Member Info for adekela

Given the kit on site I can see how the cost of drilling is around £1m.
These pics and videos have given a lot of useful info.

Tweets are posted 12 hours after the event to avoid releasing market sensitive info.
Those will be made by rns.

RNS Agreement to purchase a percentage of his monthly income on buying shares.
Only wish it meant 'news' on the way.
It was a very difficult task to get him to buy shares.
He's the only BoD member to purchase.

Thanks, I must have missed it in IQs. I'll go back to the interview when time allows. GLA

Can you identify the RNS with that dividend statement on it, please?

The initial deal allowed for a gas price of less than £1 per therm.
As long as the gas price doesn’t go below the original negotiated prices I cannot see a major problem.
I stand to be corrected, but that’s my current understanding.
GL and the major shareholders appear to be of the same mind.
gla dyor

GAS
Day Ahead - 100.00p/th
Year Ahead - 389.17p/th
Front Quarter - 434.95p/th
Front Month - 269.88p/th
https://marketwatch.zenergi.co.uk/price/17-10-2022/

Spud date coming up next week?

Russia is planning to restart gas supplies to Europe.
Angus is planning a side track.
There could be a nuclear war.
GL has stated, and demonstrated that they can supply sufficient volume with just one generator.
He stated that two generators will double output and the sidetrack is a bonus.
He also stated there are requirements to avoiding a colossal tax bill, investment in exploration, (sidetrack)
GL also brought onboard two very experienced people
After many years of regretting investing in Angus I am finally getting to feel some joy in my investment.
That feeling is further compounded by GL delivering.
Point is there's many what if's, so I just quietly enjoying what is.
I'm sure a lot of LTHs are relaxing too.
Guess that's why some are called, 'speculators'.

I think GL expressly addressed the negative posters by delivering some accurate guidance on how to interpret the figures ex NG Data Viewer.
Very good of him to sift through the posts on here.
Explanation of Terminology:

Kwhr, Therms, megajoules (MJ) are all measures of the energy content of a quantity of gas and have a fixed and unvarying relationship with one another.

scm (standard cubic metre) mscm (thousand standard cubic metre) and mmscf (million standard cubic feet) are traditional measures of volumes of gas. As producers we tend to observe volume flow from wells and through process plant but we are paid on the energy content which is metered and analysed at point of sale.

These two types of measurement, energy and volume, are related by the calorific or higher heating value which is the number of MJ per standard cubic metre. Very intense processing, i.e. lower temperatures, will tend to remove more higher hydrocarbon fractions such as propane, butane and pentane, which will lower the calorific value but improve the margin of safety in terms of meeting transmission grid specification.
dyor

Maybe it's time to accept that GL is doing a fantastic job with Angus, despite all the negativity and insults on here.
I suggest his access to technological knowledge far exceeds the limits of the negative posters on here.
Looking forward to seeing his plan to develop and grow Angus Energy into a mid level producer.

I'm sure GL said to take note of the energy number, also seen that referred to on #ANGS.
Today those figures are ; 1744444.0000 and 773333.0000.
How that translates into 'The Hedge' I don't know, but thought it helps to stick to the script, as per facts and statements from the CEO.
I haven't seen a banner on LSE's pages for so long 'Angus CEO George Lucan says sidetrack well fully funded, 12 million cubic feet the February target. ' for four days now so I'll guess someone else 'trusts' GL.

I heard GL state the operation has produced up to 11MMSCF at one point.
He also stated that the operational figure to observe is the calorific input.

Change browser or clear cookies.
Might help.

I've just listened to George Lucan who seems to know what he is talking about.
No concerns expressed about 'the hedge' the flow rate' generators' or growth.
A lot more informative and encouraging than the prevailing arguments on here.
Bet that won't last for long, regrettably.

In the interview GL says Angus get paid 20th of the month and seemed to indicate a payment this month.
I thought he meant Oct as they've only been nominating since 1.09.
A payment would require some announcement, no?

Each compressor is rated to 10mcf output.
It's worth having a read on Angus Energy website, there's a wealth of Q&A there..

It’s Summer time.
Demand increases in winter.

Showing as a Cash transaction.
I hope they know something.
Has Steve Sanderson gone on the official missing persons list.

Haven't seen one of those for years. Given it's IG I assume it's on a CFD.