Member Info for Mirasol

My understanding is that the biggest users of proppant squeezes in the UK are the Water Companies- they apparently do it =on many of their extraction wells which is why it's avoided a ban so far

Thank you for the correction Ocelot - we clearly have the same person in mind!

Oh - its actually a stock you can trade?

" then there is the tone in which it is done"

But Lord Lucan certainly brought a bucket load of tone here - and that got us where?

Tho' I doubt JTS will bring the same mellifluous chat style so make the most of it while it lasts

"Angus Energy confirms that positive discussions with Trafigura regarding the resculpting of the original payment schedule and the potential transaction are ongoing ..."."

Thank God!

otherwise it's the Official Receiver

Look at PennPetro

Still suspended

Still no news on the RTO

Still no payment of the debts

Oh no

He has a lot of previous on several other small cap AIM oilers.

Not consistent

OTM - can your sources tell you when the news about "42" will be published today? I have to go out and would hate to miss the momentous occasion.

Looks like the standard summer work TBH - do it when gas prices and demand are relatively low.

"It will be really interesting to see how the FIG and Navitas will aim to minimise the impact of having a large number (in relation to the FI population) of oil field workers descend on the FI, without adversely affecting things like property availability/prices, while maintaining good relationships with the local population."

I believe the plan is to have almost NO workers based in the FI - there will be enough accommodation to handle delays if the weather turns bad and the helicopters can't do a crew change. Otherwise the outgoing crews will go straight to the charter flight (s). A number of people will be required to run the shore base (s) but that's relatively few. That's the way the operated the RKH drilling programme very successfully. It means an unbelievably long supply chain but if RKH could do it Navitas certainly can

I think we should applaud Ocelot's post re being invested and being "close" to UKOG and its creatures.

It tells us all we need to know

09-Jul-25 0.0906

10-Jul-25 0.0565

11-Jul-25 0.0887

12-Jul-25 0.1153

13-Jul-25 0.1167

14-Jul-25 0.0924

15-Jul-25 0.1209

16-Jul-25 0.1175

17-Jul-25 0.1059

18-Jul-25 0.0889

19-Jul-25 0.0518

Rolling 30 day average 0.1066 mcm

We now have enough data to see that the Compressor installation has not halted the decline in production.

It has however (approx) halved the rate of decline.

Not sure that 's been an economic success given the costs.

"Shut up ocelot. Just accept you've lost everything."

I doubt he/she has

I can't remember Ocelot ever claiming to be invested TBH - and he/she has never denied that they are "close" to UKOG or its PR or NOMAD companies.

Except on the odd occasion when the office cleaner has stepped in, and there is a total change of tone for one or two posts, we've been dealing with a quiet, cool professional spinning like crazy - that's what they're paid to do . Not sure its a profession I'd want be in tho'.

If a total collapse in production share price and suspension ism't demise i'd hate to see the real thing.

Ocelot you have deliberately spun nothing butpositives on this share since Day 1.

OK its what uou are paid to do but how you can sleep at night is beyond me.

Otm 30 june

"I was informed they had thecash bit decided not to use it to pay..."

Debt? DEBT?? but OTM, you assured us they had no debt and are rolling in cash

Surely you didn't lie to us???

Sorrry - didn't see the earlier post with the same conclusion!

The Hitchhiker's Guide to the Galaxy, the number 42 is the "Answer to the Ultimate Question of Life, the Universe, and Everything," as calculated by the supercomputer Deep Thought.

"What UKOG chose not to do was to appeal the Council's refusal, this is what surprised me."

almost certainly no chance of success - they'd never applied to do any more work.

They're really the same thing, same structure

UKOG dreamt up Loxley (as well as a couple of other names IIRC) to try and distance it from the GBr2 problem. Star always called the whole thing Godley Bridge to stake a claim.