Member Info for Ja51

The only thing Angus will be exploring is the next way to get finance! .............and who the hell is going to offer it to them??
LL's city chums won't be to keen after seeing the massive drop and if they do at what discount.
So possibly they will be exploring the plughole as they go down it!!!

Charlie
Maybe it's a lack of fact-checking and basic research that has leed you to your alleged 5million shares in this outfit!
Have a look at the attached and see if it tallies with GL blaming Vonk for not going to Balcolme on the CC.
Either he was fibing or he is woefully uninformed. Either way not good.

https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/735423/Application_Variation_Decision_Document.pdf

and It's Sunday, not Saturday night!..........lol

Will1734
I would say a placing on or around Brexit day!

Don't think you'll need to wait until the new year for that placing!

Questions were also asked regarding the Company's immediate financial commitments at Balcombe and Brockham and Managing Director George Lucan noted that the Company's recent equity placement and offer to shareholders included adequate provision for both sets of works and additionally that the Company's cash resources were presently sufficient to meet all reasonable liabilities in the forthcoming months.

Interesting
https://www.doriemus.co.uk/wp-content/uploads/2019/07/20190717-DOR-Board-Changes.pdf

It could well be that JTP had to resign From Angus energy weald basin 1,2 and 3 to get the OGA approval through. (not highly thaught of after drilling the wrong hole at Brockham and his share dealing shinanigans). Angus Energy weald basin 3 signed the deal.
He is still a director of ANGUS ENERGY HOLDINGS UK LIMITED.........WHY???

Why do you think JTP (has been sidelined?
He is still a director of ANGUS ENERGY HOLDINGS UK LIMITED (A subsidiary of Angus energy) and who do you think the Other Employees 6,600,000 share options are for?
https://beta.companieshouse.gov.uk/company/SC366110/officers

Fred
JTP mentioned in his investor's interview that supplying electricity back to the grid was dependant on having capacity at the local substation. Possibly with the volumes, you would be talking about this would be a none starter?

https://drillordrop.com/2019/07/11/angus-conference-call-kimmeridge-oil-not-mature-at-brockham/

https://drillordrop.com/2019/07/11/angus-conference-call-restrictions-on-water-reinjection-limiting-uk-onshore-oil-and-gas/

Quote.....EA Injector well new rules causing Major issues for all onshore UK producers (Andrew Hollis).
Lidsey no Injector Well.
Brockham Injector well licence revoked.
Balcombe only one well and injector well will be required!

This will cause long delays and may a prove terminal if the timescale is into the years.

UKOG include a dedicated injector well in their plans for HH I note!

Which building are you referring too? Angus has so many addresses in different legal jurisdictions its hard to tell where he will be. Probably not the serviced office ( registered office) in Chiswick though!

Whats he showing him? The bunker the BOD are going to be hiding in after the CC ??

Could you put some meat on the bone inverstorsmart?
IF and its a very big if how many BOPD would Angus need o flow to just keep the lights on 100...200....150/250 ...300 bopd ? Mr Vonk in an interview that If Lidsey produced 150 a day on a site with a FULL PRODUCTION LICENCE with that would pay their way, that was a couple of years ago and a lot.
Add to this Balcombe is far from a production licence and Angus only have a 25% stake, yet all the costs moving forward (£3 million approx to drill a well) its hard to see how your figures stack up?...........and Angus won't have anywhere to dispose of the Water cut to boot so a good chance if big numbers where to be hit they would need to drill an injector well to the new EA standards also another £3 mill at Angus cost!
Now how many BOPD will they have to flow after drop off to make Balcome commercial for Angus let alone Quadrilla.

DHC
For once we agree! There's no way you will get answers to those questions from the CC. They would simply not answer them!
It doesn't make them any less valid though!!

Enjoy your break................with the money you have taken out over the last few days.

Jacksdad
I think you need to seriously do some more research on this share. The price is where it is purely based on the facts.
- "Many suspect the companies true value will start to appear in the next few days/weeks"..... (not in the direction you think though) and in that time the BOD will take their unjustified wages £1.3 Million (last accounts) and the company will lose circa £9000 and a day based on the last figures released. Lidsey is only producing 13 boepd (last figures for March released on the OGA websit) and is uncommercial on those figures. Balcolme won't produce any income again if it produces for at least 9 months being generous. The Gas deal has yet to be signed of by the OGA and in all likelihood will be Jam tomorrow at great cost and then de-commissioned as the current owner planned. and that's without most likely having to De-commission Brockham at great cost or paying someone else to take it on.
So you are right this will find true value!

DHC
Questions need to be submitted by tomorrow afternoon. It would seem perfectly normal on most chat boards to discuss questions that could be asked.
Questions like why ii the company is trying to restore PI confidence do they continue with the charade that JTP isn't sitting at the top table. He signed of on the accounts for Angus energy weald basin Ltd 1,2 and 3 and Angus holdings Ltd in March this year. Angus energy weald basin Ltd 3 is the entity that signed the agreement for the gas deal!

I don't need to do anything DHC.

Did you look up what impairment and carrying cost are?

Question 3.
Could you tell us the reason for not responding to the multiple Environment agency regarding the Re-Injector well at Brockham?
Was this incompetence or is there a serious issue with the well which is why the requests weren't dealt with. Could you also confirm if you know longer pay the £50,000 per Annum to the landowner for the Water injection rights to the well?
Could you also qualify where water produced at Lidsey is currently being disposed?

Moi....Negative??........ what possible reason could I have
It was actually one of Gl's first decisions/f*** ups.... and a schoolboy error as they didn't have the relevant permissions in place.