RE: Vote Tidswell Out11 Jan 2019 10:28
Repost”. I have upmost sympathy for Paul Vonk as there is only one person who has created this utter mess�and that my friends is Jonathan Tidswell. This is a human chameleon who reinvents himself and all of a sudden his name expands 5 fold. A bit of research just shows for all the official paperwork�he is still called Jonathan Tidswell.
Vonks role is the financial side and Angus had a time frame of carrying out the Brockham EWT in Summer of 2017 after drilling it in January 2017. Angus business model designed around Lidsey new drill land Brockham side track. Sounds great�except Angus didn�t account for the Tidswell factor.
Brockham EWT would have been completed by now if it wasn�t for Tidswell. And because of that has placed financial stresses on Angus which intern resulted in placings having to be taken out. Imagine where we would be if things had progressed as they should have?!?! Loooong sigh
Tidswell screwed up by not doing due diligence on the wells when Angus took over. All it would have taken was a slickline run on each well which would have verified which well was which. Even sitting down and reading the paperwork would have pinpointed the correct well to drill from. Who knows perhaps he was busy playing polo, but Angus drilled from the wrong well. By breaking the rules Tidswell managed to alienate the OGA, EA and 2 county councils. It is virtually impossible to upset the OGA and EA�.but Tidswell did it.
Outcome? 2 year delays for Brockham. Brockham EWT would have been completed by now if it wasn�t for Tidswell. And because of that has placed financial stresses on Angus (lost guesstimated oil revenue from EWT) which intern resulted in placings having to be taken out. Imagine where we would be if things had progressed as they should have?!?! Loooong sigh
Well Plan B was the other project at Lidsey, but when they encountered gas lock while trying to get Linsey to flow. Did they have spare critical parts? Of course not. And who�s overall responsibly is it to make sure production will not be interrupted by not having spare parts on the shelf? Tidswell. That took 3 months and killed the SP in November 2017.
Then we get some great news about moveable oil in Kimmeridge from the Lidsey test and the SP should rise? Sadly it didn�t due to Captain America for some out of the box illogical decision to get greedy and loan his shares to make a quick buck in another share. Tidswell damaged the Angus brand with his sheer greed and stupidity. And in doing so crushed another SP revival. He is forced to step down from the BOD and as CEO, but is still awarded 2 million free shares after all this?!?! lol
He even had the audacity to post a tweet saying �A good day for me and Angus Energy. �..and a big chunk of shares back!! Happy Days� It�s truly astonishing that he would even post that afte