Angus Energy Share Discussion Threads

[letsbuy1] 04/2/2023 19:31

Chart hahahhaha
Find it so funny when people come out with that s. H. I. T

[arlington chetwynd talbott] 04/2/2023 17:17

Chart looks like a classic pop and drop.

[onetomany] 04/2/2023 17:16

In The absence of news I agree however I'm expecting updates on compressor and TD reached. Could see us at 3p very quickly before the fun begins on flow rate rns

[letsbuy1] 04/2/2023 17:15

10% monday..
10% Tuesday
20% Wednesday
Evens Thursday
30% friday
2.5pish end of week
3p 2
Weeeks

[jtidsbadly] 04/2/2023 14:37

1347: it’s before my time, but isn’t Adrian the gormless-looking young chap who allowed himself to be photographed in a line-up with Steve Sanderson?

[1347] 04/2/2023 14:06

Negan, Adrian is not the curtain man, that's his ex oppo PBoo, they fell out at one point not sure if they've kissed and made up yet.

[letsbuy1] 04/2/2023 13:45

Big Dave went down to site…
Everything is on track

[letsbuy1] 04/2/2023 13:44

Last week of 2 for 1 pricing
Be sat here next week 2.5p
3p in 3 weeks
Wow woo Yes
Have some
Get involved
We are ready for take off

[negan] 04/2/2023 13:44

Astra. Wow lol

[letsbuy1] 04/2/2023 12:15

FIREWORKS 3p this week
Wow wow wow

[negan] 04/2/2023 12:04

Or is it Adrian the curtain salesman?

[negan] 04/2/2023 12:03

This is Letsbuy1 BTW

[negan] 04/2/2023 12:02

No JT. He posted a twitter video on a train which I presumed was passing SFB?

[onetomany] 04/2/2023 11:55

Not following.

[jtidsbadly] 04/2/2023 11:52

Negan: did he really say he was passing Poundland on a train? There’s no railways anywhere near Poundland. Inspector Nipper should be sharpening his pencil.

[negan] 04/2/2023 11:49

Onetomany. You ramped yourself into a spike didn't you..

[negan] 04/2/2023 11:45

Maybe someone should post an investor question asking George if he will be releasing an RNS saying that the sidetrack is flowing gas and will not be following up with another RNS saying yes it flowed gas but it is not uneconomical. Then its out in the open no?

[onetomany] 04/2/2023 11:42

For sure I'm confident in what I'm saying.

[jtidsbadly] 04/2/2023 11:32

That Investor question answer is pretty clear, ontomany. Don't say you’ve got another nosey source in Chiswick who knows differently and this answer is a lie?

Negan: I think they said that the flow rate was expected to decline by c.15% annually. But they’ve also said it will start to decline from the end of February. So any fall this month is likely to be less that 15%. It’s a depleted reservoir, though, it was flowing at 50mmscfd in 2000.

The problem is, if they have to run the wells faster than their natural flow rate, it will damage the pressure in the reservoir and they’ll get less out of it in total over the remaining life of the field. Mercuria have an interest in optimising the long term flow, since they’ve got an 8% of revenue royalty once about 85% of the loan has been repaid. But Anguish owe Mercuria quite a lot of money on the deferred forward contracts and the sidetrack appears to be costing a multiple of its budgeted £4.25mm cost, so Anguish have an interest in maximising the flow in the short term. I’m sure they will have been discussing these conflicting interests in the course of their negotiations over the forward contract and loan repayment deferrals. But when you’re over a barrel, you’re over a barrel, what? They really need to find commercial quantities of gas from this sidetrack.

[negan] 04/2/2023 11:27

Astra. Onetomany posted a twitter video of himself on a train passing SFB and the day prior stating he had a million share order in. He then posted that he had just purchased just shy of a million shares @ 1.6

This is the reason for his desperate ramping...

[negan] 04/2/2023 10:53

Onetomany. Winter is over. Warmer weather. Less demand for gas. Gas storage all across Europe are at 90% capacity. Gas prices falling. SFB flow rates due to drop by I believe 15% at the end of this month?

[onetomany] 04/2/2023 10:48

No it very clearly will allow them to increase flows, albeit maybe only 20-30%. Significant in terms of cash flow so only good news ahead.

[jtidsbadly] 04/2/2023 10:19

onetomany: I know it’s confusing - they seem to contradict themselves in successive Q&A’s but this was the answer to the most direct question on the second compressor:

“when is the second compressor due on site?
how long will it take to pipe in and when is this planned to take place? Asked on 28 November 2022
Due around the middle of this month. The control panel has already arrived. It will take about 30 working days to tie in and contractors are standing ready for the arrival. It should be noted that this will add little in itself to gas sales until the side track well is producing, since the existing wells should not be run too hard. The presence of the 2nd compressor will allow us fall back should the first compressor require downtime.”

In other words, it’s only any good as a standby unless the sidetrack produces commercial volumes of gas. Though it’s perfectly possible that mug punters will buy shares on the announcement of the completion of the tie-in! The first step in the pump and dump.