ADVFN Logo

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers

ANGS Angus Energy Plc

0.325
-0.05 (-13.33%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Angus Energy Plc LSE:ANGS London Ordinary Share GB00BYWKC989 ORD GBP0.002
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.05 -13.33% 0.325 0.30 0.35 0.375 0.325 0.38 15,747,930 15:40:11
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Crude Petroleum & Natural Gs 3.14M -111.95M -0.0309 -0.10 11.59M
Angus Energy Plc is listed in the Crude Petroleum & Natural Gs sector of the London Stock Exchange with ticker ANGS. The last closing price for Angus Energy was 0.38p. Over the last year, Angus Energy shares have traded in a share price range of 0.32p to 1.95p.

Angus Energy currently has 3,621,860,032 shares in issue. The market capitalisation of Angus Energy is £11.59 million. Angus Energy has a price to earnings ratio (PE ratio) of -0.10.

Angus Energy Share Discussion Threads

Showing 24626 to 24649 of 38175 messages
Chat Pages: Latest  987  986  985  984  983  982  981  980  979  978  977  976  Older
DateSubjectAuthorDiscuss
03/7/2022
19:04
JT: I'm sure most want a balanced debate. While you continue to be Yin , i will cotiune to be yang. Clear enough?
3put
03/7/2022
18:56
I do, it's on a plate for them with gas prices sky high
3put
03/7/2022
18:47
You think? We’ll see. Why have Aleph decided not to take up the 273mm. shares which they had committed themselves to buying? In any case, kindly desist from spamming the board in this way. It’s contemptible.
jtidsbadly
03/7/2022
18:32
New investor questions answered

You expect the 2 wells to produce 1.5 mil therms of gas a month. But am I correct in thinking those 2 wells could produce more?

And would I be correct in assuming there is enough capacity onsite for gas from the two wells up to 3 mil therms?

Regardless of the sidetrack. Asked on 1 July 2022
The field having been shut in for so long, all the technical experts expect increased deliverability during the first six months of production. Additionally it was always open to the old Operator to run the wells a bit harder. Generally there are technical risks to pushing a well too hard, but we think that we could do better than 1.5m therms and, likewise the site equipment has some flex in terms of capacity but it would require some thought and planning.

Will there be further sidetracks at SBY in future to reduce the hedged gas at these high prices. Thankyou, and keep up the excellent work. Asked on 1 July 2022
Yes, although none planned for 2022. We would like to open up the southern lobe of the field in 2023 where we see low cost side tracks for high potential returns.

Hi, can the existing compressors be upgraded to produce more gas if needed. Thankyou. Asked on 1 July 2022
We left space for a third compressor in order to handle any potential pressure drop in the two existing wells. If the sidetrack pressure keeps the average across the three high, then we could use the third compressor to increase flow rates. All of the units were sized around 10mmscfd (the target production after side-track) but were build with a degree of redundancy and subject to risk assessment we could increase flow beyond that amount. That assessment will be easier to do once we have steady flow

Hi as an investor I want to know how you feel about the war in ukraine and oil & gas commodity prices rising? Do you think its going to be good for you on the whole. Asked on 1 July 2022
The war in Ukraine has supercharged the continental European markets but in the UK we pay NBP not TTF. Our UK market is heavily reliant for marginal supply on LNG cargoes from US and Qatar. European markets facing supply constraints as a consequence of the Russia-Ukraine tragedy cannot easily switch to LNG because terminal capacity to receive LNG cargoes on the continent is limited. So the UK is not as affected by the conflict as many others.

The real problem is the global dearth of investment in new supply. Take it as read that the timelag from identfication to realisation of a decent gas field is a five to ten year affair. The period of 2015/16 to the end of Covid in 2021 saw the lowest levels of investment in new capacity in 40 years in part because of the commodity price slide in early 2016 and then as a consequence of the impact of climate change activism.

The result is that we are unlikely to see new capacity added in great quantity until 2026 whatever the Russians do. Unfortunately many of the largest fields were in Russia and smaller operators running smaller fields still struggle to raise funds – particularly for exploration or early stage development.

So Angus does see an ongoing high price for natural gas and, to help in our geothermal ambitions, for electricity production which still relies overwhelmingly on gas fired generation. This will be good for shareholders.

