Angus Energy Share Discussion Threads

[solo4yous] 16/11/2021 13:28

Lets stick to the non NIMBY, NON LOCAL, NON SHORT SELLER, NON LONG TERM STUCK At 5-10p folk who refuse to sell or still hold a grudge side of it all.

We are the business end of the Saltfleeby Project.
Await Approvals from EA and National Grid post Fatory Acceptance Tests etc.

A real project but hijacked but very negative posters who are clearly determined to see this all fail.

Idiots.

[sincero1] 16/11/2021 13:22

solo - jtisadly probably is a local - only posts on angs and only negative supposition.

ja51contractvoidoiler - halfwit easily lead bitter investor , ditto uclot .

13reallyneedsahobby47cptmainwaring ... just a pompous nobody who appears to lose on every investment judging by his posting history on here and other boards

[solo4yous] 16/11/2021 13:21

Peterashbeck

Posts: 364

Price: 0.875

No Opinion
Saltfleetby RevenuesToday 13:17

My calculations below of Saltfleetby revenues at an average of £0.98 per therm over the 18 month period (max £1.16 and min £0.94. This is fairly below the current summer forward pricing which is £1.08 / therm.

1. In the event that everything goes to the company’s plan then Saltfleetby will generate 10mmscf/d after the sidetrack. This will result in delivering between £2 million and £2.4 million per month in revenue even after the hedge is factored in at the highest rate of 5.38mmscf/d in Jan-March 2023 – Total value between July 2022 and December 2023 of £41 million before operating costs.

2. In the event that the sidetrack is unsuccessful then we should still be looking at a gas generation of approx. 7mmscf/d from the two existing wells at the field producing with the extra pressure that the company think will be available for 18 months post shut-in. In this instance Saltfleetby would generate between £1.1 - £1.5 million per month even after the hedging is factored in. Total value between July 2022 and December 2023 of £24 million before operating costs.

3. In the event that the sidetrack is unsuccessful AND there is no additional pressure in the well then according to the OGA figures the field should still deliver a gas flow in excess of 6mmscf/d. In this scenario the field will deliver between £800k per month and £1.2 million per month - Total value between July 2022 and December 2023 of £19 million before operating costs.

So there is a £22 million difference between the revenue generated over 18 months if the sidetrack is successful, which is clearly substantial - but £19 million over 18 months even without the sidetrack is still a very significant amount of money.
If the gas prices continue to rise then the numbers could be stratospheric.

[solo4yous] 16/11/2021 13:16

Jeez so much deramping over the weekend and over 2 tweets?!

You boys really are LOCALS arent you?

Idiots galore.##NPV10 £25m for Saltfleeby, let that sink in!

[solo4yous] 16/11/2021 12:55

It sure is flying!
220p+ per therm#
Nice, hence Angus can push on towards a First Gas attempt in Q1-Q2 2022!

[sincero1] 16/11/2021 12:49

jtisadly back posting as himself .. to me , to you , to me , to you ...

[davemarn] 16/11/2021 12:46

Gas flyingDo it like a ladyShe's got it we got itShorters are just greedy

[jtidsbadly] 16/11/2021 12:44

cudswallop: if you really believe it’s possible to short this, then you need to be worried. The Lenders would have good reason to short it. Though they might think it unethical.

[davemarn] 16/11/2021 12:35

I want all sellers to keep going Awaiting EA NEWSGOOD LUCK

[davemarn] 16/11/2021 12:29

I live youYeah yeah yeahBe mine be my baby lol

[davemarn] 16/11/2021 11:46

JaforHello my love.Love can build a bridge

[davemarn] 16/11/2021 11:45

Nice drop... Spread is 0.80p to 0.88p Large enough to make it untradable.

[davemarn] 16/11/2021 11:43

Ja51Locals don't like this company fair enough.What you have to consider is that in June/July 2022 it was 90% complete as noted in Council Meeting Minutes.

[ja51oiler] 16/11/2021 11:40

Wow

Another user name......or two... or three....Just on ADVFN
...


HTTP//samemuppet/posting/to/the/same /sadtwitterlink


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Same guys who did the 3-week pipeline......Only that's taken over a year and still not finished if we are to believe those Twitter updates.

[davemarn] 16/11/2021 11:10

WowAnother update ...HTTPS://twitter.com/zopelyforver/status/1460565638754316289

[davemarn] 16/11/2021 11:07

SinceroWhen the company provides a comm whatever its content they hate it.One would think they want Angus Energy to fail.Only local NIMBY or shorters or those who have lost a fortune want this.Angus value is here in my opinion.

[sincero1] 16/11/2021 11:04

a few new pics on twitter , the resident old grey disingenuous window lickers will not be happy... posts of negative supposition incoming .....

[davemarn] 16/11/2021 10:54

Very true 3putThere is no hedge on production until July 2022. What is the value of all production from March 2022 to July 2022 at the prices on the present NBP Heren forward curve for these months with and without the side track? Asked on 21 September 2021The short answer is the field ,on the original CPR plateau volumes but at the latest forward curve prices, might generate £17 mllion over those four months with the side track and about £8.5m without it. Angus share is 51%. Ordinary opex might be about £0.6m excluding debt service.The forward prices from are given below in $/MMBTU (approx pence/therm equivalent in brackets). Prices from ICE for contracts for Q2 in pence/therm in particular seem to be a penny or two better which is probably the £/$ exchange rate (see Heren March $28.583 (213p); April $16.679 (119p); May $14.260 (102p); June $13.774 (98p), given a conservative conversion rate of volume (mmscf) to heat value (therms) â€" i.e. multiply mmscf by 10500 to get therms â€" the field would generate in total over those four months gross revenues for all partners of £17.1 million at 10mmscf/d (i.e. CPR plateau production with side track) or £8.6 million at 5 mmscf/d (i.e. CPR lower plateau production with no sidetrack). Operating expenses for full year 2022 according to CPR might be of the order of £2.3m and therefore for this period would be c. £0.6m.All of this information is already publicly available, and we stress these are presently notional numbers arrived at approxmately and that these prices are not hedged in any way and therefore might not be available come production in March etc. However whilst the final outcome may vary considerably, we and our partners do anticipate strong demand for gas in the coming years regardless of short term price effects.

[jtidsbadly] 16/11/2021 10:54

JA51: the plant in that Twitter item yesterday is not listed in the AEWB3 charge document schedule, is it? It appears to be part of the kit they bought second hand from an abandoned site next door to Poundland. I wonder what it cost. I hope Bill Oddie is feeling better this morning too.

[davemarn] 16/11/2021 10:51

Yes,Meanwhile Stealth Market Shorters need to keep making a difference.No one without a motive posts. Just like positive posters who want profit from a rising share price. The likes of JT have only one aim to get their lives back as he is probably a local! And short sellers loving the drops!