Uk Oil & Gas Share Discussion Threads

[datait] 21/4/2016 09:09

Not long before this is up and flying folks.

[funkmasterp12] 21/4/2016 09:03

And how exactly does the price of Brent correlate to a company with a negative EPS of £0.10 ?

Brent has had the biggest rally in recent times yet UKOG is down c. 10% in the same period.

You're wasting your time trying to compare the two.

[datait] 21/4/2016 09:00

Watch this space folks this will zip up as the day goes on.

[moneymunch] 21/4/2016 06:52

$46 plus and still rising ;-)))

[moneymunch] 21/4/2016 06:04

Brent at $45.80 and rising ;-)

[datait] 20/4/2016 21:50

Oil surging ahead brilliant, should see the reflection in the morning with all oil stocks.

[temmujin] 20/4/2016 21:02

been told tonight massive news re stellar resources...big gold find

[moneymunch] 20/4/2016 17:38

Brent back to $45 plus

[hazl] 20/4/2016 15:15

JUST A REMINDER...........

[moneymunch] 20/4/2016 14:16

Pmsl...that really is pathetic funky....:-))))

[funkmasterp12] 20/4/2016 14:13

Or, the constant rumblings of a failing company promising jam tomorrow with a terrible balance sheet and no real hope.

You pays your money, etc.

[moneymunch] 20/4/2016 14:09

Lol without DL's entrepreneurial skills, passion and enthusiasm, we wouldn't be where we are today in HH's development and his claims of 100m barrels looks to be a fraction of the multi-billion that is now looking very likely, and so he was correct in his conviction and vision, unlike all the detractors who continue with their pathetic attempt to undermine and are still in complete denial.....and now planning/application is underway for he long term production flowtest to confirm once and for all the major world class discovery in the Kimmeridge . The deal with Angus is a win win for both parties, Angus have £1m cash to develop near by Brockham where they will undoubtedly drill deeper into the Kimmeridge to replicate HH's stunning success and they are also the lucky recipients of 43m Ukog shares which could be worth an absolute fortune in the next year or so and Ukog continues to smartly increase their interest at HH, now at 27.3% and more to come imho......the reserves upgrade anytime now, significant upside more than likely, and hopefully followed by a placing to shut you up.....as I said earlier it will be the catalyst for a flood of new investors to a fully funded Ukog with a multi-billion barrel high quality oil discovery, onshore UK......it don't get any better, the opportunity of a life time for transformational returns....gla longs Onwards and upwards!!!! :-))))

[funkmasterp12] 20/4/2016 13:32

A placing is one of many things you can "peddle" here moneymunch. The balance sheet, the involvement of Lenigas, the "100m barrels" claim, the fragmented set up of the HHDL consortium and some of the characters involved, the lack of any proper long term flow test data, the fact that Angus sold their share for a pathetic amount which makes UKOG look grossly overvalued, etc etc.

There's oil there, no doubt. The company needs to do a hell of a lot to get it out of the ground and make it commercial. That, against a backdrop of making £240k revenue and a £1.7m loss last year (despite raising £8m from a placing).

The placing will not be at a premium to the price. It just won't, sorry. They would have done it now if that would be the case! The last one was at a 10% discount at 2.25p, so the participants there (assuming none flipped, which of course most of them probably did) would currently be nursing a loss.

[datait] 20/4/2016 13:18

You better believe it moneymunch UKOG is the Governments ticket to debt freed like the 70's when oil was found in the North Sea.

[moneymunch] 20/4/2016 13:14

Lol funky, the detractors were betting on failure, they all said the the Kimmeridge wouldn't flow, but flow it is , beyond all expectations. The imminent reserves upgrade and estimation of recoverable volumes will further validate the multi-billion barrel discovery.....and so what have the detractors got left to peddle......oh yeah, a placing, lol.....bring it on , place away, it will be the catalyst for a flood of new investors that will push the share price up to new and higher levels.......and every chance that the placing that so concerns you will be at a premium of today's share price on the back of the reserves upgrade.........you wait until we're 5p plus before investing, the smart money is topping up now. Gla longs....if Ukog's and the Kimmeridge gets a mention in Parliament and makes front page headline news, then we won't be waiting for 6 to 18 months for very significant returns. ;-)))

[football] 20/4/2016 13:13

Even a sundial is right once a day

[datait] 20/4/2016 13:08

Told you wasnt going to last before it moved up.

[datait] 20/4/2016 12:53

I have seen oil stocks shoot up from well under 1p to as much as 30p and this will be once of them no doubts about it.

[datait] 20/4/2016 12:52

what this space flunky this is ready to shoot upwards 2.10 will go soon so if you want it you better grab it quick.

[datait] 20/4/2016 12:49

The meeting with the Government is in progress.

[funkmasterp12] 20/4/2016 12:45

Look at 88E for an almost direct comparison. They have a potentially exciting but as yet unproven asset. The stock has raced up on hot money and today the company has had to 'fess up that it's doing a placing.

And yet still people are buying! Mental.

[funkmasterp12] 20/4/2016 12:43

SS can meet the Pope if he likes, it still doesn't change the fact the company will need money, and lots of it. UKOG is still miles away from profitability and in those 6-18 months will require at least one major fund raise.

Once the placing is done, then who knows. But until that point I still think you'd be mad to buy IMO.

[datait] 20/4/2016 12:42

2v1 now folks