Member Info for B2HS2L

In an effort to re-invigorate the petition, please consider posting the
below text onto the bulletin boards of your other share holdings.
Particularly non LSE boards.

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This is to make you aware that a petition to ban shorting of
London AIM stocks has been started.

Consider signing the petition if you agree, - deadline 04.09.2019

https://petition.parliament.uk/petitions/242399

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This is to make you aware that a petition to ban shorting of London AIM stocks has been started.

Consider signing the petition if you agree, - deadline 04.09.2019

https://petition.parliament.uk/petitions/242399

https://petition.parliament.uk/petitions/242399

Note 4 September 2019 deadline.

ChasPB - Your wish is my command.

Caution required here I think.

1 Currently Non Board Operations manager, responsible for bringing oil to surface.

2 At time of share dealing he was the Managing Director, ultimately responsible for all activities of the company.

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Look at Tidswell's twitter account.

He picks the subjects he wants to advise others about, but NEVER responds to any questions on twitter.

04.02.2019 Twitter:

Very happy and relieved George Lucan wants me and the company to constantly engage and keep investors informed. It’s all of our money..... Think investors would actually have more rights to information than they do

08.02.2019 Twitter:

Not being involved in operations for over 6 months now means needed to fill in a lot of gaps.
As I am sure people are aware operations where not done as I would have liked.

So he virtually admits he's been on gardening leave since leaving the board..

OK Yanis,

I think the BoD satisfied themselves that company rules had been broken, and acted by removing
Tidswell from the board, and made that punishment suffice.

To report the issue to authorities risked having regulators investigate the company, when there
was a chance no AIM rules were broken.


If it were me, I would build part of the case on the Quoted Company Alliance document,
because the company has signed up to this voluntary code,
and some of the items are very relevant to the argument.

Last line repeated:
Under 'Investors' tab, - Company Information - Angus Energy Articles of Association.pdf

Yanis, Re your : Can anybody else add to the list of possible wrong doings?

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Maybe not wrong doings Yanis, but some activity relevant for research as follows:

The specific content of RNS's are required if you make an official complaint,-
any study checklist might include:

RNS - 06.07.2018
Angus Energy announces today that, following the recent PDMR disclosures,
Jonathan Tidswell-Pretorius has stepped down as the Company's Chairman
with immediate effect, in conjunction with which, Mr. Tidswell-Pretorius will
no longer serve as a Director of the Company.

RNS - 06.03.2019 Tidswell share dealing specifics:
APPENDIX ONE: - Timeline for share dealing activity and disclosure.

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Broker and Nominated advisor changes since Nov 2016, - why were Stockdale Securities
found to be unsatisfactory? :

RNS 14.11.2016 - First Day of Dealings:

Beaumont Cornish Limited is acting as Nominated Adviser and Optiva Securities
as Broker to the Company.

RNS 03.09.2018

"Change of Adviser

Angus Energy plc (LSE:ANGS), a conventional oil and gas production and development company,
is pleased to announce the appointment of Stockdale Securities Limited as its
Nominated Adviser and Broker with immediate effect".

RNS 29.01.2019

"The Company has also, in conjunction with these Board changes, appointed Beaumont Cornish
Limited as the Company's Nominated Adviser and W.H. Ireland Limited as Broker with immediate effect".

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The Quoted Company Alliance (QCA) Code, available on the website under the
Investors tab is pertinent to Corporate Governance.

Under the same tab is Corporate Governance, a 1 page screen.
Prior to resignation (10.01.2019), Rob Shepherds name featured prominently on this page.
Lucan updated this screen soon after his appointment,
and a post of mine dated 09.03.2019 is relevant on this subject:

"And behold - Take a look at the 'Corporate Governance' part of the ANGS website,
- all the new names and responsibilities have been inserted.
- Good man George, he actually cares about the subject."

So he should, as his appointment also mentions
"Currently training for the Advanced Certificate in Corporate Governance with the Governance Institute".

