What an absolute shocker of an RNS released today at 12:30pm by the biggest load of bullshitters that inhabit the AIM space. So it’s come down to this, after literally hundreds of millions of pounds in placings, warrants, options, consultancy fees, director fees & good knows what else, the utter shameless shysters, who’ve pocketed tens of millions of pounds, at the very least, announce that the “Billions I tell you billions of barrels of oil in the Weald Basin” is net to United Kingdom Oil & Gas (LON: UKOG) 60 bopd, on a good day.
And as one last fraudulent ‘Hurrah’ UKOG are pretending that it’s actually 362 bopd. But further down in the ‘Tissue of lies’ (RNS), those who have more than a 10 second attention span & actually read verbatim RNS’s, learn that the 362 bopd is an analysis based on data potential.
HH Portland never flowed at 362 that number is theoretical analysis from Xodus, you’ll remember them as the chaps who basically said that Angus Energy (LON: ANGS) only just made it over the line to IPO with Lidsey/Brockham. And we all know the actual flow-rates currently coming out of Lidsey/Brockham. Zippo…. The actual flow rate from Horse Hill Portland was 140-160bopd! UKOG own 46%, so do the maths on real flow rates not fantasy ones. 60 bopd! That’s it folks….. Of course those who took their time to correctly research the Weald Basin by reading what the British Geological Survey based their opinions on would know that in the whole of the Weald Basin there’s approx’ 11 million barrels of oil recoverable.
But not to worry as UKOG have now employed yet another Broker. Come on down Novum the new Broker and you all know what’s coming next? Fill in the blanks. P_A_I_G.
There really are some real dumb fookers out there who swallowed, hook, line and sinker the whole Billions of barrels falsehoods. Not to worry the likes of David Lenigas made a fortune selling into the orchestrated rises. You lot are, as my sources, tell me what the shysters refer to as the ‘Meat in their liquidty sandwich’
Have a nice day…. 60bopd. I just can’t stop laughing….
Well I never, would you ‘Adam & Eve’ it? The great United Kingdom Oil & Gas (LON: UKOG) is now officially in its ‘Death Throes‘ . Of course you were all warned many, many times not just by ‘Yours Truly‘ but by many, many other ‘Savvy’ commentators on the wholesale ‘fairy tale’ deception that is and soon to be, was the ‘Gatwick Gusher’ that never gushed. Except for the likes of those who were complicit in the massive over promotion.
Come on down David Lenigas, whose whole career is one of massive wholesale lies, deceits and down right corporate fraud, only yesterday Liargas was feverishly STILL tweeting his pearls of wisdom on how super and world-changing UKOG and Angus Energy (LON: ANGS) would be.
#Liargas
Yesterdays RNS had a telling small paragraph hidden at the very end of a CPR ramp. The company is thinking of becoming an ‘Operator’ as opposed to an investing company. That doesn’t make any sense whatsoever. Now that bit of news is significant in the fact that becoming an operator means they get suspended and have to basically apply for re-admission. And re-admission means UKOG have to raise further cash. But the most salient point is being missed. This suspension will coincide with the Horse Hill drill, which means that there’ll be no trading the shares for those daft enough to hold them. There’s a real possibility that UKOG may never come back. The corpse being buried now is the typical end game of the Liargas ‘modus-operandi’.
Once the fat man has rinsed every last drop out then he and his cohorts walk away. Liargas always comes in, massively overpromotes for a couple of years then leaves citing some bullshit excuse such as the company have institutions now wanting to take it to the next level etc While at the same time, once he’s out, then the plethora of consultancy fees and warrant exercises kick in for him. I’ve studied fatty for quite some time. Usually 3 years after he leaves then it all goes tits up. Of course this allows fatty to put time between him and his over -promotes and have the appearance of ‘Clean Hands’ where he can stand up and say “I left the company 3 years ago. Nothing to do with me etc. He’s basically got ‘legal cover’ if any of his bullshit UK promotes comes near a UK court. If Liargas was in the USA he would now be in an orange jumpsuit.
Today’s ‘cough’ on a placing is further bad news for the gullible. Adding insult to injury. Hundreds of millions have been raised and ‘rinsed’ yet we still await the oil. So far we’ve had five milk bottles from Broadford Bridge (fiasco) & absolutely ‘jack shit‘ from the Gusher other than a deception of a 7.5 hour IP that they extrapolated to death! Coming up with a few hundred barrels. Where is the oil?
