Uk Oil & Gas Share Discussion Threads

[gazza102] 27/6/2016 13:48

Please accept the result and move on. we can now make this country great again from the grass roots up.

[gismo] 27/6/2016 13:47

You are a fool yajnas, go play somewhere else. The decision has been made, in my opinion the right one, and once the dust settles we will be MUCH better off. Now talk about UKOG or get lost!

[rayrac] 27/6/2016 13:03

He's still a buffoon!

[beebong1] 27/6/2016 12:11

Jackanory time. Ever heard of the 3 wise men!!!

Doriemus PLC

(“DoriemusR21; or the “Company”;)

Board Changes

Doriemus PLC (ISDX:DOR), the London Listed UK focused oil and gas exploration and production investment company, is pleased to announce the appointment of Mr David Lenigas as the new Executive Chairman of the Company. Grant Roberts will assume the position of Non-executive Director going forward.

David Lenigas has extensive first hand corporate and operational experience with all of Doriemus’s oil assets, having previously served as Executive Chairman of UK Oil & Gas Investments Limited.

David Lenigas, Doriemus’s new Executive Chairman, commented;

“I’m excited to be heading up Doriemus, as the Company shifts gear to focus on expanding oil production from its three investments in the onshore Weald Basin south of London. We intend that Doriemus will focus strongly on being an increasing part of future UK oil supply.

“The recent Horse Hill oil discovery near Gatwick Airport, in which the Company has an interest, has highlighted the potential significance of the Kimmeridge limestones and Portland sandstones in the Weald Basin for oil production and we are looking forward to participating in the proposed new drilling programme at our nearby producing Brockham oil field later this year.”

David Lenigas holds no interest in the ordinary shares of the Company.

The directors of the Company accept responsibility for the contents of this announcement.

-ENDS-

Doriemus Plc:
David Lenigas
Hamish Harris
Donald Strang

[rayrac] 27/6/2016 11:41

Boris the buffoon.🐴
29411;😳

[lithological heterogeneities] 27/6/2016 10:09

VOTE OUT means GET OUT NOW!

Petition:
Enact Article 50 IMMEDIATELY.

We the undersigned call upon HM Government to implement Article 50 IMMEDIATELY to prevent the democratic vote of the British people in the Referendum to leave the EU being blocked/reversed.

Click this link to sign the petition:

[moneymunch] 27/6/2016 10:08

Leave it up to Boris. Gl :-)


Britain should not begin the process of pulling out of the European Union until a new Prime Minister is in place, George Osborne has said.

In a message to nervous firms and investors, Mr Osborne stressed the economy was "fundamentally strong'' and "open for business" in his first public address since the UK voted to leave the EU.

Echoing calls by David Cameron, the Chancellor said in a speech that the triggering of article 50 – the formal process that would start Brexit – should be done by a new Prime Minister.

[beebong1] 27/6/2016 10:00

Tick, tock and the clock hasn't even started on the 2 years. If you thought it was going to be easy; think again. It goes on and on in other articles.

Article 218
1. Without prejudice to the specific provisions laid down in Article 207, agreements between the Union and third countries or international organisations shall be negotiated and concluded in accordance with the following procedure.

2. The Council shall authorise the opening of negotiations, adopt negotiating directives, authorise the signing of agreements and conclude them.

3. The Commission, or the High Representative of the Union for Foreign Affairs and Security Policy where the agreement envisaged relates exclusively or principally to the common foreign and security policy, shall submit recommendations to the Council, which shall adopt a decision authorising the opening of negotiations and, depending on the subject of the agreement envisaged, nominating the Union negotiator or the head of the Union's negotiating team.

4. The Council may address directives to the negotiator and designate a special committee in consultation with which the negotiations must be conducted.

5. The Council, on a proposal by the negotiator, shall adopt a decision authorising the signing of the agreement and, if necessary, its provisional application before entry into force.

