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UKOG Uk Oil & Gas Plc

0.0375
0.00 (0.00%)
19 Apr 2024 - Closed
Delayed by 15 minutes
Uk Oil & Gas Investors - UKOG

Uk Oil & Gas Investors - UKOG

Share Name Share Symbol Market Stock Type
Uk Oil & Gas Plc UKOG London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 0.0375 08:00:00
Open Price Low Price High Price Close Price Previous Close
0.0375 0.0375 0.0375 0.0375 0.0375
more quote information »
Industry Sector
OIL & GAS PRODUCERS

Top Investor Posts

Top Posts
Posted at 19/4/2024 12:22 by jammydodger2
Yet another sting in the tail. Still working their way through the forst 2m. Who would have thought it?
"UK Oil & Gas PLC (London AIM: UKOG) is pleased to announce that to enable further orderly reduction of the balance of the funding facility announced on 28 June 2023 ("Loan"), it has delivered to RiverFort Global Opportunities PCC Limited and YA II PN Ltd ("Investors") a tranche of 200,000,000 ordinary shares ("Equity Shares"). Future conversion of these Equity Shares by the Investors will further reduce the current £0.545 million principal balance of the £2 million gross first cash sum received.



It is expected that the Investors will convert these Equity Shares at the Variable Price, being equivalent to 100% of the Company's lowest daily volume weighted average price ("VWAP") in the fifteen trading days preceding the conversion date, or the date the Equity Shares are applied to discharge the Loan.



The reduction in the Loan's principal balance from that stated in the Company's 13th March 2024 RNS results from the conversion of the prior tranche of 206,965,282 ordinary shares by the Investors at an average price of approximately 0.054 pence per share."
Posted at 18/4/2024 18:58 by honfacifi
I can now reveal Alba threatened all those on the LSE and ADVFN with high court legal action. Obviously it was never going to happen but now after time limits have passed I can legally advise what they and some investors there tried.

25WBH and a few others private messaged some trying to trick them for their details the rest was applied for from ADVFN and LSE.

Seems the rampers at Alba couldn't take their losses and pushed Alba to try and silence the critics which Alba tried but badly failed.

What an absolutely disgusting move, you'll notice a lot of new negative posters on the Alba board recently, a lot of those had to back off and wait a year before posting again.

How Alba and their shareholders tried to manipulate these boards with legal action to get the negative posters off for good.

Obviously the publicity would have sunk Alba for good but just so you know how far they will go to not allow a negative opinion.
Posted at 22/3/2024 12:34 by bionicdog
It was so they could convince the moron investors that the assets were worth something. Otherwise the whole house of cards would have fallen down. I said so at the time.
Posted at 13/3/2024 16:29 by jtidsbadly
1347: yes. I’d expect the shoe(s) to fall in the following sequence:

1. UKOG
2. Vast
3. Angus Energy plc

I imagine the factor holding the price even at these new lows in all three is an understandable reluctance to sell something that’s down 90%+ in many investors’ accounts. And I’m sure they’ll all be pleased that they are continuing to underwrite the absurd salaries and perquisites of their companies’ dodgy/incompetent managements, brokers etc. Some investors are about to learn the hard way the fallacy of the dictum that you haven’t lost any money until you sell.
Posted at 15/2/2024 20:27 by thaibob1
Oh Honfacifi you didn't like my last comment did you, you've definitely spit your dummy out.

Keep up with the lies and scaremongering then more investors can detest you even more.

Such a loser.
Posted at 29/1/2024 23:19 by honfacifi
People expected results and development a lot quicker, most saw that as negative.

Next the spending versus the results was officially deemed negative just check out drill or drop and the national onshore figures.

Pinovara was always a shot in the dark, it's not looking positive even the company themselves seem very uncertain plus they already ran a smaller gun which technically should have made contact and given even a slight but better optimism than the no result they had to report.

Is running the wrong size gun a positive with all there years of expertise and onsite knowledge from an actual productive company? Pretty sure that's quite negative again.

