Member Info for Mirasol

Yeah that works thanks

Link not working

"The obvious is for Miles to step up on the board "

Oh yes -break the habits of lifetime and join a sinking ship...... why would he do that? As you say there's no cash left and no prospects. Newman will be off flogging another dream to someone - that's his USP

"Its strange to think on balance that HEYCO didn't realise how long Oklahoma will take to pay back an the gambles David has taken."

What the hell have HEYCO to do with UJO? They're seperate companies and I don't think that HEYCO have ever been involved in Oklahoma stripper wells - their main areas seems to be New Mexico - and Texas before they sold out to Matador a decade ago.

It's all Daveeeddddddddddds fault. And if we're lucky they might buy out the remnants of UJO - otherwise its curtains

The point is Petie is that most of us learn from our mistakes - you clearly don't - still pushing a dud company having been in hiding for a couple of years.

Peterashbeck Posted in: ANGS Posts: 492 RE: BOOM TIME2 Mar 2023 11:18

Great news that the sidetrack has now been successfully drilled after all of the difficulties that the company encountered in drilling it. Remember that this is a drill that has been failed in the past by very big companies due to hole collapses so it is a tribute to the dedication and perseverance of the Angus drill team and management that the overcame all of the obstacles in front of the them and successfully completed the drill.

Obviously, we need to wait until we see the flow rates until we know exactly how much additional revenue will deliver to the company but it is clearly going to be very substantial and worth many millions per month. There will be no further problems with making the hedge and it is blue skies ahead for investors. To paraphrase WG818, it is no longer a case of “how much gas and by when”, it is simply a case of “how much gas”.

Well done to all of the Angus team and fellow investors. The future is very bright from here

Blue Skies ahead for Investors" - that was a brilliant call Petie

We post regularly on here - you don't - you've suddenly reappeared from under a stone. Where have you been all this time is a better question.

"RKH and SL seems to be pegged to the price of Brent Crude (BC), which I assume is because BC oil and its production environment is near enough to SL production conditions and oil quality to use as the yardstick until SL is in production?"

No , to enable trading etc there are a few benchmark crudes - Brent is/was the most important internationally. Prices are set relative to Brent depending on quality, demand and ease of processing - thus a waxy crude such as SeaLion will be priced at "brent less $x". It has nothing to with location, production environment or even politics, and everything to do with trading .

Sanderson Retirement Planning

Some are clearly paid lackeys

"SL and Isobel are about the same as BP produce from 6 hubs in their entire GOM portfolio."

Isobel isn't even appraised properly never mind on approved to produce.

BP GoM 2023 Production was around 300,000 boe/d from its five operated platforms and they're ramping it up to 440,000 bopd. 20K a day in the S Atlantic isn't very interesting to them - but it will be to someone smaller.

"It's brazen and shameful Mirasol."

Yes but it's a fact. She did promise to quit the board and she didn't.

She also sucked up to Sanderson & Bramhill something awful.

02-Dec-25 0.1400 m. cum per day

03-Dec-25 0.1499

04-Dec-25 0.1486

05-Dec-25 0.1446

06-Dec-25 0.1414

07-Dec-25 0.1431

08-Dec-25 0.1446

09-Dec-25 0.1467

10-Dec-25 0.1154

11-Dec-25 0.1334

12-Dec-25 0.1216

30 day rolling average 0.1432 m cum per day - back to Sept/Oct levels

Go back and check each posters history - make a list of their predictions, check it against reality.

OTM, Petertrash, Ocelot etc have been consistently totally wrong.

BP has normally been correct.

PS I see a lot of the ramp squad are out and about today - suggests we're about to get some news.........

Go back and check each posters history - make a list of their predictions, check it against reality.

OTM, Petertrash, Ocelot etc have been consistently totally wrong.

BP has normally been correct.

PS I see a lot of the ramp squad are out and about today - suggests we're about to get some news.........

Its almost Christmas Heid - the price isn't a quid and you're still here

£1 end of this year 11 May 2022 15:26

Replying to @futurelooking71 and @UnionJackOilplc

#UJO £1 end of this year or I won't post on LSE board again. That's my promise to them.

I believe I will still be on that board & poster JustBe leaves as part of the deal.

And of course who can forget thr Christmas Singalong Special!!

Heid Posted in: UKOG Posts: 11,788 Price: 0.975 No Opinion

RE: Blue day31 May 2019 16:20

Blue is the colour, oil is the game

We're all together and winning here on aim

So cheer us on through the sun and rain

Cos Uncle , Uncle is his name.…

Come to Horse Hill and Adrian may welcome you

Wear your Ukog Tshirt and security sees you through

Sing loud and clear until the tankers flow

Sing Ukog Ukog everyone

UK Paper.

Petertrashbeck hits out at BP for not getting things right- as opposed to:--

Peterashbeck Posted in: ANGS Posts: 486 RE: If they have so much huge debts - might as well sell up

15 May 2023 15:26

The debts are totally manageable on the cashflow that the company is now delivering. The market has not responded as expected to this morning's announcement but this is just a blip. The company is now on solid foundations and the share-price will reflect this in the very near term. Now is the perfect time to accumulate new shares. It is undervalued and all of the risk is gone.

"my feelings are we are now ripe for a takeover by one of the Majors."

I think you are right about the takeover but not by a major. 20,000 bopd net, non operated just isn't very attractive to a major. Just google how much they currently produce a day. For BP it would be about 1% IIRC

But it would be very attractive to a mid-size outfit

Everything in the Falklands will be “The First Time”, plenty of hurdles, unkind weather conditions and the logistics

Absolute and utter nonsense.

Six well were drilled 30 years ago, there are a dozen or so wells on Sea Lion drilled 15 years ago. There are other wells (Isobel etc). The weather is the same as the Central N Sea, there have never been any logistical problems - challenges yes, but no actual problems.

The reservoir is relatively shallow and here are no HPHT issues.

Yes its remote but its a damn sight easier than developing N Slope Alaska from scratch for example. RKH ran their operation from Aberdeen with a few people in Stanley - and that was in pre-broadband days