56.25% Cuadrilla, 25% Angus Energy and 18.75% Lucas Bolney Ltd.
Lucas Bolney has the same links as AJ Lucas so a double whammy........................... More connected companies....who'd have thought it???
https://drillordrop.com/2019/12/11/cuadrilla-investor-fails-to-meet-fundraising-target/
OK Ocelot
My point is they all know each other, including GL and RL. I'm sure given an afternoons research you could pull up names that will link One of the multiple interconnected companies to Saltfleetby.
People including yourself claim that this is new management...Blah Blah Blah.....Well kinda but not really.... GL by his own admission was installed after a meeting with JTP and the Nomad who we can safely assume was Beaumont. (Later re-appointed)(See the DD article). GL was also installed as Non-Executive Director position at Challenger Acquisitions Ltd, who surprise surprise also is 12.5% owned by KNOWE PROPERTIES LIMITED Angus's largest shareholder. So no surprise GL won't get rid of JTP who got him 2 nice payouts. No wonder he thinks JTP is an honourable man or whatever he described him as, despite the vast information freely available to point utherwise. ( search Threesome and Elephant Polo) Two people who would most defiantly disagree!!
So what is the point of Having JTP looking for new prospects when its a pass the parcel from one connected company to the next anyway?
I think your Concert party has been in place for many years now!!
AIMO of course.
Ocelot following on from last night
From http://www.angusenergy.co.uk/wp-content/uploads/2017/02/Angus-Energy-NEX-Exchange-Bond-IM.pdf
9.10 JonathanTidswell-Pretorius was a director or partner of the following companies and partnerships which were put into liquidation, either at the time he was a director or within 12 months of him ceasing to act:9.10.1Angus Energy Eakring Development Limited was dissolved on 12September2014owing £78,059.31 to creditors;
9.10.2 Angus Energy Kirklington Development Limited was dissolved on 2 January 2015 owing £24,850.51 to creditors
;9.10.3JonathanTidswell-Pretorius was adirector of, and held 50 percent .of the issued share capital of Grafton Petroleum Limited(Grafton),from 6October 2004 until it was dissolved.On17 August 2011, the court made a winding up order under the law sof Scotlandandthe SheriffappointedDavidMalcolmMenziesofAthollExchange,6CanningStreet,Edinburgh EH38EG as the interim liquidator.Grafton was dissolved on 26June2013. The estimated total deficiency as regards creditors was £272,791.61.
............................................................................................................
WHICH LEADS YOU TO THIS........................
https://www.ukogplc.com/ul/Annual%20Report%20&%20Accounts%202013.pdf
Bottom of page 4 into page 5.
The whole thing is quite illuminating!
Mmmmm....... Egdon Resources plc....arnt they doing something with Union jack right next door to Saltfleetby????
Ocelot
Concert party Definition
"Ostensibly unconnected investors working in concert to make discreet purchase of a firm's shares. Each investor buys just enough shares to remain below the statutory level above which he or she must declare his or her interest. Their usual objective is to jointly accumulate enough number of voting shares to (1) manipulate share prices, (2) influence a firm's management, or (3) initiate a takeover bid. This practice is officially disapproved by securities watchdog organizations."
Well, we know now that they are hardly "Ostensibly unconnected" as Angus Prim, Dor, UKOG, Horse Hill developments and many more were listed in the same building. Directors of all these companies have direct involvement with each other including intimate Knowledge of Toxics 1st loan being written off when Angus sold HH as some were party to the deal!! He also received Dor shares for another deal, I can't recall which it was. Angus Also received many many multiples for the isle of white concession from Dor which Angus only paid £5,000 for?. (Some may wonder about the nearly £0.5 Million to Dor for Lidsey earlier in the year being connected but I couldn't possibly comment)
Now Given Prims directors are well known to the Angus Board and the Labrums own 19 % of Prim And Rupert 7.4% of Angus....................... The question again is what makes you think they are Ostensibly unconnected?
All information is available in previous company accounts and in NEX-Exchange-Bond-IM.pdf below
http://www.angusenergy.co.uk/wp-content/uploads/2017/02/Angus-Energy-NEX-Exchange-Bond-IM.pdf
http://www.angusenergy.co.uk/media/news/
New shares are now on the registar!
http://www.angusenergy.co.uk/investors/share-structure-significant-shareholders/
Please.... a big multi-national with bottomless pockets couldn't warrant the volatility.
Angus are forced to go to the market for funds to change the executive toilet roll FFS.....simply no finance or likely further finance to warrant this!
Again £1 for a reason
No, I'm suggesting that it was uncommercial at 58.29 otherwise they would have continued producing.
I'm guaranteeing its uncommercial at the rates from the presentation date in June 27.96 to that of the last reported figures 24.87..........even with the talented highly skilled management at Anguish......LOL
At the time the presentation was published Gas prices: Day-ahead contracts – monthly average was 27.96.
Angus have made their calculations @ 50.5
The last price supplied on the chart they have based the calculations on is 24.87
When Saltfleetby last produced in December 2017 the price was 58.29............more than twice that of today and they obviously weren't making a PROFIT AT THAT LEVEL!!!
All the figures are here.
https://www.ofgem.gov.uk/data-portal/all-charts/policy-area/gas-wholesale-markets
£1 for a reason
O and the http://www.angusenergy.co.uk/investors/share-structure-significant-shareholders/ page is blank so expect incoming news.
So I had another look at the natural gas price again. however this time i looked at the Ofgem figures that Anguish have presented in the presentation and it turns out I was actually correct Gas is Trading at Half what they have done the sums on.......So forget whatever GL has told you its completely out of date. (see below same graph as presentation slide)
https://www.ofgem.gov.uk/data-portal/all-charts/policy-area/gas-wholesale-markets
http://www.angusenergy.co.uk/wp-content/uploads/2019/06/Saltfleetby-Gas-Field-rev14.pdf
IVS
Im intrigued as to how you get your valuations?
How much Oil do you expect from Balcombe and Gas from Salfleetby are you expecting?
You may not have noticed there is also the £1 million diluttion starting in the next couple of days?
Hands up who believes the following on From The Lamburn buy in??? It would seem strange it wouldnt have crossed ant of their minds!
Can you please guarantee you are not going to delist and take Angus energy private in 2019 or 2020? Asked on 19 November 2019
Speaking on behalf of the Board we have not even discussed the matter. Our 100% focus is on making the business work rather than in depriving shareholders of value by acquiring the Company on the cheap as would be possible given the present share price.
Indeed Crocqman
"You do realise that it is VERY common for multiple companies to have the same registered address?"
I'm quite surprised that America 2030 Capital Ltd or Challenger Acquisitions Ltd GL's other Non-Executive Director position and also 12.5% owned by KNOWE PROPERTIES LIMITED arnt registered there as well.
There is a clear link between the Labrums buying Primorus Investments PLC shares 18 to 19% now at the same time as buying into Angus now 7,5%ish. There is a member on the Primorus BOD who Sits on Doriemus PLC board and for all we dont know if, Dor still hold shares in Angus. This lot are as thick as xxxxxx and have information that the likes of us can only dream of.
Now some could view this as good news and im really quite surprised Ocelot isnt shouting it from the rooftops??
So indeed WOW if you don't think new info such as this is relevant to a BB dedicated to the subject I suggest you hit the filter button.... it's at the top on the right!!