Uk Oil & Gas Share Discussion Threads

[datait] 29/11/2016 08:17

pmsl yeah right thats calling the kettle black

[datait] 29/11/2016 07:30

Another chance to top up at 1.35 yesterday and I was tempted to buy more but topped up days ago at 1.35, I am sitting on the sidelines on any drop further and if it does it will be short lived so i might just put an order in just for the cheek of it.

I think oil price will jump up and with it all oil stocks.

[temmujin] 29/11/2016 06:00

hes a paid deramper..marked his card long ago

[beebong1] 28/11/2016 14:54

"SUPPORTERS and opponents of a bid to drill for oil under a woodland site near Rowlands Castle have been given more time to make their case to planners.
Bosses at UK Oil and Gas Investments (UKOG) have been granted permission by the South Downs National Park Authority to amend their proposals for Markwells Wood."

clanfieldpost.co.uk/article.cfm?id=109569&headline=Deadline%20extended%20as%20planners%20earmark%20January%20D-Day%20for%20South%20Downs%20oil%20scheme&sectionIs=news&searchyear=2016

[beebong1] 28/11/2016 09:17

I don't think $10/$20 a barrel profit will be "substantial".

"The HH-1 flow tests in February and March 2016 were an outstanding success. .....Approximately 1,940 barrels of crude in 14 road tankers were delivered to the Fawley Oil Refinery, which was a significant milestone for the Company."

yep 31.2% of 1940 barrels when POO was between $36 and $40 (below break even point)

[beebong1] 28/11/2016 09:03

Markwell's Wood

'aving a laff

1400 objection so far and 500 still to process. A well organised programme by someone.

Comment:
The Angling Trust objects to this application due to insufficient safe guards to prevent pollution of the chalk aquifer. The unique status of chalk streams and the threat of pollution means that every safeguard should be in place to guard against accidental spillage of chemicals assessment of this risk is not possible as the chemicals to be used have not been disclosed.
Indeed there is nothing in the application that ensures that the aquifer will not be polluted and this needs to be addressed.

[moneymunch] 28/11/2016 08:10

Lol, and 2018 full production timing at HH fits perfectly with their development plans, with the extended flow tests throughout 2017 on permit approval expected Q1 2017 and subsequent applications for the production license on successful results, and of course no such delay at Brockham with production license already in place. Gla holders OGA and HSE approval and start date for Brockham sidetrack imminent. ;-)

[beebong1] 28/11/2016 08:03

Interesting quote on UKOG lse bb;

"Not sure why they are on here. UKOG is in the same position as normal PI's. They have shares in Angus not in Brockham or Lidsey oilfields so they only gain financially if they issue a dividend.
I don't think they have thought it through very well but just my opinion.
OK, so they have more shares than I do but they don't have anyone on the board and have the same voting rights as me."

I can't see Angus issuing a divy in the next few years IMO.

[temmujin] 28/11/2016 07:49

looks like we've backed the wrong dog here...everyone else piling into solo re tanzania gas

[funkmasterp12] 28/11/2016 07:42

Placings. We know that already ;)

[beebong1] 28/11/2016 07:40

Full extract from what was said in the FT

UK Oil & Gas Investments

Untapped opportunities still exist in the UK’s small pockets of conventional onshore oil and gas, which can be accessed without fracking. In February, UKOG made headlines after successful test drilling near Gatwick airport in Surrey revealed “significant quantities” of oil.

Stephen Sanderson, chief executive, said he was confident the so-called “Gatwick gusher” would be producing oil by the end of 2018. While shale resources may offer a bigger opportunity, Mr Sanderson said the geological, legal and political obstacles to unlocking them made conventional exploration a safer bet. “Life is too short to battle people over fracking,” he said.

2018. yep, 2018

Where is the income going to come from?

[moneymunch] 27/11/2016 17:30

Fine and dandy Gismo and looking forward to an imminent Rns or two, although aching from this mornings footie and working on the extension, should be ready for Christmas and maybe results from Brockham's sidetrack. Ukog's current share price is an absolute bargain imho. Gl ;-)

[lastdrop] 27/11/2016 08:32

UK Oil & Gas Investments (UKOG) Stephen Sanderson, chief executive, said he was confident the so-called “Gatwick gusher” would be producing oil by the end of 2018
26th November 2016

[gismo] 27/11/2016 08:22

Hiya moneymunch, how's it going. Hope to top up again soon gl Gis

[charliemike] 25/11/2016 09:47

English lessons for free . Yippee

[moneymunch] 25/11/2016 08:27

imminent
ˈɪmɪnənt/
adjective
adjective: imminent

1.
about to happen.
"the basher's were in imminent danger of being swept away"
synonyms: impending, at hand, close, near, approaching, fast approaching, coming, forthcoming, on the way, about to happen, upon us, in store, in the offing, in the pipeline, on the horizon, in the air, in the wind, brewing, looming, looming large; threatening, menacing;
expected, anticipated;
informal, on the cards
"there was speculation that a sidetrack was imminent"

[moneymunch] 25/11/2016 08:23

Lol beewrong, saddo, the news story referred to a UK based Alba Minerals......take it up with the two websites that reported it as so......an easy mistake to make, and quickly rectified......Get ready for some serious upside on imminent news from Brockham and Greenland. Gla holders. ;-)