Uk Oil & Gas Share Discussion Threads

[moneymunch] 08/6/2016 13:28

Let the placing dust settle and see what happens when news arrives. Gl ;-)

Ps buy some shares before the likely rise. :-)

[funkmasterp12] 08/6/2016 13:24

It clearly isn't excellent for UKOG yet!

[moneymunch] 08/6/2016 13:21

Lol funky, a rising oil price is excellent for all listed oil companies big and small. Ukog will ultimately be valued on the amount of oil deemed recoverable commensurate to the price of oil against extraction cost and profit.....in the meantime we can look forward to extra profit and revenue that this year's 3x 90 day production flowtests will generate from the sale of the test oil, which is c$15 more a barrel since the last test oil was sold....and with a potential reserves upgrade now, the higher the PoO the better for Ukog. Gla holders :-)

[funkmasterp12] 08/6/2016 13:03

Brent and UKOG have no correlation. In fact, it's almost directly inverse. Exhibit A:

[forwood] 08/6/2016 12:58

The share price action is distinctly odd. There could be an unreported big buy. Could be news but am always sceptical about that in the absence of clear buying. Could also be optimism in the improving PoO and clearing of an overhang.

I've not been able to check the buy prices this morning as I am fully invested but I assumed that CFEQ were selling very close to the buy price, perhaps offloading offer subscribers who were looking to turn a quick pound and have been frustrated by the share price fall. CFEQ have now gone to 1.75 offer, so presumably they are cleaned out.

I am only being offered 1.501 but there are 3 on the bid at 1.50, and one at 1.48. There's only one on the offer at 1.6, so the bid is strong.

[forwood] 08/6/2016 12:48

If I have a gold mine with Zm tons of gold, if the price of gold goes up, it should be worth more. Oil is no different. 90% probability UKOG has 2 billion barrels of the stuff.

Production years away? Maybe 18 mths to 2 years. 3 years pessimistic.
This is the biggest onshore find since Whych farm. Inconceivable that it won't be exploited

[bygdennis] 08/6/2016 12:44

Anyone got idea why despite the selling over the last few days the share price is up???????? Something happening??

[7russell] 08/6/2016 12:21

Why is this brilliant for UKOG, they produce pretty much zero oil! and any significant production (if it ever happens) is years away.

[datait] 08/6/2016 11:31

Watch out for a news release tomorrow folks.

[datait] 08/6/2016 11:30

Every day stock piles are being reduced hence the increase in oil price on a daily basis. Brilliant for us and all oil stocks.

[datait] 08/6/2016 11:28

All oil stocks will surge upwards as oil price starts to climb higher. Look at past cycles this is the best time to be invested in oil.

[datait] 08/6/2016 11:16

Something tells me that mm's have news as they are all moving upwards. Watch this space folks news tomorrow I should think.

[datait] 08/6/2016 11:01

Now over $52 for oil folks

[datait] 08/6/2016 10:50

we should see $53 a barrel today folks.

[datait] 08/6/2016 10:42

Oil moving on upppppppppppppppppppaaaaaaaaaaaaaa

[datait] 08/6/2016 10:41

market makers moving on upppppppppppppppaaaaaaaaaaaaaaaaaaaaaaaa 2v1

[datait] 08/6/2016 10:27

yeah like you bought ya fanny lol

[p@] 08/6/2016 10:19

Don't know where that graph comes from ,can still buy for 1.5p

[datait] 08/6/2016 10:19

oil surging upwards folks not long before ukog does the same get in or top up this is were it will make all the difference.

[datait] 08/6/2016 10:09

This is great news for us folks nicely rising from here until news when it will surge and we have the oil price rising daily.

[datait] 08/6/2016 09:58

oil should move up to $53 today folks watch this space.

[datait] 08/6/2016 09:56

Dont get robbed out of your shares, I have constantly topped up on any downside follow your heart I say on wards and upwards I say. This will be an excellent share to get into folks if your not already in even more so at this price.

[datait] 08/6/2016 09:54

Watch the market makers as they start to move up folks.

[datait] 08/6/2016 09:51

like I said market makers will know in advance when there is a news release seen it so many times. This will surge.