Uk Oil & Gas Share Discussion Threads

[ifyes] 18/5/2017 11:47

£3000 309000 0.97 top up bit more today,,, ,go UKOG .....

[moneymunch] 18/5/2017 10:40

Share Code 100...gla :-)))

[moneymunch] 18/5/2017 09:58

Buys coming in thick and fast including a late reported buy for 4.7m at .99p, which suggests along with yesterday's 9.2m after hours buy, funding news is imminent.....Big bounce on confirmation and a re-rate to follow with the spudding of BB.....gla holders Onwards and Up!!!;-)

[moneymunch] 18/5/2017 08:55

South Downs planning relates to Markwells Wood which is some what irrelevant to proceedings....it's the imminent confirmation of funding that will drive the share price upwards along with confirmation of EA approval for the drilling of Broadford Bridge which is also expected imminently, and Holmwood to follow...the next planning meeting that will have full focus is Surrey County Council's July 12th when permit approval is expected for Horse Hill's eagerly awaited extended flowtests. Gla...Big bounce coming on funding and a stellar year ahead on free flowing kimmeridge limestones at BB,HH and Holmwood. Onwards and Up!!! ;-)

[leafysuburb] 18/5/2017 08:35

It won't make any difference really who says what as on the run up to the 13th July rescheduled South Downs planning meeting as there should be a good run up on the excitement of what may come and the anticipation of any consequential rise.

Less than 1p now to buy and there has to be a fair chance of a very decent return.

Of course we all want cheaper re-entry prices then we fall silent as if on a sabbatical. But the trick is to get in ahead of the crowd.

Only voicing what I think

[moneymunch] 18/5/2017 08:23

Shorts sizzling....Gla Holders.....On and Up!!! ;-)

[moneymunch] 17/5/2017 20:35

Lol I smell the stench of desperation and fear from a snide detractor cohort.....Gla holders....Get ready for the re-rate. ;-)

[moneymunch] 17/5/2017 19:52

Lol £87.5k buy...supreme confidence or someone in the know....most likely both..funding sorted???...and who's waiting for a 0.8p placing????.....Get ready for lift off. Gla holders, fingers crossed for burnt crispy shorts. ;-)

[moneymunch] 17/5/2017 18:38

ps a very nice 9.2m buy at 9.5p full ask...ho ho ho.....Gla ;-)))))

[moneymunch] 17/5/2017 18:35

Plenty of pi's have made plenty of profit on Ukog on discovery and free flowing oil at HH contrary to the advice and opinion of the detractors and those that have been in denial of the multi-billion barrel potential of the Weald.....and plenty more will make even more from this rockbottom low as Ukog embarks on the most exciting phase of their development....the drilling of BB where they hold 100% of the 7 billion plus barrel potential ( almost unheard of, for a small cap explorer to hold the full 100% of such a large prospect with such a high chance of success, and therefore if they want to raise cash on a JV or farmin on BB, then Ukog must have a long list of suitors who would want in now ), followed by Horse Hill's eagerly awaited extedned flowtests that will once and for all, prove up the multi-billion barrel potential of the oil saturated Kimmeridge and confirm to the market exactly how much of the high quality oil is recoverable, the numbers could be breathtaking and the upside truly transformational, and the drilling of Holmwood expected to follow which can only add value on positive results.....Ukog's true market value will ultimately be commensurate to the Kimmeridge % interest held, how much is deemed recoverable against the market price of Brent....currently at $52 plus with some industry experts forecasting $70 and more, year end and beyond.....Theresa May will soon have her huge controlling majority to take the UK through Brexit where home grown energy security will be top priority and so the recoverable volume of the Weald Oil Basin will very likely be of national significance and could generate billion £'s in revenue.....in the meantime get ready for a significant bounce in share price on confirmation of funding in place, as SS and Ukog prepares for the most exciting and defining and stellar period on confirmation of Schlumberger and Nutech's multi-billion barrel assessment. Gla holders sub 1p will soon be a distant memory. Onwards and Up!!! ;-)

[greater things are yet to come] 17/5/2017 16:39

FunkmasterP12 17 May '17 - 12:28 - 7025 of 7030

A good job?! Look at the chart! Does that look like the result of a CEO
doing a good job?!


No. "Lest we forget.." too.. LOL


The problem with your overall analysis and position moneymunch is telling
entire world to fill boots back at 2p, now over 50% down. Uncertainty and
risk is growing from guy paying himself £607,000 wage, whilst producing
nothing. Which with unsecured placement is all not helping share price either.

The absence of an actual "production license" and sales contract also being
factors. Regardless of 7 billion barrels of oil and £28 a share promises..


Tom Pratiwith's got some front though having pumped up so many of these since
"show me the money" days to now be shorting such companies dishonestly.

