Member Info for ChasPB

Stockdale Securities Limited
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Would be nice if our "Nominated Adviser" decided to put out a research or information note.

If you don't shout about your clients achievements on days like today, when do you?

GLALTH

The water produced was not expected, the Company’s testing team believes a small high-pressure
water zone was intersected in the horizontal section of the well which will require isolation in the
future.

Currently, the testing team believes the water production is not from the main Kimmeridge
Reservoir itself but through fractured communication.

To correctly identify the water zone, a Production Logging String was run on coiled tubing. Unfortunately, the coiled tubing equipment supplied by a third-party service provider, failed after the second test resulting in a delay.

Subsequently only two flow tests were performed before the test had to be concluded due to
planning restrictions. All the collected data is being further analysed and the company will provide
an update in due course.

The Company believes based on the results of this 7-day flow test, it can isolate the water
producing zone and establish commercial production under normal pumped production
conditions.

=/< $14 p/b, and will reduce on high volumes.

BRENT Oil > $85.08 p/b and Rising.

GLALTH

BRENT OIL > $83. and Rising

Assuming barrel costs of $14, that's nearly $70 p/b profit.

All we need to do now is extract it - Won't be long!!!

GLALTH

".....got to get the oil first"

Its on its way, first sniff of some positive news and the SP will increase very quickly.

If its (RNS) before Markets open Monday morning, then Shorters will get burned.

Probably last chance to Buy/TopUp at this level.

GLALTH

End of full-year reporting period

Well Said Alan.

No doubt there are also Freight and Cargo trains running through the "Quiet" hours?

Well done Angus - Good Quick Reaction

Noise Prevention - Echo Barriers

1 hour ago

Angus Energy monitors its noise levels at Balcombe 24/7. All of our operations are within published planning conditions. Out of an abundance of caution we have installed ‘echo barriers’ to reduce sound produced even further below the agreed levels

Reference: https://twitter.com/WealdOilers

So with the Dividend being paid tomorrow, I assume the MM will raise the SP to take advantage when "Dividend ReInvestment" kicks in over the next few days to sell at a higher price?

Bergen (a/a 22/08) hold: 43,339,115 shs = 11.35%.

Would therefore think it may only be a % of their holding being sold (same as last month)

We have more Acreage, Weald Sweet Spots, More Mature Oil, 50% thicker, GRID connection.

We are testing at Balcombe

We will be producing at Brockham

These will be TRANSFORMATIONAL !!!

Wheres the man with the Drone?

Would be nice to have some footage as we seem to have a news blackout at the moment.

Are Broker notes still allowed?

Seem to think that they have almost disappeared since Mifid II.

But agree would be nice to have a positive note from the brokers.

CENTAMIN: Presentation: September 25, 2018 starting at 3:40 PM (MDT)

http://www.denvergoldforum.org/program-agenda/

Venue: Broadmore Hall
Time: 3.40pm

Thanks Jeffry for explaining,

Previously, i couldn't calculate how 7 days testing x predications = no tankers required.

Now fully understand.

GLALTH

Brent Oil > $81.52 and rising

(now $30 higher than 1 year ago when SP was 37p)

+ we now have Balcombe

Major Traders Are Talking About $100 Oil Again

Major oil trading houses are predicting the return of $100 crude for the first time since 2014 as OPEC and its allies struggle to compensate for U.S. sanctions on Iran’s exports.

https://www.bloomberg.com/news/articles/2018-09-24/major-traders-see-return-of-100-oil-due-to-u-s-iran-sanctions

From the CLG meeting 20th Sept (Unconfirmed)

Angus expects to receive sign off from the Environment Agency and the Oil and Gas Authority (OGA) within the next couple of days and will immediately start their 7 day flow test after that.

https://www.frackfreebalcombe.co.uk/latest-news/first-community-liaison-group/

Balcombe Email: community@angusenergy.co.uk
Balcombe Tel: 0203 974 2991

Call to talk to ANGUS about this directly - Dedicated line!!!

Brent Oil $80.28 and Rising

Can only be good for us.

STARS are aligning for this week - GLALTH

small hour before Markets close for the week

long 2 day weekend to get Balcombe site fully prepared to commence testing

RNS needed (Monday before 8.00 - hopefully) to ignite this SP

Last chance to be positioned where you want to be at these SP levels.

GLALTH