Member Info for BigBear2

Yup if we flow 1k here this will go nuts.
Probably a big ask so I think even 300 bopd will give a bag here as currently Brockham is priced as non commercial.

Zzzzz
I invest mate low as I can and wait....end of.
No other ids
The simple fact is we have 20 percent of an asset that flows between 1 and 3 k bopd and that’s huge.

They have revised the application and are working with the committee.
What’s up mate your short not working as planned?

Soon as done here off to Bacombe with same test equipment.....

8 February 2019

Angus Energy Plc ("Angus Energy" or the "Company")

Balcombe Well test & Holdings in Company

Angus Energy Plc (AIM:ANGS), a leading UK conventional oil and gas production and development company, announces that it has submitted an application for an extended well test at Balcombe to the UK Oil and Gas Authority (the "OGA") in addition to an HSE ("Health and Safety Executive") Notification under the BSOR 95, Reg. 6.

The operation at Balcombe is planned to remove all remaining wellbore and drilling fluids from said well and leave the well ready for extended long term production prior to submitting a Field Development Plan to the OGA and agreeing such with the local planning authority. It will also allow the utilization of the current well testing package from Brockham.

Short term test was granted. THey have now applied for a 240 day test , which needless to say will generate huge income...we could easily be sat at 10-15p after brockham and double that on Balcomd...

Is an absolute beast...
Market seems to have forgot this....
The Balcombe-2z well produces from a single Micrite Layer, just one of the Kimmeridge Micrite Layers. During the initial flow period, the well slugged at up to 3,000 barrels per day which had to be reduced as it exceeded separator operating capacity.

3000 bopd but equipment could not handle it.....absolute monster onshore well.
Forget everything else this alone is worth multiples of current mkt cap.....

I agree with this, but challenger is not till q3, so a while to go

Let’s be sensible here!
We have just had a fair size placing this will take a while to churn.
So it’s a case of average down or buy around placing level....then hold.

If he gets all debt with no equity I will be staggered considering the weak bargaining position

From the MD&A
The companies short term operations will focus on closing a financing for the companies further operation.
My take is some debt with equity....

So on 31 March COPL had 900k usd cash
We are now at mid May....
There literally must be nothing left.
Let’s hope he has got alternative finance

Just rinsing those who bought around 3.85 out not many left by look of it

Confirmed bars packed in city

Dukas-1 exploration well drilling circa 1,275 metres (1/3 to estimated total depth)

It’s on the central petroleum website

Plus 2 more of same volume, sp holding well considering

Big dump 40 grand

3v1

Handbreak off

Over heavy buying taking place