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I wish I was on a free carry how have you managed to do that!

Hangover of placing shares, hopefully soon to be gone.

Overhang from placing shares at 4p. Once these are cleared and in stickier fingers this will move up.

Maybe YA need to buy back those shares they forward sold LOL.

Placing shares added to the market tomorrow. Hopefully this might stop the forward selling and mean they hang on to them causing the SP to rise. Would be lovely to see some tankers coming out of Balcombe over the next few weeks to give the SP a boost off these all time lows.

We already know it will be a few months or more before equipment is back at Brockham. Hence why they have moved their focus to Balcombe. Why would the SP drop below 4p when we have no YA and no shareholders who own shares below 4p? We have just had extra funds put into the kitty so there wont be another placing for a while. Therefore your post is completely pointless except to fill the board with garbage and deramping.

Did make me chuckle.... Lucan buying off Vonk or maybe another BOD soon to be announced?

I think Baits as I said earlier that they confirmed that oil from the Kimmeridge was present at Lidsey. Therefore showing that the Kimmeridge was also present on the edge of the Weald basin. Nothing to do with flowing oil.

Thanks for clearing that up Alan.

Here is a perfect example Pboo of you taking the piss out of Angus and Brockham, really no need for it. Obviously you had sold way before this point.

https://twitter.com/WealdOilers/status/1092380821561004033

I can answer some of your questions but as for the pressure test I guess that will be done in the extended well test that they have applied for with the OGA....

The water issue was first thought to be a small section of water that had been perforated, however it is now believed to be brine also known as drilling fluid. So they will go back to clean up the well again and confirm that in fact the fluids are brine and not a water section that may have been perforated. They also need to log the well whilst they are there to gain more info for the FDP as the coiled tubing failed.

http://www.lse.co.uk/share-regulatory-news.asp?shareprice=ANGS&ArticleCode=ucsrzgig&ArticleHeadline=Balcombe_Update_and_Holdings_in_Company
http://www.lse.co.uk/share-regulatory-news.asp?shareprice=ANGS&ArticleCode=0xqp1a86&ArticleHeadline=Balcombe_Field_Well_Test_Result

Three big block sells of 500,000 shares at 1.45pm adds weight to probable forward selling.

There was no placing at 4.5p, it was Tidswell's shares being sold. But yes it rose to 7p pretty quickly.

My only logical explanation would be short sellers, forward selling of the placing shares for a 10% profit and Vonk. All speculation but yes just look at what happened last time this hit 4.5p when Tidswell's shares were being sold.

If we can convert the existing well (not sure if possible, Alan?) or drill a new well into the Kimmeridge at Lidsey that would be great. I suppose you would still need to get the planning permission to do so. Angus did RNS that Kimmeridge oil was found at Lidsey.

Nope all the BOD's fault. I said your tweets weren't impartial which is true if you just tweeted the facts I wouldn't care. I never say a bad thing about UKOG. Don't bring me into anything that I haven't said.

At least you are being upfront an admit you trade it, nothing wrong with that. You do lean towards UKOG though in all your posts/tweets so it's hardly impartial.

Excellent news Pboo so you wont be deramping and posting more negative tweets about ANGS on Wealds Oilers then! Until you sell of course!

Placing shares gone to "existing, new and institutional investors" any idea who these might be?

No way. Give it 6-12 months and we will have Brockham and Balcombe in continuous production. If we can achieve 1000 bopd each we are laughing and then may get taken over. All thats stopping this is planning docs and sorting out the water issues which are easily fixed, just need the equipment. Buying in the 4's is like printing cash, I love these opportunities cheers Vonk Lol, not so funny for those who bought above 10p.