Angus Energy Share Discussion Threads

[3put] 28/3/2022 21:53

LondonSouthEast ;

Posts: 207

Price: 1.15

No Opinion

London South East interview with George Lucan, MD at Angus EnergyToday 17:11

We were delighted to catch up with George Lucan, who hasn't been able to do many interviews lately because of the restrictions imposed by the Takeover Panel.

What he was able to say today was: "We are continuing to be in discussions with parties." And: "The one thing I can add is that as a board we have worked so hard for this we are not about to give this away for 'a song'. We will drive the hardest bargain that we can in this environment."

Furthermore, shareholders can expect 1.5M therms of gas to be produced from May, and a further 1.5 M therms from the sidetrack well in August (51% of which goes to #ANGS making them debt free by the year end)- and Brockham is to start producing again after a two year hiatus. Please view the interview here: 

[3put] 28/3/2022 21:53

LondonSouthEast ;

Posts: 207

Price: 1.15

No Opinion

London South East interview with George Lucan, MD at Angus EnergyToday 17:11

We were delighted to catch up with George Lucan, who hasn't been able to do many interviews lately because of the restrictions imposed by the Takeover Panel.

What he was able to say today was: "We are continuing to be in discussions with parties." And: "The one thing I can add is that as a board we have worked so hard for this we are not about to give this away for 'a song'. We will drive the hardest bargain that we can in this environment."

Furthermore, shareholders can expect 1.5M therms of gas to be produced from May, and a further 1.5 M therms from the sidetrack well in August (51% of which goes to #ANGS making them debt free by the year end)- and Brockham is to start producing again after a two year hiatus. Please view the interview here: hxxps://youtu.be/AXgCtePbShc

[3put] 28/3/2022 21:53

George Lucan, CEO, commented:

"The focus is now away from skid delivery to installation with the aim of having the site ready for commissioning during April and producing during May. The present gas price forward curve shows very high average prices of over 400 pence per therm for 2022.

In fact, gross production, of which we have a 51% share, solely from the existing wells and which is wholly unhedged for the month of June, is expected to yield 1.5 million therms or gross revenue of £7.2 million at today's forward price for that month alone.

Gross production solely from the side-track, should it be successful, is again wholly unhedged for the remainder of the year and is expected to yield a further 1.5 million therms each month of which Angus share is 51%.

The forward curve remains very high and seems likely to remain high this year and the company is more than anyone else acutely conscious of the need to preserve our timeline in order to provide value to shareholders whether through revenue sales or corporate action."

[3put] 28/3/2022 21:53

ocelot

Posts: 17,469

Price: 1.175

Strong Buy

RE: London South East interview with George Lucan, MD at Angus EnergyToday 20:57
The posters on a rival site have pushed Angus into 2nd position amongst top share forums

[1347] 28/3/2022 21:43

Let's have a sing-song, need to get those placing shares forward sold to the usual mugs..

Any time you’re Chiswick way
Any evening, any day,
You’ll find us all
Doin’ the Chiswick ramp.

Ev’ry little Chiswick gal
With her little Chiswick pal,
You’ll find ‘em all
Doin’ the Chiswick ramp.

Ev’rything free and easy,
Do as we darn well pleasey,
Why don’t you make your way there?
Go there, stay there.

Once you get down Chiswick way
Ev’ry evening, ev’ry day,
You’ll find yourself
Doin’ the Chiswick ramp.

Oy!!

[markbarker] 28/3/2022 21:14

Ho chicken flicker where have you been loading up I hope good lad night night

[chickbait] 28/3/2022 21:02

please don't get Barking Mad Mark started!

[3put] 28/3/2022 20:55

Sorry all, had a few beers after todays exciting interview. Good luck everyone x

[3put] 28/3/2022 20:54

____________¶¶¶
___________¶___¶
____________¶¶¶
____________¶_¶
____________¶_¶
__________¶¶¶_¶¶¶
________¶¶__¶¶¶__¶¶¶
______¶¶__¶¶¶¶¶¶¶___¶
_____¶_______________¶
____¶_________________¶
____¶_________________¶
____¶_____¶¶¶¶¶¶¶¶¶¶¶¶¶¶¶
____¶____¶_______________¶
____¶____¶___¶¶¶¶¶¶¶¶¶¶¶¶¶
____¶___¶___¶___________¶¶¶
____¶___¶___¶_¶¶¶___¶¶¶__¶¶
____¶___¶___¶_¶¶¶___¶¶¶__¶¶
____¶___¶___¶___________¶¶¶
____¶____¶___¶¶¶¶¶¶¶¶¶¶¶¶¶
____¶_____¶¶¶¶¶¶¶¶¶¶¶¶¶¶
____¶_________________¶
____¶____¶¶¶¶¶¶¶¶¶¶¶¶¶¶
____¶___¶__¶__¶__¶__¶
____¶__¶¶¶¶¶¶¶¶¶¶¶¶¶¶
____¶__¶___¶__¶__¶__¶
____¶___¶¶¶¶¶¶¶¶¶¶¶¶¶¶¶
___¶¶¶_________________¶¶¶



JT

[3put] 28/3/2022 20:54

'I may then have a volatile gamble'

Just buy some shares / average down without fuss. You make it so dramatic !!

