Member Info for Ibug

MASTERINVESTORS aka youknowwho

Reported for the 2nd time today. Read the RNS

You obviously read the report in the dark or you wouldn't have missed the April funding of over £3m.

We will have April and what we had of May to add to the coffers. Those figures were only up till 31 March.

Financial Calendar on website

30 June 2018 Release of interim results

I must have missed the bit about work being carried out at Lidsey in May and June. They would normally have a bit about it in the "subsequent to the period end" section.

WTF

In March 2018 the Company resumed continuous production from the Portland Reservoir via the BR-X2Y well at the Brockham oil field, as well as from the Great Oolite Reservoir at the Lidsey oil field from the Lidsey-X1 in February 2018. Following replacement of the Lidsey-X2 pump in March 2018, the Company has three conventional wells in production from its Lidsey and Brockham oil fields but, given ongoing work to improve production levels, with certain days of suspended production. The Company will update shareholders as and when material changes in current production rates have been achieved over a consistent period.

Financial Highlights

On 23 November 2017 the Company raised gross proceeds of £3,000,000 through the issuance of 23,076,924 new ordinary shares of £0.002 each in its share capital.

On 9 February 2018 the Company raised gross proceeds of £2,000,000 by way of private placing of 33,333,334 new ordinary shares of £0.002 each in its share capital.

On 23 April the Company issued a £3 million unsecured convertible security at an interest rate of 0%

Oil sales during the period was approximately £34,000. of which £19,000 was recognised by the group. A total of 706 bbls produced related to the Lidsey-X2 well test, therefore not commercial production. Daily production recommenced on 31 March.

Any rise over 10% and the dregs of society appear out of the wood work and post every time the SP goes up 1p or 1%. The filter list is getting quite big now. It does make you wonder if they notice every time the missus puts on a few extra pounds and what they say then!!!
If we are still producing over 200bopd the SP should be 13p imo so I have taken every opportunity to load up under 6p.

imo that's the last of the Bergen shares gone today.

27/06/18 H1 air quality assessment Issue 2.pdf (545kb)

Updated today. I'm not going to read 28 pages to find out what the differences are though.

Not sure if these two requests have anything to do with the delay. They are the latest I could find.

Documentation used to determine the financial resilience of Angus Energy
Response by Infrastructure and Projects Authority to Sue Taylor on 27 June 2018.

CABINET OFFICE REFERENCE: FOI326490 Dear SUE TAYLOR Thank you for your request for information. Your request was received on 26/6/2018 and we are...

Angus Energy's provision of insurance information to OGA
Request sent to Oil and Gas Authority by Sue Taylor on 26 June 2018.
Awaiting response.

Please provide a copy of all communications between OGA and Angus Energy, detailing Angus Energy's provision of the company insurance, to include...

ChasPB
They don't put the documents on display until they have been approved. That is why there was such a delay in the original application last year not appearing on the site until January.
I raised the same point on the 14 Jun '18 when they were added.

Reply to Mole Valley issues raised at planning meeting has resulted in a host of documents being added prior to the SCC meeting next month.

Are we seeing the last of the Bergen shares yet?

Updated: 21 Jun 2018 at bottom of page.

It certainly said 11 July this morning.

It is an Estimated date.

It has got to the stage that do I really care!

Ce qui sera sera

ignore my post. prempunn post already removed.

But no sign of you going short and making a profit then? Typical troll imo.

If you checked more often you would know.

Moskvic2

Start here and work forward.

RNS 15th Jan 2018

The Company will re-commence production from the Portland Resevoir via the BR-X2Y well at Brockham in March, as well as the Great Oolite Resevoir at Lidsey from the Lidsey-X1 well this February. This, combined with existing production from the Lidsey-X2 well and expected production from the Brockham BR-X4Z well (see below), is expected to give the Company a total of four wells in production in Q1 2018.Â

Further to the Company RNS 23 October 2017, the installation of a connection to the National Grid for selling on-site power generated from associated gas production is in progress, contracts have been executed with a scheduled completion in March 2018.

Subsequent to the Company RNS 20 November 2017, the Company has completed its review of initial flow rates from Lidsey-X2. The installation of a new pump to optimise pressure differentials and maximize production flow rates will be completed in February 2018.

As a shareholder best to DYOR.

slowness in awareness or as we in the trade say; retarded,

Unlike the website which is still not fully fixed!

Could be up to 3m left depending on how they have been offloading imo. If we don't get any trades over 1m in next couple of days we will know why.