Uk Oil & Gas Share Discussion Threads

[moneymunch] 06/6/2016 20:32

ps itsriskythat, the following is from last months Master Investor presentation, which suggests that the 90 day production flowtest x 3, should be underway this year. In the meantime expect imminent acquisition news and the game changing Nutech/Xodus reserves upgrade from a fully funded Ukog. gl ;-)




KIMMERIDGE LIMESTONE OIL PRODUCTION

Can be produced with low visual impact
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12-24 wells in 4-6 acre site
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Wells and pumps below ground level
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Control production to reduce initial road tanker impact
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Can be located in brown field sites and away from villages, houses, small roads

KIMMERIDGE LIMESTONE OIL PLAN TO 2018

The journey has just begun
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Consolidate and increase licences holding in Weald Basin - control the Kimmeridge Oil play
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Bring Horse Hill/Gatwick Gusher to production
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3x 90 day production tests (2016)
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3D seismic (2017)
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Horizontal production wells (2017)
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Show HH-1 resources can be repeated to south and west in the Basin sweet-spots

Holmwood-1 well (2016/17

2 others identified wells (2017/18)

[itsriskythat] 06/6/2016 19:02

Ok thanks, still, any chance this year?

[funkmasterp12] 06/6/2016 18:35

No one knows yet, all still TBC.

[itsriskythat] 06/6/2016 18:09

Does anyone have the expected timing of HH EWT operations starting? Is their a source/link to this information please?

[beebong1] 06/6/2016 17:32

moneymunch

You said it was "a trade between institutions". Very False and misleading information IMO.

[moneymunch] 06/6/2016 16:52

ps and we saw far bigger trades on 31st May, all that looke like buys given the price of other trades at the time traded....several for 25m plus and one for 29m plus. Gl ;-)

[moneymunch] 06/6/2016 15:46

Nearly there Ray......Gl ;-)

[beebong1] 06/6/2016 15:45

Nearly 20m in trades for parcels over 1m alone and even the buys are below 1.5p now. Another high volume day and I don't think it's the placing shares at all.
Why would institutions trade between themselves. Makes no sense to me.
You don't get a 21% discount and then sell for a 1% profit!!!

[rayrac] 06/6/2016 14:51

MM, your on your jack so far. I've yet to see any excitement building 🆘💔🏳⏳ԁ64;😱

[datait] 06/6/2016 14:40

This will be great to watch when the news is out, springs are about to bounce upwards.

[moneymunch] 06/6/2016 14:22

Lol above the placing price and a trade between institutions from the placing shares.....gla holders. ...excitement building. ;-)

[beebong1] 06/6/2016 13:17

03-Jun-16 15:27:55 1.523 21,310,390 Sell* 1.50 1.55 324.56k

rather a good trade methinks. probably the biggest I have ever seen. At that price someone was getting desperate to dump them IMO.

[moneymunch] 06/6/2016 11:05

or all buys....momentum building in anticipation of news.... sudden and significant upside highly likely imho. Gla holders :-)

[beebong1] 06/6/2016 10:27

Are they all sells at 1.5 ish?

[funkmasterp12] 06/6/2016 09:16

Yes Nidgeyr, that was the guff they used to get the placing away.

[nidgeyr] 06/6/2016 08:58

Just to reiterate -

[beebong1] 06/6/2016 08:00

Operators face losing drilling acreage in UK licences this month

drillordrop.com/2016/06/03/operators-face-losing-drilling-acreage-in-uk-licences-this-month/

DYOR on accuracy is all I will say.

[beebong1] 06/6/2016 07:51

Probably still looking at about the same figure as POO has risen even if bopd has dropped IMO.

July 2015
Here are the July 2015 average daily figures for the fields with UKOG % and daily attributable total.

Avington 61 bopd 5% 3 bopd
Brockham 27 bopd 3.6% 1 bopd
Horndean 158 bopd 10% 16 bopd
Lidsey 12 bopd 4.2% 0.5 bopd

Here are the December 2015 average daily figures for the fields with UKOG % and daily attributable total.

Avington 64 bopd 5% 3 bopd
Brockham 12 bopd 3.6% 0.5 bopd
Horndean 141 bopd 10% 14 bopd
Lidsey 0 bopd 4.2% 0.0 bopd

[funkmasterp12] 06/6/2016 07:09

Uxbridgearms - LY revenues were £240,000. What's your forecast for this year?

[oakville] 06/6/2016 05:19

These are starting to look cheap.

[temmujin] 06/6/2016 01:08

A BID will come soon for UKOG....thats all they want...just get the big boys interested