Evocutis Share Discussion Threads

[rwauu] 04/3/2016 12:40

This is the first to get booted from AIM. Lowest HH holding, shares dilluted to death- on good news tou will be lucky to sell at 0.08. Another placement will totally crush the shares and bye bye.death shares!

[rwauu] 03/3/2016 17:15

Evo is like EU, all these companies will have to caugh up cash for "common good". Ha ha ha!!!

[dosser2] 02/3/2016 10:39

And no price movement

[5baggersrus] 02/3/2016 07:35

Further Update on Horse Hill-1 Flow Test

Second Zone Continues flowing Oil at a Rate of 838 Barrels Per Day

Following the announcement on 01 March 2016, UK Oil & Gas Investments PLC (London AIM and ISDX: UKOG) announces that Horse Hill Developments Limited ("HHDL") has informed the Company that the well resumed flowing 100% dry oil from the Upper Kimmeridge Limestone, through a one-inch choke, at an instantaneous rate of 1008 barrels per day ("bopd") and continued to flow for a further 7.5 hours from 2234hrs on 29 February at an average rate of 838 bopd. The well was shut in at 0600 01 March for a 12-hour pressure build up test.

As previously announced, on completion of this Upper Kimmeridge test, operations will move to the shallower Portland sandstone zone at approximately 615 metres below ground level.

[5baggersrus] 01/3/2016 10:52

Irrespectvie the news is so bloody good that even our 2% has some real value now - at the current share price people will want in - you can sell 10M no problem if needed so clearly still an appetite for the shares

[theunluckyone] 01/3/2016 08:52

rossannan - people that are basically corrupt are unable to resist an opportunity to act in that way even if by playing with a straight bat they would ultimately have been provided with a better return - A leopard can't change its spots !!!
In any case having been in this since the false skin days and watched the scumbags dump millions of shares at seemingly huge losses I think that the plan was so far down the road that they simply could not back out of the placing.

[comedy] 01/3/2016 08:18

well m4us did expect something...but think placing guys killed sp???

[5baggersrus] 01/3/2016 07:56

So we are valued under 1m fully diluted with cash and other assets - what realistically can we expect in the coming months with the continued flow (news & oil) from HH ?

[moreforus] 01/3/2016 07:56

sit tight it'll be good here....eventually

[5baggersrus] 01/3/2016 07:51

Horse Hill-1 Oil Discovery Flows at a rate of 900 barrels per day from second zone



UK Oil & Gas Investments PLC (London AIM and ISDX: UKOG) announces that Horse Hill Developments Limited ("HHDL") has informed the Company that 100% dry, 40-degree API, light, sweet oil has flowed freely to surface, without pumping, at an average stabilised rate in excess of 900 barrels per day from an 88-foot aggregate perforated zone within the Upper Kimmeridge limestone interval at a depth of approximately 840 metres below ground level.

Restricted flow of 100% dry oil, through a 1-inch choke, using a rod pump, commenced at around 1350 hrs GMT yesterday at an initial instantaneous rate in excess of 700 barrels per day ("bopd"). At circa 1430 hrs the well started flowing freely to surface, without pumping. The free flow rate increased to over 900 bopd at 1500 hrs. The flow of dry oil then stabilised from 1500 hrs to approximately 1800 hrs, at rates averaging in excess of 900 bopd.

Note that as a consequence of flow initialisation via rod pump, the initial natural flow rates stated above were further restricted by the rods within the 2 and 7/8-inch production tubing.

The well was shut in at approximately 1830 hrs yesterday. The well was opened and free 'natural' oil flow recommenced at 2234 hrs yesterday. The well was flowed to obtain a further stabilised flow period and reservoir engineering data. A further update will be provided once this new data is available.

With this stable Upper Kimmeridge limestone flow, the two Upper Kimmeridge and Lower Kimmeridge limestone intervals have now produced a combined average stable rate of over 1,360 bopd.

As previously announced, on completion of this Upper Kimmeridge test, operations will move to the shallower Portland sandstone zone at approximately 615 metres below ground level.

Further Reservoir Engineering Studies

The Company has commissioned Xodus Group Ltd. to evaluate and interpret the reservoir engineering data collected in the Lower Kimmeridge limestone flow test as reported on February 16 and 17. The results will be reported once available.

Horse Hill-1 Discovery Well and Licence

The exploration drilling phase of the HH-1 discovery well was originally completed at the end of 2014. The well is located within onshore exploration Licence PEDL137, on the northern side of the Weald Basin near Gatwick Airport. UKOG owns a 19.968% interest in PEDL137.

Stephen Sanderson, UKOG's Executive Chairman commented:

"This test provides unequivocal proof of concept for the Company's new Kimmeridge limestone oil play. The two Kimmeridge flow tests have not only shown that moveable oil exists within the Kimmeridge, but more importantly, that it can be extracted at commercial rates even from vertical wells without significant stimulation.

This result is therefore very significant for the company and the Weald Basin of the UK. The Kimmeridge play has moved from science project into the zone of commercial reality.

The well's natural aggregate flow rate from the Kimmeridge limestones of 1360 bopd looks to be one of the highest natural flow rates recorded in a UK onshore wildcat well since the Wytch Farm discovery in the 1970s. It should be noted that the planned use of horizontal appraisal and development wells may further significantly enhance production flow rates seen to date.

Following the final flow test in the overlying Portland, HHDL now plan to move full speed ahead to obtain the necessary permissions to return to the well, drill a horizontal sidetrack and conduct long term production tests."

[thehitman1] 01/3/2016 07:22

Lol happy days

[5baggersrus] 01/3/2016 07:14

Get in thats bloody fantastic news :)

[5baggersrus] 29/2/2016 14:26

Well now you have an even bigger bargain than 1 day ago ... its frustrating but I dotn think we will have long to wait with HH news in the coming weeks and tungsten ops increase not far off

[ap1982] 29/2/2016 11:23

Great. 9% drop

[thehitman1] 29/2/2016 09:41

And they are pleased at the same time.

[5baggersrus] 29/2/2016 08:31

you have 2 nuts so why not treat them the same and kick em both !!

Actually I think they are obliged to issue todays rns

[comedy] 29/2/2016 08:29

strange they dont give any decent news for months but feel they need to remind you of the kick in the nuts twice within a week???

[5baggersrus] 29/2/2016 08:28

lol thankfully they have no authority to issue even 1 more share :)

we can relax for now and enjoy the news flow this week - squeeky bums still on some other HH plays though