Nice break for they guys on the ground while pressure builds up again in the well.All going to plan.This is not a test to see if Oil is flowing this is a test to get the best commercial flow rates from the well.
Angus Energy plc (LSE:ANGS), a leading UK conventional oil and gas production and development company, NOTIFIES. Yes they just notified that they have started.
People wanted to know for the last two days if they had started the well tests well now you know.RNS is just letting those PIs and to stop worrying is all going to plan.They have nothing else to report just yet, lots of other work to do .
A big wad of placing shares to show up later,MMs dropping it below the price of them shares, then whack it up again after they are through.They win both ends whatever they do.
If flowing they will not open it fully as not to damage the well, they will take their time and so they should.Could be a couple of days before we know anything but worth waiting for.
if you could twitter how we are doing nothing to dramatic,something like sorry guys but the bonuses for the team over Christmas will be very high but we can afford it.
Think on it guys if oil flows at Brockham which it seems to be or they would not be allowed to work at weekends which they are doing.BB is nailed on to be a producer at some later stage,I am sure they will get it right the next time they visit.
I do not usually predict what the share price will be but if it flows at 3000 barrels with 65% to Angus this could end up an 8 to 10 bagger from here.Mmmm that would be nice.Yes I am doing exactly like everyone else DREAMING.