3put
03/7/2022
18:32
Apples and Oranges
3put
03/7/2022
11:32
They're both companies with inadequate cash resources and onerous loans with charges attached which have, in DDDD’s case, been applied by the lenders, leaving Administrators in charge and the shareholders looking at the probability of being wiped out. I don’t regard the sectors in which they operate as having much relevance to this discussion, it’s their common financial situation and almost total absence of positive cash flow for years that matter. Shareholders at DDDD are stunned that the management couldn’t raise money through a share placing to tide them over again. Anguish may be able to do this but the apparent unwillingness of Aleph to take up the second placing to which they’d committed themselves must be a worry - to Anguish and to potential placees. And there’s no saying what’s going to happen at Poundland itself this month. When will they be ready? How will it flow? Have Anguish got all the permissions they need? Is the staff training (3 shifts of 6-8 workers?) complete and are the handbooks and operation/safety manuals in place? It’s a made to measure plant operated by a company with no experience of operating a gas plant of any kind, other than clicking the ignition button on the kitchen range when the servants have the day off.
jtidsbadly
03/7/2022
11:09
I had a glance but as far as I can see DDDD is/was a company trying to improve the lives of patients with cancer. I don't see the relevance to an oil and gas play that is days away from selling natural gas to Royal Dutch Shell ?
3put
03/7/2022
10:01
3Put: anything’s possible with AIM stocks. It’s Gullible’s Travels, isn’t it? This unscrupulous management may want the share price higher and if so their unscrupulous friends will help them. I’d be having a look at what’s just happened to DDDD though, if I held these. It’s in the balance.
jtidsbadly
02/7/2022
21:25
2p I reckon
onetomany
02/7/2022
20:45
Do you think we will see 1.5 next week JT? Quite a big gap on the chart after that
3put
02/7/2022
12:40
Thank you, 3Put.
jtidsbadly
02/7/2022
11:52
JT: Nice to see you back
3put
02/7/2022
11:38
1347: yes, that’s my reading of it too.
jtidsbadly
02/7/2022
11:17
Some really exciting answers
3put
02/7/2022
11:17
New investor questions answered

You expect the 2 wells to produce 1.5 mil therms of gas a month. But am I correct in thinking those 2 wells could produce more?

And would I be correct in assuming there is enough capacity onsite for gas from the two wells up to 3 mil therms?

Regardless of the sidetrack. Asked on 1 July 2022
The field having been shut in for so long, all the technical experts expect increased deliverability during the first six months of production. Additionally it was always open to the old Operator to run the wells a bit harder. Generally there are technical risks to pushing a well too hard, but we think that we could do better than 1.5m therms and, likewise the site equipment has some flex in terms of capacity but it would require some thought and planning.

Will there be further sidetracks at SBY in future to reduce the hedged gas at these high prices. Thankyou, and keep up the excellent work. Asked on 1 July 2022
Yes, although none planned for 2022. We would like to open up the southern lobe of the field in 2023 where we see low cost side tracks for high potential returns.

Hi, can the existing compressors be upgraded to produce more gas if needed. Thankyou. Asked on 1 July 2022
We left space for a third compressor in order to handle any potential pressure drop in the two existing wells. If the sidetrack pressure keeps the average across the three high, then we could use the third compressor to increase flow rates. All of the units were sized around 10mmscfd (the target production after side-track) but were build with a degree of redundancy and subject to risk assessment we could increase flow beyond that amount. That assessment will be easier to do once we have steady flow

Hi as an investor I want to know how you feel about the war in ukraine and oil & gas commodity prices rising? Do you think its going to be good for you on the whole. Asked on 1 July 2022
The war in Ukraine has supercharged the continental European markets but in the UK we pay NBP not TTF. Our UK market is heavily reliant for marginal supply on LNG cargoes from US and Qatar. European markets facing supply constraints as a consequence of the Russia-Ukraine tragedy cannot easily switch to LNG because terminal capacity to receive LNG cargoes on the continent is limited. So the UK is not as affected by the conflict as many others.

The real problem is the global dearth of investment in new supply. Take it as read that the timelag from identfication to realisation of a decent gas field is a five to ten year affair. The period of 2015/16 to the end of Covid in 2021 saw the lowest levels of investment in new capacity in 40 years in part because of the commodity price slide in early 2016 and then as a consequence of the impact of climate change activism.

The result is that we are unlikely to see new capacity added in great quantity until 2026 whatever the Russians do. Unfortunately many of the largest fields were in Russia and smaller operators running smaller fields still struggle to raise funds – particularly for exploration or early stage development.

So Angus does see an ongoing high price for natural gas and, to help in our geothermal ambitions, for electricity production which still relies overwhelmingly on gas fired generation. This will be good for shareholders.

