Uk Oil & Gas Share Discussion Threads

[moneymunch] 16/5/2017 06:36

UKOG are on the brink of confirming Schlumberger and Nutech's multi-billion barrel assessment.....if BB gushes where they own the full 100% and if HH confirms that the oil is flowing in commercial volume without depletion, then it's game on, and Ukog will be heading for the BIG time!!! Gl ;-)

ps and you can buy in at sub 1p at the moment!!!

pps Brent at $52 plus and rising!!!

The oil price is back on the front foot after Russian energy minister Alexander Novak added to hopes of an extension to the Opec-led production cuts.

After a meeting in Beijing this weekend, Novak and his Saudi Arabian counterpart Khalid al-Falih, who previously hinted at the cuts continuing, issued a joint statement calling for the agreement to continue until March 2018.

[greater things are yet to come] 15/5/2017 23:25

Warnings were there..

Now sub 1p at 0.9p per share.. and declining.

- Not 9p a share (fill yer boots) or £28 as promised by some in 2016.

Greater things are yet to come 29 Mar '16 – 20:25 – 2457 of 6991

Clearly sinking lower towards c 1.3p before any 'possible' upside from there..
(Minimum 35% very near term downside Risk.. Maybe sinking as low as 1p ?)

Nothing changes in roulette gambler addict uk shares. MMs ripping off weak
over-extended retail gamblers out of varying 'T' period gambled positions,
losing up to £50% in just weeks..

The same losing 'gamblers' ramping they will "top up along the way Down !!"

LOL – Outstanding investment strategy.

Double/triple 'top up' with compounded gamble T positions onto other falling
knives at each step down; 2.5p, 2.1p, 1.8p, 1.5p to reality risk as low as
1p losing many £thousands to 'MMs' managed casino.. ;)


forwood 30 Mar '16 – 02:52 – 2464 of 6991

There's a 90% probability they have £57bn worth of oil in the Weald. With 2bn shares, that means £28 worth oil per share! Bargain of a lifetime. Perhaps it's just too much to comprehend.

robbie142430 Mar '16 – 07:43 – 2466 of 6991

Funk- yes but if it was a £50 note you would extract it- simples
You starting to get it? !!
!
And if it was £500 you would do whatever to get that £500.
Now turn that into Billions!!!
You got it now.

Until they come back giving numbers or saying cannot be extracted- I'm staying long:0)

robbie142430 Mar '16 – 08:54 – 2468 of 6991 Looking at it all wrong if you think it's pants!!!
Greed? One of the 7 deadly sins.
No room for greed in investing.
Just common sense, know how, research.

1.5 next please as I want more based on my own research, logic.

A big bounce will come that there is no doubt.

Have a good day.


DATAIT30 Mar '16 – 09:02 – 2469 of 6991

You will see UKOG go much more than AST and thats not far off.



- NO WE ONLY SEE UKOG AT SUB 1p PER SHARE AS WAS CLEAR LAST YEAR.. :)

[moneymunch] 15/5/2017 20:16

Big Bounce Coming on a fully funded Ukog .....plenty of positive newsflow and key events expected from now on in.....picked up a couple of million shares sub 0.1p and will pick up another couple of million if the placing is below 0.9p.....sub 1p will not last for long. Gla Holders.... ;-)

UKOG anticipates that it will perform extended production tests on the Horse Hill-1 well, Permit Approval expected July , drill the 100% held Broadford Bridge-1 well to test the regional extent of the commerciality of the Kimmeridge Limestone play, EA approval expected now and drill the Holmwood Prospect (30% UKOG) thereafter that will test the Kimmeridge Limestone whilst also targeting meaningful conventional exploration targets.”

[induna123] 15/5/2017 15:48

0.8p? Not surprised now the market has caught wind of it.

Who would buy at 1p?

They need to get this sorted quickly before the share price plummets any further.

[datait] 15/5/2017 09:10

Ok just bought 205,802 dip my toe back in lol

[datait] 15/5/2017 08:48

offered 205,271 for my 2k shall watch for now see how it goes.

[datait] 15/5/2017 08:45

Well maybe I will buy 2k worth just to say im in lol

[moneymunch] 15/5/2017 07:47

Lol....1p placing according to TW.....he was spot on when he ousted Finnaust's 7p placing, and so every reason why Ukog's will be 1p, judging by Friday's buying volume. Gla holders....regardless of the placing price, a fully funded Ukog will see a surge of new investors and a surge of old investors wanting back in, sub 1p will be a distant memory. ..Placing imminent!!! On and Up!!! ;-)

[datait] 15/5/2017 07:13

Take nothing for granted this could fall to .5 very quickly before any upside when they are looking for funding, Investors want in as cheap as they can and that's why the news was released in order to let us know there would be a placing to get the price down.

[moneymunch] 15/5/2017 06:37

The placing/fund raise is coming now.

South Downs Planning Authority relates to Markwells Wood only, which is somewhat of a side show at the moment compared to this year's extended flowtests at Horse Hill and operations at Broadford Bridge and the drilling of Holmwood.

Surrey County Council's Planning Committee meeting is 12th July 2017 and a decision for HH' ewt's Permit Approval is expected then with operations to be underway Q3 2017.

Broadford Bridge anytime now ( all planning consents in place ), hence the imminent placing/fund raise. Gl ;-)

KOGL now plan to drill the BB-1 well, located in the southern sector of the Licence during the first half of 2017. BB-1 is a deviated well designed to test naturally fractured conventional KL reservoirs within a "mirror-image" of the geological feature containing the proven Horse Hill Kimmeridge oil accumulation. As previously reported, the well site is constructed and the necessary planning and Environment Agency consents to drill are in place.

[leafysuburb] 14/5/2017 22:29

South Downs Planning Authority meeting is the 13th July.

