|UK Oil & Gas
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UK Oil & Gas Share Discussion Threads
Showing 8226 to 8243 of 8250 messages
|hazelst by now most here were thinking 20p would be on the horizon.
But then again any thing that's comes out the hole in the ground takes 10 times longer than you planned for and probably cost 10 times more as well
|2p on the horizon.|
|Dillution ahoy is tge way to go for any aim shares. It is very good and proven capital rise tool.|
|Hmm someone will be very keen to unload their just obtained 20 million shares. Expect pumping.|
|steelcityowl just goes to show them who dont have a clue and cant work out who is selling when news drops, clearly wrong time to sell but this person might need the money and if in profit then why not 20m shares is nothing and will be snapped up in no time there is a clear buyer out there as you can see over the past couple of days the 1m and 500 buys.|
|well above were they are now and soon to be in double figures.|
|0.4p warrants,well they should be able to sell them all for a good profit but where will the share price end up?|
|Lydnem:- Nothing to do with the company, it's the person that has the warrants that decides on the time of execution.|
|Is the company so desperate to raise 80k? More shares to hit the market?|
|Small step towards oil exploration near Surrey beauty spot – but no prospect of drilling soon
Plans by Europa Oil & Gas to explore for oil in woodland near the Surrey beauty spot of Leith Hill inched forward today but it will still be some time before drilling could start.
Surrey County Council confirmed that it still has to approve proposals from the company to comply with conditions on the original planning permission for an exploratory well at Bury Hill Wood, near Dorking.
There is no date yet to decide on an extra planning application that extends the site by 25% to allow for temporary buildings and more security fencing.
Europa has still not applied for an environmental permit. And a recommendation from the council today on site lighting could delay drilling further.
This morning Surrey County Council’s planning committee voted by six to 1, with two abstentions, to approve a lighting management plan for the site.
This is one of more than 20 conditions attached to planning permission granted by a planning inspector at a public inquiry last year.
The site is the Surrey Hills Area of Outstanding Natural Beauty and the metropolitan greenbelt. Last weekend, hundreds of people protested about the plans. Details
In August, Europa’s chief executive, Hugh MacKay, said he hoped the conditions would be dealt with by the end of this year.
But the planning committee heard today that arrangements for complying with five more conditions still had to be approved. They include a plan for dealing with the controversial issue of the routing large lorries to the site along steep, narrow lanes.
Committee chairman, Tim Hall said:
“There are still five conditions outstanding, one of which is a highway condition, which we do not at this moment have in any sensible format.
“I would expect that this [application] will return to see us at least once if not twice in the New Year.”
Second application and environmental permit
The Local Government Secretary has supported Surrey County Council’s view that the additional application to extend the site and add extra fencing and buildings does not require an environmental impact assessment (EIA). But Leith Hill Action Group has argued that an EIA is needed to comply with regulations.
Even if the EIA issue is not challenged, the earliest date that this application could be decided is 11 January or 22 February 2017.
Europa confirmed to DrillOrDrop today that it had not yet applied to the Environment Agency for a mining waste permit, which would be needed before drilling could start.
Asked when it proposed to submit its application, a spokesperson said “Soon”.
The Environment Agency estimates it takes at least 13 weeks to deal with a permit application.
Another delay could result from today’s approval of lighting at the site.
Councillors heard that Surrey Wildlife Trust and Leith Hill Action Group were concerned that the lighting plan proposed by Europa could affect foraging bats.
The committee agreed to add an informative – a reminder to an applicant to voluntarily follow best practice – recommending drilling during bat hibernation periods, usually between November and February.
It also added an informative asking the company to avoid using LED bulbs in site lighting to reduce the impact on bats.
The lighting proposed is brighter than guidance from the Institute of Lighting Professionals recommends for “intrinsically dark areas”, such as Areas of Outstanding Natural Beauty. But council officers recommended approval of the proposal because, they said, the lighting would be used for only six weeks, during drilling.
Asked about enforcing the conditions, the Planning and development control team manager, Alan Stones, told the committee:
“The site will be monitored by our enforcement officers. It is a particular scheme of short duration. That will be watched closely. Any wilful breach leaves the operator liable to enforcement action.”
Committee chair, Tim Hall added:
“I am reasonably optimistic that the applicant – because of the sheer visibility – will be very careful about what they do and how.
“We’ve got the chairman of Mole Valley District Council who lives at Coldharbour.
“This rig is visible to a significant proportion of the village so it’s not going to be hidden away.”|
|Nice little xmas present for Sanderson! Nice £1/4m profit if he takes it now.|
|Tin hats time folks,another Datait disaster. ////////IDMUKOG
RNS Number : 2435R
UK Oil & Gas Investments PLC
08 December 2016
UK Oil & Gas Investments PLC
("UKOG" or the "Company")
Exercise of Options
UK Oil & Gas Investments PLC (London AIM and ISDX: UKOG) announces that it has received notice of the exercise of options to subscribe for a total of 20 million new ordinary shares in the Company (the "New Ordinary Shares"). The exercise price of these options was 0.4 pence. The Company has received GBP80,000 in respect of this exercise.
Application has been made for these New Ordinary Shares to be admitted to trading on AIM and it is anticipated that trading in such shares will commence on or around 14 December 2016. The new ordinary shares will be admitted to trading on ISDX simultaneously with the admission to AIM. The new ordinary shares will rank pari passu with the existing ordinary shares.
Following Admission, the Company's enlarged issued share capital will comprise 2,597,634,099 ordinary shares. The Company does not hold any shares in treasury. This figure of 2,597,634,099 ordinary shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.
For further information, please contact:|
|20m is nothing I remember LGO rocketed soon after, Just look at the volume we are getting now and this will increase as we go into the NEW YEAR by a huge amount of trades each day with mostly buys coming in.|
|Has this guy taken a 400% profit?|
|market makers are doing well flushing out the weak holders only to notch it up further , the market makers clearly have strong buyers who are buying 1m a time, this will pass 2p very soon.
I would think we shall see very easily double figures in the New Year in the first 3 months.|
Planning committee meetings ongoing. 5 items still need to go to committee and they expect at least two planning meetings in the New Year to complete them all before permission to drill is given.|