Member Info for ChasPB

£350m raised at £5 per share

BRENT Oil $73> and Rising

Makes the Oil in Place (ground) even more valuable to ANGUS, wont be long before its out

Can't believe there is so much Negativity on here by supposed Shareholders.

You were given a timeline, which started 3 days early (nobody moaned then).

Water successfully isolated, Plugged and Rig taken down and demobilised, on time (noboby moaned then)

Well test equipment being ordered between 8th May - 22nd May, and now expected to arrive before 29th May, on time. This may have been planned all along as its Half term week and therefore restricted hours may not apply.

We have NOT fallen behind (So get behind the company)

If you have a genuine concern Contact Angus:
T/Number: 020 8899 6380
Email: info@angusenergy.co.uk
or use the Website connection of: http://www.angusenergy.co.uk/contact/
or via their Twitter account page: https://twitter.com/angusenergyplc

R R R - I bet there are quite a few LTH's that were here in 2016 (3 years ago) who haven't let go yet.

and If Brockham produces and the SP rises, how many will continue to hold for Balcombe in the hope of the SP Doubling or Trebling again?

and then maybe the same again if the GAS field produces?

All of a sudden 2 years have passed and its 2021 so nearly there

And hopeful to Start Paying Dividends in about 3 years.

Now that's Forward Planning

So Fred, why didn't you BUY your share requirements today @ 4.07p (current price) rather than paying 4.25p?

I would agree, the Cover Page has a date of April 2019.

also comparing Slide 4 which shows 458,944,208 shares a/a March, today, same page on website showing 538,092,932 shares

My guess is that it was available on a certain date, and as we started phase1 3/4 days earlier, so the start date for phase 2 got longer estimation?

OR

They forgot to add on the 3 day Spring Bank Holiday W/end at the end of May?

2019 Annual General Meeting on Tuesday 21st May @ 1.30 p.m.

Hopefully it will be Webcast or Conference Call so we can listen in.

A few shadows hanging over this so maybe an update on:

PRA and FCA regulators probing into Metro Bank.
What is the latest situation? Is the Bank expecting sanctions or a Fine?

Court Cases - Class actions, are these being considered still against Metro Bank?

75+ Internal Job Redundancies/losses - What is the latest situation?

Rights Issue - When and Price?

Why are those directors who have responsibility for this Accounting Fiasco still in office?

Think I would like to know more about the above before buying anymore Shares.

B2HS2L "Noon on Friday 24 May 2019 is the deadline for receipt of open offer applications."

Just be aware:

My Brokers deadline is 22nd May, so as to give him enough time to prepare responses from all his clients for 24th May. not only acceptances, but also if you want to be considered for Extra shares .

To clarify the RNS regarding Brockham:

Under EA/HSE/OGA regulations, hydrocarbons are not allowed to be produced to surface at Brockham from the BRX4Z well without adequate process / well testing equipment in place.

Once the well test package is in place, a flow test will be carried out and only then will we know if BRX4Z will flow commercially.

All we can say at this point is that we are "VERY HAPPY" to have successfully isolated the water from the well.

At 4p this is a bargain (When they're gone, they're gone)

BBC reporting:

The rise in oil prices amid tensions in the Middle East has lifted the shares of UK oil majors BP and Shell.

Shares in both companies are up by about 1.4% so far today.

hopefully, One day Angus will be part of that group

Also understand that cost Savings have started in Head office

75 jobs under threat in Commercial Banking + Business & Commercial Lending Operations + Credit Underwriting teams

Yet those who have the responsibility for the problems still employed.

AGM should be interesting!!!

Baits, think you earlier Calculations were near to the mark, just forgot to mention we only have 65% of Brockham

I calculate that:
BOPD = 500
OilPce = $45 (= $70 - $25 costs)
Profit P/Day = $22,500
Profit P/Day 65% = $14,625
Profit P/Mth 65% (30 day av) = $438,750
Profit P/Year 65% (30 x 12 av) = $5,625,000

I believe the SP would increase by approx 20p per 500 BOPD

you now have the luxury of time on your side.

If you are reluctant (as many LTH's are) to invest more funds, albeit at 3.95p ish, you have approx 10 days to get some more news (perhaps part 1 of Stage 2). If the Sp rises to 5p or 6p you'll be glad to buy at 4.25p

Frank, re-read Section 3 of todays RNS

“Work to isolate the water, reperforate and recomplete the well was completed as scheduled on 7 May 2019"

Also now hearing that there are to be Staff Redundancies at Head Office in next month.

Staff paying the price for this fiasco

Work to isolate the water, reperforate and recomplete the well was completed as scheduled on 7 May 2019.

Great ..... on Timeline

Wolfie - JPT Salary (was 120k) currently 90k

Apologies (will try again) - should have mentioned Page 25 on below link

http://www.angusenergy.co.uk/wp-content/uploads/2019/03/13C_Annual-Report-2017-2018website.pdf

Wolfie - JPT Salary (was 120k) currently 90k

http://www.angusenergy.co.uk/wp-content/uploads/2019/03/13C_Annual-Report-2017-2018website.pdf