of what we do here,' she said. 'They're critical to our education mission. They're the worker bees that power the research mission. They're critical to our innovation mission. They are the genesis of many a startup company and we've got to be able to fund them. We lose unbelievable talent because we can't fund it.' Only about 15% of Cambridge's PhD students remain in academia. The rest go on to power the knowledge economy, she said. 'It's so important for the country, not just Cambridge.' Prentice, an eminent American psychologist with academic expertise in the study of social norms that govern human behaviour, was provost at Princeton University before she became Cambridge's 347th vice-chancellor. After a challenging start in the aftermath of Covid, at a time of high inflation and strikes by university staff, she was hopeful the new partnership with the government would herald a golden era for Cambridge. The university is situated in one of the world's largest technology clusters, which is home to more than 5,000 knowledge-intensive companies and the birthplace of innovative businesses that contribute £30bn to the UK economy. There are also plans for a flagship startup and innovation hub at the centre of the city, modelled on The Engine near Boston and Station F in Paris, which promises to transform the best research ideas from across the UK into the companies of tomorrow. The vice-chancellor acknowledged the enormous financial difficulties faced by much of the sector and said Cambridge was fortunate to be largely protected by its £4.2bn endowment fund and its income from Cambridge University Press and Assessment. PhD funding would be a priority in the next fundraising campaign. Prentice's two other main concerns were the affordability of Cambridge for young academics and maintaining global competitiveness. 'Our priorities are our people, our talent. Getting the very best talent that's going to power this push forward in AI and so many other areas.' Critics have raised concerns about a gender attainment gap in the awarding of firsts, with men significantly more likely to gain the highest class of degree, which Prentice described as shocking. Oxford has a similar problem. In the 2023/24 academic year, Cambridge averaged a 9.2 percentage point gap favouring men. This is in stark contrast to the UK higher education sector as a whole, where women are generally more likely to achieve first-class honours and upper seconds. 'It's shocking, right?' she said. 'It's not necessary. So that means that we have to look closely at it and we have to understand how it's being produced. Our starting assumption is that it must be something about the way the determination is made.' Prentice was, however, relaxed about criticism of her pay package for her first year at Cambridge. At £577,000, including salary and relocation costs, it was among the highest received by Russell group vice-chancellors. 'I make a lot less than I made in the US, and I wasn't even head of an institution in the US, right?' she said.
