Member Info for ocelot

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Putting you on 203, scoredagainsteps - you arrived in time, but chose a number, 204, already chosen by JL and 205 has already been chosen, too.

Dodger777 195
Hasiba 198
PostieRemy 200
Klassic 202
Scoredagainsteps 203
JL 204
IANAA 205
Bunks 206
Boyo 207
JoeBass 208
Ocelot 209
Sbustr 211
Without 214
Dhc 217
Bland 220
Prime 225
Digby04 229
H 235

Welcome, JoeBass, and just in time, before the 8am opening.

Dodger777 195
Hasiba 198
Klassic 202
JL 204
IANAA 205
Bunks 206
Boyo 207
JoeBass 208
Ocelot 209
Sbustr 211
Without 214
Dhc 217
Bland 220
Prime 225
Digby04 229
H 235

1/ We don't know anything at all about the identity of the third party involved in the preliminary discussions:

what if it is a cash-rich, well-known name?

2? re JPT: don't forget that, with his stake, he is one of the principal victims of last Friday's share price collapse.

It wasn't so long ago that SS was being criticised on this board for lacking the "charisma" of Paul Vonk of Angus.

"Charisma" isn't necessarily what you want in the CEO of an AIM-listed oil explorer.

Oh, for ages! :-)

Seadoc's figures, unless I am mistaken, should be net of oil sales.

It's the additional production of a horizontal and, then, of further wells which will transform UKOG's cash flow.

When Broadford Bridge failed to produce oil in commercial quantities, the only ones to suffer were UKOG and its shareholders, because it's 100%-owned.

But ANGS only owns 65% of Brockham, 35% is in other hands.

Has ANGS become aware of having made mistakes in the preparation of the well for which it is primarily responsible?

A glass half-full merchant will say it's precisely because of the understandable unhappiness of those who participated in the placing at 4.25p that management is now under considerable pressure to do all they can to get this share price back up again.

"Further work, preparatory to a well test, is underway as we go to print".

That was the Chairman in the RNS of 24/06/19, last Monday.

What exactly happened between last Monday and 10:15am yesterday?

Russian President Vladimir Putin said he agreed with Saudi Crown Prince Mohammed Bin Salman to extend the OPEC+ deal at current production levels for the rest of this year and potentially into early 2020.

The comments, at the Group of 20 summit in Japan, all but make the outcome of the OPEC meeting July 1-2 in Vienna a foregone conclusion, and further reinforce Putin’s role as the ultimate policymaker within the group...

https://www.bloomberg.com/news/articles/2019-06-29/putin-says-russia-saudis-agree-to-maintain-oil-cuts-6-9-months?srnd=premium-europe

https://drillordrop.com/2019/06/28/ukog-sets-out-plans-for-the-weald/

https://drillordrop.com/2019/06/28/angus-looks-to-sell-brockham-after-sidetrack-found-uncommercial-without-fracking/

Well played, Stockbuster!
Boyobach 207
Ocelot 209
Stockbuster 211 (Bill Higgs Special)
Withoutt 214
Prime 225
Hawkey 235

Participants in the recent placing at 4.25p will be hurting: to preserve ANGS's potential to raise equity on the market, it will need to get its share price up;

The market can't take account of the gas deal until it is clear the field can be reconnected to the National Gas Grid at commercial rates: think we can expect Angus to press ahead with this asap.

Angus Energy (AIM: ANGS) is pleased to announce that it will host an investor and analyst conference call at 17:30 (U.K. local time) on 11 July 2019.

The Company's Managing Director, George Lucan, and Chief Technical Director, Andrew Hollis, will host the call followed by a question and answer session. Investors are invited to submit questions via email ahead of the conference call to angus@yellowjerseypr.com. Please send questions by 17:30 (U.K. local time) on 09 July 2019.

I hope their potential buyer is an arm's length buyer - all hell will break loose if it's a private buyer in any way linked to the company.

"We await receipt of the analysis Angus have completed in respect of the further works they have carried out on the BR-X4Z well and which they say makes it extremely unlikely that conventional commercial flow can be established from the Kimmeridge layer at Brockham. Upon receipt of that analysis, our technical team will make their own assessment of the situation."

Looks as if Alba were no more in the picture than us PIs!

DhC,
Didn't see today's news coming, have a small, loss-making position.
Will let things settle down, then review.

agreed, there will come a time when the selling dries up.