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Yanis Balcombe at the moment is being over shadowed by Saltfleetby and rightly so as Saltfleetby is producing. Balcombe on the short tests they did had flow rates of 900 and 1500 barrels a day with slugging at 3000 barrels a day on the 900 barrels a day there was a 22% of water cut and on the 1500 barrels it was 6%. I remember the excitement when the RNS came out. Any onshore Oil Company would be over the moon with those set of figures. Drilled in the Kim sweet
spot there could be millions and million of barrels of Oil down there. If they do get the go ahead to test it some more over a longer period I think it will make people sit up. A very good licence to be in I would say.

Yanis, I have no idea when it will come but it can not be long now. This is the trouble with the authorities they move so slowly. I can not see why it would not be granted as the county planners recommended it, it was just a few green councillors that thought differently. Rees Mogg must put his money where is mouth is and give it the go ahead. There could be millions of barrels of Oil at Balcombe.

Money going to Angus with every one sold. If I was GL I would not put out an RNS about flow rates till they are nearly all gone, they would only dampen a share rise on such news. But getting an RNS that Balcombe is a goer would do fine.

ok ok, I topped up well why would I not.

If they go to 1.95/2.00 Then I will stick another 5 grand in. Grandson said go for it grandad

Biggish buys there and MMs totally ignored them and drop it on small sells as they do.

Do you not mean the installed compressor not the plant

Time we had an RNS on flow rates, maybe the MMs might get it then.

Thank you Yanis much appreciated. No I could not keep away I gave it a lot of thought and decided to get back in with so much news to come, I put 15 grand back in, but I am keeping the rest of my profits just in case GL blows the plant up lol with all this Gas flowing. I made my money on Saltfleetby but I have this thing in my head that Balcombe will get the go ahead and will be producing Oil long after Saltfleeby as run out of Gas. I have my eldest grandson standing by in the background with orders to keep the shares if I pop my clogs till the share price gets within 15p/20p then he can sell them for the rest of my grandchildren. Well that's the plan lol hopefully I can sell them myself. If things go **** up at least I will come out on top either way.

It seems the warrant's are holding this back at the moment I would expect an RNS later this week. But even so it is more money in angus coffers. Any news on the flows Yannis today.

No BV, I did not put that much in saving the rest for my Gas bills lol.

Bought a few this morning at this price, can see this being up quite a few points on Balcombe news alone. Plus RNS on flow rates. I would be silly not to. Money where mouth is, good luck everyone invested here.

You all know that Saltfleetby is nailed on and is producing. The next big thing should be Balcombe and it should be talked about, in a four day test it flowed up to 1500 barrels a day and slugged up to 3000 barrels a day. Angus are the operator even if they only have 25% of the licence so I do not think any fracking will be done, with those flow rates I see no need for it. They did mention water at 22% but the flow rates where recorded excluding the water in the RNS but that could be reinjected back in to the ground. To be slugging at 3000 barrels the pressure must be great and once the flow is stabilised it could be producing 800 barrels a day that is 200 barrels a day to Angus, just think how that will effect the share price. Ok it will take months for this to happen but people getting in now at this price will in the future reap some great rewards. So yes there is no need to just be concentrating on Saltfleetby Angus have a great portfolio on their hands and can only in time become a very large company worth millions.

If this was the only licence Angus had GL would be calling it a game changer for Angus. Share price should go up a few points if news comes out soon that they have permission to test it again. If that happens I will be back in like a rocket with after burners at full thrust.

Horses Mouth, covering the edge as expected, now HITS are you going to call GL a liar or are you going to shut your mouth and do a runner.

Weald Basin given the 568m thickness and highest maturity of the Kimmeridge layers. Regional work by Angus has established that the Kimmeridge micrite layers encountered at Balcombe can be regionally correlated across to both the Brockham oil field and Horse Hill, where in 2016 UK Oil & Gas Investments PLC and their partners announced ex
cellent flow rates from the Upper and Lower Kimmeridge Micritic.
Look at the thickness of the well 568 Meters now that is as big as they get.

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ald Basin given the 568m thickness and highest maturity of the Kimmeridge layers. Regional work by Angus has established that the Kimmeridge micrite layers encountered at Balcombe can be regionally correlated across to both the Brockham oil field and Horse Hill, where in 2016 UK Oil & Gas Investments PLC and their partners announced ex
cellent flow rates from the Upper and Lower Kimmeridge Micritic.

Howey1927 Balcombe is about 12 miles from Horse Hill just think about it. The Oil coming from the Kim at Horse hill is about the same API as it is at Balcombe 34% Light Crude. The flows at Horse Hill are low compared to what came out at Balcombe but I believe Balcombe is the feeder well for Horse hill and the surrounding Kim area it could be huge. Brockham I believe was just out of the area to produce from the Kim which I believe is about 13 miles from Balcombe. This is just my personal view of course.

I personally believe that Balcombe is the feeder well for all the Kim layers as it has been said the sweet spot. It could be as big as Whinch Farm with 50 years of production. Just my personal opinion. I have always thought after the short tests they did and getting up to 1500 barrels a day and slugging at 3000 a day with Light 34% API Oil that Balcombe is under estimated. So I will put my money where my mouth is if they get the go ahead. Here's hoping I am right.

No Yanis2005 I am not, but I am considering to put 20 grand back in, half of my profit if they get the go ahead for Balcombe. With Balcombe in the bag, Saltfleetby, Lindsey workover and Brockham workover it will be very tempting. What ever I do I will be in profit so not such an headache as it is for some who are locked in.