Member Info for Ibug

I bet Angus don't issue a new CPR if the price of gas goes down. Amazing how the mugs always fall for this type of RNS. The PI's at ANGS have not fallen for it by the looks of it.

https://www.google.com/finance/quote/ANGS:LON

Average price of Brent in $ each month for the year.

Oct-20 40.47
Nov-20 43.23
Dec-20 49.87
Jan-21 54.55
Feb-21 61.96
Mar-21 65.19
Apr-21 64.77
May-21 68.04
Jun-21 73.07
Jul-21 74.39
Aug-21 70.02
Sep-21 74.60
Oct-21 I'm guessing about $83

Works out at about $62 so imo cost of sales will exceed revenue again. HH-2Z is more important financially than Turkey imo as at least we know the oil is at HH.

Don't forget POO at $86

wizard
Probably because I don't give two hoots. I am quite happy with the modus operandi of SS and KM running the company giving me the opportunity to make money. They are obviously quite happy coining it in as well.

I don't remember Lenigas or Strang giving any notice.

MR NICHOLAS JOHN MARDON TAYLOR is very close to propping up the daisies imo. A varied career.

https://find-and-update.company-information.service.gov.uk/officers/NDE3T8V5W41dpFA9RQ0i-Hcoj2E/appointments

Judi Dench supports fundraiser for legal action against Surrey oil drilling

HTTPS://drillordrop.com/2021/10/24/judi-dench-supports-fundraiser-for-legal-action-against-surrey-oil-drilling/

Having said that @SallyAnneOil is more of a queen.

wizard
The EA permit decision is 2 months overdue. Do you think they are in consultation with the OGA hence the delay?

StopStart
Why when he has HH-1 Kimmeridge still there? Would be far easier producing from both at the same time as they did previously.

Investigation: “Significant” methane emissions recorded at UK onshore oil sites

HTTPS://drillordrop.com/2021/10/23/investigation-significant-methane-emissions-recorded-at-uk-onshore-oil-sites/

wizard
SS reckoned it would be an extra £1m to do that during the appeal.

BDF 28 is SORN and no MOT. Last seen on the road at Lidsey, 2017) and then on fire at HH in 2019 (piggy back).

"The Appellant also considers that there is not a sufficiently large and powerful rig presently within the UK to drill the trajectories required. "

I would hardly class BDF rigs 28 and 51 " large and powerful" and they have drilled Lidsey X-2 and HH-2Z. Smokescreen imo. Nothing difficult in Loxley-1 construction after all. Basic well imo.

It only takes about 10 weeks to get the pad ready and about 6 weeks of drilling for Arreton-3 looking at the MD. I make that 4 months so I'm guessing it is more about MONEY, MONEY, MONEY. AGM is about 6 months away.

I don't know why. Only 2 onshore wells have been drilled in the last year and they were at WEST NEWTON by the same rig which did not come from BDF.

Oops. I had forgotten the area factor.

wizard
Who cares? They have done quite well not paying for their share of HH so far. Why should the IOW be any difference.

wizard
You said "there" share of the licence not their share of the appeal.

Dorimous. Their share of the licence fee is p'nuts. Under £10 as it's only the 6th year into the end date.

He who pays the piper calls the tune.