Member Info for Mirasol

"Note the single share trade at 17:42

oh no - not that old rubbish again.

"it's a SIGN!" they say - but it happens all the time on a vast number of shares and absolutely nothing, ever, ever happens. You don't need to "send a signal" in these advanced days - you just chat to your mates on one of a large number of apps that leaves no trace if you want to send a message. Or meet them for a beer after work in the time-honoured City fashion

Howey - why would a company producing over 9000 bopd from the offshore bother with a tiny onshore gas field that has a lot of any production it makes hedged at low prices?

Sure it would be great for you & I to dump the ANGS management but I don't see what it does for HUR

"Imagine if Saudi shut down their Oil facilities and cut production for security reasons after the attack today. It would not affect Saudi, but , it would the rest of the world."

Now there's cutting edge analysis for you - I don't think anyone had ever thought of that .................

res - interesting poster - pops up occasionally to defend the company come what may - seems to have a site commissioning background

Suspect he's a contractor for ANGS who occasionally snaps at the criticism

"... we have completed the evaluation of potentially lucrative proven oil & gas field opportunities elsewhere in the world, including in the United States, where access to such opportunities has arisen from within the Directors' extensive business network. "

ocelot - tell me ONE UK small oiler that has been successful in the USA in the last 60 years please. It's the last, fatal hope. N America is full of "deals" and you get bought and sold every time. Think Cabot (the latest) who went off to Canada...............

very positive RNS - looks like they're actually looking at life beyond Lancaster at long last and the AM extension is about as good as anyone could hope for

"Joking aside its clear something yet to be RNS'ed has landed in that final hour behind the scenes
Possibly another offer from an interested party...."

Suspect you're right - someone has put in a firm bid...............

Isle of Wight
The disappointing, but not unexpected, decision by the Isle of Wight's planning committee to refuse consent for the appraisal and testing of the Arreton discovery merely served to underscore our growing interest in the international arena for oil and gas, and our new direction into geothermal and hydrogen-based energy in the UK. The refusal went against the recommendation by the council's planning officers to approve the project.
We took considerable care and undertook much research to minimise the potential impacts of the site, choosing a location 300m distant from the A3056 and adjacent to land with existing non-agricultural commercial uses, namely the Wight Farm Anaerobic Digestion Energy Power Station and the Blackwater Quarry for aggregates. No objections to the development were raised by statutory consultees on environmental, drinking water, landscape or health and safety grounds.
Given the number of new opportunities available to the Company, all of which are considered to offer far greater success case economic impact and higher probabilities of success than the proposed Isle of Wight project, the Company has decided not to appeal against the planning refusal. The envisaged £0.5 million planning appeal costs will therefore remain available and could be used for developing new oil & gas and geothermal/energy storage projects (see New Ventures below).

Impairment Review
The Directors have carried out an impairment review as at 30 September 2021. The Directors determined that the net present value of the HH-1 well was £3.63 million and therefore determined that HH-1 should be impaired by £1.46 million. The net present value utilised an internally generated depletion curve that was independently reviewed

"I think it's more of jealousy and nothing else cos I am honest,"

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

Fakey. 9th March at 9.12 you posted heartbroken no money and wouldn’t post again

"Do I need or have to post every trade on the span of few weeks?"

Fakey - it was YOU that did that, not anyone else - now you complain because you were caught out in a couple of blatant lies - out of your own mouth. Just go away please, there's a nice chap.................

Apologies they're in a table for Contingent but they're still carrying 5.9 mm for thee Kimm......................

Anyone notice how they avoided giving any numbers for HH reserves? They claim they're waiting for an EA permit to be able to transfer HH to Proven Producing even tho they've had OGA approval for a couple of years .

Anyone smell something?.

what price are you going to get out at Liam?

"InvestorInvestor 22nd March 22 Mar 2020 11:19
My BB is all green lines of filtered Trolls.... UKOG imo STRONG BUY.. great news coming.."

straight cut 'n paste....... but the SP was about 1.35 - so its now worth a tenth and there has been massive dilution...............

"UK Needs UKOG..."

UK produces 1,190,000 bopd
UKOG produces 60 bopd
that's about 1/20,000 th

not a bad introduction

hey don't knock him - his minions gave ANGS money to take on SFB - and then sent gas prices through the roof.

"better still make a case for national necessity to set aside planning rules"

not going to happen - todays papers and the BBC are saying there's a big argument in Cabinet about even changing the rules for onshore WIND farms

https://www.bbc.co.uk/news/uk-politics-60837170