Uk Oil & Gas Share Discussion Threads

[tidy 2] 01/3/2016 14:29

Total JV will lead the way.

[genises] 01/3/2016 14:28

Gradually climbing
2.99p to buy

[datait] 01/3/2016 14:19

This will make a surge up come 2:30 I should think.

[tidy 2] 01/3/2016 14:17

3p being broken down. Should keep going. Shut it Data lol

[datait] 01/3/2016 14:15

tidy get in you know you want too lol

[datait] 01/3/2016 14:12

Your going to see the shorters closing out into this afternoon on further news tomorrow watch this space folks.

[tidy 2] 01/3/2016 14:08

Cash disregard my post I was winding Datait up for being a twitFlying here and full uk support.

[moneymunch] 01/3/2016 14:07

This is what Sanderson wants to do for Horse Hill...courtesy of DL ;-)))



One company hit pay dirt with a technological advancement that promises to propel the U.S. to energy superstar status.

Recently, energy company Encana (NYSE: ECA) completed a mind-blowing 51 wells on one pad site to drill gas from an entire canyon in Parachute, Colorado.

Think about this... Encana's pad site is 4.6 acres in size above surface. However, using its multi-well pad drilling technology, it was able to access a full square mile of underground resource.

That's 640 acres underground from a 4.6-acre above-ground pad site.

Apart from the pad site, the entire canyon remains green and untouched as if nothing is going on — but the company will drill more gas from this site than it ever has from any previous well pad.

That's just one drilling site. With the Octopus, multiple buried wells can be accessed.

Once it was proven how powerful this technology is, major oil producers began quietly bypassing traditional drilling methods in favor of the Octopus. Last year, Devon Energy (NYSE: DVN) drilled 36 wells from a single pad site in the Marcellus.

The Octopus is quickly becoming the norm — and for good reason...

[ibug] 01/3/2016 14:04

THE BUSINESS HAVE NO PLANS for a placing...more likely a JV or deferred payment loan.

[cashmachine2] 01/3/2016 14:03

Tidy. You're behind the curve with technology and need to research what SS plans for HH. The Octopus is 8x more efficient than fracking, environmentally friendly and as the "drills" and "pads" are sunk into the ground there's no plot on the landscape... Keep up young man. http://www.energyandcapital.com/articles/multi-well-pad/2892IS IT THE NEWEST OIL DRILLING TECHNOLOGY..?? >> ....The "Octopus"..??>> .............It's an Eco-Friendly Technology 8 Times More Powerful than Fracking...>>> ....... and it will create a new wave of millionaires as America reclaims global oil dominance..>>>

[moneymunch] 01/3/2016 14:02

and the US are going to like it....wakey wakey.... :-))))

[ibug] 01/3/2016 14:02

UKOG have now proved the concept of the Lower Kimberidge to yield plenty of oil to the surface under it's own pressure and now it looks likely that after proving that concept UKOG will target just the lower level on all 8 of it's other prospects.


UKOG will blaze a trail right across the Weald proving the 124 billion barrel concept right and cash in on this once in a lifetime oil bonanza.



With this sort of oil volume the company should be able to qualify for a large loan either from the government or financial institution for at least 25 million with deferred payments to develop the site to produce 12000-14000 bopd.


UKOG have incredible potential.

[moneymunch] 01/3/2016 14:00

3p plus very soon....gla lucky ones; -)))

[ibug] 01/3/2016 13:57

The oil comes out under it's own pressure imo----IF PUMPS ARE EVER NEEDED THEY WILL BE ELECTRIC DOWN THE WELL PUMPS----NOT NODDING DONKEYS....DYOR

[tidy 2] 01/3/2016 13:55

Nodding donkeys soon enough then tree huggers call an early end to the party. Sorry guys. Thank Datait.

[datait] 01/3/2016 13:55

I wont be surprised if this is not over 3p in the next hr of trading.

[datait] 01/3/2016 13:55

Buys starting to come in quicker now folks as the afternoon buys start to take off.

[datait] 01/3/2016 13:49

This is huge folks there will be no stopping it once it starts to move I topped up yesterday with another 6k and im glad I did.

[ibug] 01/3/2016 13:45

More likely a retest of 3.25 coming our way imo.

[aslamqadri] 01/3/2016 13:45

remember r k h peaked at ? this going up up up

[tidy 2] 01/3/2016 13:40

Datait I think this will settle around 1.5pSorry folks.