You can fool some people all of the time but you can’t fool all of the people all of the time. David Lenigas you are now fully exposed yet again for what you are. Shyster.
Today yet again we have ‘yet again’ another scandalous placing & acquisition RNS and a Board change RNS from the corporate crooks who run Andalas Energy & Power (LON: ADL). Make no mistake these fookers are running true to form. The RNS’s contain blatant lies. Which I will expose further down in this ‘Epistle to the Morons’.
Mug Retail Punters woke up this morning to yet more horse-shit via the bush-tucker system. I say ‘Bush-Tucker‘ for good reason as my sources, who are 100%, have kept me informed on #ADL at every twist & turn. More of why I’m using an Aussie term further down in the blog…
What is happening at Andalas Energy? Well I’ll expose it and expose it in full! Today’s Placing/Acquisition wasn’t news to me as I already knew months ago about the new asset and knew on Thursday/Friday that the joint cunts, Novum & Optiva were lining up a placing. Sadly I only had 2 sources. (The BMD rule on solid info is that I have to get at least 3 separate sources unconnected with each other before I run an article.)
RNS LIES
Investors who are currently holding ADL stock are in for a wipe-out via a massive share consolidation and another placing. Todays RNS’s contain blatant lies. Gorringe has stated; “Indonesia offers significant potential and we remain committed to our existing projects and strategy there”.This is a blatant lie.
As is this;“On behalf of the board, I would like to extend our thanks to David (Whitby) for his service to the Company, he brought passion for Indonesia to Andalas and we wish him well in his future endeavours.”
New Name. New Asset. New BOD. Consolidation & Wipe-Out. Rinse Repeat!
David Whitby, outgoing Chairman, said “I am proud of what the team has achieved in Indonesia, whilst the Company has not done enough to show the market that the foundations built over the past few years will generate shareholder value, I am confident that I leave the Company full of opportunity. I wish the team and shareholders all the best as Andalas executes its new focused strategy, which has the potential to make 2018 a significant and exciting year for all involved.”
For a company to opine such blatant shite in an RNS is testament to how detached from reality they have become from their share-holders. There is no shareholder out there who, hand on heart, would agree with the utter shite above! Whitby and Gorringe have decimated ADL and raped it since day one with a series of worthless paper deals. Not one therm of gas or drop of oil has been produced, yet tens of millions of pounds have been fleeced out of UK investors. They’re now being paid off to fuck off. For Whitby or indeed any of the sad sack of shit that run this company, to state such utter bolloxs gives away exactly how they see shareholders. Gullible fools bent over & willing to be repeatedly financially sodomised, with the help of the likes of BigGob, Bellcunti & the Gunslinger a.k.a Doc Holiday etc. You’ll all remember them with their incessant ‘Share of The Year’ shysterism…
SHADOW DIRECTING
Those who are basically shadow directing ADL have no intention whatsoever of progressing Indonesian assets because they know they’re paper assets and worthless. The plan which is being shadow directed by Paul Hayward (Block Energy) Novum brokers Colin Rowbury, James Sheehan & Optivas Christian Dennis, (you may recall some of those names as these were the people who installed the crooked Whitby crew (and kept it going) at the beginning of this long, sad, tortuous tale and what a tale it has turned into) is to reinvent ADL and slowly flip out the majority of the board quietly over a period of months, bring in new blood, while at the same time changing the company’s name, employing professional PR/IR and changing the emphasis/direction of the company. Hence the new asset…. It is a reinvention of the wheel, a passing on of the ‘cash cow’ that allows those at the pigs trough to keep feeding and filling their pockets.
And pray tell just where in the name of God are ADL going to get their 14.75% share of an offshore drill in the North-Sea for the Licence P2112 ? The cost of which is up to circa £50,000,000 sterling…. It cannot be done unless they jettison the entire Board of ADL and run away from Indonesia and wipe out existing shareholders via a massive Consolidation and placing and that folks is exactly what those shadow directing this POS are about to do!
