Member Info for scallywag3

In contrast to Angs who have been deviously sly in all matter sof communication with SCC a t the beginning to their own Shareholders now. I have just listend to UKOG . https://www.youtube.com/watch?v=wvFkS6CfeEs
involving everyone honestly, and bringing groups of people onsite to see for themselves whats going on.
I'm am very sad that angus are what they are now.
I see no value in Angus. it's very diffcult to get out when you may be down 90% or more.
I see certain aspects of Flybe in this now. it was a new board that ruined it in just a couple of years. ( in other words, I smell a rat)
I couldn't understand why some people there were buying over 2p when it was already known it was going to be sold for 1p
I sold out 100% last Friday, and had feelings of sadness and yet feelings of great relief even with a loss.
RIP

Kept telling us they were discussing with pertners, Here's another that didn't know what was going on.
https://www.doriemus.co.uk/wp-content/uploads/2019/06/20190701-Brockham-Kimmeridge-Test-Unsuccessful.pdf
Only people they were discussing with, were their partners in crime.
How they we going to get Brockham for peanuts.
OGA needs to Block any sale of Brockham.

if it's just a problem of no flow with BRX4Z, Why sell their 65%. The belief was Brockham has all the fractures of H.H. and better. Why not do a Horizontal on one of the other wells. it had been said. that wouldnt take long once permissions in place.
It's the selling of the 65% thats a wory, do they really believe the whole site is a Dud, or are they actually ripping us off with a sell to ............ persons ( unknown to us) but very well connected to them. ????
Anyway at 8:00 I'm moving into UKOG.

It will go the same way as Lidsey, SP in low 30's and dropped slightly to 28 just before the crap news for Lidsey, then went to 16p. but we still had the jewel in the crown Brockham to sustain the fall further.
Now we have Brockham. around 4p for a few weeks and selling down to 3.5 ish for those already in the know and selling.
same as Lydsey from 30's to 28 followed by the bad news.
people then thought that was it, but it wasn't long til there was a rights issue, taking it down to 13p then another to 9p.
Now the jewel in the crown is Balcombe, (25% but with 100% of developement costs) just another rotten carrot to keep people interested.

Sadly Wolf, You are absolutely correct. Any money in the bank will be used up paying Bod salaries until / if Balcombe comes in. I wouldn't be surprised if OGA stopped the gas sale.
So they have to raise again. Who in their right mind would give this shower a penny, even if it was at 50% dilution.
I personally just can't believe what has happened. that it must be a rip off ruse by the Bod.
0.5p ........... What the MM's will do, is likely raise this just enough for peeps to think it's taken back off then pull the plug Again.

How much better that interview was with S.S. ( a person who knows what he is talking about ) Than the one she had last week with L. Lucan a guy shaking all over the place like he was in need of a fix.
Never been a fan of S.S. but think I'll dip my toe in UKOG on Monday.

Mirasol " I also think it's far to early to write off the Kimmeridge - UKOG have produced 25000 barrels from the reservoir in a well that was never designed for that horizon "
The thing is, The only well producing from the Kimm is the one not designed for it. The Kimm is a new type of play, so perhaps the rule book should be thrown away.
A bigger diameter hole 8" instead of 6" gives a 30% surface area to the fractures.
I'd say, Let drill with a 10"
And I know Balcombe has flowed, it's horzontal, maybe thats the only way to go. and maybe angus have lied to us there as well.
The kick in the teeth was Selling the 65% of Brockham. that is so weird.
Yet I know of builders going bust and before they do all their plant is sold to a new company for peanuts. ( same directors)
no one is ever prosecuted but its as clear as day whats going on.
atb.

I think a Hint of this disaster was known back in December, then confirmed and kept secret in January.
It was seen that P.Vonk was trying to move away from Brockham and onto Balcombe but was kicked out .
It all went back to focus on the Brockham Dud and raising more cash for the new boards wages.
there may well be around £3M raised, wonder how much that is left? but it will help pay the boards mortages until Balcombe flows next year. But ! Oh dear. Going to need cash for that. and I can't see anyone in their right mind investing more even at a 50% dilution of the very likely 1p SP at the time.
So I have revised my buy back in to 0.05p and definately not before December.
I will not write again here until I, or if I, re-invest.
Wishing you all ........... whatcan one say? good fortune.

Correction. have now sold 100%. damage limitation. ( thats a laugh)

So they are going to sell their once a time ago Flag ship. Wonder if they will get a £1 for it ?
I sold 80% of my holding at ave 2.2p big loss.
company is run by incompitants.
With nothing going for it now til Balcombe, ( August my A';[se ) this will reach less than 1p before Angus get to Balcombe, next year. probably another placing before then. there going to take £2M in wages alone.

Thats us F;.,'cked

ineed2know.
I think you put that very well, I hope you don't mind, I have cut and pasted that to L.L. at Angus.
atb

Wouldn't take this long to order a cement truck to plug and abandon, would it ?

Maybe !!!

WHO'S SHOUTING ?

I got paint drying waiting for it's next coat, //so I'm going to watch that, than look at your ridiculous statements
I expect you'll be putting up your Boring Bragging again soon about how well youve done out of Angus. long sighhhhhhhhh ..

Tell you what I understand kenni, Further work is an add on to the published schedule, Why ! because there is likely a problem and the longer the works go on the bigger the problem. many of us remember Lidsey. told one thing, then another, finally we got 20Bod problem was Never solved. still got the water issue.
We are hoping for the best, however experience tells us to expect the worst.
And I'm getting really worried here, As I have twice agreed with BigTen4 in the last 10 days.

I see that was my 1300 post. Guess that will be icing on the Lemon drizzle cake.

I'm not waiting to top up, i have 1/2M of these, I'll never buy another one, and I have been in this for 2 1/2 years.
I'm fed up to the back teeth of empty promisses and waiting for next week.

Actually Kenni, We don't know if we are waiting on equipment, it could be onsite or it may not even been ordered. or if it will ever be ordered.

We began on 9th April. As we are Not on schedule / inclusion of well clean-up. We deserve to know more.
They said he'd keep us more informed with the new Board. Seems they have crashed and burnd in the first quarter.
or they just lied from the beginning.
---------------------------------
Rig Acceptance and Mobilisation 3 Days
Isolation of water, reperforation and recompletion 19 Days
Rig Demobilisation 6 Days
Lead Time for Arrival of Well Test Kit 14 Days
Installation, Testing & Commission of Equipment 10 Days
Flow Test & Production Results 11-16 Days

Hey Russsell, You'll end up doing a Tidswell and accidently sell them . LOL