Watch for a lot of people climbing onboard beforehand and then any placing and funding post a favourable decision.

Then anything sub or around 1p per share will be chicken feed as will the 1.22p of the alleged sounding out.

Just my thoughts everyone.

[moneymunch] 14/5/2017 20:58

Lol don't talk nonsense......a fully funded Ukog for HH ewt's and the drilling of Broadbridge Bridge and Holmwood will see a surge of new investors from such a lowly low.....the smart money was piling in on Friday.....Gla Holders.....Placing Imminent!!! ;-)

[datait] 14/5/2017 20:50

At least 1 maybe 2 months of misery here before any upside.

[datait] 14/5/2017 20:46

.5 then get back in lol

[moneymunch] 14/5/2017 19:47

pps and to give him his due, at least he was spot on with Finnaust's placing price of 7p......and so maybe a bargain to be had here sub 1p , if he's also correct on 1p.....Gla holders...;-)

[moneymunch] 14/5/2017 19:15

ps Finnaust channged their name to BlueJay Mining in March 2017 and their current share price is 13.5p........not bad from their December 2016 placing of 7p....Gla ;-)

[moneymunch] 13/5/2017 20:34

Horse Hill's Extended Flow Tests ( eagerly awaited ) will commence H2 2017 on Permit Approval, expected July 2017...GL ....BIG BOUNCE COMING on a fully funded UKOG. ;-)

Final Results 28th Feb 2017

TARGETS FOR THE COMING YEAR

-- Demonstrate commercial production from one, possibly two, wells at Horse Hill by end 2018

-- Demonstrate that Horse Hill results can be replicated in three other locations across the Weald Basin (two wells in 2017: Broadford Bridge-1, Holmwood-1, one further in the first half of 2018)

-- Deliver production from each well as early as permitting allows
-- Further consolidate our holdings, where possible, and acquire further prospective acreage

-- Planning permissions are in place for the two 2017 wells, and we expect to receive the necessary consents for the planned Horse Hill production testing and drilling activities by the end of July this year.

-- We are firmly on track to meet our end 2018 first production oil target.

4th April 2017
As previously reported in October 2016 and February 2017, an application for long term production testing and further appraisal drilling was submitted to Surrey County Council in October 2016, and is now scheduled to be decided at the Council's planning committee meeting in July 2017. The Company therefore envisages that these operations will commence in the second half of 2017 upon grant of the necessary remaining regulatory permissions.

[moneymunch] 13/5/2017 16:00

Exciting Times Ahead

Stephen Sanderson, UKOG's Executive Chairman, commented: 5th August 2016 following Pedl234's ( Broadford Bridge ) acquisition.

"This is a transformational step for the Company and its position in the new Weald Kimmeridge Limestone oil resource play. The transaction more than doubles our net acreage position and potential recoverable resource base in the most prospective part of the play, all at a very reasonable entry price. The transaction makes UKOG the leading player and acreage holder in Kimmeridge oil and a significant player in the UK onshore oil industry.

The acquisition is an entirely logical step after the very positive flow test at HH-1. It fits perfectly into our overall 2-year strategy to de-risk and push the Kimmeridge play to the point of commercial development. The drill-ready and permitted BB-1 site, along with the permitted Holmwood-1 well immediately to the north-east, should, by the end of 2017, give us the opportunity to demonstrate the replicability of the HH-1 Kimmeridge results over a more significant area of the Weald Basin. In parallel, we will be pushing HH-1 towards first oil with planned long-term production tests, appraisal wells and 3D seismic.

The potential "cherry on the cake" from this acquisition is the opportunity to appraise the conventional Godley Bridge gas discovery 30+ years after its discovery and, most importantly, at the same time to test the underlying Kimmeridge limestones through a single dual-purpose well. We look forward to Nutech's Kimmeridge oil in the ground and the Godley Bridge net gas resource findings and their impact upon the Licence's value shortly.

2016 sees major progress in the Company's exciting journey to establish the Kimmeridge Limestone oil play and its economic potential for the south-east and the UK."

[moneymunch] 13/5/2017 15:59

Ukog shares, a steal at sub 1p - picked up 1.7m plus on Friday......you might be able to get them slighlty cheaper on the imminent placing, or maybe not if the placing is at 1p or more......but whatever, they're not going to stay sub 1p for long with Ukog fully funded for HH's ewt's, the drilling of BB and their share of costs at Holmwood........GLa holders..BIG BOUNCE COMING on cash in the bank for the most defining year ahead in Ukog's development..... ;-)

[moneymunch] 10/5/2017 06:36

Lol funky, i think you must be confused......that was in reference to Alba, remember??? I sold out of Ukog sometime ago to go all in at Alba, with every intention of buying back in here in time for BB and HH ewt's with profits from Brockham, which has been delayed because of the confusion from SCC over the legitimacy of the sidetrack.....they say timing is everything, and looks to be in my favour at the moment....Ukog's share price will bounce big when the funding issue is sorted.......the usual suspects are out in force determined to drive the share price as low as possible, always a sure sign of good things to come. Gl ;-)


FunkmasterP12
9 May '17 - 14:54 - 6939 of 6968 0 1
Plenty of cash to see them through to production, eh moneymunch?

Alba bb

moneymunch
3 May '17 - 07:54 - 2384 of 2393 0 2 Edit
No near term cash calls and so plenty of cash to take them into Brockham's production and potential early £ revenue stream.....any fund raise will more likely arrive after OGA approval news for Brockham and therefore at a premium at current share price ...the last placing at 0.2p saw Alba's share price double to 0.4p plus the following month, and so bring it on.....a newly fully funded Alba with so much potential upside will be hard to resist. Gla holders.....;-)