Member Info for ineed2know

not to top up if you can at these prices

so where has he been for 6 months ? an was he paid a salary or not while he was away? not buying it was someone else,s cock up.

having a go at PV but wasn't it tidswell who was site manager an supervising the drill ? management still need to prove themselves as far as I am concerned. if this problem is so easily fixed I will give em 2 months to fix it if we don't start seeing progress by then I am gone been here from march 2017 an jam tomorrow just doesn't cut it anymore for me.

good news according to the application on page 14 if the well proves to be productive further planning permission would be required( MINERALS AND WASTE APPLICATION MO/2018/0444) page 14 para 6 If appraisal
testing reveals that hydrocarbon resources could be extracted economically, this would require
further planning permission.
if this is the case good news we just need an RNS with details on how mind blowing the good news is. fingers crossed.

is vonk was interviewed an promised results BEFORE Christmas did an RNS stating expected to be completed before Christmas . what do we actually get RNS calling for a suspension till the 7th jan no explanation no updated time frame NOTHING no wonder the sp is drifting.....this feels its so incompetent it has to be deliberate but what benefit could he or the company possibly get from a lower sp? im so confused an getting frustrated, more each day there is no news. people say nothing as changed ect ect maybe that's the blummin problem nothing as changed!! YET.

plan to make HH a production well by the end of 2019 a little optimistic. I would expect more like 2nd-3rd quarter 2020.

does no news become bad news? how long do we give vonk to give us some / any sort of update. getting impatient.

if you all remember the sp reached 34p on hype an presumption lidsey was about to produce 400 bopd falling back to 21p before disappointing news. brockham I hear numbers anything from 750-1200 so I would presume the sp to react the same but in multiples of the 400 bopd we saw at lidsey depending what brockham actually produces since HH initial results just 5 mines away people are talking even higher numbers than before.
whatever the results (except from a duster or less than 300bopd) the sp as a long way to go angs have stated a conservative estimate of 750 bopd to the scc but also applied for extra traffic to the tune of 24 tankers (12 each way) a massive increase each tanker can hold 200 barrels so we have capacity for 2400 bopd plus 2000 on site storage.
do your own sums an tell me if the sp is at the moment is worth a punt or not.

will there any indication as to how much gas is separated an will this gas be collected an sold on? I understand if for no other reason the gas can not be burned off for environmental reasons just considering how profitable the gas could be. all talk is about potential oil I see no information regarding gas volumes at balcombe.

voting for either of them kinda hurts :-
with vonk we get the drip drip dilution an progress is painfully slow every time the sp looks like it could start to rise he dilutes taking out any fizz for us investors to enjoy .... why dilute when he does ? why not dilute after the sp as had chance to find new levels. he promises time scales that never materialise thus plummeting the sp further at which point he dilutes!!!.an as far as keeping the investors informed an updated rarely he is happy to do interviews an speculate schedules. why cant he update the website with a monthly blog or something not expensive an very little effort to do . over all I don't think he is malicious just very poor at his job. 3.5 / 10

tids is also a bad choice for most of the above plus he more than happy to put forward 2 people with less knowledge than himself to run the business. one whose privileged an experience with oil an gas an the other who knows more about liquidating / dissolving a business that proves anything he touches literally turns to C*AP !!!! one more thing he is happy to short his own company for profit not directly he takes a loan out using his shares as equity an lets them do it for him intentionally or not I don't know I would not like to say vonk never informed us of the results of the investigation. but at best it shows ignorance of the basic rules at worst malice towards the share holders. 1.5 /10

ANGUS has got to have bags an bags of potential an has got to have a good chance of succeeding that's why you never see a mutiny (coup) over a sinking ship.

the issuing of another 3 mill shares issue is too similer to the amount tidswell lost last year 23 mill kinda makes me feel angs screwed up by confirming the sale in the first place maybe that's why rob shepherd resigned maybe hes the one who screwed up an signed it off. I know id be miffed if I was tidswell an want payback for the inconvieniance. hence the power struggle we see today.

I mentioned this very point earlier never expected the sp at these levels soooo close to news confirming we will be producing 1365-1500 bopd . I already topped up ealier expecting this to bounce today then news within next 7 days.then watch this fly.anyone topping up today will be considering it a gift.

seeing the sp bounce?

totally agree who would have thought we would see these prices this close to news ITS A GIFT FOR SURE !!!

is obviously because of the Jonathan Tidswell share fiasco last year having the 23 mill shares returned and funds coming from angs bank account to ay for it. I personally would like a more detailed explanation regarding what actually happened at the time an who was to blame an why we the share holders have to pay for the blunder now.

if this is actually the case it as no baring on the prospects of the company as a whole an everything still looking great in the near future.

Brockham Update



Further to the Company's Operations Update of 19 December 2018, the commercial flow test programme at the Brockham Oil Field resumed on 4 January 2019.



Prior to shutting down operations for the Christmas period, the Company perforated the BR-X4Z well to provide communication between the reservoir and the well bore. Logging was carried out confirming the perforated intervals.



A standard stimulation programme to bring the well into production, similar to the recent successful operations and testing programme at Horse Hill, is in progress.



An analytical update on the targeted pay zone, the Kimmeridge Layers of the BR-X4Z well, will be provided in due course.

so we have confirmation we are looking at 1,365 bopd for brockham @ $60 = £3 mill in 40 days + fast tracking baolcomb = more revenue.

just means the drill cant be finished as quick as the bod thought it would be before the xmas break. we just now know the drillers get 2 weeks holiday over xmas. good for them.

the difference between ukog an angs is route taken to get where we are .... ukog opted for a land grab grabbing as much of the weald as possible early on. relying mainly on dilution to fund it. hence 5.5 billion shares. an 2 years before production.the slow route.
angs however opted for a more targeted route concentrating on the most optimum wells already or close to production early on,hence less dilution 381 million shares an imminent production.
from an investors point of view the only way ukog can get to production is most likely yet more dilution over the next 2 years.or sell off less promising acquisitions its acquired.
which company do you think will be most likely to be king of the hill in 2 -3 years time.?

I remember waiting for lidsey results an sentiment boosted the sp to 30p on rumors/expectations on 400bopd right now we have an bolcombe expectations of 1500 bopd an same again at brockham . so where should sentiment take us now?

I have to agree past 12 months what held the sp up was lidsey an scc at brock. lidsey needed 400 bopd to make this company self sufficient. personaly I always suspected lidsey may not live upto all the hype as I felt it may have been too far south just outside the goldy lock zone.brock is the main reason I invested hear the problems with the scc where frustrating to say the least but given the results at HH just 5 miles away I always had faith an I stuck it out. at the moment we have a plus an minus plus being the results at balcombe that more than doubles the 400 bopd we need to be self sufficient alone.so anything else is pure profit for the company so angs is in a win win scenario already with brock still to come the only thing stopping the sp from flying at the moment is Bergen anchoring the sp down an at the rate they are disposing there shares not for much longer as soon as they pass the 3% threshold ....an don't forget it could take a week to report that they have,.then there will be nothing to hold us back.the question for me what will happen first Bergen gone or brock results come in? either way angs the sp will never see these prices again.