Member Info for Alan2017

Sam - I don’t see anything happening at Brockham for 1-3 months while waiting on completion equipment, packers and rig. As for Balcombe they are just going back to remove the remaining fluid, but I suspect log the reservoir section they were unable to do as the coiled Tubing equipment failed. They need this information to plan the EWT. So I think the SP will remain around Rios price until the well is flowing at Brockham.

Sam - I think you’re placing too much faith in Lidsey production rates. Lidsey was always the poor cousin in relation to Brockham and Balcombe

Yanis - I didn't invest in Tidswell or any individual in Angus, I invested in Brockham many moons ago. So far they have made a hatchet job out of a very simple process. You can only move forward by learning from your past mistakes. And now we have made it a lot harder dealing with the various Government bodies.

I'm sorry, but he was in charge for the mistakes. You're not really going to hold your hand up are you when you've pushed the other guy out of the plane lol.

Angus and especially Tidswell owe their investors big time for their patience. That's why they need to give us a timeline for when things will happen. No timeline means longer delays. You know when the equipment is available, the rig available, when OGA will give you the thumbs up...so update us. Thats not a negative thing to do. In the mean time go and log Balcombe which they were unable to do last time due to child tubing equipment failure.

Yanis - shame Tidswell can't answer why he went to America 2030 crashing the price from 9p to 4.5p when it should have risen with the Lidsey moveable oil RNS.

Tidswell did tweet to say he got some of his shares back, Happy Days. Not really want long term patient holders wanted to hear.

Sadly every time you try to bang the drum and say its great having a fantastic new team....you are not factually correct. Its the same guys with Lucan at the head of the table.

I want to know that Angus won't be making the same mistakes, as Tidswell didn't order the back up down hole pump for Lidsey and we had to wait 4 months...remember how much the SP plunged as I do.

I deal in facts and when something is posted that is factually incorrect whether its a timeline, significance of a piece of equipment arriving or a persons track record...then I'll correct it.

I'm not damaging the SP as nothing will happen for at least a month possibly longer now that the equipment has been sent to Balcombe. Only news that will jump start the SP is having a rig / completion equipment / packer / well test equipment onsite and OGA / EA approval when the final completion string has been agreed upon.

After all you posted on twitter your concerns

https://twitter.com/yanis_2005/status/1093812528159883264

Itsallaboutme - as I have said many times in the past ...praise the board when its due and challenge them for answers when things go wrong due to operational / planning screw ups. I don't think this is a time to be praising them do you?!!

I'm very surprised seeing the person who answers the phone works for a virtual office? And I haven't seen any Angus emails posted on here from a response including from yourself.

I deal with these standard operations on a day to day business. We aren't reinventing the wheel, yet it feels like that. Its no good Lucan saying we are retaining the same team to save on costs. I would have rather spent the free shares on a seasoned professional who knows which well to sidetrack from, when to get specific paperwork to the relevant government bodies and knows to order back up equipment as a standard.

As for the relentless put downs...highlighting embarrassing needless screw ups is a better way....well i'm replying to your posts. I posted my thoughts and then have had to reply to several posters.

It's a shame my Balcombe post and the forward plan there has been overlooked.

Tymers - you need a car to win the Le Mans race...at the moment the pit doesn't have a car, mechanics or even the entry fee paid for.

But the car planned (if I'm being too subtle I'm talking about the well now) is fast. So yes the SP will react to the rig / well test equipment being at Brockham, but I have always said that. Sorry if you don't like my timelines for when delayed operations will recommence. I note some folk just want me to be glass half full with my comments all the time even when there are issues. Saw the same reaction after the Lidsey debacle when I criticised the board.

Yanis - I am asking them for timelines that you guys have been demanding over the last 2 months.

I have asked them questions that they should already know...if they don't then that means the delays are even longer than a month. So which would you rather have?

"Tidswell drilled Horsehill ... a very successful well. That says something." Erm...last time I looked Angus didn't have any shares in HH.

