Member Info for Mirasol

". So may I suggest that UKOG dig a big hole and pump their oil into it and the water will be at the bottom :))"

I believe that method was actually used in the Texas and in places like Nigeria

the EA would go ballistic - and the cost of building the open air tank would be massive - plus of course it requires Planning Permission. And you still have to dispose of the water - which is thoroughly contaminated with remnant oil

Actually Sefton they only need 51% to get rid of the BoD - and if anyone picks up CA 's shares they are well on their way

so why is the SP falling Tony?

so they're not advertising for 6 posts Mogger?

How many people do you think are currently in the DMR?

"The chances of anyone buying this thing at anywhere above this 7.7p offer - which may or may not be real - are low indeed. There is the oil price risk (though there is definitely upside potential there too), there is geological risk and then there is the certainly of an absolutely useless leadership team (chairman, CEO and CFO)."

Anyone who buys the whole company will axe the BoD instantly - keep on the techies but the rest will be gone overnight

"Hi Pboo. Thanks for providing that very useful link. I can only assume all the field data is from the operators themselves."

https://www.nstauthority.co.uk/media/5572/oga-pprs-help-guide-v5-april-2019.pdf

The OGA’s Petroleum Production Reporting System (PPRS) collects monthly data from the
reporting of hydrocarbon production from both onshore and offshore fields and terminals in
the UK Continental Shelf (UKCS). This data is submitted by operators to PPRS via the OGA’s
Energy Portal1 and then placed in the public domain on the OGA’s website after two months.

"Well said Mira. A rather pragmatic and helpful post!"

No point in being stupid Howey - I try and tell it liek it is

I see there re people on here still trying to say they news will come very soon - they are clearly day traders pushing a spike. Lucan has said how long it will take, and it may be a few days more. Drilling horizontal wells is not simple

"A deramper's lot is not a happy one - it's not easy constantly to preach a message of negativity."

Much easier to take UKOG's silver and post nothing but support

I've asked this before and you never answer

Do you trust what SS tells us?

good spot - but SIX new jobs- that's either everyone there is leaving or a (relatively) massive expansion. The whole place is/as in a small house sized office currently

"Poor old Uncle must really have some sleepless nights. Mind you...did he really care ? Not from what I was told."

But Heid! you were his biggest fan - you even made up all those lovely songs about what a great guy he was

"I thought 8 to 10 was what was reasonably expected for the whipstock or wedge to be lodged"

Expected yes but most people , looking atthe twitter pics and dates reckon they may have slipped a couple of days - nothing unusual - drilling on a working site is never easy

"Gas prices rising fast,"

Actually they're not if you look at the ICE

https://www.theice.com/products/910/UK-Natural-Gas-Futures/data?marketId=5351155&span=2

"So ocelot is a trader - alternatively is making the big mistake of not trading at all."

He's neither - I think we've established she/he's an EMPLOYEE - he only posts positive things about the BoD of ANGS and UKOG - he's clearly someone in their PR or brokers outfits

"Strangely may be in Hurs favour re potential purchaser as make UK tax front and centre and give increased focus to tax credits for non EPL profits."

It might be butt hey may also change the rules on using tax credits to maximise income. But the devil will be inthe detail - which normally doesn't seep out for a few days after the CHancellor grandstands

great minds GP, great minds

:))))))))))

"Why does Egdon not submit any production figures to the NSTA?"

I suspect they have but the NSTA is awash with the suddenly accelerated 33rd Round - reporting a few more barrels of oil onshore isn't a priority - plus someone has to add things to the database etc.

"And there you have it Mirasol/Penguins. Don’t lie and say they are shutting in the wells for good next time."

Show me where I said that Adrain.

IIRC I suggested it was the yearly mid summer work-over - which it was

"For those who do not understand , He is what you call a Shareholder !"

But a terribly reluctant one - he didn't buy a share for years and years

"The CEO has been loading up more shares every month for the last 11 months .. - vote of confidence...?"

We all know he was forced into doing it as otherwise there'd have been a vote to remove him #

And welcome Trader - no doubt if you look in the mirror you'll see a dozen of our other posters on here

"SS continues to run a very tight ship, almost 4 months on and there have been no rumours concerning the content of any discussions,"

he held a party and nobody came