As for the rest of Licence P2112 who is going to come in? My sources are telling me that, that other super sodomiser of UK Retail Mug Punters, Solo Oil & Gas (LON: SOLO) are also in discussions with Eagle Gas LTD. And we all know who really has their fat sticky ‘didgeridoos’ in SOLO. Come on down the fat Aussie Liar and corporate conman His Excellency ‘LordLieAlot’ take a bow David Lenigas!
Most followers of the HorseHilster companies will be eagerly watching the group of companies that have various slices of the Horse Hill pie. Not least because they always place. That’s because none of them have any production whatsoever worth a hill of beans and cash is as we know critical. Hence the UKOG Death Spiral that is currently smashing the Mug retail punters every time there’s a Death Spiral CONversion.
So who will be the next to place?
It’s known by this site that their is a strategy on organised placings in-order of seniority. They all work together and they all piss in the same pot when it comes to raising cash and massively over-promoting. That’s certainly not fair on the ‘Average Joe’ so we here always try to level the playing field and get the news out in the interests of fair play. I mean we’re British and we unlike the shysters running these Aussie outfits don’t tamper with our balls to gain an advantage! It’s just not cricket!!!!
So without further adoo doo doo there’s a whisper/s of a big discounted Placing underway at Alba Mineral Resources (LON: ALBA) Now it ‘s unconfirmed as it’s come from 2 different unconnected sources. I only confirm when I get 3 sources (unconnected). Such is the stringent criteria of ‘Yours Truly’
You’ll all know them as a company that has consistently failed to do any thing other than create wealth for their Board and the usual corporate hangers-on. Ostensibly what Alba are saying is that this placing is to help to fund ‘Greedland’. But in reality it’s to help them fund their #HH share of the bill and pay themselves their corporate fees.
What better way of keeping the lights on by getting the Mugs to pay the bills…
Remember you heard it here first on the UK’s favourite iconoclastic anti-City of Mammon blog!
The Angus Energy (LON: ANGS) ‘Jackanory’ just keeps going from bad to worse. Todays ‘epistle’ from the ‘Kimmeridge Crackpots’ sees ANGS throw their hat into the Balcombe license. Balcombe was first drilled and abandoned by ConocoPhillips in 1986 it was then left to rot until the fracking outfit Cuadrilla drilled an appraisal well then a side track in 2013. Both wells were again abandoned after the ‘appraisal’ appraised them as worthless. That’s because no oil flowed from any of the zones drilled and obviously the ‘fracking case’ couldn’t be made at the time because of the political fallout.
So what better for the Board of Angus to take 25% off Cuadrilla/Lucas Bolney Ltd and start up a rinse repeat operation screaming kimmeridge…. Great business…….
Abandoned by 2 other oil companys…
Lets spend over £4,000,000 that we don’t have and take 25% of an abandoned well! We’ll not put in the details of the well and the side track being abandoned, instead we’ll talk about kimmeridge. Even though we’ve got absolutely no production whatsoever from the kimmeridge clay either at Lidsey or Brockham. Apart from the facts that we have cash-burning capex at Lidsey and Brockham as well as hefty drilling cash commitments of £800,000+ at Holmwood1, not to mention the ongoing PLC costs of an AIM listed company….
Sounds like the ‘Jackanory’ has failed to realise several salient points. The first being that most now know that the constant allusions to kimmeridge ‘Billions I tell ya Billions of Barrels of Oil’ are about as truthful as that well-known corporate bullshitter (Lord Liealot), David Lenigas not selling his UKOG/ANGS shares into the orchestrated Pump & Dump. The others being that common-sense dictates that ConocoPhillips and Cuadrilla deemed Balcombe to be a failure, which is why both companies abandoned it and Cuadrilla/’Baloney’ has farmed out 25% to ANGS.
But hey let’s be rather generous, ’cause I’m a generous chap, and say that Balcombe actually flows oil. Well then you can expect that it will be a bread and butter piss poor producer on-trend with that other world-changing über ramped global changing ANGS asset, Lidsey. Scores on the production doors 40bopd that’s 20bopd net to Angus. Lidsey is uneconomic. And production at Lidsey is falling….
I’d say that cash at Angus is like the great kimmeridge and Lidsey/Brockham fairytale OIL JACKANORY, rather thin on the ground and stretched to breaking point.
