Member Info for Mirasol

Replacing the rods - they've been in there for some time - routine replacement/maintenance I 'd guess

They're only producing from the Kimm at HH-1z - HH2z Portland is shut in awaiting the water fix

An average of 1 tanker a day is what we had for months while the were carrying out the EWT before HH2 & 2z - it's routine. It doesn't pay all the costs but it sure makes a nice contribution while we wait for the fix

But at least we have liquidity - over on ANGS there are less than £2k of shares sold today in a miserable market.

The spread has been high here since opening....

"What million share per hour trader? Apropos of nothing at all. Pure deramp"

PCS -" Chunky sells looks like Tellurian and/or YA to me."

Looks like our million shares per hour trader is back and just selling away...............

"so get production to nett 200 BOPD at Balcombe / Lidsey "

Good God! I though for a minute Double Faced Crook had resurfaced...............

The 13 responses were the ones where people agreed to allow publication - not the total received which may be a lot more

They do say that they will take all responses into consideration

"Monday the mms may let this rip"

No one has ever produced any evidence the "MM's" or "shorters" have had any influence on the share price - generally its a lame excuse by those who are desperate for a quick and imminent price increase.

I'm fairly relaxed about the last week - the price has stabilised and we're now seeing some reasonable volumes going through - possibly Tellurian - but until we get a positive ops update I can't see significant movement either way

Took a look on the Tellurian website and their SEC filings but they don't even mention the sale to UKOG in their relevant quarterly reports (well they may but they are both several hundred ages long)

It has never been published AFAIK

There is an AIM requirement (Rule 40) to maintain an "orderly market" but as usual that is not defined

No - it's called a SELL/RED if the TRADE price is below or equal to the mid-price of the spread.

If it is above the mid-price of the spread it is labelled BUY/BLUE

there is no information available as to whether it was Buy or a sell instruction.

All you can do is to see how the TRADE prices are moving with time - if they are gradually moving up someone is probably buying and vice versa

How many times doe sit have to be explained that "buys", "sells", "red"" Blue" are artefacts of the software used by AIM and the various boards????

The time, number of shares traded and the market price are correct - everything else is useless

Even so our mystery 1-2 million an hour trader seems to be back ..............

What is the status of the Shareholder action being organised last year?

There is no official "expected " number tho most of us think it will be better than the 2018 numbers....

https://www.ukogplc.com/page.php?pID=83

Has the 2018 CPR half way down the page

pretty pointless as they have promised a new CPR "soon"

Not terribly - Christmas & New year, long pressure buildup (the longer the better as far as the RE's are concerned). Need to source kit for the water shutoff, plan it, get the sign-offs.......................

People have been spoilt by this share - they expect daily or at least weekly news. Look at Egdon or Igas - they go months without issuing an RNS on ops

Can I suggest we stay off the subject of Climate change?

Nobody ever agrees one way or the other and like Brexit, no -one ever changes their minds.

It's spoilt more BB's (not just this one) than I care to think about

"Climate change is fake news & does not exist.
Climate change is not man made & the climate has evolved since the begining of time."

Ermmm.... the first line says CC does not exist - the second one says it is changing (or evolving)... which one is correct?

"It used to flow a bit faster, indeed gush:"

That was in 2016 - after 2 years of being attacked by just about every academic, industry skeptic and swampie they had 30 days to do the test - nowhere near long enough IMHO. They eventually got it flowing - the temptation to "let her rip" was probably overwhelming - the phrase "seagull scorcher" used to be sued int eh N Sea but has I understand been replaced by the phrase "Bankers Burn" - a very short term, high as possible rate, to create a headline. That rate may be a long way from a sustainable rate over 12 months

Every Company has done it................

At HH the steady flow rates of 200 bopd from the Portland and the Kimm over 18 months shows this will make money even at current rates. I 'm confident they will do better than these rates long term - the question is by how much?

"What time frames are you guys looking at for Angus to get going on SFB and Balcombe? Interested to hear your thoughts"

Assuming they get through Planning in February withe usual number of conditions they could be at Balcombe in August maybe, SFB requires a lot of work and includes the National Grid who are notoriously bureaucratic - lucky to see anything there before mid 2021 IMHO