Member Info for ocelot

Wonder how "soon"!

A programme in Q2 2024 to restore oil production from the Brockham Field in Southern England, through a tubing-replacement workover and repairs to the downhole pump in the Brockham-1X well. In the event of success, it is planned to reperforate the Brockham-4X well, currently completed in the Kimmeridge zone, in the main Portland reservoir to increase production. ANGUS IS ALSO HOPING FOR CONFIRMATION SOON that it is permitted to conduct a long-term test of the Balcombe-2Z well. (RNS of 22/02)

Wonder how "soon"!

A programme in Q2 2024 to restore oil production from the Brockham Field in Southern England, through a tubing-replacement workover and repairs to the downhole pump in the Brockham-1X well. In the event of success, it is planned to reperforate the Brockham-4X well, currently completed in the Kimmeridge zone, in the main Portland reservoir to increase production. ANGUS IS ALSO HOPING FOR CONFIRMATION SOON that it is permitted to conduct a long-term test of the Balcombe-2Z well. (RNS of 22/02)

Https://www.supremecourt.uk/news/future-judgments.html

No, grumpy1, you will find they have been reduced for you!

The market makers aren't on here, they have nothing to do with lse.

The old shares numbered just under 33bn before the 1:10, you've omitted to take into account those issued to the Trustees of the EBT.

That's a post of a different quality than usual - thank you, Nutty-Mike.

The surviving resolutions for tomorrow's GM are, therefore, 1 and 3:

https://www.angusenergy.co.uk/wp-content/uploads/2024/02/Angus-Energy-PLC-GM-notice-and-Circular.pdf

Https://www.londonstockexchange.com/news-article/UKOG/loan-reduction-via-equity-share-subscription/16375533

Https://www.londonstockexchange.com/news-article/ANGS/update-regarding-the-forthcoming-gm/16375532

2nd biggest % gainer of the day.

To say"

https://www.bbc.co.uk/news/science-environment-68538951

Same message as yesterday evening, this time with a photo of Claire Coutinho, the Secretary of State.

The share options have an exercise price of 0.67 pence per share (being a premium of 36% to the closing price on 18 January 2024) (the "Exercise Price") and vest as to 100 per cent., upon the closing mid-market price of the Ordinary Shares being 0.67 pence per share or above ...

While it is certainly a positive that we have seen a significant sulphide content in the samples tabled in our Processing Plant to date, we will need to await the publication of the assay results from our first batch of heavy mineral concentrates in the coming days. (extract from the RNS of 22/02)

At 0.065p = £2.115m.

Approx £0.66m due to RiverFort/YA (RNS of 23/01),

= about 31.2% of market cap.

A holding of 30% would oblige RiverFort/YA to launch a take-over bid which is not something they would want to do.

It is in the interests of RiverFort/YA that UKOG succeeds in getting its market cap up.

Sounds like a good meeting - nice to have some positive news.

So, no judgement on Wednesday, 13th March. That leaves the 20th and the 27th before the break at Easter.

The case is referred to in this Drill or Drop article of yesterday.

https://drillordrop.com/2024/03/06/hampshire-urged-to-ban-new-oil-and-gas-developments-in-updated-planning-rules/

Drill or Drop is ending its "comments" facility for the following reason:

DrillOrDrop has closed the comments section on this and future articles. We are doing this because of the risk of liability for copyright infringement in comments ...

Yes, looks as if it is not clear cut.

Scope 3 emissions are posing problems for courts in other parts of the world, too.

Https://www.supremecourt.uk/news/future-judgments.html