Member Info for ocelot

There's this Investor Question:

when is the second compressor due on site?
how long will it take to pipe in and when is this planned to take place?
Asked on 28 November 2022

Push2,

Think Angus have already shown their willingness to comply with all such requirements, so believe the delay is at the level of the inspectorate, that they are understaffed and underfunded.

"has there been any update regarding the Balcombe appeal?
Asked on 23 November 2022"

is one of the outstanding Investor Questions so should hear a little more on the subject from Angus in a couple of days' time.

Balcombe is of interest to UKOG because it is a horizontal into the Kimmeridge which flowed at an encouraging, if brief, initial rate.
Angus are applying for an extended well test. They were originally looking for a decision by 30/09, almost 2 months ago.

https://acp.planninginspectorate.gov.uk/ViewCase.aspx?Caseid=3282246&CoID=0

https://acp.planninginspectorate.gov.uk/ViewCase.aspx?Caseid=3282246&CoID=0

Angus were originally looking for a decision by 30/09, almost 2 months ago.

News about Basur-Resan is likely to arrive in a 7am RNS but news about the Loxley farm-out could arrive at any time during the day or early evening, once an agreement has been finalised.

https://www.angusenergy.co.uk/media/investor-questions/

I was able to read all the article but a wall has now emerged.

GF was participating with others, including a representative of Rio. Prompted me to google Rio, critical minerals which brought up this article:

https://www.afr.com/companies/energy/we-need-critical-minerals-to-tackle-global-warming-rio-tinto-boss-20220825-p5bctd#:~:text=We%20need%20critical%20minerals%20to%20tackle%20global%20warming%3A%20Rio%20Tinto%20boss,-Mark%20LudlowQueensland&text=Critical%20minerals%20such%20as%20graphite,Minerals%20chief%20executive%20Sinead%20Kaufman.

2nd 5m trade at 0.11p, the first just before the close, the 2nd at 17:07:27.

1 of Greenroc's tweets of today:

The GreenRoc Chairman will also be taking part in a panel discussion this afternoon at the Critical Minerals Association Annual Conference in London.

“The inaugural UK Hydrogen Week couldn’t come at a more crucial time,” said Clare Jackson, Chief Executive of Hydrogen UK. “The UK has an incredible opportunity to become a world leader in low-carbon hydrogen, but this will only materialise if government, industry, and the public work together to make this a reality.”

https://www.h2-view.com/story/uks-first-hydrogen-week-launched/

Became aware of this thanks to an Investor Question on Angus Energy's website.

Crude oil tanker leaving today Monday 28/11/2022 at 12 Noon.

Volume: 6.5m on AIM, 4.8m on Aquis, so far.

Summary
We're seeking views on hydrogen transport and storage infrastructure business model designs, regulatory arrangements, strategic planning and the role of blending.

This consultation ran from
9:30am on 31 August 2022 to 11:45pm on 22 November 2022 ...

Consultation description
Following government’s commitment in the British Energy Security Strategy to design new business models for hydrogen transportation and storage infrastructure by 2025, this consultation seeks views on: ...

https://www.gov.uk/government/consultations/proposals-for-hydrogen-transport-and-storage-business-models

It's as if UKOG believes the government is quite close to selecting a number of projects to prioritise.

Allenby Capital's 27/09/22 sum-of-the-parts valuation of Greenroc came to £27.6m.

Alba's 54%-share of that is £14.9m which equals 0.239p per Alba share.

Agreed, Mullins.

We await news of the Loxley farm-out and of Basur-Resan but it is Portland storage which UKOG is promoting through its tweets (although, of course, Loxley negotiations may be at a delicate stage so one would expect UKOG to remain discreet about them).

"UKEn Powering Britain".

Think a change of UKOG's name may be in the wind. It would make sense, given the company is no longer focusing solely on fossil fuels.

T^his is the most recent, 15 minutes ago:

PORTLAND HYDROGEN HUB REPORT: “Additional storage is needed urgently to strengthen energy system resilience and to compensate for declining domestic gas production”. https://tinyurl.com/fcu3tv99