Member Info for Mirasol

Last time the Govt sank the whole project to store gas there Ocelot

Alarming absence of her messages saying she'd quit this board if we didn't reach £1 by year-end - a non-stop facet of his/her post for the first 5 months of the year

JustBe is right - years ago I read a n article - I think it was the head of Equinor/Statoil

"People want the maximum amount of energy at the flick of a switch. They want it as cheaply as possible and they want it produced as far as possible away from where they live and work".

the so-called "loop-hole" is simply a matter of timing - and he's started it from the day of the announcement 9as with other taxes) not the date of the Finance Bill - which will be later

Couldn't make it up!

Wonder when it'll be adapted to ta TV mini series - and who will play JTP, Vonk & Lucan??

I suspect the reaction to the Windfall tax is overdone here - the company is in a better place than it was 12 months ago, the main risks (a single well) are the same, and it is still going to generate a lot of cash.

the question is will CA approve any expansion or are they happy to just take the cash out (after tax) and sell what remains when they wind up their fund?

"dou mean you hope the ukog gov doesn’t fund UKOG"

The Govt will not fund ANY oil company - it would be electoral suicide

They will not fund a company who wants to annoy their core voters and funders in S England

They will not fund an insignificant AIM oiler

"Why does Skwizz keep finding story's that are over a year old to promote , "

becasuealmost nothing has happened inteh last 12 months?

Turkey - no
Loxley - no
BBr - no
HH - falling production
new ventures - no
production guidance - no
management interview - no

I think OM was likely to be after the summer anyway

"By the time the tax is due we will have many more millions of £’s in the bank from a few more uplifts"

Correct - but an extra 25% of that will be earmarked to pay the tax due to the Windfall tax - that won't be available to do anything else unless they do something relatively quickly

Alarming absence of her messages saying she'd quit this board if we didn't reach £1 by year-end - a non-stop facet of his/her post for the first 5 months of the year

" the RNS of 24/05 signalled,"

That leopards can't change their spots nor can this company ever achieve anything on time or to cost

They also gave all their +80 years worth of data to the Onshore geophysical Library for free - which shows just what they thought it was all worth

BP got out of the onshore decades ago - long before the LAST windfall tax

" where have the other 100+ million shares they're meant to have received gone, then?"

Not a 23 year old Polish American lady again?

"UKOG's 100 barrels a day "

We should be so lucky - it was 60 bopd 3 months ago

"Followed by Government Funding. Gla."

ian - the Govt are raiding the oild companies for £ 9 BILLION - they aren't going to fund UKOG

"once the tweet stating wet commissioning has begun is out"

It was all supposed to be finished by Tuesday IIRC, and before that end of March and before that.............

"I read this as Union Jack Oil will not be affected very much as we will be ploughing profits in to "

There goes the divi, the share buyback etc

Oh yes
e) how many companies are going to bid for SFB /ANGS and when