Member Info for Vernony

I would have thought that they were duty bound to tell the share holders, after all she share holders own the compoany not the BoD. If they didn't they would be with-holding facts from Share holders whicn may, or may not, affect their decisions in respect of the shares that they hold....Directors have gone to prison for less !

A Judicial Review can only be taken against a public body, not a private individual or company. A Judge of a Judicial Review only has to look at the terms of regulations governing the pubic office and decide if the correct procedures have been followed by them. If they have not, then it goes back to square one, and the office can review its procedures and do them properly and reinstate the planning permission again. At best it would be a delaying tactic. But, since this is the Department of the Environment, then it is most unlikely that they have omited the correct procedures by not taking into account the plaintive's submission re environmental impact etc.. IMO the plaintive is wasting their money which will cost upwards of £30,000, probably more like £60,000 to £100,000 as expert witnesses will have to be called in and the case would be strung out.If the JR rules in favour of the DofE then if the plaintive wishes to take it to appeal, if allowed, it will cost this a like sum to bring the appeal. I hope this is not being done under Legal Aid ? !

How many weeks back ? I understood that a Council were duty bound to reply within is it 13 or 16 weeks ?

I was into Caza and they were getting into debt, instead of off loading some of their assets, they held on and held on, probably worried about their own jobs. Igas have assets which they can off load for cash

Nice post Rogue, Looks like they are now exercising their authority. Thus, when objections are raised by stallers on subjects such as ground water, waste disposal, or road traffic, wildlife, the appropriate authorities can step in and say ' that is what we do, thatis what we are paid for', rest assured that we will do our job

http://geology.com/articles/marcellus-shale.shtml. We all know how shale gas is recovered but this article in interesting if only to see the speed with which things are developed in the USA, in three years over 100 wells were drilled into the Marcellous shale. We are some six years down the line and not enough gas to fuel a cirgarette lighter has been sold. Beneath the USA beds they have been fracking, they have found a probably even larger one deep below it Utica beds, never seen that phrase used here but I wonder if they are there below the Bowland shales ! ?

Most will remember, from school Science lab days, that one can produce hydrogen and oxygen by running an electric current through water with hydrogen bubbling off of one terminal and oxygen off of the other. The mixture is very volatile and could easily propel a car and the outcome of combustion is water dribbing out of the exhaust pipe. So the new technology in Germany is nothing new, but historically, for some reason, perhaps input energy to engine output energy maybe the deciding factor is exhorbitive cost /

Looking at this company they seem to have a good split between Wressle and Igas and one or two other irons in the fire but only £2m in the kitty. Just hunch, but my feeling is that the are good for takeover, so I dabbled gently in these. All IMO, of course, not ramping, but it seems a good speculation

If we do have as much gas as we think we have, then it could be a nice negotiating point with the EU, but they have to speed things up for it to be an effective bait

https://www.thesun.co.uk/news/1997618/as-a-lifelong-green-im-convinced-frackings-the-only-solution-to-energy-problems/

https://www.thesun.co.uk/news/1997618/as-a-lifelong-green-im-convinced-frackings-the-only-solution-to-energy-problems/

Strange . EDR has dropped this morning . Just a month ago they rose strongly on anticipation of PP being granted . Got a feeling the market is punch drunk . Everytime it looks like pp will be granted Caudrilla/EDR/Igas/UKOG etc.. it gets refused and has to go to the government to resolve . Council, perhaps, are not trusted ?

Surprised that it hasn't move up more. Last month it moved up sharply in anticipation of the outcome of the PP , so it ought to touch the same dizzy heights this time too

This should rise nicely perhaps by 2 to 5 pps as people speculate on the outcome of the Nott's Council Planning Committee meeting on the 15th

One can sense the application of industrial lobbying here. Why have they not mentioned shale and why have they not taken into account that any imports from Europe are paid for , Thus, if a country wishes to not export to us then they have written off a valuable export for their gas/electricity !

Planning and Licensing Committee Date/Time: 15 Nov 2016 - 10:30 Status: Scheduled Venue: County Hall Add to my Calendar Documents Attendance Other Attendees Declarations of Interests Documents Agenda pdf Agenda Contents (343Kb) pdf Agenda Document Pack - Planning and Licensing Committee - 15/11/2016 10:30:00 (14619Kb) Standard Items 1 Apologies for Absence 2 Declarations of Interest by Members and Officers arising since 5th October 2016 3 Declaration of Lobbying arising since 5 October 2016 4 To develop a hydrocarbon wellsite and drill up to two exploratory

Planning and Licensing Committee Date/Time: 15 Nov 2016 - 10:30 Status: Scheduled Venue: County Hall Add to my Calendar Documents Attendance Other Attendees Declarations of Interests Documents Agenda pdf Agenda Contents (343Kb) pdf Agenda Document Pack - Planning and Licensing Committee - 15/11/2016 10:30:00 (14619Kb) Standard Items 1 Apologies for Absence 2 Declarations of Interest by Members and Officers arising since 5th October 2016 3 Declaration of Lobbying arising since 5 October 2016 4 To develop a hydrocarbon wellsite and drill up to two exploratory

Oh come of FoI Igas may comit illegal acts emphasise the word 'may'. That could be true of any one, or anything in all walks of life. I am afraid you cannot prevent somebody doing something because 'they may commit and illegal act' There has to be proof that they intend to commit illegal act

I like your message and I largely agree with what you have said except for the oil price. I don't see how oil could sustain $60 per barrel. There is a glut and the only way you can rise the price is to limit output. But, that is going to take agreement of all of the oil producers and that is unlikely . As has been happening in the past year, they are profiting from each other by reducing their competitors market share, and there must be a lot of scores to settle amongst oil productng nations... Throw into the mix that probably Iraq and Iran and Libya will probably been back into full production within the next 6 months, to a year !

I was quite heavily into CAZA, they seemed unable to put even a fork in the ground without coming up with oil. But, they were all for exploration exploration exploration and borrowed heavily to do it when the oil prices were high.They got caught out and the oil price went into a nose dive. They didn't have the money to service their debts and the debts were called in. They managed to get somebody to take on the debt but it gave them control of the company and old shares in CAZA become convertable at c. 500,000 to 1 . With the slate clean though its successors are probably making a ends meet now, but the debt is still on their books and has to be paid off before they can see a profit. I begin to see similarities with iGas but they have one saving grace . If EDR get permission on November 14th, that should lift iGas , a temporary high, but it may not sink back so low again and sit on, say, 12-14 awaiting permission to frack Bowland shales. Rule of thum suggests that they could make 25pps if both of those come to fruition but IMO it would thereafter sink to about 18-19 whilst the PIs wait for the sale of shale gas to show up in the company accounts