Member Info for ocelot

seems to have frozen lse's trade page!

trade 80 at 15:13:44

30m trade at 0.1198p

The duck isn't dead, it is simply resting after a long migration, as ducks do.

It is true, Ibug, that SE Turkey opens up new prospects for UKOG.

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 diversified clean energy and energy infrastructure company...

Additional delay(s), but "Further soft commitments and expressions of strong interest advised mean that the Facility is oversubscribed".

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

• Construction scheduled for approx. 60 days (latest presentation)

They're not constructing the approach road and the well pad for the pleasure of it.

1. Should be available by 31/03, that is not 6 weeks.

2. Drilling forecast to begin in 2 months from last Tuesday. Why will the next 6 weeks produce a "feel for Turkey outlook"?

3. More data on HH may become available at any time, what is special about the next 6 weeks?

Why?

Ninetails,

It's a quoted stock - for investors, the market cap is not to be ignored when assessing the company's prospects.

" ... success could be transformational for the Company". (from the latest presentation, citing the RNS of 15/01)

"Transformational" may be a much-used word but, given where the share price currently lies, it is obviously appropriate in UKOG's case.

Prior legacy testing was severely compromised as E. Sadak demonstrates that pumping is required to recover oil to surface. (from the presentation of 23/03).

As we might expect, the partners are looking to take advantage of what AME has learnt at E Sadak.

No objection to a dog if it can retrieve the share price.

A wee dram would be more appropriate.

Thank you for your post, Noobz.

Don't know how long it may take to obtain the water discharge permit, but the application was submitted by the time of the RNS of 02/02:

-- Llechfraith Dewatering
o Application submitted for bespoke water discharge permit to allow lower workings in the Llechfraith Shaft to be dewatered in order to undertake underground drilling and bulk sampling directly from that zone.

A reminder from SS's video of this January that the simple elimination of the delays of the UK regulatory regime significantly increases the net present value of any Turkish resources by comparison to their equivalent in the UK.

8. High-impact oil appraisal project with an upside OIP range of 150-500 mmbbl gross with expected recovery factors of 10-20% of OIP (RNS of 23/03)