Member Info for ocelot

With thanks to Mullins58 on the Angus board

The Royal Society has separately called for a network of hydrogen storage caverns to be built across the country.

https://www.msn.com/en-gb/money/other/energy-tycoon-to-build-giant-gas-storage-site-to-prevent-uk-blackouts/ar-AA1N2fY6

Already well and truly in the share price at the time of suspension, Mirasol.

What is not in the share price is the improving trend for daily Saltfleetby production and the impact of the ongoing discussions re the potential RTO and with Trafigura.

Best wishes, Polio.

Welcome to the board, Polio.

What attracts you to Alba?

Mirasol,

Your 30-day averages show an improving trend.

My shorter, more recent averages, derived from your posts, show that, for the present, the trend continues to improve within the 30 days.

The historic low hedges expired on 30/06.

This all helps to provide a more positive context for the ongoing discussions with the owners of the group of producing assets in the Gulf of America/Mexico and with Trafigura.

The cherries I picked are the cherries you picked in the first place, Mirasol.

"Choosing your own metric - 11 days one time, 5 days the next 3 days another time-is just cherry picking ..."

Mirasol,

The cherries are picked by yourself: the average I calculate is that of the daily production figures you post.

Nobody is arguing with a 30-day rolling average.

But when there is an obvious gap between the 30-day rolling average and the average of the most recent posted figures (for 11 days, in this last instance), one calculates the average of those most recent days in order to get a better grip on the trend.

I do not intend to do this each time but the recent 11-day average is obviously higher than the 30-day average of 0.1343.

11-day average: 0.1375

Mirasol,

Hasn't happened recently, when I look at the figures it is immediately obvious that the daily production trend is rising and the 30-day average has been left behind.

If your 30-day average is close to that of the figures you post, then I would not see the need to calculate the average of the most recent figures.

"But Ocelot , you do your own production averages and post them on here regularly - you're clearly a lady of many talents".

You post the daily production figures, I take your figures and calculate the average over a shorter period than 30 days, if that average is obviously higher than your 30-day average.

"... do you think any report that says there is a 90% chance of achieving something and then reality turns out to be 35% of the forecast is reliable? You don't need a degree in Petroleum Engineering to answer that surely??"

I'm not sure you need a degree in Petroleum Engineering to pose the question either.

The CPR is dated 17/10/23, today is 13/09/25. The past is the past, let's see what the future holds.

Mirasol,

Not an oil expert so you are asking the wrong person.

Haven't gone back into the assumptions underlying the forecasts but the answer to your 2nd point can probably be found there.

Last 2 reported trades are for 50m and 250m at 0.17p

Aren't the markets already aware of Putin, Trump and Netanyahu?

The accounts for the year ending 30/09/24 should have been published by 31/03/25.

On 28/03/25 they announced that the "annual report and accounts for the year ended 30 September 2024 ("ARA") will not be published by 31 March 2025, being the deadline for publication under Rule 19 of the AIM Rules for Companies".

Https://www.ice.com/products/910/UK-NBP-Natural-Gas-Futures/data?marketId=6007286

Roadhouse posted this on 02/09 at 21:55:

"Update in 5-7 days Simon, according to chairman".

If correct, then we could hear more from the company any time now.

UK Oil & Gas PLC (London AIM: UKOG) wishes to advise that the Company now plans to publish its audited 2024 Annual Report and Accounts along with its Interim results for the six-month period ended March 2025 no later than early September 2025. (RNS of 29/07)

The publication of the 2024 annual report should lead to the restoration of trading and the AGM.

AMG's purchase price for UPSA is £1bn, not sure this deal is strictly comparable to Angus's potential RTO.