Member Info for Mirasol

18-Sep-25 0.1136 mcm per day

19-Sep-25 0.1177

20-Sep-25 0.0764

21-Sep-25 0.0848

22-Sep-25 0.0991

23-Sep-25 0.0807

24-Sep-25 0.1292

25-Sep-25 0.1345

26-Sep-25 0.1351

27-Sep-25 0.1342

Running 30 day average 0.1286 mcm per day

"She would have encouraged it and she had to get others involved because the UK gov itself didn't want or have the funds to take it all on. "

But HOW Ralph? British Governments have been "encouraging" people to invest in the FI since the war there - and there's not a lot to show for it. Companies like Shell and BP don't trot round to 10 Downing Street . They tell the politicians what time they expect to see them at their front doors to hear what is needed.

No-one is going to farmin to BOR - its just too damn expensive, risky and difficult. If RKH only had two serious players look at the NFB, which is like the C N Sea and oil, how many people are going to go looking for condensate in what must be the the most challenging bits of water in the world?

"If Thatcher was in the Oil would have been pumping from SL years ago."

How? She sold off Britoil to BP, and floated Enterprise (ex BG oil arm) as a public company - neither BP nor Enterprise ever got involved in the FI. You'd have had the same issues as we've seen over the last 30 years. She couldn't , and wouldn't , have been able to order any company to invest

"countries of Europe need to swing to right for their survival"

Like the 30's eh? Hitler, Musso, Franco......... - that worked out well didn't it?

"In previous generations there was a respect for elders "

Ah yes - the great days of Teddy Boys, then rock n roll and of course those famous family friendly people in punk...............

"The strange thing about Aberdeen is the SNP government spent £1 billion of taxpayer money to build a modern high speed dual carriageway by-pass (AWPR) around the city in order to solve congestion"

The crazy thing is that it had been planned since the early '70's - and they got round to finishing it 40 years later just as the oil business collapsed there

No problem!

I thought it rather proved the point TBH - SuFC reckoned things were getting better but your post disproved it - but then he has, of course, only taken a single day whereas you'd averaged the numbers....................

"No single day hysteria, numbers seem to be getting better :-) 25/10/2025 - Saltfleetby Sub Terminal 1,545,556 0.135"

Not surprised - it's a month in the future.....................

Ocelot

Posted in: ANGS Posts: 26,461 Price: 0.245 No Opinion

RE: Recent production15 Sep 2025 14:47

I do not intend to do this each time but the recent 11-day average is obviously higher than the 30-day average of 0.1343.

11-day average: 0.1375

The first step is to cut their costs and the amount they take out every month as a paycheque

EPP are working on a gas field offshore that is already in place with hundreds of millions dollars worth of kit already in place - UKOG have, possibly, an option on a farmers field somewhere in England and they have no money

I'm NOT the Guardian of the Numbers - that's the NSTA & the gas Tramnamssion people

I post the real numbers - that's all .

As well I average them over an industry standard period to AVOID single day hysteria and the efforts of rampers and derampers to try and sucker in the unwary. What you, personally , do with them is up to you.

How many times do we have to tell people not to look at a single days numbers???

"what are the odds. jobs we're advertised closing this week so surely it got to be soon."

As previously posted the advertised job has no impact on the announcement of FID- what it does show is that FIG are planning for oil operations over a long period in the future. Any Sea Lion HSE issues have been dealt with ages ago. It's almost certainly clarity on the outstanding tax due from RKH and final abandonment liability provision that are the only issues to be agreed.

Yes PPP- now who was it that founded them....... AND cut a "potentially transformational deal" with UKOG.... let me think........

"Why can Wressle not upgrade with less risk to the Environment than any one drill into the North Sea"

An alliance of locals who oppose any development of anything whatever in case it affects their house prices + a vocal green lobby that believes any development of anything anywhere is a betrayal + Governments that signed up to international treaties for the sake of good headlines and photo ops without thinking of the effect on the economy.

heid bangs on about how slow Egdon are - but they're just about the only onshore operator that ever gets ANYTHING done - they're constantly in appeals, presentations, submissions, local meetings - it must be soul destroying. Reabold just don't have the cash - they never did -a bunch of chancers

Those PP RNS are truly grim - only got the accounts up to march 2024, need for more cash, loads of red ink, and if that's bad the Shareholder update is amazing -

"7. Material litigation and resolution (CMS, GEM, Petroquest Energy Ltd);

8. Actions taken to date to recover unauthorised funds and intention to pursue individuals whose actions have led to loss of shareholder value and Company funds; ..................

At the time, previous Management also announced a joint venture with ESGY regarding potential Lithium resources and associated anticipated income from that 'relationship' in the same RNS as the Globalvision announcement.

Despite much effort, neither Globalvision, nor Pennpetro, have been able to find any records of a JV agreement with ESGY, nor has there been any communication with ESGY who have failed to respond to any and all attempts to engage.

The previous CEO has also been contacted in regard to this ESGY announcement but has failed to provide copies (if they even exist) of any JV Agreement at any level, with an entity called ESGY. .....

Unlike in the past, whereby our Company has entered into arrangements with limited fact checking or diligence, I can confirm that whilst extremely busy up to this point administratively, I did take the opportunity to visit the RMD license location and meet the team with whom the opportunity exists.

Shareholders should be aware that former Chairman and CEO, were paid a total of £120,000 from capital raises, which took place at the time when a judgement had been awarded against the Company and therefore all available funds should have been paid by the Company to Creditors holding that judgement.

These monies therefore were paid to the directors of the Company without Board consent and in preference to the legally required settlement of judgement creditors, again, showing a complete disregard for Pennpetro and its shareholders, as well as the Court and those holding the judgement. Furthermore, this left the Company unable to fund its operational obligations and facing insolvency, yet again.

It is noteworthy that the company benefitting from this 'loan', RB Equities Limited, is directly owned by Tom Evans (who is also a director of that Company) the former CEO of Pennpetro Energy Plc.

Tom Evans has not responded to the Company to explain any of these transactions and neither Nobel Petroleum LLC nor Pennpetro have records of these transactions, despite them being documented in the historical accounts at the time.

The situation with the former Corporate Secretary remains very unsatisfactory and the company is also currently reviewing selected transactions to identify whether there is potential to recover funds from FHF Corporate Finance Ltd (FHF). This is complicated by the arrangement whereby the company did not control, nor did it adequately oversee its accounting functions, and the Corporate Secretary was neither a director nor employee of FHF. These unusual arrangements ha

"Longtermthinker personally I doubt this government will survive much longer. "

they have 411 seats out of 650 - do you think they're going to quit and call an election? Don't be stupid - they might replace Starmer but they're there for 4-5 years. That what we had with Cameron then May then Boris then Truss then Sunak - turkeys don't vote for Christmas and there is no way to get them out unless they commit suicide

Who can forget "I'll never post on here again if its not £ 1 by Christmas"??