Tidswell is matched on performance. Sadly what he has achieved in 2 years with Angus is mighty poor. What Angus is trying to achieve is not rocket science, but they are making it look harder than putting a man on Mars. These are standard oilfield operations done for many decades.

So Yanis you're telling me you have no issues with Angus drilling the sidetrack from the wrong well at Brockham and delaying the Brockkham EWT by over 2 years now? The EWT should have been completed now wit ha healthy SP. I would class that as unsuccessful.

Itsallaboutem - Angus don't reply to any emails sent and if you phone you get through to a Virtual office?

Sorry if this affects any day trades you may have set up, but I will comment on both the well and BOD side of operations. Feel free to unsubscribe from my page where you were happy to say listen to Alan...but then again you don't pay for my free insight.

The SP will not move from around this price for at least another month. Brockham needs the well test equipment that has been sent to Balcombe, OGA / EA approvalas well as completion equipment, packers and a rig. That is the harsh realities. Best to know this now than weeks of posts saying whats happening, I've seen a flatbed truck leave the site or a person on Twitter with a history of 2 posts says he's heard from his mate who is friends of a truck company......When it gets up and running then its an easy fix. I'll even let you quote me on the last sentence.

Yanis - long sigh.

You spoke about the water zone and I told you whose job it is to identify it. My previous post covers Tidswell failings.

"The new BOD has on the website an open letter pledging improved shareholder communication." So why can't they answer these simple questions then? These answers will appease most of the investors concerns, but they haven't replied.

https://twitter.com/Alan20171717/status/1093783607615733760

SP has taken a nose dive because investors don't like delays. And yes the SP will most likely remain around this current price for month(s). I'm happy to wait as it docent make sense to sell, but they

Again....Tidswell and the same guys have been there since the IPO. It's only Lucan that has been added.

Same team, just had a corporate face lift lol

Yanis - you may want to have a rethink of the perforating water zone comment. The companies geologist identifies water zones and then highlights this. So who is Angus Chief Geologist? Andrew Hollis.
Who is Angus new Non-Exec Board member with over 20 years experience? Andrew Hollis.
Who gave the thumbs up for drilling Lidsey well? Andrew Hollis

So the new BOD is actually just an addition of Lucan. Everybody is the same.

Tidswell has been Operations Manager since July progressing all oilfield matters.

Well as I said before when the RNS was issued, it felt like the £3million YA deal was as a result of Cuadrilla pushing Angus to start the EWT as soon as possible and yes my statement regarding having 2 EWTS at Balcombe and Brockham simultaneously in 2019 still stands.

Moving all the H2Oil test gear from Brockham and moving it to Balcombe solely to remove of the remaining fluids doesn't make sense. You are going to have the same exact testing equipment for the EWT, so for the cost it doesn't make operational sense.

I think they have gone back to Balcombe to carry out logging the reservoir which they couldn't do last time as the coiled tubing equipment failed during the 7 day test. They will need this information for the EWT planning and FDP. And at the same time displace the remaining fluid using coiled tubing. They may also want to check for any potential water zones that need to isolated with packers if indeed there is any formation fluid as the last RNS said it was still completion fluid in the formation.

The transfer of equipment which we saw leaving in Brockham Oil Watch photos which some folk said was fake shows that we will have a period of no activity at Brockham and that is something we have to get used to. I still believe Angus need to wait on the completion equipment / rig before progressing.

"The operation at Balcombe is planned to remove all remaining wellbore and drilling fluids from said well and leave the well ready for extended long term production prior to submitting a Field Development Plan to the OGA and agreeing such with the local planning authority. It will also allow the utilization of the current well testing package from Brockham."

RealLawnMowerman - "Yes, Tidswell has made some mistakes and yes things could have gone better" That sounds like a Trump tweet to describe the last 2 years lol

I'm sorry, but from an operations stand view....its been a terrible show and the Circus Conductor was Tidswell. Notice how he doesn't reply to tweets...just tweets It's not my fault.

Every well you drill you compile a Lessons Learned Matrix to determine what went wrong for a specific operation and was it a planning, logistical, operational or out of your hands issue. In the last 2 years most of the issues have been self induced and sadly Tidswell name would be in the Reason box.

