Member Info for Alan2017

gkb47 - without sounding rude....thats another companies luxury. I'm just focussed on Angus here.

Starbright - you might find most folk on here are purely interested in SP......as thats all they talk about day in day out....not the PE ratio.

I know thats your forte, but how many times can you rehash a post and repost it? That was a genuine question.

DoneK - I would definitely sell a percentage of my shares and then reevaluate.

gkb47 - well if you had read my historical posts then you will know I'm quoting from Vonks interview ....even told you the time to play it from.

Well I do this for a living...as well as being a Private Investor.

Crikey folks...walk before you can run.

All these mega SP calculation is giving me a nose bleed.

Now who would be happy with 50p for one of your Angus shares.....no calculations required....simple transaction.

Plus I get to retire ;) lol

Why are we expending so much energy on a share valuation spreadsheet? Just clogging up the board.

Focus should be getting back and exceeding the highs of this time last year....38pence.

GKB47 - well you must have used those test production rates at HH in your decision to buy Angus shares?

Captain Stanley - 1,000bopd is 25% less than what HH 2016 from just the Upper and Lower Kim.

Brockham has the correct sized hole (as in optimum production) compared to HH.
Deviated.
Used the corrected drilling fluid while drilling through the reservoir zone.

I have not included the additional hydrocarbons from the fractured interbedded shale between the Limestone as Angus is perforating a 200m / 650ft zone ...which is 4 times what HH did in 2016.

Thats why I use the word conservative when I say 1,000bopd.

gkb47 - 1,000bopd is a conservative figure for Brockham with depletion even taken into account based on HH 2016 well test. You can find more information in my historical posts.

Starbright - no where has itsallaboutme 'attacked' you.

Can we all agree the SP should rise from its current position? lol

It's done now.....BOD, major share holders and II have enough to pass it.

So now no more noise to interfere with Brockham .......count down is on.

itsallaboutme - I gotcha. Thanks for the explanation

itsallaboutme - Vonk has since revised the Opex to $25....not sure why its jumped up that much, but thats what he said in a recent interview.

Best option is for all the Weald Companies to stay independent otherwise share holders get screwed.

Why do we always talk about mergers and acquisitions just as it gets interesting?!?!?!

And more importantly....wow.....look at that rerate!!!!

Penguin - its actually much harder getting a FDP onshore...something to do with folk living next door to it.

You can't rush due diligence.....HH is a Greenfield site and Brockham has a Production licence already....hence jumped through more hoops.

If you would like to continue this then I will gladly jump over to the UKOG board....as I much prefer talking about the SP rise on here.

Just let me know

Penguin my feathery friend - putting it simply ...its much easier once you have been approved for a production licence and are in the club...then its just a case of a Addendum to the existing production licence.

Brockham is classified as a PEL.....HH will be....just not producing from Kimmeridge for 2 years

Thats why Brockham was drilled as a Kimmeridge producer well.....HH was not. It was drilled as an exploration well hence why the hole size through the Kimmeridge is too big, vertical and you used the wrong drilling fluids (seen any skin damage?). Once you get your results ...then yes you will drill a Kimmeridge producing sidetrack.

Also why OGA insisted Angus install a gas to wire generator and not use the flare.....because thats right....Production sites work to higher standards, whereas as the appraisal well at HH can use the flare.

Why would a UKOG investor be on the Angus board? Mmmmmmmmm lol

Should read More Equipment going in

Well I've already predicted a possible perf date....

Need to see more equipment arriving all this week

JA51 - I think you had better check your contract......looks like you've been granted 3 years Loooong sigh

And what stipulations are there against well BRX3?....over to you my dear lol