Member Info for asher7

Below Taken from a few investors posts a modified to give an overall picture with a few additions.

Oil price $70 - $25 operating costs = $45
$45 x 2,500bopd = $125,000 per day x Angus 65% controlling interest = $73,125 per day

So in 1 month Angus will have $73,125 x 30 = $2,081,250

= NO placement required.

UKOG (actually Angus did it for them) flow tested their deviated well in both the Upper and Lower Kimmeridge back in 2016

Upper Kim perforated 88ft observing 901bopd
Lower Kim perforated 80ft observing 464bopd

So they perforated 168ft and observed 1,365bopd

Angus are perforating 200m or 656ft of Kimmeridge.
That is almost 4 times what UKOG did. So at 2500bopd the figures above are not even 2 times UKOG figures.

Taking VONKs lower end estimate of value per 100bopd of £25M we get 2500bopd / 100 = 25.
Mkt Cap estimate £25M x 25 = £625M with no Debt...!!!!

Shares in issue approx 381M
£625M / 381 = £1.64 .!!!! Undervalued would be an understatement....!!!!!!!!!!!!!!!

And that’s from one well.!!!!!!!!I

Posted by iMac earlier on this morning.

Filled from Wednesday morning onwards and upwards

The main event is fast approaching. At #Brockham the exposure to the Kimmeridge zone is massive vs #HorseHill due to huge perforation that oil will be flowing from.

Anybody got the diagram, if so could you post it.

It's not showing on mine either, had this problem before.
Oh well my trading account showing it up so that's all that counts.
Cracking day again how gla

Lynthip haha a few formalities with the council made me laugh :-)

Rrr it's broken the 12.8 resistance which a few traders have been waiting for and obviously the news due has helped.
The fundamentals of this company are about too change and this could go in to the 20's very quickly.
Gla

Can't be far off now 12.8 getting weaker every time we hit it gla

Don't think so but this is aim, if it does every man and his dog will be topping up and thats including me gla

Look like they are in the sheet and sanctions could possibly follow.
Oil price should rise in that news.

Great start to the day again and shouldn't be long before the main event gla

Yes it's showing on my tablet but not my phone.
How well onwards and upwards.
Ps
I wonder how many sold Friday listening to posters that we would have another red day today.
I bet a few had to pay more to get their shares back,who's brave enough to admit it, anyway gla

Strange we ain't on it ?

Would appreciate it thanks

Any dips and I'm up to my neck in even more of these. Not many of these shares knocking around now with most being In sticky fingers.

Exciting times ahead, you can understand why some are getting excited and imo this is going to be massive.

Your ukog agenda noted ,we will keep rising in the next two weeks while ukog stays static with no production license for some time (years)

Lse having problems again !!!!! Can't login on my tablet.

A lot closer to the ask than the bid so I say it's a buy imo

£117k buy just shown up hmmm interesting

Can see money coming across from ukog soon they must be really disappointed with no real rise ATM and so would I. Like I've said angs is the one to take a position in at the moment and I will be taking a very big position in ukog sometime In 2019 when the time is right gla