Uk Oil & Gas Share Discussion Threads

[markfrankie] 06/11/2017 21:59

what the duce......lol... oops, sorry about that.

[25wbh] 06/11/2017 21:18

The trouble in Saudi threaten to rapidly increase the price of oil,some think tonight up to $100

Will watch the Saudi events unfold tomorrow with interest

[sarpanch] 06/11/2017 19:21

Here is the actual content of the article if any one interested - Norway's electric car owners face 'Tesla tax'Critics say move will undermine the country's standing as a pioneer of zero-emission vehiclesA Tesla Model X, which could cost up to $10,500 more in Norway if the tax is imposed © BloombergNorway is proposing a "Tesla tax" that would hit owners of the heaviest electric cars in a move that critics say will undermine the Scandinavian country's standing as a pioneer of zero-emission vehicles.Sales of electric cars and hybrids accounted for 60 per cent of new vehicle sales in Norway last month, fuelled by extensive subsidies in taxes, tolls and parking fees.But the centre-right minority government in Oslo is now proposing a one-off tax on all electric cars that weigh more than two tonnes - something that at present would predominantly target Teslas and potentially add up to NKr82,800 ($10,500) to the cost of buying one."This is a tax bomb. This is gambling with the whole electric vehicle market. It is a bad signal to send and will affect consumers," Christina Bu, general secretary of the Norwegian Electric Vehicle Association, told the Financial Times.Norway has been hugely successful in introducing electric cars and aims to sell only zero-emission new vehicles by 2025. But critics argue that their popularity is mostly down to an extremely generous set of subsidies that can cut the price of the most expensive Teslas by about NKr450,000.When and how to withdraw those subsidies has sparked a huge political debate. Some Norwegian politicians point out that many of the early adopters of electric cars were rich households buying Teslas. Bus drivers in the richest parts of Oslo complain that bus lanes are clogged with electric cars, which are permitted to use them.Before the tax proposal on Thursday, Andreas Halse, environmental spokesman in Oslo for the opposition Labour party, said although electric cars generated no emissions they contributed significantly to congestion in the capital as well as damaging roads because of their weight. "It is not just about emissions; there are other considerations, too, such as the use of cars versus public transport," he added.The new tax proposals would add at least NKr36,000 and as much as NKr82,800 to the cost of the Tesla Model X, a sport utility vehicle popular in Norway because of its ability to tow trailers, a feature appreciated by families who own mountain cabins.Ms Bu said that despite the success of electric vehicles, the market was still fragile, pointing to a significant fall in sales in neighbouring Denmark when some tax advantages were withdrawn. "It's too early. Nobody is saying we are never going to tax electric vehicles. But the government had promised to keep the regime the same until 2020," she added.Norway plans a "Tesla tax"The proposal is likely to face fierce resistance in parliament with some of the minority government's traditional allies already voicing criticism.The electric car tax was part of the 2018 budget proposals in which the government outlined plans to use a record sum from its sovereign wealth fund, earmarking NKr231bn ($29bn) from its oil fund, about 2.9 per cent of assets.

[markycrispy] 06/11/2017 19:17

Stop moaning Saturn5 if you bought more than you could afford that's your fault -risk management is the key to success - you are obviously over exposed

[whattheduce] 06/11/2017 19:10

Are you on a commission with the FT or something, story is subscription only!

[markfrankie] 06/11/2017 18:37

for the greens:
lol the tesla tax for electric cars:

[gismo] 06/11/2017 17:30

lol think you could be correct on that one markfrankie

[gismo] 06/11/2017 17:30

saturn, how on earth have you lost if you haven't sold? oh boy

[markfrankie] 06/11/2017 17:25

does this lot all work together with the mms ? in perfect timing.
coincidence every time hey

[whattheduce] 06/11/2017 17:24

Saturn, commit to December when the full report is issued. You are not losing anything if you are not selling anything. There will be a big rush to profit take on the first flow test results. IF there are interim results, the idea that there will be interim results before the final report is based on what was done at HH - which is a different company to UKOG. I suspect the 'market' will demand information and something will be released before the final report when you can then hopefully relax and choose the option to wait for the final report.

[mikeygit] 06/11/2017 17:22

Well it looks like we have to wait a while longer. IMO the well had problems with the rocks so fragmented they had to be very careful how they worked it, so rather than have another collapse or something similar they are taking things VERY carefully---which is no bad thing, just makes the IMMINENT news a little longer to wait for!! I would rather they took an extra month if it meant they got things spot on for a faultless Flow Test

[saturn5] 06/11/2017 17:20

This one is the biggest loser on my Portfolio

My best winner is ASOS (a bagger)

If ever I clear UKOG at a profit I will never return to AIM oilies

Of course its my fault

I lost also on IOG

I don't use bad language but I feel like that about UKOG

[moneymunch] 06/11/2017 17:17

Brent now at $64.04....and rising......KABOOM on confirmation of commecial flow at BB....Ukog are sitting on an ocean of high quality oil of National signifcance!!! Gla ;-)

[moneymunch] 06/11/2017 17:14

That'll be dependent on the next update from BB. Gl ;-)

[jimmyloser] 06/11/2017 17:01

Brent Crude Oil Futures $/barrel $63.58 +$1.51 +2.4%

[atino] 06/11/2017 16:54

Toot toot - great close 😃 📉📉🏂🏂

Hey guys...never you mind the ⭕️ and their “blissful̶1; comments...leave them be 😤...and just ignore there “value-less221; chit-chat 😉🙇

The share price does all the taking - of who’s been right or not 🙇 👍 😉

[thegrumpster] 06/11/2017 16:52

Thursday 20:57 Push2gush iii.


"Well it looks like the drone footage from the 29th Oct (Drill or drop) shows the well is actually well into workover operations.

I suspect they are using Snubbing unit hydraulic lift and slip systems to retrieve the completion, with the crane basically handling the tubing as it comes out and laying it down (not pulling, just handling).

So they are not using a rig, but are using a snubbing Workover package type operation to work over the completion etc.

I would say they were mostly out of the well on the 29th, it is a much slower operation compared to a rig, but likely they were on with this a good few days before the drone footage, ...."

[moneymunch] 06/11/2017 16:51

Lol Grumpy? If you had of been paying attention you would have known I posted the post in full last week "courtesy of Push2Gush " and used today's extract to highlight why the crane would be up over well...there are dozens of reasons why the crane would be utilised during current operations....gl ;-)

[whattheduce] 06/11/2017 16:46

Up and down like a yo yo, tomorrow will be a blue day with day traders unless there is an RNS.

[thegrumpster] 06/11/2017 16:38

Moneymunch post 46527 looks like it is copied from a "push2gush" post on iii, from the end of last week.

Almost makes it seem like he knows what he is talking about.

[loglorry1] 06/11/2017 16:38

3 posts ago MM you said the crane is being used for snubbing. Now you are saying its there for flow testing. Make up your mind. The snubbing unit would be visible if the crane is. It's not that hard to get your head around.

[moneymunch] 06/11/2017 16:37

Wowza...Brent now at $63.80 and still rising....KER-CHING!!! GLA HOLDERS Get ready for some serious upside on good news from BB..;')

[moneymunch] 06/11/2017 16:37

Wowza...Brent now at $63.80 and still rising....KER-CHING!!! GLA HOLDERS Get ready for some serious upside on good news from BB..;')