Uk Oil & Gas Share Discussion Threads

[loglorry1] 07/11/2017 10:45

MoneyMunch why no snubbing unit in the drone video of 29th whereas crane clearly visible?

[nicebut] 07/11/2017 10:44

Have you bought back in again yet Ozz?

[johncb] 07/11/2017 10:44

Log your not shorting bullsh*t is not welcome on this board So do one

[trapissed monk] 07/11/2017 10:41

Ozz..buy outweigh sells? (it's not 4-30) but it's red. Surely you don't count advfn's monitor as a guide? 10p to 4.5p says something is wrong with advfn's abacus!

[mikeygit] 07/11/2017 10:41

OzzMosiz--NEW POSTER?? Well I did e-mail a couple of weeks ago and zilch reply!!

[loglorry1] 07/11/2017 10:37

The company can't give out price sensitive information to specific people. They need to put it in an RNS. This situation does not look good at all. They have a history of hiding problems and in my opinion they should come clean.

MoneyMunch's has pasted his explanation all over the web that the bulls lap up but it doesn't stack up. If there is a snubbing unit operation going on why isn't it visible either in photos or in the drone video on 29th?

[au24] 07/11/2017 10:35

Because it was parked up in the garage at the time the drone was overhead.

[ozzmosiz] 07/11/2017 10:35

Go ask the company if you are concerned

[loglorry1] 07/11/2017 10:30

C'mon MoneyMunch we can all copy and paste an RNS. Why not answer the question. Why isn't the snubbing unit in the Drone video on 29th with the crane?

[warwick69] 07/11/2017 10:29

Some very decent buys coming in back over 5p shortly

[ozzmosiz] 07/11/2017 10:12

where is the new blood?

Sells (out goes the old)
11,436,469


Buys (in comes the new)
12,546,431

[ravin146] 07/11/2017 10:11

O/t UOG dyor

[gizmogizmo] 07/11/2017 10:04

As I said earlier....the doom and gloom merchants arriving LOL.

This will move back up.
Games being played till RNS then no deramper or doom and gloom merchants will be able to stop it.
If you believe in blog then stay.
If not then go. It's that simple (IMO).
Me well I'll STAY and when the awaited RNS arrives I'll have the biggest grin and the last laugh and a lot of money in the bank.🤣ԅ14; GOODLUCK

[trapissed monk] 07/11/2017 09:56

Shocked at that post.irresponsible and fundamentally weak!



Funny though. Keep it up!

[doerx2] 07/11/2017 09:56

Back to 3's at this rate.

[trapissed monk] 07/11/2017 09:54

Best you tell MM that then!

[whattheduce] 07/11/2017 09:51

- Firstly, proceed ahead to isolate, acid-wash and sequentially flow test multiple 30-100 ft existing perforated zones in the naturally-fractured KL1-KL4, and then;

'multiple', that will take time on the back of the engineering so I'm not unduly concerned. If this was BP or shell we wouldn't be expecting a blow by blow account and I have always been focused on final results anyway in December or early January - and I have plenty of statements on that to date.

'Till The Final Report.

[telbap] 07/11/2017 09:49

Got to say it doesn't look good....reduced my holding via SB short hedge. Gso at 8p will cover in case it works out.Gla I hope I am wrong.

[loglorry1] 07/11/2017 09:45

MoneyMunch if the stubbing unit is there and working with the crane why is it not visible on the 29th drone video?



3.58 in great side shot of crane nothing under it.

The crane has huge lifting capacity why deploy that if it is just to take the piping away?

The simple fact is that there seems to be something very wrong with this well. They have no cash and need to raise very soon and a ridiculous market cap.

Log

[trapissed monk] 07/11/2017 09:43

Ozz,noone is rushing in here are they. The share price says there is caution. Where is the new blood?Will it rerate to new stellar highs in 3 minutes of mm's promises? No.if I want to hedge I'd trickle amounts in.who cares if you miss the first 1p or 3p? It's going to be a 100 bagger in a week isn't it?! That could (and was!) said about the 10p spike..."last chance to!! 55% paper losses and news may only regain lost ground? Angus news didn't lock punters out.Each to there own financial planning eh ozz. That's what makes it such fun.

[warwick69] 07/11/2017 09:43

Just clearing a few sellers before pop back over 5p imho

[warwick69] 07/11/2017 09:37

Any one else noticed a much wider trading spread today MM must be unsure either way and therefore don't have a lot of orders to give them comfort in their price Hence we could be a lot more volatile today and in the coming days awaiting guidance from SS Gla I hope for the sake of UK plc that this is an elephant oil field that will benefit us all at a time of great uncertainty I am surprised so many have a wish for failure just to feather their own little egos !!!

[whattheduce] 07/11/2017 09:35

As a producer, won't there be 8 wells or such like at BB? I'm pretty sure the business plan is for more than one well. There is obviously a learning curve with the engineering of this test well. As investors at this time, the reward on learning the lessons now are reaped when the engineering is sorted and the flow estimate (extrapolated) is given. Then asset value is added to company blah blah. For those who invested earlier sub 1p they were rewarded on the back of earlier results (indicated by HH results and the likely play over to BB). Those that come in at 25 or 30p latter next year before the full production planning permission will be rewarded after full multi-well production starts the year after. I will be making my decisions in December when the full report is released (or January if the delays continue). I work in engineering and am fully aware of what happens when boundaries are pushed, they will solve the issues and have bespoke techniques for the other wells. In fact, next year UKOG could even earn more from consultancy services advising how to drill Kimmeridge than it earns from actual oil revenue!!!!!!!