Uk Oil & Gas Share Discussion Threads

[beebong1] 15/11/2016 16:37

I'm surprised UKOG are still dealing with Angus.

Angus sold 10% of HHDL for £500,000.

"13.15.2 on 16 December 2014 AHL sold a 5 per cent. interest in HHDL to Danadav Investments Ltd, for the purchase price of £250,000, and a 5 per cent. interest to Essendon Investments Ltd, for the purchase price of £250,000;"

UKOG subsequently paid £1.352m for 8% and EVO paid £0.425 for 2% of HHDL.

UKOG were well and truly ripped off IMO.

Amazing what you find when you take the time to read something.

"Danadav Investments Ltd (Is that Daniel and David?) BROOKS, Craig John and O'CONNELL, Daniel Gerard

Essendon Investments Ltd (Is that Flowermay?) BROOKS, Craig John and BROOKS, Richard John


London listed UK Oil & Gas Investments PLC (LSE AIM: UKOG) is pleased to announce it has increased its direct interest from 28% to 30% in Horse Hill Developments Ltd ("HHDL"), the 65% owners and operators of onshore exploration licences PEDL 137 and PEDL 246 (known as "Horse Hill"). The additional 2% interest was acquired from Danadav Investments Limited for a consideration of £352,000. The consideration will be satisfied through the issue of 44,000,000 new ordinary shares (the "Shares") of 0.01 pence each ("Placing Shares") at 0.8 pence per share.

For a total consideration of £1 million, the Company will receive a 3.9% beneficial interest in the Licences via the purchase of Flowermay's remaining 6% shareholding in Horse Hill Developments Ltd ("HHDL"). The total Consideration, with an effective date of 21 July 2016, is comprised of £150,000 payable in cash and £850,000 in the form of the issue of new ordinary shares in UKOG ("Consideration Shares"). The Consideration Shares will be calculated on the 10-day volume weighted average price prior to the completion of the transaction.

19 March 2015 Evocutis Plc
announces that it has acquired the following further investments:
a 2% interest (being 20 shares) in Horse Hill Developments Ltd ("HHDL"), the 65% owners and operators of onshore exploration licences PEDL 137 and PEDL 246 (known as "Horse Hill"). The additional 2% interest was acquired from Danadav Investments Limited for a consideration of £425,000;"

[datait] 15/11/2016 07:41

we are just waiting on that all exciting news that should be released shortly, then woooooosh up we goooooooooooooooooooooooooo

[moneymunch] 14/11/2016 22:35

Details of sidetrack application via link, from existing production well, applications are made electronically and are more a formality with EA approval in place. Gla holders, Brockham's sidetrack start date anytime now. ;-)



Introduction WONS (Well Operations Notifications System) is an Energy Portal application to allow the UK Oil & Gas Industry to apply for, notify and receive consent for a wide range of drilling and related activities as required under Production Licences.

The primary focus of WONS is the technical (geological and geophysical) basis for planned wells, collating and assigning consent for activities required under the model clauses of Production Licences (and various landward licences). WONS works by a system of online submissions: applications for planned activity (from the operator), consents for that activity (from OGA) and notifications of what actually took place (from the operator).

Applications may be supported by mandatory or optional supporting documents which can be attached to the relevant submission.

Further permits and notifications will be required (for example, environmental permits for offshore wells handled by DECC’s Portal Environmental Tracking Software and for onshore wells, HSE, relevant local
authority and Environment Agency submissions).

However, consent under the Production licence issued by the OGA from WONS will
normally be the final consent in place before drilling can commence.

[moneymunch] 14/11/2016 21:55

ps beewrong , how many posts did you make stating that no application for EA had been made and because no application was in the public domain, no application had been made....HOW MANY????