There’s a huge financial gap that needs to be plugged to keep the ‘Show’ on the road. £5,000,000 placing looks likely to me. And for those ‘Howler Monkeys’ who are screaming NEX Bonds…. Please don’t make me laugh. You’ll note that the Company have not updated on the NEX Bonds since 29th September 2017. That’s because the NEX Bonds are dead in the water, them being tied to production and a declining 20bopd doesn’t get you much in the way of cash on the Bond….
The share-price is headed down and could hit 3p. That’s about what they can expect to get on the next placing and make no mistake there’s another huge discounted placing coming.
NEW WORLD exclusive yes I shit you not! News has reached ‘yours truly’ that a Mr Big a BARON of the UNITED KINGDOM OIL & GAS community has been arrested. Read on to find out exactly who it is and WHO had him shackled like a common criminal.
The Worlds’ ‘most dangerous man’ was arrested and interviewed under caution a complaint had been lodged with the City of London, Westminster Police by a SOLO complainant. The crime, which was so SIRIUS, had been reported to the highest levels, MI5, MI6, Special Branch & indeed Special K all were involved in the co-ordination of an operation code named ‘GREEN DRAGON’. Sauces indicated the arrest & interrogation was watched via video link by No10 Downing St. Teresa May personally signed the arrest warrant, after SOUND advice that National Security and ANGLO AFRICAN relations were on a knife edge. The ensuing operation was an ECHO of the one that nailed Osama Bin Laden.
NIGHTHAWK helicopters were hovering over the scene of the arrest and were seen flying round the Malvern Hills reminiscent of a world war II SPITFIRE. Officers, specially trained, arrived via what one bystander said was a “CHARIOT of vehicles”. Armed tacital units quickly alighted and began the ASCENT of this most dangerous mans lair. A castle atop the Malvern Hills. Like a HURRICANE officers rushed towards the battlements in what can only be described as a PREMIER operation that ended in TOTAL success.
Dr No Comment. Britains most dangerous man. As tough as RED ROCK
The apprehension of Mr Christopher Williams a.k.a ChrisOil! Public Enema No1! lol!!!!!
Yes I have it on good authority that ChrisOil the notorious Malvern ‘Gangsta’ a man at the ZENITH of the AIM cess-pit was interviewed at a High Security police station in Worcestershire last week. Oh my giddy Aunt whatever will the neighbours think….
However PROVIDENCE was smiling on Mr Williams due to the SOUND advice from ‘HIS’ crack legal team who were flown in from south FALKLAND. It’s reported that Williams choose to exercise his REGAL right to refuse to comment, what else from Britains most dangerous man but the first tenet of Cosa NOSTRA. The unholy TRINITY of the mafia!!! Silence from the GOLDEN SAINT who was shackled using the toughest metal on planet earth ‘SULA’ IRON. No matter how hard the officers tried to break him ChrisOil remained HARDY not a word came from pubic enema No1….. It was SILENCE THERAPUTICS all the way…..
Optiva Bucket Shop GLOBAL headquarters. Next to a Brothel above a barbershop. Pack of 4?
So just exactly what was the alleged crime and more to the point who was the instigator of that complaint. As I understand it from my INDEPENDENT RESOURCES, the alleged crime was… wait for it wait for it…. A tweet! The complainant was….. wait for it wait for it…. An Optiva Securities Employee also known as a ‘scumbag’ yes you know them, the biggest bucket shop brokerage on the London Stock Market. The purveyors of pump & dumps the wankers who shaft their own clients on a daily basis suckering them into some of the biggest POS’s on the AIM run by none other than Christian Dennis & co, aligned to the fat aussie share ramper David Lenigas, operating their bucket shop above a barbers and next to a euphemistically called ‘lap dancing club’ also known as a Brothel! It has taken STERLING work on my behalf to bring this out into the public domain.
The complaint was made in Feb’ 2017. A most interesting conversation indeed. I spoke to The City of London Police last week. You’ll all know them as the brave men and women who have their hands full protecting the public from such threats as the London Bridge Terrorist Atrocity and serious organised crime. Whoever the Optiva fooker is who wasted valuable police time investigating a none crime should hang their heads in shame. What a ‘Pussy’. I emailed Optiva but as yet they too have remained silent. The silence of the lambs about to be slaughtered and ridiculed on social media.
