Member Info for Mirasol

welcome Tellers - a new poster -

I wonder if you're someone we know...............

Kwarteng doesn't impress me - this Cabinet is has more stupid people than I've ever seen

You should note that document is the forward written by BoJo

the actual strategy doesn't mention onshore oil or gas nor fracking = usual all things to all men Prime minister I'm afraid

"Gaffney Cline have been working on the CPR for a while and need to just input the last numbers."

A CPR that takes over 6 months is a CPR in trouble - it normally means the Company and the Expert can't agree on what the published numbers should be. That's the sort of problem you get when you go to a REAL expert - they don't have to bend to any pressure from UJO.

"Come on, be honest."

HEID?????? HONEST?????

:)))))))))))))))))))))))))))))))

"also why is no one focusing on interested in parties after the asset "

GL said two in today's RNS and he doesn't sound very keen on them

" wonder how much will come out tomorrow in the UK Energy Security Plan that could help the likes of our Biscathorpe "

well that was easy - not a single mention of onshore oil & gas in the whole document

Ain't going to happen - not in the strategy = no Cabinet support

look at the RNS's every month

"Hmmmmm- NT only , can’t get a price even for a £100, shares, only one MM now at 0.13 p , soooooooo:-)) something is
up!"

Yeah - even the MM's have given up on UKOG

"Arthur Millholland, President & CEO, commented:"

Ah yes - the man who brought us OILEXCO

"Arthur Millholland was the founder and both President and CEO of the company which is contrary to best practice in board governance. Millholland has a reputation for super self confidence and was not noted for self doubt. the collapse of the Canadian oil company Oilexco into administration after investing circa $1.6bn since 2004 in the UK North Sea
provides some important lessons for the sector." Richmond Energy report 2009

Not a single mention of onshore oil & gas in the Govt's strategy

"Mirasol, so you admit a non producing gas field is an asset"

That its being worked on and it will cost £12 mm to bring back into production is a fact.

there is no money for Lindsey, Balcombe or even the totally dea d"A24 prospect"

Today, Mr Kwarteng said:

“Unless the latest scientific evidence demonstrates that shale gas extraction is safe, sustainable and of minimal disturbance to those living and working nearby, the pause in England will remain in place.”

MR K actually said:-

He said fracking in England would “take years of exploration and development before commercial quantities of gas could be produced for the market, and would certainly have no effect on prices in the near term.”

"ANGS has a cluster of legacy oil producing fields across southern England, with 80pc interests in Brockham (PL235) and Lidsey (PL 241), 25pc in Balcombe (PEDL244), and 12.5pc in the A24 Prospect at Holmwood (PEDL 143)"

What date was THAT RNS Adrian? UKOG gave up on the A24 "asset" a couple of years ago

"Angus Energy said this morning its Balcombe oil well in West Sussex had flowed at rates of 853 and 1,587 barrels of oil per day in tests. "

that old chestnut - they never said how long the tests lasted and what the total amount of oil produced was - like Brockham no -one, not even Adrian, reported any tankers nor was any oil stored on site. They were rates for a few minutes extrapolated to 24 hours.

ANGS repeated the same mis truths about Brockham right up to the moment when they pulled the test

asset = something of value

there is only one asset in the portfolio Adrian - you know, I know it , we all know it

" saying we only have 1 asset,"

Lidsey - shut in for years - looking for a farminee (no sign of one)

Brockham - lets not go there - who can forget the various disasters there

Balcombe - drilled 8 years ago and not a sign of oil or gas

that leaves SFB

One asset - the rest are just money pits

Gideons - you mean it ISN'T First Gas in March ???

but you assured it us it was a nailed on certainty.................. and we trusted you..............

:))))))))))))))))))))))))))))))))

"There is definitely more than one party in the data room - GL confirmed this in last interview."

yes I saw that - I'd have thought they would have received offers by now - even if they were hedged with conditions regarding First Gas and the hedge