3put
02/7/2022
11:08
JT They either need gas being sold pdq or they'll need more funds. As for the Aleph subscription, well no TR-1 on the first tranche, second held back for some reason, the whole thing looks contrived to me, like the takeover routine earlier, resulting in large shareholders selling out just before the Sound offer was pulled.

JA The share price is holding up because the City of London barrow boys want it held up at over the last placing price, I suspect more share are being forward sold before the next shed load hits the market.

Anyway back to the second half in Perth.

1347
02/7/2022
10:00
New investor questions answered

You expect the 2 wells to produce 1.5 mil therms of gas a month. But am I correct in thinking those 2 wells could produce more?

And would I be correct in assuming there is enough capacity onsite for gas from the two wells up to 3 mil therms?

Regardless of the sidetrack. Asked on 1 July 2022
The field having been shut in for so long, all the technical experts expect increased deliverability during the first six months of production. Additionally it was always open to the old Operator to run the wells a bit harder. Generally there are technical risks to pushing a well too hard, but we think that we could do better than 1.5m therms and, likewise the site equipment has some flex in terms of capacity but it would require some thought and planning.

Will there be further sidetracks at SBY in future to reduce the hedged gas at these high prices. Thankyou, and keep up the excellent work. Asked on 1 July 2022
Yes, although none planned for 2022. We would like to open up the southern lobe of the field in 2023 where we see low cost side tracks for high potential returns.

Hi, can the existing compressors be upgraded to produce more gas if needed. Thankyou. Asked on 1 July 2022
We left space for a third compressor in order to handle any potential pressure drop in the two existing wells. If the sidetrack pressure keeps the average across the three high, then we could use the third compressor to increase flow rates. All of the units were sized around 10mmscfd (the target production after side-track) but were build with a degree of redundancy and subject to risk assessment we could increase flow beyond that amount. That assessment will be easier to do once we have steady flow

Hi as an investor I want to know how you feel about the war in ukraine and oil & gas commodity prices rising? Do you think its going to be good for you on the whole. Asked on 1 July 2022
The war in Ukraine has supercharged the continental European markets but in the UK we pay NBP not TTF. Our UK market is heavily reliant for marginal supply on LNG cargoes from US and Qatar. European markets facing supply constraints as a consequence of the Russia-Ukraine tragedy cannot easily switch to LNG because terminal capacity to receive LNG cargoes on the continent is limited. So the UK is not as affected by the conflict as many others.

The real problem is the global dearth of investment in new supply. Take it as read that the timelag from identfication to realisation of a decent gas field is a five to ten year affair. The period of 2015/16 to the end of Covid in 2021 saw the lowest levels of investment in new capacity in 40 years in part because of the commodity price slide in early 2016 and then as a consequence of the impact of climate change activism.

The result is that we are unlikely to see new capacity added in great quantity until 2026 whatever the Russians do. Unfortunately many of the largest fields were in Russia and smaller operators running smaller fields still struggle to raise funds – particularly for exploration or early stage development.

So Angus does see an ongoing high price for natural gas and, to help in our geothermal ambitions, for electricity production which still relies overwhelmingly on gas fired generation. This will be good for shareholders.

3put
02/7/2022
09:36
1347: my calculations the other day arrived at the same conclusion about the need for that second £3mm. I think, as I said then, that it’s more likely now to come from a share placing, rather than from Aleph, who may well be out of their first tranche of shares by now. And probably relieved to be out. In my view, that whole announcement about the £6mm. from Aleph was misleading. Anguish’s failure accurately to update their website on the topic is a disgrace. Shareholders can’t rely on website information, much of which is years out of date, or on RNS’d announcements from these bozos.

Yes, lots of supply to come in two weeks time - or sooner, knowing this lot. They’ve succeeded nicely in getting the price up in preparation but unless the news flow is good, they’ll have trouble sustaining it. Still, as far as Knowe are concerned, anything above 0.65p is likely to be pure profit. More than 200mm. shares, innit? Good show. Whisht.

jtidsbadly
02/7/2022
08:36
Some exciting answers
3put
02/7/2022
08:36
New investor questions answered

You expect the 2 wells to produce 1.5 mil therms of gas a month. But am I correct in thinking those 2 wells could produce more?

And would I be correct in assuming there is enough capacity onsite for gas from the two wells up to 3 mil therms?

Regardless of the sidetrack. Asked on 1 July 2022
The field having been shut in for so long, all the technical experts expect increased deliverability during the first six months of production. Additionally it was always open to the old Operator to run the wells a bit harder. Generally there are technical risks to pushing a well too hard, but we think that we could do better than 1.5m therms and, likewise the site equipment has some flex in terms of capacity but it would require some thought and planning.

