Member Info for DoneK

BOOOM!

Ruth over at DOD is going gung ho at ukog
She must smell blood

they have evacuated the boiler room due to the high temps!

George said there would be 2 new board members, PF and another.

as the European parliament has reclassified Gas as environmentally friendly, Ruth should be shouting from the rooftops about SFB coming online!!

would WG state Ruths position here pls.

she should state she is anti oil and gas
as should the aforementioned merchants of doom,
instead of the **** and bull about saving mug punters etc etc

anyone noticed that the "INDEPENDENT" Journalism at drill or drop hasn't mentioned SFB at all recently.

I hope the boiler room has soom mechanical ventilation in it, not only is the weather hotting up but so is the interest in angus before first gas.

What what..haha

thanking the merchants of doom for making angus the most posted stock today.

hahaha BV!

wheres WG, she was on here earlier rabbiting on about something.

someone suggested a support group for the merchants of doom when we are producing, it will be needed for sure.

exactly BV

the boiler room crew are within a few RNS's of getting the sack!

It was massively accretive and not dilutive at all. We acquired the 49%, which by the October P90 valuation was worth c.£25 million, for £14 million. We won’t call it the deal of the century, but it is an outstandingly good deal, especially when you consider that the average forward gas price in that October 2021 CPR has almost doubled today.

It is difficult to do the sums easily, since our own market cap prior to the announcement was only £17.5m (at 1.28p) and barely reflected the October CPR valuation of our 51% interest let alone potential (and now at Brockham actual production) at the southern oil fields. A decent estimate of 100% of Saltfleetby (just on the lower October CPR) and, say, just £10m for the oil fields would yield a value around the £60m mark and give a price per fully diluted share of nearer 2.5p. With current prices, the sky is the limit.

First sales next week

sidetrack to double production

brockham portland reperfing to treble oil production

new directors to come on board

6 million to bring in new projects

interesting times for angus

once more for the merchants of doom! read and weep

Progress is good and we expect to complete these tests and verifications before Monday 18 July 2022 at which time live gas can be introduced to the plant, if not before. First Gas Export into the grid (commercial sales) will be made under the offtake with Shell shortly thereafter. Anticipated production during Q3 comfortably exceeds the hedge amount as advised on 28 June 2022

The merchants of doom must be upset!

The flare was using LIVE GAS,
Unless it was gas from the merchants of doom having their grannies meeting nearby by, it would mean the wells are flowing!

One RNS to confirm and the merchants of doom will be silent

for years the following link was irrelevant as we were not producing

but this week, it will become our go to chart for our cash generation!!

https://www.theice.com/products/910/UK-Natural-Gas-Futures/data?marketId=5101975&span=3

Tygra
absolutely no problem with your view,
the cpr was based on 65p/therm
if that is your long term price for gas then yes the 1.95p sp is bang on.

It was massively accretive and not dilutive at all. We acquired the 49%, which by the October P90 valuation was worth c.£25 million, for £14 million. We won’t call it the deal of the century, but it is an outstandingly good deal, especially when you consider that the average forward gas price in that October 2021 CPR has almost doubled today.

It is difficult to do the sums easily, since our own market cap prior to the announcement was only £17.5m (at 1.28p) and barely reflected the October CPR valuation of our 51% interest let alone potential (and now at Brockham actual production) at the southern oil fields. A decent estimate of 100% of Saltfleetby (just on the lower October CPR) and, say, just £10m for the oil fields would yield a value around the £60m mark and give a price per fully diluted share of nearer 2.5p. With current prices, the sky is the limit.