Uk Oil & Gas Share Discussion Threads

[temmujin] 13/11/2016 10:02

new listings like angus always go ballistic first few days..my advice is buy early tomoro and enjoy the ride for a week or two

[moneymunch] 13/11/2016 09:43

Slide 15 has a footnote:

* EA Standard Rules application for Brockham BR‐X4Z side track submitted.

This is from their Investor Presentation dated July 2016, and so every chance approvals for the sidetrack are already in place.......a GREAT RNS for Angus to release confirming start date a day or two after listing on AIM tomorrow. Gla holders ....Exciting times!!! ;-)

[moneymunch] 13/11/2016 09:01

"Angus’ Brockham Oilfield, with production license in place, provides unique opportunity to fast-track Kimmeridge Limestones field development."

[moneymunch] 13/11/2016 09:00

INVESTOR PRESENTATION JULY 2016
11
BROCKHAM SUMMARY

Horse Hill-1 well test in early 2016 providing compelling rationale to drill
Brockham BR-X4Z side-track into Kimmeridge Limestones

Brockham is a production field under production license PL235

Original planning permission for the drilling of up to six wells at the site
(currently three well bores to surface)

Planned side-track to drill through producing Portland reservoir as well as
Kimmeridge limestone layers and the Top Coralian

Side-track to increase production from the Portland reservoir to >150 bopd
at economic OPEX (P50 first 3yr avg. of $20.4/bbl)

Following drilling and logging Kimmeridge Limestone layers opportunity to
fast-track monetisation of Kimmeridge hydrocarbon potential

[moneymunch] 13/11/2016 08:46

“Proven UK Operator, Producer and Developer”


IPO INVESTOR PRESENTATION NOVEMBER 2016




Production: Side-track to increase production to ~150bopd from Portland Sandstone

Exploration: Kimmeridge limestone layers to be assessed with same side-track

[temmujin] 12/11/2016 21:38

snickergod..i guess you could be right...if brockham is successful then horsehill being only a few miles away means it will also be...my biggest spread bet at the moment is stellar resources ,bought at 0.15p

[snickerdog] 12/11/2016 21:13

Temnujin, not quite, it is good for everyone involved. UKOG have a much larger stake than Alba. This could possibly be the most important drill onshore UK in years and could significantly transform the U.K. onshore oil industry.

[moneymunch] 12/11/2016 10:08

Alba has a 5% interest at Brockham, Ukog has a 4% shareholding of Angus.......a fully funded AIM listed Angus will be good for all and may add value to Alba if Angus's share price starts heading significantly upwards on admission, but of course it's the imminent sidetrack at Brockham that will get things moving for Alba....confirmation of a start date will see a surge imho, successful results and free flowing limestones will be a game changer, and no doubt there will be a stampede for shares in Ukog and the rest of the HH players, where Alba has a 9.75% direct interest, if the the Brockham limestones free flow, which will greatly increase the likelihood of very good results from HH's planned EWT's........exciting times for all with truly transformational upside potential. Gl ;-)

[temmujin] 12/11/2016 08:55

so it just Alba who have a stake in Angus? if so wouldnt their share price rocket too if Angus rockets on monday?

[moneymunch] 12/11/2016 08:31

Paul Vonk MD of Angus Energy #ANGS the guys behind the HH discovery are listing on Monday, talks about their assets potential.

[temmujin] 10/11/2016 18:42

3p plus coming

[temmujin] 10/11/2016 18:41

the chart looks explosive... 14th not far away now

[beebong1] 10/11/2016 16:51

IMO I would ignore Brockham as it is on other side of fault line so will bear no resemblance to HH which is already promising but just needs to be proven.
Brockham has been proven at under 100 bopd in the Portland but like HH not in the Kimmeridge.
Brockham is a splash, HH is a lake.
30% of a lake or 5% of a splash. Not a difficult decision to make.

[mikeygit] 10/11/2016 15:52

Thanks guys for answering my share price values on Portfolios Evening to next Morning!!

[gazza102] 10/11/2016 14:48

Again who cares. You're boring

[beebong1] 10/11/2016 14:42

garywood2

I'm still slightly confused.

PERCENTAGE OF AIM SECURITIES NOT IN PUBLIC HANDS AT ADMISSION: 60.47%

If 150,000,000 shares is 60.47%

100% = 248,056,887 shares (but that does not tie in with 214,980,287 shares mentioned in schedule 1)

39.53% = 98,056,887 shares being offered at 6p = £5.8m


Maths not being my strong point but what do you think? HELP

[beebong1] 10/11/2016 13:35

I'm guessing whoever gets a TR-1 away first!

[moneymunch] 10/11/2016 13:28

Who cares!!!

[beebong1] 10/11/2016 13:13

Cheers for that. I make it £3.84m raised, not £3.5m then.

[moneymunch] 10/11/2016 13:11

Lol garywood, the bloke's a complete and utter numptie, the resident snide desperate share basher....who's WRONG AGAIN.....pmsl....!!! Gl ;-)

[garywood2] 10/11/2016 12:41

Beewrong.
The 214m is the total amount i.e it INCLUDES the 150m already owned.
Now redo your calcs