6. The Council, on a proposal by the negotiator, shall adopt a decision concluding the agreement.

Except where agreements relate exclusively to the common foreign and security policy, the Council shall adopt the decision concluding the agreement:

(a) after obtaining the consent of the European Parliament in the following cases:

(i) association agreements;

(ii) agreement on Union accession to the European Convention for the Protection of Human Rights and Fundamental Freedoms;

(iii) agreements establishing a specific institutional framework by organising cooperation procedures;

(iv) agreements with important budgetary implications for the Union;

(v) agreements covering fields to which either the ordinary legislative procedure applies, or the special legislative procedure where consent by the European Parliament is required.

The European Parliament and the Council may, in an urgent situation, agree upon a time-limit for consent.

(b) after consulting the European Parliament in other cases. The European Parliament shall deliver its opinion within a time-limit which the Council may set depending on the urgency of the matter. In the absence of an opinion within that time-limit, the Council may act.

7. When concluding an agreement, the Council may, by way of derogation from paragraphs 5, 6 and 9, authorise the negotiator to approve on the Union's behalf modifications to the agreement where it provides for them to be adopted by a simplified procedure or by a body set up by the agreement. The Council may attach specific conditions to such authorisation.

8. The Council shall act by a qualified majority throughout the procedure.

However, it shall act unanimously when the agreement covers a field for which unanimity is required for the adoption of a Union act as well as for association agreements and the agreements referred to in Article 212 with the States which are candidates for accession. The Council shall also act unanimously for the agreement on accession of the Union to the European Convention for the Protection of Human Rights and Fundamental Freedoms; the decision concluding this agreement shall enter into force after it has been approved by the Member States in accordance with their respective constitutional requirements.

9. The Council, on a proposal from the Commission or the High Representative of the Union for Foreign Affairs and Security Policy, shall adopt a decision suspending application of an agreement and establishing the positions to be adopted on the Union's behalf in a body set up by an agreement, when that body is called upon to adopt acts having legal effects, with the exception of acts supplementing or amending the institutional framework of the agreement.

10. The European Parliament shall be immediately and fully informed at all stages of the procedure.

11. A Member State, the European Parliament, the Council or the Commission may obtain the opinion of the Court of Justice as to whether an agreement envisaged is compatible with the Treaties. Where the opinion of the Court is adverse, the agreement envisaged may not enter into force unless it is amended or the Treaties are revised.

[lithological heterogeneities] 27/6/2016 09:42

,

.

[dice1950] 27/6/2016 09:39

VSA Capital UKOG. We value the Holmwood prospect at 0.5p/sh
27th June 2016

[gismo] 27/6/2016 08:31

I didn't vote remain bee, so pleased when we're out of this. All my shares blue, can't be that bad!

[beebong1] 27/6/2016 08:01

It hasn't taken long for the tightwads (Cornwall and Yorkshire) to start making their case for money.

[gismo] 27/6/2016 07:59

I'm glad your an ex pat too!

[datait] 27/6/2016 07:53

That news can come at anytime of the day and I will not be surprised if we start to see news come very quickly now the vote is out of the way.

This could mean alot to our economy

[moneymunch] 27/6/2016 07:41

Lol the fact you are an ex-pat DOES say it all, which probaly explains much your negativity on Ukog and the Weald's multi-billion barrel potential......Big news expected soon from Nutech/Xodus and signiifcant upside to follow on the likely "National Significance" of so much oil.....a good news story for UK Plc.. Gla holders ;-)))

[beebong1] 27/6/2016 07:29

Great Britain - Scotland is not so great IMO. England supporting Wales is how I see it.

United Kingdom - Scotland and - NI is not so great IMO. Again, England supporting Wales is how I see it. Anyone else see NI trying to join the Republic!

You can guarantee that the majority could not name their MEP or when they last voted.

I think this says it all. GLA, I'm just glad I'm ex-pat.

GoogleTrends ✔ @GoogleTrends
"What is the EU?" is the second top UK question on the EU since the #EURefResults were officially announced
12:25 PM - 24 Jun 2016

And to make matters worse the ghost of ibug appears to have returned!!!

