RE: Class Action Lawsuit?28 Jun 2019 19:19
Alba RNS today
https://investegate.co.uk/alba-min-res-plc/rns/brockham-update---alba-comment/201906281612079002D/
"We have now had an opportunity to digest the update on Brockham released earlier today by the Operator, Angus Energy, which we were obliged to release without delay therefore being unable to provide any accompanying commentary."
They were taken by surprise! A partner not involved in the analysis of results and decisions.
Angus 10 May RNS
https://investegate.co.uk/angus-energy-plc/rns/brockham-operations-update/201905100930026687Y/
“We will now analyse the results with our partners before proceeding to the next stage which would involve bringing on site full well testing equipment and commencing flow tests.”
Is obvious that the decision to abandon Testing was taken by Angus and Angus alone. They did not consult partner Alba.
So, the statement in the RNS is a lie.
4 days ago,
https://investegate.co.uk/angus-energy-plc/rns/half-year-report/201906240700041097D/
“Further work, preparatory to a well test, is underway as we go to print.”
They knew when they made this statement that well will be abandoned. A decision to abandon is not taken lightly, today 4 days later after this statement is made, the well is abandoned and Angus’s Brockham stake is for sale and negotiations already started ... how is this possible?
Very suspicious and indicates that this is not coincidental, is very likely planned. There maybe not much wrong with the well - I wonder who they are in negotiations to sell it to?
They are not going to get away with this easy.
GL must be as much involved in this as JTP, he signed all these misleading RNS’s since January.
Not an accusation, but also wonder where DL fits in all this, after all he wanted Vonk to go too. He was pumping Angus and then went quiet along with JTP since April. Worth investigating this too.