Member Info for ocelot

Alba can't "pull" its "loan".

Repayment of advances made to HHDL is a matter for the board of HHDL. UKOG controls HHDL.

"people regard us as Greenroc to be a very serious player in the graphite space".

Let us hope people in the graphite space will soon be joined by people in the markets.

Leewayne,

You are referring to the capital restructuring which was approved by shareholders at the reconvened General Meeting on 05/03/24.

This was a 1:10. In theory, therefore, the number of your shares was divided by 10 and the value of each share multiplied by 10.

From 05:46

"people regard us as Greenroc to be a very serious player in the graphite space", so SB does not believe potential agreements with off-takers depend upon the achievement of specific milestones such as the submission of a formal application for an exploitation permit.

From 05:46

"people regard us as Greenroc to be a very serious player in the graphite space", so SB does not believe potential agreements with off-takers depend upon the achievement of specific milestones such as the submission of a formal application for an exploitation permit.

Will the judgement be delivered before the 1st anniversary of the hearing? (RNS of 21/06/23)

The "sea of blue trades" seems to describe this morning's session (so far).

94.5m at this time.

£2.7m of advances received from the non-controlling shareholders of HHDL but it is the board of HHDL which determines their repayment and UKOG is the majority shareholder in HHDL.

£0.31m of the convertible loan.

... The well is now producing oil in excess of management's predicted flowrates and with the present surface configuration is expected to sustain 30-40 bbls/day of oil, with potential to increase further with operational improvements."

In the wording of "about Angus" at the bottom of the RNS, note that the focus is on "becoming a leading onshore UK energy infrastructure company", ie there is no mention of overseas ambitions.

Also "onshore geothermal projects" feature in its portfolio.

Brockham has been handled very discreetly by the company, which has waited to restore production before updating investors.

At the bottom of the RNS, note there are some new words "about Angus":

About Angus Energy plc

Angus Energy plc is a UK AIM quoted independent onshore Energy Transition company with a complementary portfolio of clean gas development assets, onshore geothermal projects, and legacy oil producing fields. Angus is focused on becoming a leading onshore UK energy infrastructure company. Angus Energy has a 100% interest in the Saltfleetby Gas Field (PEDL005), majority owns and operates conventional oil production fields at Brockham (PL 235) and Lidsey (PL 241) and has a 25% interest in the Balcombe Licence (PEDL244). Angus Energy operates all fields in which it has an interest.

Richard Herbert, the Company's CEO commented: "As we stated in our last strategic update, Angus intends to expand production through organic and inorganic growth. This is the first step of that journey. We are very pleased with our progress at the Brockham Field to resume production. The workover was completed safely and on schedule and budget, with the new pump starting up on the 28th May. The well is now producing oil in excess of management's predicted flowrates and with the present surface configuration is expected to sustain 30-40 bbls/day of oil, with potential to increase further with operational improvements."

£70,000.02 subscribed by Alba on 31/05 at 1.80p, 2 trading days later now valued at £99,167 (2.55p per share)

Is there some life coming back into this market?

Resuming the 1st 4 months of 2024 and what is planned for the coming months

On the GROC board, Bellers posted at 11:12 about a buy he has made this morning and where he had to wait over an hour for it to be partially filled. It sounds, therefore, as if there is very little stock available at current levels.

Volume isn't great (301k shares) but, presumably, there is a lack of shares on offer at these levels.

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