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Just slip Robert Jenrick 10 grand, he'll sort it.
Maybe because some idiots start to panic and claim there's something wrong if they don' report them?
I think it's the same as people starting to panic when it's been more than 5 minutes since the last RNS...
Seriously Penguins, your desperation to make everything look bad, and put a negative spin on every single thing is utterly pathetic.
You must be a riot at parties *rolleyes*
I still trying to figure out what a supposed lack of news has to do with creating more dilution (especially given that any dilution is announced... via news).
These boards are frequented by some very curious folk.
Maybe you should make your own investment decisions then Ninetails, rather than relying on other people?
Because their market cap is a paltry £8m now after their (somewhat suspicious) disaster with Brockham, and they have fewer shares in issue than we do?
The share price is irrelevant though. ANGS having a higher share price doesn't mean they're "worth more".
They have a higher share price simply because they have fewer shares in issue... ANGS is only "worth" £7m
ANGS' market cap is £7m... not exactly worth more than us is it?
argus1, actually I think it might make them even worse... there will be a lot of bitterness/resentment/jealousy over there going forward!
Oh... there was me thinking the well test was continuing through the drilling of HH2.
When did it end?
Captain Stanley... It may not have come to much in wells where ANGS were in charge, but at HH they've produced 25000 barrels.
BB had well discussed (and now well understood) issues... it was after all the first Kimmeridge layer well to be tested, so was always an experiment, and UKOG are planning to return to it... so they're obviously confident about its future.
If the phrase "risk mitigation" doesn't fill you confidence, I wonder what you do every time you plan to cross a road......
You know full well that the 220 bopd rate is a deliberately restricted flow rate.
All this talk of extending HH2 down to the Kimmeridge to "investigate how to get it to flow sustained oil" is not at all what is said in the RNS.
Captain Stanley, you seem to be trying to alter what was said, presumably to put some sort of negative slant on it.
The wording in the RNS says that while they are "very confident" about the performance of the Kimmeridge, they are extending a "pilot bore" to Kimmeridge from HH2 for "risk mitigation purposes".
It sounds to me like they are planning for a worst case scenario, similar to what they encountered at BB, in that if something does go wrong with HH1z, (the perforations get blocked, the well bore gets damaged, whatever) they will have a ready drilled bore hole in HH2 that they could carry on from, rather than having to re drill another well completely.
This seems a completely sensible plan to have... as they are already going to be drilling a well, to take the opportunity while they have the rig and the funding, to drill down to the Kimmeridge as a potential back up if ever needed.
Actually, it never made any sense to me that the plan for HH2 was to stop at the Portland... The Kimmeridge is where the vast potential oil lake is, so why not take every well bore down to it? If HH1z goes well, I can see them using the "pilot bore" in HH2 to get a relatively quick and easy second Kimmeridge production well.
No getting it out? What an idiotic comment.
Did you miss those 250+ tankers leaving the site?
Yeah, live bid/ask is 1.00/1.05
Getting a stake in ANGS itself now, would give us exposure to Balcombe I guess...
Interesting idea, but surely a massive risk?
Ouch.
I don't think DHC read the caption to your photo Pboo...
He obviously doesn't pay much attention if he thinks that's what the surface at HH looks like! Good Lord...