Will there be further sidetracks at SBY in future to reduce the hedged gas at these high prices. Thankyou, and keep up the excellent work. Asked on 1 July 2022
Yes, although none planned for 2022. We would like to open up the southern lobe of the field in 2023 where we see low cost side tracks for high potential returns.

Hi, can the existing compressors be upgraded to produce more gas if needed. Thankyou. Asked on 1 July 2022
We left space for a third compressor in order to handle any potential pressure drop in the two existing wells. If the sidetrack pressure keeps the average across the three high, then we could use the third compressor to increase flow rates. All of the units were sized around 10mmscfd (the target production after side-track) but were build with a degree of redundancy and subject to risk assessment we could increase flow beyond that amount. That assessment will be easier to do once we have steady flow

Hi as an investor I want to know how you feel about the war in ukraine and oil & gas commodity prices rising? Do you think its going to be good for you on the whole. Asked on 1 July 2022
The war in Ukraine has supercharged the continental European markets but in the UK we pay NBP not TTF. Our UK market is heavily reliant for marginal supply on LNG cargoes from US and Qatar. European markets facing supply constraints as a consequence of the Russia-Ukraine tragedy cannot easily switch to LNG because terminal capacity to receive LNG cargoes on the continent is limited. So the UK is not as affected by the conflict as many others.

The real problem is the global dearth of investment in new supply. Take it as read that the timelag from identfication to realisation of a decent gas field is a five to ten year affair. The period of 2015/16 to the end of Covid in 2021 saw the lowest levels of investment in new capacity in 40 years in part because of the commodity price slide in early 2016 and then as a consequence of the impact of climate change activism.

The result is that we are unlikely to see new capacity added in great quantity until 2026 whatever the Russians do. Unfortunately many of the largest fields were in Russia and smaller operators running smaller fields still struggle to raise funds – particularly for exploration or early stage development.

So Angus does see an ongoing high price for natural gas and, to help in our geothermal ambitions, for electricity production which still relies overwhelmingly on gas fired generation. This will be good for shareholders.

3put
02/7/2022
08:34
Will there be further sidetracks at SBY in future to reduce the hedged gas at these high prices. Thankyou, and keep up the excellent work. Asked on 1 July 2022 Yes, although none planned for 2022. We would like to open up the southern lobe of the field in 2023 where we see low cost side tracks for high potential returns.
3put
02/7/2022
08:24
JT
It's going to take a couple of weeks at least until it's running at full capacity. The staff aren't going to just go into a 24hr 365-day shift pattern from the get-go are they?.......the support guys from the fabricators wouldn't be keen on that either would they. Looking at the historical records it looks like they slowly ramp it up in any case.

I had a look through the Interim Accounts properly this morning and I cant see how they can pay for the sidetrack (and fulfill the loan requirements) without the next £3 million from Aleph!

Why hasn't this come through yet? Obviously, they have all the information they need to proceed but as yet seem to have chosen not to?

It's actually quite surprising the share price is holding up so well with a £3 million placing at @1.09 shadow hanging over, and the knowe £1.4 Million CLN being able to be converted from the 17th July.....Presumably at.65 unless knowe gave permission for the 3rd December placing (but why would they possibly give it)

"On 3 December 2021, the Company raised gross proceeds of £750,000 through the placing of 115,384,611 Ordinary Shares to certain institutional and other investors at a price of 0.65 pence per share.

ja51oiler
02/7/2022
07:34
You expect the 2 wells to produce 1.5 mil therms of gas a month. But am I correct in thinking those 2 wells could produce more?

And would I be correct in assuming there is enough capacity onsite for gas from the two wells up to 3 mil therms?

Regardless of the sidetrack. Asked on 1 July 2022
The field having been shut in for so long, all the technical experts expect increased deliverability during the first six months of production. Additionally it was always open to the old Operator to run the wells a bit harder. Generally there are technical risks to pushing a well too hard, but we think that we could do better than 1.5m therms and, likewise the site equipment has some flex in terms of capacity but it would require some thought and planning

3put
02/7/2022
07:33
Will there be further sidetracks at SBY in future to reduce the hedged gas at these high prices. Thankyou, and keep up the excellent work. Asked on 1 July 2022
Yes, although none planned for 2022. We would like to open up the southern lobe of the field in 2023 where we see low cost side tracks for high potential returns.

3put
Chat Pages: Latest  987  986  985  984  983  982  981  980  979  978  977  976  Older

Your Recent History

Delayed Upgrade Clock