Uk Oil & Gas Share Discussion Threads

[ccr1958] 09/11/2017 17:52

timothy, the bottom line is, its a punt , end of ! 99% of people on this awful board are talking their book ,including me ... :)))

[markycrispy] 09/11/2017 17:29

Timothy adding UKOG in to your portfolio is a wise decision - don't over exposure yourself and enjoy the ride - this has steady been life changing to some but the bulls believe there is a lot further to run once commercial rates are proven

[atino] 09/11/2017 17:19

Duh 🙄 🤦‍a94;️ Dude... your RNS’s struggle to “add” on top of...an ALREADY over-inflated share price 🤔🙇

Why is that 💁🏻‍♂️ 💭💭💭💭 LOL 😂

[mikeygit] 09/11/2017 17:12

timothyjones--welcome---Its ALL guesswork when the next RNS will be issued, anyone saying today, tomorrow etc is only trying to boost things up, but looking very much like Dec before a significant update?? Again guess work--but if you are new then read the above--before posts and you will see the MASSIVE potential here. We all have to be patient and wait to see what the RNS says on Flow Testing---it had better be damn good!!

[whattheduce] 09/11/2017 17:09

I don't believe you can really draw a pattern, the RNSs are driven by events in a changing engineering environment.

[atino] 09/11/2017 17:03

Lol 😂....toot toot 🙌 great finish 📉🏂🏂🏂

I knew “gravity”; would give way LOL 😉 - that’s why “Atino” rarely bets against it 😤

And now (...on the way down)...this needs to break PAST “SUPPORT”; @ 4.20-4p 🤔

The good news is - we’re only half penny away from it or so 😁 toot toot - let gravity PULL it right down to “fair value” 🙇 📉👏🏻

[timothyjones2010] 09/11/2017 17:03

Hi all, I am new on here, I have been buying on a regular basis and following the threads for several months. I wasn't fortunate to by at 1p I did have the opportunity and missed out so I'm in any various level 4.8 - 5.0 Over the last week. I'm probably a mug for doing so but I did think it's worth a punt. I have been looking at when this company issues operation updates, going back to early part of the year they seem to be issuing them anywhere between the 6th to the 12th the months, then August to September they was issuing various kinds up updates. Over the last couple of weeks the company has gone very quiet. So I looked on the website to see if they had any structure or up and coming dates when we might see any kind of operational update. Nothing to be found. On some of the posts here, some say news today. Is that a guess or is it known anywhere. Thank you

[loglorry1] 09/11/2017 17:00

Exactly....so how come there is so much excitement here? Delusion?

Don't think there is much excitement to be honest. On this board if you take out the top 3 or so rampers like @amr, @wtd and @moneymunch,... there really isn't very much positivity.

These individuals will clearly just say whatever they want to try to support the share price. They don't come across as particularly experienced or credible in any way. Most of what they say is puerile attempts to bully others.

For example Money Munch was pushing the snubbing takes a long time agenda until I proved he was talking rubbish. He then just back pedaled and said it wasn't his theory at all.

The irony is that the bears post very few times in comparison and yet we are called desperate whenever we do. I suspect those that are really desperate are the likes of @amr or @wtd and certainly @mm who post thousands of time.

The bottom line though is that the market cap here is still way too high. There are no assets to support that only hope. Worse still it seems there are big problems completing this well in order to flow test. If that turns out to be the case then there is very little to support the share price here.

[whattheduce] 09/11/2017 17:00

Quite a nose dive for the finishing line. Low volume, relatively large trades against low volume can have a disproportionate effect. Black hole of now news. Tests your investment nerves and stamina.

[dgunn222] 09/11/2017 16:49

"Flow will be initiated throughout the programme via the use of
nitrogen-lift (without coil tubing), swabbing and/or pumping
via the existing high-capacity linear rod pump"


Gas lift



Swabbing


Rod lift

[amr2017] 09/11/2017 16:47

Yet again the market manipulators drop the share price by 5.5% when less than 1% of shares in issue have been traded!

Less than half a % sold results in a 5.5% drop, you couldn't make it up.

Supply and demand mean nothing on aim!

The Corruption of shorters supporting the MM'S on these boards is unbelievable. In no real market could the volume traded today and the preceding days create this fall imho.

Conclusion rob PI'S and reward the shorters by means of winning spread bets, all only my humble opinion of course.

The rubbish spouted on these boards by the shorters is beyond belief at times.

I guess were at their mercy until we get a commercial confirmation RNS!

[nicebut] 09/11/2017 16:41

Log,

Exactly....so how come there is so much excitement here? Delusion? Can`t see the wood for the hype? What exactly is the ramping all about?

[loglorry1] 09/11/2017 16:32

So bulls what exactly have UKOG achieved at BB so far? Once you take out all the froth and "great potential" and "the company believes" etc. etc. all they have managed to show is two jugs of oil in a video.

I get that they have a bad cement job but then why did the complete the well anyway when the cement job wasn't sound?

If there are issues with getting the test done, and it looks that way given the time the crane has been over the well, then investors deserve to know. Last time they continued to try to fix things with a side track until they were forced to admit problems. I suspect the same thing is going on now.

[tburns] 09/11/2017 16:32

Posted at 08:42 today, bang on I'm afraid.

"Doesn't look like an update until Dec so anyone trading without the reddies to back up most likely will get skinned in the next 2 weeks. Can see 4.70p today and hopefully hold above 4.5p for the weekend"

[gismo] 09/11/2017 16:29

He's got nowhere else to go... sob

[judijudi] 09/11/2017 16:29

Looking Grim

[mms98] 09/11/2017 16:28

Tim Kempster / Loglorry1 - Remind us again why you are here?

[telbap] 09/11/2017 16:28

Come on logs.....i am one foot in both camps now but your summary of two jugs of oil and lots of delays is far from level is it?

[loglorry1] 09/11/2017 16:23

Judijudi maybe Schlumberger need to focus on getting BB drilled completed and flow tested before thinking about buying UKOG for 7p. That's simply ridiculous anyway. Industry transactions have valued UKOG's HH license at less than 1p. So far at BB all we've seen is a video of two jugs of oil and a lot of delays.

Time to fess up UKOG and tell us what's going on.

[ccr1958] 09/11/2017 16:23

I don't agree on the busted flush, certainly in a down trend, finding ze bottom is the tricky bit ,wont go much lower imo..

[ccr1958] 09/11/2017 16:19

I have many a poker hand only holding ace ,king ...