[moneymunch] 27/6/2016 07:29

and no doubt news this week on PEDL 231 and 243 as well as PEDL234, Ukog's recent acquisition .......and will Mpet hold on to their full 35% interest at HH..........the Nutech/Xodus report will surely follow when they know exactly how much % interest of the Kimmeridge limestones is owned by Ukog.....gla holders ;-)

[beebong1] 27/6/2016 07:21

Europa Oil & Gas (Holdings) plc, the AIM listed oil and gas exploration, development and production company focused on Europe, is pleased to announce it has received notification from the Oil & Gas Authority that the PEDL 143 Licence in the Weald Basin, Surrey, UK, has been extended by two years until 1 October 2018. This will enable Europa to drill the conventional Holmwood prospect (‘HolmwoodR17;), which has estimated gross mean unrisked prospective resources of 5.6 million barrels of oil (‘mmbo’) in Portlandian and Corallian sandstones and a P90 – P10 range of resources of 1 to 11mmbo, in late 2016 / H1 2017, subject to funding.

PEDL143 is located in an area of the Weald Basin where 30 million barrels have been produced to date from 14 oil and gas fields. The Holmwood prospect is located 5km to the south of the Brockham oil field, which was discovered by BP in 1987 and today produces oil from Portlandian sandstone reservoirs. Holmwood is also 12km to the west of the Horse Hill-1 well in PEDL137 where UK Oil & Gas Investments PLC (‘UKOG’) has reported production at a combined average stable rate of over 1,688 bopd from Upper and Lower Kimmeridge Limestone reservoirs and Upper Portland sandstone reservoir during flow tests.

Planning permission is in place for a deviated exploration well to be drilled at Holmwood which will penetrate similar stratigraphy to Horse Hill, targeting oil in Upper and Lower Kimmeridge Limestones in addition to Corallian and Portlandian sandstones. The 5.6mmbo gross mean unrisked prospective resources at Holmwood do not include any estimate for the Jurassic limestones which have been found to be producing in Horse Hill. Subject to approval from the Oil & Gas Authority for the farm out to Union Jack Oil (‘UJO’) (see announcement of 23 May 2016 for further details), Europa will have a 32.5% interest in, and operatorship of, PEDL143 alongside Egdon Resources (18.4%), Altwood Petroleum (1.6%), Warwick Energy (10%), UKOG (30%), and UJO (7.5%).

Europa CEO Hugh Mackay said, “The licence extension was necessary to drill the 5.6mmbo Holmwood prospect in late 2016 / H1 2017. We are looking forward to drilling this conventional prospect which we rate as having a one in three chance of success, as we focus on further growing our UK onshore production, which is on track to more than double to in excess of 250 bopd in H2 2016 when the Wressle discovery comes on stream.”

[moneymunch] 27/6/2016 07:01

UK Oil & Gas Investments PLC

("UKOG" or the "Company")

PEDL143 Holmwood Licence Extension, Kimmeridge and Portland Region, Weald Basin



UK Oil & Gas Investments PLC (LSE AIM: UKOG) is pleased to announce that Europa Oil and Gas (Holdings) plc ("Europa") has today announced that the Oil and Gas Authority ("OGA") has granted a two-year extension to the Initial Term of the PEDL143 Licence, which will now end on 1st October 2018. UKOG holds a 30% interest in PEDL143, located immediately to the west of the Horse Hill licence PEDL137. The Licence contains look-alike potential to Horse Hill in the Kimmeridge and Portland sections which will be tested by the Holmwood-1 well planned for winter 2017.

Stephen Sanderson, UKOG's Executive Chairman, commented:

"The forthcoming Holmwood-1 well is a key part of the Company's near term strategy to push the Kimmeridge Limestone play forwards. The extension is very welcome."

[moneymunch] 27/6/2016 06:08

KEEP CALM AND CARRY ON!!!

Like it or lump it, winners or losers and regardless of the immediate uncertainties, Great Britain is taking control of its own destiny and now faces a new and exciting chapter in its history, and Ukog could have a very important role in its future success. Gla Citizens and Gla Ukog shareholders...Significant upside imminent imho , and transformational potential upside ahead. ;-)

[moneymunch] 27/6/2016 05:57

Brent at $48.28 and rising...gla ;-)