Member Info for ocelot

In addition, there is the hope that the conversion of HH-2z may help to increase production flows at HH-1.

Fully agreed, Ibug, which is why the payback on the investment in the conversion of HH-2z should be immediate and ... transformative (!?).

Angus is committed to redeploying skills and expertise in drilling, high pressure and high temperature engineering as well as capital won in these highly profitable hydrocarbon projects, still essential to the functioning of the present society and economy, directly into geothermal and other alternative energy projects. This is now not simply the correct strategic shift for the Company and its shareholders, but clearly an urgent mandate from a much wider group. We expect to update the market shortly on our own advances in these transition projects."

Await this update with interest. Like Saltfleetby and Lidsey, these projects are not in the share price for the present.

We also await the necessary permissions to convert HH-2z into a water injector.

The removal of those water disposal costs would make a very big difference to the profitability of ongoing operations at HH.

Lethargic Summer trading across the market - UKOG is the 8th highest volume stock.

Alba were disappointed by the effect on the share price of the TBS Jorc, zero.

Personally, happy to see the IPO progress: if it means leaving something for the subscribers, that may help to get it away.

AIM Admission in August 2021 to support near-term high growth strategy

Under "Experienced, senior management team ..." below:

https://lounge.nrprivatemarket.com/greenroc/

Well played, wildtiger, but, as a long-term investor, you will understand if I hope that, in the fairly near future, you find yourself locked out on one of these swings!

Nothing new since GF's last video which was available on 04/08 (but may have been released 03/08), when he stated:

"hope to have an answer very soon".

Answer: an infinite number.

Am hoping yesterday's RNS will prove to be the watershed RNS as far as first gas is concerned.

Exit stage left, pursued by admin.

In the original Saltfleetby presentation, first gas was forecast for May-August 2020.

On that basis, and on the assumption markets anticipate 6 months in advance, I was looking for the share price to rise from November 2019.

For the reasons we all know, that proved wrong.

So here we are now, in August 2021, with first gas forecast for February 2022, on the basis of procurement and detailed delivery slots.

August 2021 is 6 months ahead of February 2022, will the share price begin to rise in anticipation of first gas now?

There was very little selling indeed after yesterday's RNS, more a question of buyers holding back.

Think today's RNS has provided the clarity the market will appreciate.

The additional weeks will however allow for a more manageable and measured commissioning timeline, and will give more latitude to the Company should Angus and partners decide to advance the side track prior to First Gas. Tendering for the side track is complete and bids are presently being evaluated.

Angus is committed to redeploying skills and expertise in drilling, high pressure and high temperature engineering as well as capital won in these highly profitable hydrocarbon projects, still essential to the functioning of the present society and economy, directly into geothermal and other alternative energy projects. This is now not simply the correct strategic shift for the Company and its shareholders, but clearly an urgent mandate from a much wider group. We expect to update the market shortly on our own advances in these transition projects."

First gas pushed back to Feb 2022 but looks to be definitive forecast this time - not entirely surprised!

Another 17.4% on Bluejay, market cap now £135.3m.

Alba's turn will come and may arrive soon.

WG818,

I use that site for watching the trades.

I read some of the posts but don't participate. Unlike here, there is no effective admin over there so the threads are quickly taken over by the trolls.