Twiston-Davies’ Ballyandy heads the weights in the Unibet Greatwood Hurdle.Second to Sceau Royal, who has franked the form since, in the Welsh Champion Hurdle on his first run of the campaign, he is giving upwards of 8lb to all his rivals.They include Alan King’s pair Edwardstone and Harambe, Tom Lacey’s Sebastopol, Paul Nicholls’ Thyme White and Sir Psycho and the sole Irish runner Tudor City.Ellison’s Cormier, Dan Skelton’s Proschema and the Olly Murphy duo of Hunters Call and Strong Glance are others fancied in a strong heat.Colin Tizzard’s promising The Big Breakaway is scheduled to have his first run over fences in the opening mallardjewellers.com Novices’ Chase. Defi Du Seuil faces five rivals as his bids for a second win in Cheltenham’s Shloer Chase.Philip Hobbs’ stable star is reappearing after a mysterious flop in the Queen Mother Champion Chase in March when it appeared he had been left with little more than a penalty kick following the late withdrawals of Altior and Chacun Pour Soi.- Advertisement – – Advertisement – Nigel Twiston-Davies’ Riders Onthe Storm, so impressive in the Ascot Chase but a faller in the Ryanair, is yet another Grade One winner in attendance.Brian Ellison’s Forest Bihan reappears for the first time since winning last season’s Old Roan Chase at Aintree, with injury keeping him off the track, while Harry Whittington’s Rouge Vif is back at Cheltenham after an impressive win in a handicap last month.Duc Des Genievres, the Arkle winner in 2019 who is having his first run for Paul Nicholls, completes the field.- Advertisement – However, in just about the only disappointment for the now-retired jockey Barry Geraghty during the 2020 Festival, Defi Du Seuil never looked like winning at any stage and was only fourth to Politologue.Previously last season, Defi Du Seuil had won Sunday’s race – beating Politologue – the Tingle Creek and the Clarence House, taking his Grade One tally over hurdles and fences to seven.He faces last year’s impressive Arkle winner Put The Kettle On, from Henry de Bromhead’s yard, who won at this meeting 12 months ago and never ran again before the Festival.- Advertisement –
Neptune Energy and its licence partners have submitted the ‘Decision to Continue’ report for the Cara project to the Norwegian Ministry of Petroleum and Energy. The licence partnership will now progress its technical and economic plan before making a final investment decision early in 2019.Based on the proposed plan, hydrocarbons from the Cara reservoir will be developed with a four-slot subsea template tied back to the Neptune Energy-operated Gjøa platform for processing and export. Gjøa will also provide gas lift to the field. A tieback to existing infrastructure will ensure that maximum value from the field is unlocked.The Cara field is located six kilometers northeast of the Gjøa field and about 60 kilometers of mainland Florø. Cara is expected to yield between 56-94 million barrels of oil equivalent, in the range of 9-15 million standard cubic meters (MSm3).Anne Botne, country director for Neptune Energy in Norway, said: “Moving into the next phase of the plan is a signal that Neptune Energy is committed to Norway in the long-term. This is our second operated development project on the Norwegian Continental Shelf after Fenja in the Norwegian Sea, and we are using our experience and resources to calibrate the concept for Cara.“We have selected the most economically robust solution for the field and will now work closely with our partners in the coming months to design a plan that will take Cara forward.”Several studies will now be completed before the final investment decision and the plan for development and operation (PDO) can be submitted to the Norwegian Ministry of Petroleum and Energy in the first quarter of 2019.Cara was discovered in 2016 and is situated in PL636 in the Norwegian North Sea. The discovery well, 36/7-4, was drilled by Transocean Arctic and proved oil and gas in Agat formation. License partners in PL 636 are Neptune Energy (30 per cent and Operator), Idemitsu Petroleum Norge AS (30 per cent), Pandion Energy AS (20 per cent) and Wellesley Petroleum AS (20 per cent).