[3put] 28/3/2022 20:52

___*o..*
_*_o....O.*
____0.*..o.O......o.......*
_O...o......0*..o*:......*
_$$$$$$$$$$$:..o0:::.O*
_$_________$::*:.....o:....0
_$_________$..o:O*:.0:...*.
_$_________$_$$$$$$$$$$$
_$111111111$_$_________$
_$111111111$_$_________$
_$111111111$_$_________$
__$1111111$__$111111111$
___$11111$___$111111111$
____$111$____$111111111$
_____$$$______$1111111$
______$________$11111$
______$_________$111$
______$__________$$$
______$___________$
______$___________$
______$___________$
_____$$$__________$
__$$$$$$$$$_______$
__________________$
_________________$$$
______________$$$$$$$$$

[3put] 28/3/2022 20:50

_______$$$$$$$$$$$$$$_____
___________$$$$$$_________
___________$$$$$$_________
___________$$$$$$_________
___________$$$$$$_________
___________$$$$$$_________
___________$$$$$$_________
___________$$$$$$_________
___________$$$$$$_________
___________$$$$$$_________
_________$$$$$$$$$$_______
__________________________
__________________________
______$$$$$_______$$$$$___
____$$$$$$$$$___$$$$$$$$$_
___$$$$$$$$$$$_$$$$$$$$$$$
___$$$$$$$$$$$$$$$$$$$$$$$
____$$$$$$$$$$$$$$$$$$$$$_
______$$$$$$$$$$$$$$$$$___
________$$$$$$$$$$$$$_____
__________$$$$$$$$$_______
___________$$$$$$$________
____________$$$$$_________
_____________$$$__________
______________$___________
__________________________
__________________________
___$$$$$$$$$_____$$$$$$$$$
_____$$$$$_________$$$$$__
_____$$$$$_________$$$$$__
_____$$$$$_________$$$$$__
_____$$$$$_________$$$$$__
_____$$$$$_________$$$$$__
_____$$$$$_________$$$$$__
_____$$$$$$_______$$$$$$__
______$$$$$$_____$$$$$$___
________$$$$$$$$$$$$$_____
__________$$$$$$$$$_______
__________________________
__________________________

[chickbait] 28/3/2022 20:49

Lets see if there is another placing before 1st gas. I may then have a volatile gamble when I see your weekly drone footage progress pictures of on site activity?

[3put] 28/3/2022 20:46

You sold early Chick didn't you ? Same as HITS.

[3put] 28/3/2022 20:45

MD is suggesting a special dividend by year end + not impossible that by August they will be revenuing 50% of current market cap... EACH MONTH + they still have the oil at Brockham to come.
[...]

[chickbait] 28/3/2022 20:44

and by when?

[3put] 28/3/2022 20:43

Plenty cash coming

[3put] 28/3/2022 20:43

George Lucan, CEO, commented:

"The focus is now away from skid delivery to installation with the aim of having the site ready for commissioning during April and producing during May. The present gas price forward curve shows very high average prices of over 400 pence per therm for 2022.

In fact, gross production, of which we have a 51% share, solely from the existing wells and which is wholly unhedged for the month of June, is expected to yield 1.5 million therms or gross revenue of £7.2 million at today's forward price for that month alone.

Gross production solely from the side-track, should it be successful, is again wholly unhedged for the remainder of the year and is expected to yield a further 1.5 million therms each month of which Angus share is 51%.

The forward curve remains very high and seems likely to remain high this year and the company is more than anyone else acutely conscious of the need to preserve our timeline in order to provide value to shareholders whether through revenue sales or corporate action."

[chickbait] 28/3/2022 20:41

Where is the money in the budget to get Brockham back up and running?

Why so many sells before 1st gas?

I'm not sure if you can forward sell placed shares but if you can and these are being sold then more dilution?

[3put] 28/3/2022 20:41

Shareholders are 100% behind George!

So exciting

[3put] 28/3/2022 20:40

Look how happy he is