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if they're going back to balcombe next week, that would explain the RNS this morning requesting 45 days, maybe have a finance deal sorted once prove up balcombe doesn't have water, then they will repay the full loan amount using this new financing deal?

If brockham didn’t flow it would have been an ideal opportunity to admit it’s not flowing

That’s a good point, would have been in update

does anyone know how much AFC have left to help get this concept into production? is there likely to be a fund raise required

If you’ve ever listened to vonk interview recently he states 400 bopd is expected it was never intended to be 1000’s

read brockham update RNS from 28th Jan 2017 and 3rd March 2017 if in doubt its good to understand what they're dealing with

Vonk for me

an RNS tomorrow planning an outline for Balcombe would be fantastic way to silence any doubters and a possible operation update

Is that it then, Tidswell-Pretorius unhappy he got the boot so now trying to kick out vonk and anyone who supports vonk? Is the person who resigned with immediate effect a Tidswell-Pretorius friend?

A bit of a shit storm this morning! The Board need to sort their house out. All find that rather odd and the timing as well! However the loan facility shouldn’t be an issue, read the part Therefore, the Company believes that continuous oil with a low watercut can be produced from the Balcombe-2Z well under normal pumped production conditions and it now plans to demonstrate commercial oil production. The Facility will provide the funding to support near-term planning and testing as well as a successive Field Development Plan (FDP) submission. That is worth more than £3million

If that is the case, isn’t that a positive in itself that oil was brought to surface during those operations

surprised no update yet

Definitely was 3we 1267 but good attempt

I want £150 min

thank you :)

sorry for my ignorance but what is good about production tubing? does this mean they already know it flows?

i personally want the company to have a MCAP of £150 million+ , so 600 barrels net to ANGS according to PV calculations would be good.

couldn't that just be a safety precaution if no-one is around to stop it getting stolen?

He did state in a previous interview that 400 was a reasonable amount bopd per well... so if he had 3/4 wells producing in brockham that’s 12-1600 bopd

Anything happening today on site?