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Not long ago, we would have been perfectly happy to see volume of 10.3m by 12:15.

It's also just a month from the expected beginning of wet commissioning:

Wet commissioning is expected to begin at or around 15 May and is expected to last approximately two weeks. The Company continues to target First Gas by 1 June allowing for one full month of unhedged production. (RNS of last Friday, 08/04).

Good volume of 30.3m so far, all the better because we are approaching the long Easter weekend.

UKOG's financial year ends on 30/09.

The annual results RNS was released on 25/03/22.

The interim report should be released by 30/06/22.

Vitol Group, the world’s top independent oil trader, intends to completely stop trading Russia-origin crude and products by the end of this year.

Volumes of Russian oil handled by Vitol “will diminish significantly in the second quarter as current term contractual obligations decline,” a Vitol spokesperson said by email. It intends to cease trading crude and products unless directed otherwise, and “we anticipate this will be completed by end of 2022.” ... (from Bloomberg)

Forgiven, Ninetails, that is a matter for each investor to decide for him/her-self.

Regarding near term "fundamentals", we do have some near term potential triggers, most obviously:
the Basur-3s drill;
the Loxley appeal decision;
the possibility of the announcement of an acquisition in the US.
And one continues to live in hope of some news concerning the HH permissions, too, although Heaven only knows when..

Ninetails,

Your post is valid for those who bought in at 11p, if they have not averaged down since, but is irrelevant to those buying in at the current level.

The question is: from the current level of 0.12p, where is the share price going?
If it's going to, say, 0.18p, then it's a buy, because that's a potential gain of 50%.
If it's going to 0.24p, then it's an even stronger buy, because that's a potential gain of 100%.

GL provided quite a detailed answer to an Investor Question asked on 31/03/22. This is just an extract (see the answer for the text in full):

Lidsey will be capable of resumed production from mid-June when site modernisation should be complete. In fact there has been intermittent production this year – but not at a meaningful continuous level. Production at the time of shut-in involved a relatively high water cut and so we have to address the issue of formation water disposal in the interim on the commercial market (where happily costs have fallen each year since 2019) ...

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

If and when a bid does come in for Saltfleetby, in whole or in part, it will focus attention on the valuation of Angus's other assets. A reminder of the Sum of the Parts RNS of 18/06/21:

https://www.angusenergy.co.uk/wp-content/uploads/2021/06/ANGUS-ENERGY-PROACTIVE.pdf

The RNS giving the results of the AGM was released on 05/04/22.

From the BBC's rolling live coverage at 11:46:

Ukraine's President Zelensky says the European Union must include oil and gas in its next sanctions package.

Speaking to the Lithuanian parliament, he praised the country for stopping imports of Russian gas but criticised the EU for being too hesitant in sanctioning Russia ...

Is it fair to say it's not gone to plan?

Yes.

baits,

Can mirasol oil be used as a substitute for sunflower oil? There's a shortage at present.

George Lucan, CEO, commented: "Our Competent Persons Report of October 2021 gave a P90 valuation of GBP24 million (P50 of GBP34 million) to our interest in Saltfleetby, since which time confidence in our ability to achieve First Gas in June has risen, and the wider market has reflected this in our own share price.

After lengthy discussions on a possible combination with Sound, which we consider to have had merit, we were unable to agree terms. (RNS of 08/04/22).
---------
Following yesterday's placing, the 26/10/21 revised CPR's P50 valuation of £34m = 2.48p per share, more than double the current share price.

Lithium is showing signs of losing momentum -- at least in China -- after a powerful rally that carried prices to what Elon Musk called “insane levels”.

Chinese lithium carbonate, which has gained almost 500% in the past year, slipped slightly on Monday after steadying in the past week, according to Asian Metal Inc. The nation’s worsening coronavirus outbreak has upended the electric-vehicle supply chain, and buyers’ resistance to high prices is clouding the demand outlook ...

The eye-popping rally has put lithium under the spotlight. Tesla’s chief tweeted that the EV giant may consider mining and refining the metal directly at scale ...

https://www.bloomberg.com/news/articles/2022-04-12/the-near-500-rally-in-lithium-is-showing-cracks-in-china?sref=Em01M8Hr

Juxtaposing a couple of Bloomberg article headlines:

Europe Moves to Arm Ukraine as Sanctions Fail to Sway Putin
Russian Current-Account Surplus Surges to Record on Energy Sales

Arms deliveries to Ukraine will reinforce its ability to defend itself and, in all likelihood, prolong the war.

At some stage, imho, Europe will have to cut back further on energy purchases from Russia and energy prices may well ratchet up substantially higher.

Russia supplied 18 percent of the UK’s diesel in 2020, and finding alternative supplies to replace this is very difficult.

Lazarus was Jesus's friend whom he raised from the dead.

The name Lazarus is frequently used in science and popular culture in reference to apparent restoration to life; for example, the scientific term Lazarus taxon denotes organisms that reappear in the fossil record after a period of apparent extinction. There are also numerous literary uses of the term. (wikipedia)

In theory, any negative impact should be relatively small because the raise was relatively small. Indeed, we may already have seen the impact today.

George Lucan, CEO, commented: "When we entered the Formal Sales Process in January we had expected that a result would have been concluded by this time. In view of the extended due diligence exercise being performed by bidders for some or all of our interest in Saltfleetby ...

Note, therefore, that the remaining bidders have themselves invested considerable time and expertise in the due diligence process.