So again we're waiting for these positives? If there was a billion barrels at HH, Billion in gold times ten at Clogau, mega resovoir at Basur then it has a funny way of showing dosent it. Normally if there were all these riches you could just pull up and within a couple months be showing it by pictures of oil and gold. This is a ten year witch hunt why would anyone say different as other companies don't suffer this length of bad luck when the reality is you sink a well or chip some gold from the wall and het presto news releases on Aim reporting sites plaster these pictures of gold and oil all over for investors to flood in.

So let's look at the history even percentage of Aim companies that really over hyped the resource only to spend years never getting anywhere then failing because the resource produced practically nothing and certainly not enough to prop up the debts incurred to stay afloat or the wages for any CEO to remain interested.

UKEN is a separate company nothing to do with UKOG, again making very outlandish assumptions over resources and already talking hundreds of millions. My guess is that will keep on producing negatives and any first investors diluted to nothing because it's a seven year play they start with a few million but blow through hundreds more killing any reason to even get in before it has actually come close to profits.
Posted at 29/1/2024 21:07 by honfacifi
Nope I think we all want a share price rise but that would have to be to pre investment levels and that's what we're all complaining about since there doesn't seem to be any future in Turkey or the Weald or enough oil to ever move this up rather down to delisting which without changing Nomads and taking really bad finance deals from YA and RF would already have happened. Not only that but if they did a share issue to pi's I doubt it would generate any financing hence why RF and YA were last saloon type lenders before the inevitable of which YA and RF have a habit of finding and more so recently looking at their investors who complain similar to us that it's fortunes and future are looking very bleak, RF barely derived enough profit last year and share price is going only one way too.

All this seems to be far too apparent when rampers like you start calling everyone activists and offer nothing but hate, I mean that's all you got left those ramps on HH being a gusher and lovely let alone Turkey seem all but done for now we've been patient like you asked!

But hey ho I believe there's this visible gold from Clogau you said was there were all dying to see instead of thinking that was mere lies to trick investors in to long term disastrous holds.
Posted at 10/1/2024 12:05 by jammydodger2
Who would have thought it?

UK Oil & Gas PLC (London AIM: UKOG) announces that as part of the previously announced funding facility of 28 June 2023 ("Loan") and the 3 November 2023 update, it has delivered to RiverFort Global Opportunities PCC Limited and YA II PN Ltd ("Investors") a third tranche of ordinary shares ("Equity Shares") in relation to the first cash sum received of £2 million gross. The first three tranches of Equity shares have now been converted at the Investors' discretion to repay the Loan, the balance of which now stands at approximately £0.8 million.



The Investors converted the Loan's second tranche of 1,424,487,652 shares at an average price of 0.025 pence per share. The third tranche of 1,087,649,954 shares being converted at an average of 0.022 pence per share. The conversion price in both cases was made at the Variable Price, being equivalent to 100% of the Company's lowest daily volume weighted average price ("VWAP") in the 15 trading days preceding the conversion date or the date the Equity Shares are applied to discharge the Loan.
Posted at 16/12/2023 20:09 by honfacifi
It separates the idiots from real investors, idiots see a rise and troll boards with comments like blast off and up we go.

The rose falls back down and real investors troll the idiots who quickly disappear.

If you don't know how MMs work please learn before coming back.
Posted at 18/10/2023 18:34 by honfacifi
What's been spelled out is the hiding of certain results, flow test data interpretation and the lack of completion or explanation of promised RNS works.

I merely support not instigate.

If investors feel that way the only downside is losing in court,they are freely able to petition the court to look into it.

The answer is either a total incompetence or that results were manipulative.

That's how the high court works which SS will attest to as will DL.

The end result is their companies are brought into disrepute and lack investors due to previous action taken.

It's not childish it's just business and now UKOG seem to want to consolidate and move on into a sister company plugging hydrogen storage it's upto UKOG investors as to whether this happens or the ramping meets a dead end.

Billions of recoverable oil yet no well has a flow rate above 50-60 barrels/d is enough for me to look at this eight year saga as their next money grab to line their own pockets.

The sensible companies would quit the Weald until such technology and rigs exist to actually define the resources and remove them into a profitable market although by then we won't be so oil dependent.

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