Member Info for Number6

We may see equipment arriving to site soon. The rns clearly states that testing at Brockham to continue.

I think Alan is probably right.
I think the site looks clear and red high presure pipework gone because the contractor has gone. That's why only one personnel could be seen on site. Very quiet.
A new contractor and team will arrive soon and maybe with coiled tubing which will no doubt require a crane.

Sp will bounce quickly back up to 8p+ if this happens. IMHO

I feel we are in no man's land at the moment.

Brockham is disconnected and quiet and we have no idea if the well has failed in some way. We have lost PV and now have an interim MD searching for a permanent position. It's unclear exactly what the future plans are for Angus until we receive a more detailed update from our new leadership. Will the new team be looking for a large cash raise soon? More dilution?
What are we to do? Hold, sell or buy more?

If Brockham has failed then what?

As an investor I feel trapped right now. Hold and hope for the best maybe.

May back down with good oil flow. Get things back to normal with any luck. PV needs to get some successful news out and get the sp up.

12p+ tomorrow I reckon with a good news rns.

Tomorrow hopefully confirming hydrocarbons to surface.

Imo

on that tanker. Now let's hope we start to see a few more soon. RNS may be due shortly.

Hopefully an rns soon to confirm oil coming up. Sp will move like lightning on good news.

2,000bopd is appropriately 700,000 barrels per year. That's equal to about £21m of gross profit based in $40 margin per barrel. Ukog share would be approximately £10m just from that production alone. When you also look at OIP and other new projects planned it makes 1.25p look very undervalued imho. Sp should be closer to at least 3p imho. Views on our mcap anyone following today's RNS announcement.

Oil flow must be pretty close by now imho. There'll certainly be euphoria and relief once its know one hundred percent that the oil flowing to surface. GLA

Unless they are testing smaller sections at a time first to see which layers flow best. Vonk mentioned this in one of his videos.

I think HH took at least three weeks to get flowing. Happy to be corrected on this if I'm wrong.

B2HS2L Thanks, got it.

Renegade Yes. I'm sure you're right. I doubt LL and ASH have any interest in oil wells what so ever. Just an opportunity to strip some easy profit for themselves and at our expense. DL had been quite pro Angs Tweeting on many occasions but now he's gone very quiet. He and Tids obviously been trying, unsuccessfully so far, in muscling their way to a boardroom takeover. However, we are still in the dark as to what exactly is going on.

ismailq I should have said with respect to .. So obvious something was spotted on site today

ismailq What are you referring to?

We still need to know what is behind DL's recent Tweet ... 'Vonk needs to go'. Also, what is the significance of Lord Lucan and ASH.

1.18p ffs! Angs will soon provide that leap forwards to further the proof of concept. Something BB was unable to achieve. Ukog needs new wells and of course a Production Licence.

Long wait now until next news. Hold.

It's baffling