The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
From Angus website (investor questions), no disruption to production for sidetrack which is due to spud in the first 3 weeks of July;
Can the company please confirm the sidetrack schedule please. Asked on 30 May 2022
The precise spud date has not been set but is expected to be in the first three weeks of July.
Will the SFB sidetrack be drilled with continuous Gas production or will the gas production plant be turned off for the duration of the drill? Asked on 5 May 2022
Subject to final satisfaction of internal risk assessment SIMOPS are planned – i.e. simultaneous drilling and production. These is not an abnormal choice and indeed is common in far more restrictive areas such as offshore rigs. The plant when fully up and running benefits from a state of the art fire and gas leak detection, rapid blowdown and full set of monitoring and control instrumentation connected to a PLC as well as a full complement of alert operators.
From the Angus Website (investor questions);
Can the company please confirm the sidetrack schedule please. Asked on 30 May 2022
The precise spud date has not been set but is expected to be in the first three weeks of July.
Will the SFB sidetrack be drilled with continuous Gas production or will the gas production plant be turned off for the duration of the drill? Asked on 5 May 2022
Subject to final satisfaction of internal risk assessment SIMOPS are planned – i.e. simultaneous drilling and production. These is not an abnormal choice and indeed is common in far more restrictive areas such as offshore rigs. The plant when fully up and running benefits from a state of the art fire and gas leak detection, rapid blowdown and full set of monitoring and control instrumentation connected to a PLC as well as a full complement of alert operators.
more kit arriving;
https://twitter.com/angusenergyplc/status/1519957528490254336?cxt=HBwWgIC99bXU_JcqAAAA&cn=ZmxleGlibGVfcmVjcw%3D%3D&refsrc=email
According to ICE, 224.5p
https://www.theice.com/products/910/UK-Natural-Gas-Futures/data?marketId=5253319
From google this morning; UK natural gas prices settled close to 300 pence a Therm in the first session of April, following a 75% surge during the first three months of 2022 fueled.
Unless I am mistaken, should the calculation you made be; 20.625M X 250p (or 300p per Therm) = £51.5M not £5.15M?
Whatever happens, I am hopeful the share price will be well north of here very soon. I hold just short of 6million shares and look forward to a great return on investment :)
GLA ANGS shareholders.
His total investment is ridiculous. Does not exactly instill confidence
Hi all Fellow Argo holders. As per my post this morning, I sent a message to Argo (on their website contact is option) regarding the Boatman report. I was pleasantly surprised to receive the following reply and link to Peters update. Great communication again and very quick to dispel the bad publicity;
Thanks for your e-mail.
We are aware of this report and understand your concern. We are proud of the level of transparency and openness we have with our shareholders. To address the H1 results, ePIC update and the report, CEO Peter Wall has released the following video on YouTube.
Onwards and upwards.
We are proud of our dedication to transparency, and encourage all to visit our FAQ section and our investor relation page to see all press releases. As well, we maintain regular communication via Twitter.
Regards,
The Argo Team
Hi Delacey, I have been able to access the Discord chat group twice, but both times access is lost (not sure why - do you have to post regularly or lose the access?)
Can you add me again please, my Discord user name is erdb#2431
thanks in advance.
Not sure what is happening with the Discord group. Delacey added me again yesterday (erdb#2431) Today the access has gone again.
Delacey, can you please add me again/send another invitation code? Thanks in advance
Me too, I was on the Discord group but now not available. I have sent many friend requests to Delacey#4558 from erdb#2431 but still no success to restore my access again. This is a shame, as there seemed to be much more information without the blatent rampers/dereampers. If Delacey sees this, can you please send me the invitation again to erdb#2431