He was still awarded £2 million free shares when some folk on here are saying he was on gardening leave, which I don't believe for a moment.

If Angus had better comms then they would answer the questions put to them? After all he can take my "its not rocket science" phrase, but can't reply lol

Sam - firstly welcome to the board.

I suggest you read my historical posts and then you will be more informed.

Scallywag - making Tidswell the messiah is also not healthy considering his terrible track record.

You only progress if you learn from your previous mistakes....twice now not having back up equipment. Very sloppy indeed.

I've also been honest with my critiques regarding operations and the BOD. And I'll continue to do so.

Scallywag - Whatever are you talking about?

All of Angus headaches have been caused by Tidswell inability to run operations.

Sidetracking from the wrong well which is unheard of.
Managing to upset OGA, EA and SCC. OGA even dragged him in to give him a dressing down.
Delaying Brockham EWT by 18 months...should have been finished by now.
Didn't order critical back up equipment for Lidsey completion and delayed by 4 months. Crashed SP.
America 2030 debacle. Crashed SP

Who else would still be in a job making just one of those mistakes. In the oil industry the answer would be Nobody.

Angus needs somebody who knows what they are actually doing.

Cor19n33 - yes I said its totally illogical for shutting down operations over Christmas and you said it was to give the rig crew time off with loved ones.

Great advice lol

Well if anything goes wrong....it wasn't me lol

Lightening doesn't strike twice.

https://twitter.com/Alan20171717/status/1093850147073581058

https://twitter.com/Alan20171717/status/1093851120303104000

RA - where have you been for the past several days. It was reported on here days ago that equipment was leaving the site.

I suggest you read the posts and get up to speed...before posting.

Scallywag - I would say the lead time for waiting for the replacement completion equipment to be available prior to being installed in the completion string. This can take weeks / months depending on what is required and when the order was placed. I would imagine some if not all were ordered in December.

Also need to wait on the rig being available.

Finally require OGA and EA to sign off on the final completion string proposed by Angus (as Tidswell said that still hasn't been finalised). Angus are required to produce the schematic with the exact subsurface components and depths before the OGA and EA will give the thumbs up.

So it makes sense to send all the well testing equipment away. I'm surprised it wasn't done before. If it was for cleaning then they would have done that weeks ago.

So the forward plan remains unchanged, seal off water zone with packers, install the correct completion string and flow the well before carrying out the EWT. The drop in SP is due to the delay in getting the required infrastructure / rig, as well as the 2 months delay which was not passed on to Angus investors. We should have been flowing the well from mid December, a full 2 months ago.

Folk need to remain patient as the time required to seal off the water zone and get the infrastructure in lace to flow the well is very short.

I'm sorry if some folk don't like me being honest and it interferes with their day trading, but these are facts. You can't one day quote me as an industry expert and then the next day as a trader lol. I'll give timelines and invaluable oilfield knowledge. Yes it's an unnecessary delay, but an easy fix.

Baits - back up rig?!?! lol

I suggest you reread my posts.

Now with Tidswell tweeting that he spent the entire day in the office to justify his 120k salary working on the water issue, the crane observed to be at Brockham could be the Slickline truck mounted crane which we have seen before. Now i haven't seen any photos or drone footage to say its the slickline crane, so we shall need to have it confirmed.

Carrying out slickline runs(s) will pinpoint the zone that requires to be sealed off using packers. Resistivity tool can determine whether its oil, water or gas. These measured depths from surface are required so the packers are positioned and set at the correct depths.

In the following link, scroll down to the very last chart and you will see the middle column in the header saying Resistivity. You can see how as you move deeper in the well how the resistivity curve changes when it encounters oil, water or gas. This is how Angus will pinpoint the water zone (if they haven't done already).

https://www.spec2000.net/14-contacts.htm

One example of isolating the water zone is:

https://www.youtube.com/watch?v=URl3igvmEyE

https://www.youtube.com/watch?v=_yklTlzh7FU