[lastdrop] 14/11/2016 21:39

Oil minnow Angus Energy shone on its AIM debut
14th November 2016


Brockham oilfield, which is next to Horse Hill
14th November 2016


Angus Energy (ANGS) managing director Paul Vonk
14th November 2016

[markycrispy] 14/11/2016 16:17

F@ck me an up day if we can hold on

[moneymunch] 14/11/2016 16:15

The snide lowlife scumbag basher beewrong and co......were wrong again.....Gla holders....truly transformational potential upside ahead.....a game changer for all on free flowing limestones!!! ;-)

[moneymunch] 14/11/2016 16:07

TIDMALBA

RNS Number : 1331P

Alba Mineral Resources PLC

14 November 2016

Alba Mineral Resources plc

("Alba" or the "Company")

Environment Agency permission received for drilling of the Brockham side-track

Alba is pleased to announce that Angus Energy plc (the "Operator"), has informed the Company that it has today received permission from the Environment Agency to drill the BR-X4Z side-track at the Brockham production oil field, licence PL 235, in which Alba is earning a 5% interest.

The Operator will now seek the Health and Safety Executive ("HSE") and Oil and Gas Authority ("OGA") permissions needed to drill the BR-X4Z side-track at Brockham. We will update the market in due course.

Michael Nott, Alba CEO, commented: "Receiving the Environment Agency's permission to drill the Brockham side-track is an important step. The objective of the upcoming side-track is to increase and prolong production from the Portland reservoir while also giving us an opportunity to assess the potential of, and if successful, produce from the Kimmeridge and Upper Corallian formations."

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

[moneymunch] 14/11/2016 16:06

Gla holders Side track news imminent. .....massive upside more than likely for Ambani et al .....a game changer on free flowing limestones for all. ;-)


Jonathan Tidswell-Pretorius, Angus Energy's Chairman, commented: "Today marks an important milestone in the development of Angus Energy. With existing cash resources and today's placement proceeds, we now have sufficient funds to undertake the drilling programme at Brockham and Lidsey. Significantly, as an OGA approved operator and with two production licences for these fields, we are able to undertake this programme with the expectation that the additional production can be bought on line shortly after drilling is completed. We look forward to updating the market as the results of this drilling become available."

[funkmasterp12] 14/11/2016 11:15

I see Angus's listing has been bullish for the other HH players then!

Oh, wait, no it hasn't.

[temmujin] 13/11/2016 22:48

so 18p open?

[jodeens] 13/11/2016 21:32

Watch out next week for a company called Angus Energy:

[moneymunch] 13/11/2016 18:46

According to Angus Energy's IPO investor presentation which is dated July 2016 and confirms that " EA Standard Rules application for Brockham BR‐X4Z side track submitted".........and as no application for the sidetrack appears to be listed or published, perhaps Angus had asked the EA to keep it confidential due the price sensitive nature of their AIM listing which comes to fruition on Monday????......... UKOG, ALBA and DOR have all stated recently that they expect the sidetrack to happen this year and DL has certainly suggested/stated that this would be the case.....Approval news imminent imho to get Angus IPO off to a flyer.......and get ready for a massive week for ALBA imho.....Significant upside imminent!!! Gla ;-)




Keeping sensitive information confidential

When the Environment Agency consults on your permit application it will let people see the information in your application.

You can ask the Environment Agency not to make public any information that is commercially sensitive for your business (eg financial information). You can do this by including a letter with your application that gives your reasons why you don’t want this information made public.

The Environment Agency will email or write to you within 20 days if it agrees to your request. It will let you know if it needs more time to decide.

[lithological heterogeneities] 13/11/2016 16:41

no, not £3m.

in the Vox interview the Angus CEO said the mkt cap on list is £9m.

[temmujin] 13/11/2016 16:37

so thats around £3m market cap for angus at 6p ish...and thats what they have in the bank so cheap as chips

[theuniversal] 13/11/2016 14:55

6p for angus they recon. Temujin

[moneymunch] 13/11/2016 13:43

Lol King Canute comes to mind.....funky up to his neck....Gla holders...a big week ahead for the Brockham players imho. :-)

[funkmasterp12] 13/11/2016 11:58

I see Angus is joining the party. I'm sure extra boots on the ground will come in handy when trying to find new mugs, sorry, investors to fund all of this apparent activity.I'm sure the private equity holders there will be so disappointed to have to offload.UKOG will need fresh funds by the end of the year. ALBA won't be too far behind. Don't believe the hype. All IMO of course.

[fission453] 13/11/2016 10:11

And UKOG flying at 10p per share!

[fission453] 13/11/2016 10:10

For you temm opening price £50 per share!

[temmujin] 13/11/2016 10:03

does anyone know what sort of opening price for angus?