Member Info for kn0wles

Quick

Because the directors are not concerned about a quite rise in the share price that they can quickly sell into, they know the long term strategy and potential.

And here come the director buys, I'm just glad I first bought in cheaper at 17.5p on the day of the 1.6b announcement, very happy to hold long term here as the potential is huge.

Stokey, read the RNS again "The Ministry of Defence (MOD) has selected Team Resolute, comprising Harland & Wolff, Navantia UK and BMT, as Preferred Bidder to build support ships for the Royal Navy with a £1.6 billion contract (before inflation)." HARL has not been randomly picked out of the hat without prior checks by the MOD.

Worth noting again, this is already a previously established well, so the foundations are already there and there is no need to concrete/set any new foundations as they are already there, pipework instalation at most would be required during/inline with drilling the new side track, which assuming successful removal is done?

The only reason they would be pulling pipe now if not already hitting the target would be to change the drill bit. As per tweets we know the milling of the carbon steel side wall was milled on the 7th November when the drill bit was changed to the 8.5" tricone bit as per 8th Nov tweet, the tricone bit is used for drilling rock so we know they are through the C/S tubing sidewall and they are progressing next stage which we know is to drill 1m into the target zone, the next stage is the clean up then testing period. Given the above I'm assuming drilling is complete and we are now in a clear up which involves I stallation of vital equipment, connection to the grid etc, this is part of the clear up and takes time, it's not just drill connect and done, the drilling is only one phase.

Angs pulling the pipe out in the morning, does that signal the end of drilling?

https://twitter.com/angusenergyplc/status/1592151612969177088

"No conclusions have been drawn" but I'm quite sure at this point they have a pretty good idea and the fact Adam Minto has resigned tells us so, in alot of instances they are ofter pushed too.

Any idea as to the nature of the visit Gav?

How ironic Misasol, is that an admittance?

It tells me you should take it before you lose it all, don't be left holding the baby.

It's on the London Stock Exchange website so it has officially been released.

https://www.londonstockexchange.com/stock/ANGS/angus-energy-plc/company-page

Someone is confident, plenty of buys coming in and news is due on spud anytime, does someone know something?

"Together they intend to drill for oil, not through fracking but using more conventional Texan-style drilling methods"

https://www.telegraph.co.uk/news/2022/10/01/will-new-lord-lucan-strike-oil-sussex/

Enzo, they have been posting progress on Twitter if you have not seen the updates see below link. Thier last post was yesterday and everything appears to be coming together so we should see a completion RNS at some point today or tomorrow.

https://mobile.twitter.com/angusenergyplc/with_replies

Not to me it doesn't, both the bid and ask are still climbing.

"Well that is the gap on the chart filled"

Like it Jarv, that gap was like the Grand Canyon, took a few myself as a small punt.

If it has Warren Buffet's backing then who am I to say otherwise, I'm in. And not too long to get that second well at Southwark in production either.

https://www.heraldscotland.com/business_hq/23066490.sharp-exit-gas-explorer-boss-north-sea-well-setbacks/

Some decent purchases by emoyees right there, if only they had some sort of inside knowledge to help make an informed decision.

As some predicted director dealings RNS just released.

I'd buy that for a dollar.