Uk Oil & Gas Share Discussion Threads

[wetdreams] 01/3/2016 03:52

I bug what are you on about hh needs $40 a barrel just to break even .so please stop posting false information.now this is just my opinion but .i expect as the last of the news regarding flow tests come in there will be a placing at a discount.as the last of the news comes in we will get the old sell on news ..the reason being is because people know there will be no news for a while .and this will retrace back to low levels.which if your a long term holder is your top up time or bring your AV down time..those who are in profit will be selling if they know how the market on aim works..to buy now imo is far to risky..as you never try to catch a falling knife ...yesterday's drop first thing was a warning sign of things to come ..so be very carefull here...

[datait] 29/2/2016 21:47

This will rocket no doubt about it folks the Government needs the stimulus for the uk and will clear the uk debts without any doubts this is another North Sea discovery if not better from 1977. The Government will fast track these tests and give the support they need to make this work.

[ibug] 29/2/2016 20:04

Oil prices are still holding @36:58


Making the HH site even more profitable.

[eddie max] 29/2/2016 18:29

Great interview..

;)

[theuniversal] 29/2/2016 17:47

JlondonRecovery rate between 3% and 15% you could have a mean avg of 9% or a low conservative of 5%. This is standard oil rule of thumb...See wytch farm flow rates as comparison

[beebong1] 29/2/2016 17:14

just as well it was only carrying non hazardous waste

bambuser.com/v/6131029

[tidy 2] 29/2/2016 16:47

Oh no unlucky guys. Bipolar Datait holding.

[ibug] 29/2/2016 16:32

A policeman just downed a protester who was holding the camera whilst a tanker truck was leaving....lol

[datait] 29/2/2016 16:28

CANT BUY ONLINE FOLKS

[ibug] 29/2/2016 16:26

The price of oil looks set to break $40USD/ barrel this week---excellent news coming for UKOG given oil flows in zone 2.

[datait] 29/2/2016 16:25

Moving on uppppppppppppaaaaaaaaa

[moneymunch] 29/2/2016 16:23

and Brent continues trending North....now at $36.6 plus....gla ;-)

[datait] 29/2/2016 16:23

market makers are moving up folks.

[datait] 29/2/2016 16:22

tankers coming and going at the site great news folks.

[datait] 29/2/2016 16:22

what did I tell you surge into the close on news tomorrow morning.

[jlondon] 29/2/2016 16:20

Ref:Andrew Bell audio interview, 27 Feb 2016 [Sun]. Mr Bell said Horse Hill is a "FLOWING RESERVOIR" & no stimulation as it has its own natural pressure. Wytch Farm was also mentioned.

UKOG*s website: "Horse Hill OIP vs Global Peers" at www.ukogplc.com/page/php?pID=105
[download]. It shows Wytch Farm OIL at 1.2 billion boe, RECOVERABLE 500 million boe and RECOVERY FACTOR AT 42%. It also shows Ghawar field OIP 170 billion boe and recoverable 70 billion boe and recovery factor at 41%.

Then it shows Bakken and Bashenov at recovery rate at 2% & 6% respectively. The header is TIGHT OIL and FIELD.

It is obvious the 1st two above are CONVENTIONAL and the latter two are TIGHT OIL wherein the latter recovery is less.

Horse Hill with free flowing oil at 40 API [good quality], no stimulation etc and 1st flow test in the 450 boe pd appears to be like a CONVENTIONAL OIL FIELD from the Lower Kimmeridge which is the same source rock as the North Sea?

So is it tight oil or conventional???

Anyone can throw light on this academic question? Thanks in advance. Mon 29 Feb 2016
P.S. UKOG table states UKOG*s OIP is 9.2 billion boe but recovery ? recovery rate?

[ibug] 29/2/2016 16:15

oIL FLOWING FROM ZONE 2 TODAY----well done UKOG yet again!!!.

[ibug] 29/2/2016 16:07

Definitley an oil tanker this morning :

[beebong1] 29/2/2016 15:46

RWR waste tanker just arrived on site

bambuser.com/v/6130919 live feed

[ibug] 29/2/2016 15:45

This is well worth a read for new investors:

[datait] 29/2/2016 15:24

market makers will try to rob you before the news out tomorrow folks so becareful do not place a stop loss as they will nip down for it and no you want be able to buy on the cheap either. This is moving up so best switch off unless you want to try and pick up a bargain and even then you will be very lucky if you do.

[datait] 29/2/2016 15:02

Tidy you have been caught out many times for your greed I would have thought you would have learnt something by now.

[moneymunch] 29/2/2016 14:56

and Brent now at $36.4.......gla.....massive upside potential on the imminent flowtest update. :-)))