Uk Oil & Gas Share Discussion Threads

[datait] 08/12/2016 06:26

market makers are doing well flushing out the weak holders only to notch it up further , the market makers clearly have strong buyers who are buying 1m a time, this will pass 2p very soon.

I would think we shall see very easily double figures in the New Year in the first 3 months.

[beebong1] 07/12/2016 11:00

Holmwood
Planning committee meetings ongoing. 5 items still need to go to committee and they expect at least two planning meetings in the New Year to complete them all before permission to drill is given.

[moneymunch] 07/12/2016 08:27

Hi TU, big enough for transformational upside on free flowing limestones. The Brockham "Production" license area covers 8.9km2.....and is located c6 miles north of HH.

"Nutech reports 282 million barrels of Oil in Place per square mile for Brockham-1 well in the UK’s Weald Basin."

That's potentially a considerable amount of recoverable oil on free flowing limestones........and as is the case at HH, there is a high chance that oil extracted from the three naturally fractured limestones will be replenished by the natural flow of oil under immense pressure from the surrounding oil saturated Kimmeridge shale interval and horizontal flow through the limestones that extend for miles and miles in all directions.. Gl Exciting times for all of the Weald players. ;-)

[uxbridgearms] 07/12/2016 00:49

BBC Hard Talk tonight very interesting.

[theuniversal] 06/12/2016 19:50

Moneymunch do you know how many sq miles is brockham covered for Angus. .I know HH is 55 sq miles.

[beebong1] 06/12/2016 15:46

I'll bet you can't find a post of me saying a placing was imminent anywhere on this bb.
Today I just asked two questions.
Placing of at least 100m at 1.3p before xmas?
Placing of at least 100m at 1.2p after xmas?
I'm not even saying there is going to be a placing.

You really must get a new nose and glasses!!!

Time will tell. Any time in next few months if last year is anything to go by.

add a few things I missed from from last 6 month unaudited accounts and it all adds up!

Administrative expenses £1.2m approx
Operating loss £1.3m approx
"higher professional service costs, including that of external consultants. These costs along with movements in working capital resulted in £2 million net cash being used in operating activities for the six-month period ending 31 March 2016"

You were the one that bought into the drop if I remember correctly. What was it? £26k? No wonder you are so twitter and bisted.

[datait] 06/12/2016 15:35

market makers need to take this up for sellers so watch the volume increase day by day.

There is every chance of seeing 1.75 into the close now folks cant get the sellers.

[datait] 06/12/2016 15:28

Brilliant stuff folk I said we would touch 1.65 today. This will move up very quickly.

[moneymunch] 06/12/2016 14:38

ps Ukog still have c£5m cash in the bank and so more than enough for their near to mid term cash commitments, unless of course some of Mpet % interest at HH is for grabs. The last placing at the end of May at 1.5p came months after beewrong and all the other lowlife scumbag cohorts with red squirming faces were screaming that a placing was imminent. There's nothing wrong in raising funds if it's for the development of the company's assets with the view of increasing shareholders value, which of course is the case with Ukog with the most exciting year ahead with HH's Ewt's and Broadford Bridge and Holmwood etc.....in the meantime get ready for the imminent Brockham sidetrack....a gamer changer on free flowing limestones. GLA ;-)

[beebong1] 06/12/2016 13:53

Was Horse Hill just a blip? We'll find out soon
Share
10:40 06 Dec 2016
UKOG probably won’t be the first cab off the block as a number of rivals are planning similar exploration programmes.


Read full story here;

www.proactiveinvestors.co.uk/companies/news/170042/was-horse-hill-just-a-blip-we-ll-find-out-soon-170042.html

[beebong1] 06/12/2016 13:36

Brockham
"I see no reason why they shouldn't drill this side of Christmas"

Famous last words from Ed McDermott from Optiva.


Broadford Bridge
Only two layers in the Kimmeridge at Broadford so hardly mirror image. HH has three.

[hazelst] 06/12/2016 13:18

Share price and volume on the rise. Always a good sign!

[hazelst] 06/12/2016 13:14

Just a reminder for the shorts.The BB-1 well is designed not only to test a geological mirror-image of the Horse Hill Kimmeridge oil discovery, but, more significantly, to also seek to establish whether Kimmeridge Limestone oil is truly an extensive resource play. If so proven, given the sheer size of the PEDL234 Licence, our 100% interest, and the existence of further multiple identified drilling targets, the impact of BB-1 success would likely be transformational.YES transformational.

[temmujin] 06/12/2016 12:42

brockham news imminent..tip off

[rayrac] 06/12/2016 12:16

Btw, I do hold shares in HUR. They are a very good bet!

[rayrac] 06/12/2016 11:50

There's a lot of fuss being made of HUR and their very large oil find off the west coast of Shetland. But I don't think it's as large as the field under the south of England, anywhere near! A deal harder to get at offshore too!

But money has been and is, being thrown at HUR by the institutions....UKOG's time will come!