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Two non-executive directors have left since Lucan's appointment:

Rob Shepherd (10.01.2019) left for reasons unknown.

Chris De Goey, (resigned 06.03.2019) -

"At the same time I owe great deal of thanks to our outgoing non-executive Director
Chris de Goey who is leaving us to pursue a full time managerial role in the oil and gas field."
in an RNS of the same date.

I always felt Vonk had a handle on JT-P's wrong doings and vice versa,
and that is why Vonk had difficulty finalising the internal share dealing investigation.
I have no proof.

The Quoted Company Alliance document might prove a good start for any official complaint,
particularly the first page.
Under 'Investors' tab, - Comp

correction: I fear the new approach to communications will NOT bring better / swifter responses.

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I found the following in an Alba presentation concerning weal oil prospects. - It brightened my day -

Kimmeridge Shale:

Estimated Unconventional STOIP for Limestones and Shales: 10 Billion Barrels

(Schlumberger, Aug 2015)

If there is confusion or disagreement between the partners as to the best way
to proceed at Brockham, then I am hoping that Clanwilliam has some contacts
in USA that can give some suggestions and guidance.

We don't appear to have anyone keeping watch from the Bushmen at Brockham
- all is very quiet, so do we know all there is to know about site visits or equipment delivery?

gkb - something material concerning Brockham they need to disclose. -
That was ignored in January, resulting in drone images to get news,
I fear the new approach to communications will bring better / swifter responses.

Take-over had crossed my mind, but have never observed or experienced one.
Does radio silence on all subjects often occur, or only sometimes?
I would expect there to be radio silence on the gas field anyway.

I think you have omitted Balcombe in your thoughts.

Charlie, I recently had this discussion:

Alan2017, with respect to the problems encountered at Brockham in January, and the work-arounds performed after
"several key completion components failed for a variety of reasons beyond the Company's control".
In your opinion, is there any reason to believe that communication with the fracture system present in the Kimmeridge Clay Formation has been hindered or degraded to any degree?

Alan2017 response:
I don't see any reason for there to be any communication issues with the fracture system. I did find it interesting that that they perforated just the shale.

Broadford Bridge I believe had sustained damage to fracture system.

I hear what you say about Lenigas Scally, although I had thought of Alba being potless.

Anybody trying to delay, or not being able to proceed is likely part of a decent partnership agreement , - but it may take some time to enact.

I'll drink to that, but a date would be better.

Yanis, with respect to the Bushveld RNS you link to, IMO the statement that placed the writing
on the wall for the shorters was
"The Company will be releasing a Mineral Resource and Ore Reserve update imminently",
implying a positive change to sp.

If Lucan can come up with an equivalent, we have some ammunition.

If the gas field deal goes through, any replacement for Lucan could be a Gas specialist, - like Clanwilliam.
That might alter a few priorities, and JTP would be miffed.

Lucan thinks he is adding value by raising funds and agreeing a deal for a gas field that has orphan wells.
Not everyone agrees that is adding value.

Until this deal is signed or parties walk away from it, there is no hope of focusing attention on Brockham.
Is it possible there is a regulatory or permit problem we are unaware of at Brockham?

Lucan thinks Mcap will bouble if a gas field deal is signed.
I think it might improve a little, but gas cannot flow without >£1.7M of piping / equipment
installed, so the wells are orphaned.

If the gas field is only for sale to an Abandonment Operator, I assume that makes them Angus's 49% partner.

Lucan is looking for an early decision, but "due diligence, regulatory consents, legal opinion and execution of legally binding agreements" indicate solicitors and government bodies are involved.
I'm not expecting them to panic for anybody.

Done deal? - more like 75%.

Thanks for your timely response Alan.

Alan, with respect to the problems encountered at Brockham in January, and the work-arounds performed after
"several key completion components failed for a variety of reasons beyond the Company's control".
In your opinion, is there any reason to believe that communication with the fracture system present in the Kimmeridge Clay Formation has been hindered or degraded to any degree?