Uk Oil & Gas Share Discussion Threads

[rayrac] 07/11/2017 15:23

I had some of that judi, it didn’t work, like an optinix product. ;)

[gismo] 07/11/2017 15:23

love that song..

[whattheduce] 07/11/2017 15:18

What is amusing is all the smack heads are screaming into their keyboards at me, but I can't hear you.... you are filtered...... fully.......... ignored........... back turned to you............. la,la,la,la, la,la lalalalalalalallal, no one can hear you, no one can hear you.

[whattheduce] 07/11/2017 15:16

Think the mms are looking to balance it as a level close although I still think it will be up on the day but not by much.

[whattheduce] 07/11/2017 15:03

All I see is a long list of filtered names, all crawling out of the sewer thinking they have some sort of gain to be made. Numpties the lot of them. Are they under instructions telling them when to put in an appearance and what angle to take? They are very poorly organized because it is blindingly obvious their appearance on here is coordinated. And they are so thick they can't even see how being so obvious has got the attention of the FCA scanning team. Plonkers every last one of them.

[whattheduce] 07/11/2017 14:53

Forwood, this bb needs renaming : The Broadford Bridge Circus? Need to diversify the acts though, too many clowns.

[judijudi] 07/11/2017 14:53

Rayrac needs a stiff dose of Oxycontin
:)

[r_bedding] 07/11/2017 14:50

I love it when someone gets desperate they pull out the old smug "anyone notice how angry he is" card. Hahahahahhaa it does not even work.

[gizmogizmo] 07/11/2017 14:50

Excellent 13.26 and 14.25 posts by moneymunch.

At last a sensible and precise post.

No bulls💩it just fact, and it's there for everyone to read.

Could be one hell of a RNS coming.

GOODLUCK

[datait] 07/11/2017 14:47

Give it a rest Judi away and change your big knickers

[rayrac] 07/11/2017 14:44

Its better than your nothing shyt judi! Why don’t you get back to that other shyt at optinix, it suits you. Like the yogurts it tries to push on the market..with nothing in them!

[nicebut] 07/11/2017 14:40

Yup his errrrr friend bought at about 8.5p...

[judijudi] 07/11/2017 14:36

MM,
Do you ever post anything recent or is it always the same old shyte?

[loglorry1] 07/11/2017 14:28

WTD has a girlfriend? There has been some ridiculous posts on this board over the months but this surely is the worst?

[moneymunch] 07/11/2017 14:25

Confirmation of commercial flow will greatly increase the value of any licence within the Weald Oil Basin. Gla :-)



The clearest example of Ukog's potential value is the recent sale of 33% of the UK's and Western Europes largest ONSHORE oil field, Wytch Farm in Poole, the Weald Oil Basin in comparison is many times the size, and so the numbers could be breathtaking. Gla Holders....BIG news coming!!! ;-)

Wytch Farm oil field is in decline from peak production of 110,000bopd and now produces c15,000bopd , so Premier Oil has sold their 33% share c5000bopd which generated $7.72m pre tax profits last year, for $200m...the value of Ukog's 100% of BB, 33% of HH, 40% of Holmwood etc etc will be worth many many multiples of $200m on confirmation of free flowing commercial volumes, and market acceptance that Ukog are sitting on one of the World's biggest onshore high quality oil discoveries EVER, one oil deposit that is over 1,400ft thick and extends 30km and beyond and of National Significance, with extrac

HitecVision Backs $200 Million Deal For Onshore U.K. Oil Field
The Dorset-based oil field generated profits of $23.4 million last year
By William Louch

September 13, 2017 10:38 a.m. GMT

Verus Petroleum Ltd., a U.K.-based company backed by Norwegian buyout house HitecVision, has signed a $200 million deal to buy a minority stake in Wytch Farm, an onshore oil field in Dorset.

The entire 33.8% stake in the business, in the latest in a series of deals private-equity firms have struck for U.K.-based oil and gas assets.

In February, private equity-backed Chrysaor Holdings Ltd. bought a substantial chunk of Royal Dutch Shell PLCs North Sea fields in a deal worth $3.8 billion. Siccar Point Energy Ltd., a company backed by Blue Water Energy and Blackstone Energy Partners, also acquired North Sea assets last year.

Wytch Farm is a large onshore oil field with 11 well sites operated by Perenco U.K. Ltd. As of December 31 2016, the estimated reserves of the field stood at 14.9 million barrels of oil, according to a company filing. The site generated $23.4 million in pretax profit last year.

The sale proceeds will be used to pay down Premiers existing debt and any future decommissioning liabilities with be transferred to Verus.

Premier has owned a stake in the field since 1984, when it acquired a 12.4% interest. The Mayfair-based company subsequently upped its investment in 2011 and 2017 to bring its total stake to 33.8%.

HitecVision is currently investing its seventh flagship buyout fund, which closed on its $1.9 billion hard cap in February 2014.

[nicebut] 07/11/2017 14:24

I wonder what WTD`s Italian girlfriend thinks of her 35% (so far) paper loss?

Could be some meat balls flying in his direction soon...

[loglorry1] 07/11/2017 14:18

@thehitman1 suspension won't happen. They'll have spent all the cash on BB and even if it is a busted flush they still have HH. It's not worth much given what oil companies have traded the license between them at but the portland is worth something. £20m market cap seems about right so they'll raise sub 1p if things go really badly just like last time. No need for suspension as far as I can see.

[thehitman1] 07/11/2017 14:16

On bad news, suspension is expected.

[thehitman1] 07/11/2017 14:15

I am still expecting 2p on very good news.

Good luck all

[loglorry1] 07/11/2017 14:14

Yeah yeah wtd you were saying that when the price was 7p. I expect those that got "spooked out" at 7p are quite grateful. You'll be saying it at 3p as well no doubt.

[whattheduce] 07/11/2017 14:12

See, loglorry got just a smidge of attention and off he goes posting away desperate for attention. Don't bother wasting your time with him. He has laid out his stall and when certain people see the size of the gain they missed out on in months to come because he spooked them into selling, he will have answer for himself.