The ‘boys & girls’ in blue have got better things to do then be forced into a wild goose chase after a phantom twitterer… No doubt the Optiva shysters were all having a good old chuckle in the wine bars and the ‘Brothel’ at the way they’d manipulated the rozzers into arresting Williams last week. If I was a mug punter signed up with ‘Optrivia’. I’d be closing my account pronto. Not least because Williams is still one of their clients! Customer Care?
It was one tweet making threats of a skoolboy nature. Suffice it to say that there was no evidence to link poor ChrisOil to what the rozzers refered to as a ‘Malicious Communication’ that didn’t I repeat ‘didn’t’ come from Mr Oil’s twitter. But did originate from somewhere in the Birmingham area! FFS! Such flimsy evidence which is no evidence, didn’t produce the hoped for Rendition to LENI GAS CUBA. File closed! No Further Action! Dismissed by the Crown Prosecution Service, filed under bollox. Case Closed. Victoria Oil & Gas to Mr Williams.
If anyone knows the name of the actual ‘pathetic broker’ who lodged the malicious complaint please do send it in to me.
I have some ‘experience’ in police matters and jurisprudence. There is no way that the police would have progressed this without a concerted effort on behalf of the complainant/Optiva. I get regular threats on twitter, email and occasionaly on the phone. I would never run to the police as I recognise exactly that those that indulge in such childish pranks, and that’s all it is, are halfwits. The fact that Optiva sought to TRAP ‘OIL’ & implicate him in such childish nonsense speaks more about them then it does about Williams, who as I understand it, sailed through the ’10 hour interrogation’ and came out ‘VALIANT’, as fresh as a ROSE but with no DESIRE to rinse repeat the experience. IGAS all is well that ends well…. And it really doesn’t MATRA in the grand scheme of life…
I can only assume that Optiva are run by pussies….. Ohhoooo the embarrassment…..Having your arse kicked by ChrisOil and every fooker on twitter, the financial chat sites, as well as every brokerage knowing it.
Once again I’m laughing into my porridge this morning. It really does take the biscuit when ‘comrade’ Tom Winnifrith comes out with such utter shite on the complete and total failure that is Red Rock Resources (LON: RRR). You can read the twisting & turning by clicking HERE But it is good to see that Tom’s ‘lieabetes’ oops sorry diabetes is now under control and he’s back running to form. People often ask me why I deal with TW. The answer to that is this; Winnifrith, regardless of what you think of him and my thoughts on him are widely known, can when he occasionally purges the spite and poison that runs through his diabetic veins, write excellent articles when he so chooses. Sadly he suffers from subjective, selective, memory recall which all too often surfaces. He who pays the piper plays the tune. Come on down Lenigas, Lofgran, Bell and many, many more.
RRR L Fraud = LifeStyle Company
So when is a Death Spiral Finance agreement not a Death Spiral Tom? Apparently it’s when your bestest buddy whose been paying you tens of thousands of pounds over many years to promote his POS companys signs up for one. Red Rock have a Death Spiral finance with YA Global, commonly known as Yorkville. The euphemisms are aplenty in the shareProphets article, Alternative financing, Smart deal, This is not a death spiral, Cash to cash loan etc. etc. etc. Let’s forget the 15yrs of total failure and the misery that share-holders have endured since day one of the reign of Andrew Bell, known by investors and the City as #CalamityBell, the raising of many tens of millions of pounds, the flip flopping of the ‘story’ and the cold hard fact that this mining company has never opened a mine in 15 years! It is a lifestyle company to put it mildly.
CalamityBell Challenged to Debate!
Andrew Bell is a corporate crook if he wishes to challenge my statement then he is invited to do so through the Royal Courts of Justice, if he wants to debate with me face to face his disgraceful 15yr non-performance on TipTv or The FinancialFox then I will oblige.
Bell will use and say any and anything to negate the TOTAL, SHOCKING, DISGRACEFUL performance of Red Rock Resources. Even blaming President Obama… Ffs is it me or does anyone out there actually believe the utter cock that Bellend tweets and ramps? One only has to go back to their Initial Public Offering (IPO) to see just how many times the ‘Jackanory’ has changed here! Each and every ‘Jackanory’ used to ramp the fook out of the RRR share-price, each and every time placings aplenty and massive dilution and ultimately a resetting of the stock clock via CONsolidations. Oh and lets not forget the corporate largesse, just how much cash, stock and options has ‘Bellend’ had out of this company since day one? I seem to recall he awarded himself ‘performance’ options. Just quite what performance they relate to is a mystery…. Bit like the Bermuda Triangle. He’s made millions upon millions. Share-holders have been wiped out more times than I’ve had hot dinners. If RRR was a race-horse it would have been shot years ago to save on vet fees.