As funkmaster rightly intimates - Top floor often in these oil types paying
themselves six figure salaries whilst achieving little to nothing don't seem
to care that much about you moneymunch, or others nursing current trading
positions up to 55% red..

There appears to be a realistic near term downside risk of < 40% back to .575p
against possible near term upside gain of < 100%. Are there not loads of such
similar potential roulette risks across uk market though ?? Casino/MMs always
winning both ways.

[funkmasterp12] 17/5/2017 16:33

So what justifies an increase of over £500k in Sanderson's pay from 2015 to 2016, Mikey?I completely understand your point and of course things do take time, but so far nothing of true merit has been proven here whatsoever apart from there being some oil in a hole they dug.

[moneymunch] 17/5/2017 16:03

He has no interest in any potential or positives, resident sharebasher's never do, he is not a holder and the last thing he wants is for the share price to rocket. . Gl ;-)

[mikeygit] 17/5/2017 15:58

Funkie---what they are doing is all the very necessary and unfortunately, complex groundwork---maybe you do not understand. Rome was not built in a day and so much work has to go into preparing for such a very large venture. if you are a holder I bet you will not be moaning when the share price starts to rocket---as I hope it will when the oil starts to gush out of the ground with large profit margins. Maybe you have no experience of running a business??

[moneymunch] 17/5/2017 15:38

and why would you just be reading the Annual Report.....haven't you got anything better to do with your valuable time???

[funkmasterp12] 17/5/2017 12:28

A good job?! Look at the chart! Does that look like the result of a CEO doing a good job?!He should be crucified over this placing and over the company's general performance. It's only because II's don't hold a large enough amount of UKOG that people aren't after his head.

[mikeygit] 17/5/2017 12:14

Markcrispy---As said--thanks for sharing that helpful e-mail with us. I too had a VERY courteous e-mail from him about the Village Hall meeting recently about--amongst other things---acidisation. he comes across as a very professional guy, and this is emphasised by the fact he had the time to respond to us small shareholders---it is what it should be all about. i have no time for those who post very poor comments about him. he is doing a good job under difficult circumstances---nymbies---planning--red tape etc--and IMO is doing things by the book and that is why things are taking their time. In the end IMO all will come good for us all.

[forwood] 17/5/2017 10:45

Suspect the usual scumbags and their lackeys.

[moneymunch] 17/5/2017 09:52

Thanks for sharing the email Markycrispy.....those behind the leak deserve an ice pick in the eye. Gl ;')

[moneymunch] 17/5/2017 09:32

I can't think of any other small cap explorer with 100% of a multi-billion barrel drill ready prospect....can you???? If Ukog wanted to raise funds along side a placement by selling a % of BB, then they could...they would have no shortage of suitors.....and therefore illustrates the strong position Ukog command on any fund raise compared to the opinion of the snides who suggest otherwise. Gla holders Big bounce coming on a fully funded Ukog with BB ready to go and HH Ewt's to follow....confirmation of free flowing limestones in volume will be transformational for all concerned.

[markycrispy] 17/5/2017 09:30

Dear Mr CrispThank you for your email and your interest in UKOG.We take the public release of such price-sensitive confidential information concerning our placing very seriously and are investigating the matter. Please note that under governing Stock Exchange regulations, we are required to immediately release any information that is price sensitive, as is the case for all listed companies. Consequently, we were required by the Stock Exchange to issue a clarification following the untimely and unhelpful leak. We have a very well defined strategy which will see us in almost continuous operations over the next two years. This programme is geared to getting a declaration of commerciality at Horse Hill by early 2018 and proof that the results at Horse Hill can be replicated across the Weald Basin. The first step is our 100%-owned Broadford Bridge-1 well, followed by long-term production tests at Horse Hill and the Holmwood-1 and Godley Bridge wells. Our stated aim is to achieve continuous production at Horse Hill, and hopefully Broadford Bridge, by the end of next year, 2018. I'm sure you can appreciate that if the programme is successful the impact to the company could be significant.Thank you for your patience and your support.Stephen Sanderson | Executive Chairman and CEOUK Oil & Gas Investments PLC

[forwood] 17/5/2017 09:28

Some will always take the short term benefit. From the share price action it seems that some are pre-empting the likelihood of a placing at less than .85 and selling in advance. That is an extremely risky 'bet', with no certainty of success.

The length of time it is taking could also be that the company is holding out for better - there is no immediate rush for this money as full production is not slated for another 18 months. They could also be in discussion about JVs, which would put an entirely different gloss on the outcome.

This is perhaps why the overwhelming action here is buys. The only downside being the apparent willingness of two MMs to sell shares that they obviously haven't got! We could see a rebound once the realisation sets in that a low ball placement is not going to happen!