Uk Oil & Gas Share Discussion Threads

[forwood] 01/3/2016 10:58

This is the para from the RNS I like:

The well's natural aggregate flow rate from the Kimmeridge limestones of 1360 bopd looks to be one of the highest natural flow rates recorded in a UK onshore wildcat well since the Wytch Farm discovery in the 1970s. It should be noted that the planned use of horizontal appraisal and development wells may further significantly enhance production flow rates seen to date.

[ibug] 01/3/2016 10:30

UKOG ‏@UKOGlistedonAIM 44m44 minutes ago


Combined STABLE RATE over 1360bopd from Upper&Lower Kimmeridge limestone. Next test: shallower #Portland zone approx 615m below ground level



INCREDIBLE NEWS FLOW.

[ibug] 01/3/2016 10:25

tHE ukog ceo RECENTLY SAID that investors were lining up---perhaps they will start buying into UKOG and HHDL very soon imo.

[moneymunch] 01/3/2016 10:22

DL Tweet


"I think bloggers saying UKOG doing a placing are blowing smoke out their backsides!"

[moneymunch] 01/3/2016 10:19

More good news imminent.....tomorrow imho. Gl:-)

The well was shut in at approximately 1830 hrs yesterday. The well was opened and free 'natural' oil flow recommenced at 2234 hrs yesterday. The well was flowed to obtain a further stabilised flow period and reservoir engineering data. A further update will be provided once this new data is available.

[wisteria2] 01/3/2016 10:10

Dp, just increase the fines! main point is this is flowing without fracking!!

[ibug] 01/3/2016 10:01

Another OIL tanker going to site right now imo.

[daveperry] 01/3/2016 09:58

Need to jog on the Greens and lefties. Just a minor nuisance in the bigger picture. They will be voting to stay in EU.

[ibug] 01/3/2016 09:57

Once the profit takers have been cleared we may witness a re-rate imo....UKOG is definitely going to multi bag with news such as this morning and there is much more news flow coming our way soon enough.


Just 8% of sells left to soak up the overhang....then the share price could start tanking upwards.

[daveperry] 01/3/2016 09:55

hxxp://bambuser.com/v/6132019

[forwood] 01/3/2016 09:51

This is a major piece of good news, the results even better than the lower Kimmeridge, confounding that ridiculous bmd story of 150 bpd.

I am astonished that the share price hasn't moved significantly higher on this news, as the value here is becoming increasingly clear. A 12-15% move is no more than a good move on an ordinary day for oilers.

We have oil moving up now with Brent @ $36.6 (with the £'s devaluation that's £26.3, equivalent to $40 with $1.5 to £1). So we are now at the commercial end. With best estimates of a net 7.2bn barrels oil for UKOGs Weald interests, that's a potential value in the ground of £189bn. Even at 3.9bn p50 estimates (that's a 50% probability which must have improved given the finds to date), it would be over £102bn. Yet we're currently valued at less than £58m!

Should be 10-20x higher!

[fission453] 01/3/2016 09:38

temmujin..judging by your record on CRND and OXS, I wouldn't put a bean on your say so plus the fact you have that Idiot Datit gambling his grandmas last £10...you two are by far the biggest idiots on ADVFN!

[simon_64] 01/3/2016 09:36

wisteria

LOL !

We are bound to fall now as I just added also at 2.85.

[temmujin] 01/3/2016 09:25

this could be the 100 bagger we all dream about...time to remortgage the house and put the bloody lot on it

[forwood] 01/3/2016 09:25

Give it a rest Datait!

[datait] 01/3/2016 09:21

Mostly reds are actual buys folks.

[wisteria2] 01/3/2016 09:12

105 million changed hands already....Have just added to my holding so no doubt this will fall back ...LOL

[ibug] 01/3/2016 09:12

PLUS THERE ARE 85 SITES ACROSS THE WEALD----once developed for upper and lower Kimberidge targeting Britain could become an oil rich nation once again.

[datait] 01/3/2016 09:12

Its been along time since we have seen a share jump from say 2p to 21p but it happens and this will be one of them no doubts about it.

[datait] 01/3/2016 09:11

This will be plaid down for a time as many others will want to get in and the Government is most likly buying huge amounts of shares aswell as the Royal family so watch this space folks like I said this is huge for Britain.

[datait] 01/3/2016 09:07

Far better investments out there UKOG is going to be huge and most likely one of the top risers today.