So for Winnifrith to be banging the drum that a Company that’s just taken on a $4,400,000 debt with a 13% coupon that is secured against the company assets, its shares and finances from known Vulture Financiers isn’t a Death Spiral shows the sheer bloody hypocrisy and the subjective paid for thinking that clouds the flawed genius that can be TW. There is one ‘constant’ when it comes to CalamityBell; Placings. Bell will run to form very soon and PLACE yet again, Rinse, Repeat. Ask yourselves this; What would a genuine Independent Financial Advisor (IFA) advise? Therein lies the truth…. Sell up and get the fook out.
It’s looking mighty good on London listed Zenith Energy (LON: ZEN). Two days ago Mr Zen (CEO Cattaneo) reported a jump in revenue for its third quarter as it began production from Azerbaijan. The numbers give a flavour of the massive potential and a pointer. Net Cash revenue for the third quarter jumped to circa $350,000. Extrapolating that forward 9 months comes in at a whooping $1,400,000 of cold hard cash. However this figure is likely to be significantly more, if as my sources are indicating, bopd doubles/trebles/quadruples. Ergo you can multiply that cash figure up to a potential of $5,000,000+ dependent on how high their bopd goes.
Which is why the Lenigas/Optiva Crew, Operating out of Jermyn St, are STILL actively agitating through their various ZEN interests, held by Gunsynd (LON: GUN), Optiva (Bucket Shop Shysters) and another Lenigas company, for ‘Board Involvement/Hostile Takeover’. They are after the cash and massive bopd potential. No doubt to do what these fuckers always do and that is rape the finances, place, rinse, repeat and filter the cash out via dubious incestuous deals with ALL the Lenigas puppet companies. Fuck Off you fat Aussie Share Ramper and stay away from this super gem of a company. Be gone fat one!
Share Price.
The brake on the SP at the moment comes from their Canadian placing at $7 Cents. Once most of these have sold out and certain warrants are exercised then there’s no brake, other than the usual profit taking/trading. The trend in value should be accretive with upward movement towards 20p.
Sources.
You can always tell when a company is on the up when the Corporates/Brokers are offering their services. London sources are telling me that several brokers are choking on their tongues trying to get a slice of the Zen pie. One brokerage in particular is due to go out on a site visit in the not too distant future…
If you look at the pre-tax loss of circa £985,000 in the third quarter of 2016, a quick check of where a large portion of this has come from are “One off payments”. Much of this is down to their IPO costs. The next “quartile” will add significant revenue and production. So says my analyst/s contact.
Workovers.
Zenith listed in London in January, raising GBP3.2 million. A month later, it sold its assets in Argentina to strengthen its balance sheet, and began a work over project at its Azerbaijan operations. Zenith are targeting 15-20 well work overs by the end of 2017. Each well could add, as an average, up to 50 bopd per well, some may produce more some may produce less. The 1,000 barrel of oil a day target is well within reach. My information on the present work is that the Q4 update could announce a doubling of production up to 600bopd. It is known that the Company are very confident on the work overs. From what I can gather no downtime on site other than the usual challenging weather which is part and parcel for this region.
It’s all to play for here, not least the ‘Takeover’ machinations…..
What an absolute shocker of an RNS released today at 12:30pm by the biggest load of bullshitters that inhabit the AIM space. So it’s come down to this, after literally hundreds of millions of pounds in placings, warrants, options, consultancy fees, director fees & good knows what else, the utter shameless shysters, who’ve pocketed tens of millions of pounds, at the very least, announce that the “Billions I tell you billions of barrels of oil in the Weald Basin” is net to United Kingdom Oil & Gas (LON: UKOG) 60 bopd, on a good day.
do the maths on real flow rates not fantasy ones. 60 bopd! That’s it folks….. Of course those who took their time to correctly research the Weald Basin by reading what the British Geological Survey based their opinions on would know that in the whole of the Weald Basin there’s approx’ 11 million barrels of oil recoverable.
