Uk Oil & Gas Share Discussion Threads

[moneymunch] 27/5/2017 07:11

Nic's 3 Charts Today Are: Angus Energy #ANGS Management Resources Solutions #MRS Uk Oil & Gas #UKOG

Nic's 3 Charts Today Are: Angus Energy #ANGS Management Resources Solutions #MRS Uk Oil & Gas #UKOG

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[moneymunch] 27/5/2017 06:51

and with Ukog in the spotlight and full focus, 2p plus before you know it....and transformational upside if it free flows as they expect....Exciting times!!! Gla ;-)

The BB-1 well, will be a deviated or "slant" well, designed to penetrate the entire Kimmeridge section, targeting the four naturally-fractured Kimmeridge Limestones (KL1-KL4) to confirm that KL oil is contained within a resource or continuous oil deposit. The well will test the southern edge of the basin within a mirror-image of the Horse Hill fault block. The Kimmeridge section is planned to be drilled at an angle of approximately 45 degrees to vertical and approximately orthogonal to the predicted direction of open fractures within the Kimmeridge.

Operations will include the acquisition of an extensive coring, electric log and borehole imaging data set to provide further key information on the limestone reservoirs and natural fracturing. All pre-drill tenders have been issued and a drilling rig chosen. We expect that the well will provide UKOG with a quantum leap in knowledge of these unique KL reservoirs.

Our planning permission also includes the ability to flow test the well for up to 14 weeks. If successful, and provided the tests are encouraging, KOGL would aim to apply for permanent production status from BB-1 by the end of 2018.

Due to our 100% ownership, if BB-1 is a discovery of similar nature to HH-1, it could result in three times the overall net oil production impact to the Company compared to Horse Hill. Furthermore, should BB-1 ultimately prove our hypothesis that KL oil lies within a wider resource deposit, the licence's 300 km(2) area could hold around three times the recoverable resources of the Horse Hill licences.

Consequently, it is our viewpoint that a successful outcome from the BB-1 programme could have a highly material and transformational impact upon the Company.

[rayrac] 26/5/2017 23:06

Yes, have a good holiday mm and don't let those ramping upstarts ruin it!👉🏿;😜

[gismo] 26/5/2017 22:49

Hi moneymunch, have a great holiday. Things seem to be picking up here, let's hope the drill is a great success gla

[moneymunch] 26/5/2017 18:07

This months Corporate Presentation for those that missed it......Boom Time!!!... Gla ;-)

[moneymunch] 26/5/2017 17:08

It's all good, and a great start to the Bank Holiday weekend, Ukog back in full focus, the share price heading North and a Company maker drill on the go, with transformational upside potential if the limestones free flow as they expect. It's all good....Gla holders On and Up!!! ;-)

Ps Sailing to France on Monday, just hope the weather is going to be as hot as it is here, on the beach in the South of Brittany....i'll be watching next weeks action closely.....2p will be gone before you know it.;-)))

[vickiitwo2] 26/5/2017 16:54

OK azután for a DRINK5152 NOW51511515151515155 TAKSATHE4THEMOMENTXTAKSA2122155555551515THE1152151151551515515515515515q51 drink1q151515 WILLIAM151551515 h1151555511515115q111551appen value hiIwouldypppoii

[activeservo] 26/5/2017 16:43

Apart from UKOG and Sanderson saving face, obtaining further funding and continuing E&P, and us shareholders taking less of a hit...

[rayrac] 26/5/2017 16:35

If you've been around as long as I have, then you'll realise nothing good comes from false anything!

[activeservo] 26/5/2017 16:28

You will if results aren't good.

It's called data manipulation...aka fudging or massaging the results.

[errollc] 26/5/2017 16:27

apfindley...BLU will come good. Investors will start to take notice. Both UKOG and BLU have serious potential.

[rayrac] 26/5/2017 16:21

I don't want them to 'fudge' anything!😜😇

[activeservo] 26/5/2017 16:05

A small piece of the pie to minimise downtime on the tools and for the rock monkeys to "fudge" the results (if needed, of course). All good.

[rayrac] 26/5/2017 15:53

Warrant time!..I bet some of those contractors are wondering what they are/mean.

Don't want those they will say, just gimme the money Mabel! But if they do hang on to them, then they'll probably be wealthy?

[leafysuburb] 26/5/2017 15:36

Plenty now becoming interested in UKOG for what may be to come.

A good RNS this morning.

Watch the suspense build (and the volumes)

[apfindley] 26/5/2017 15:17

Friday afternoon heads up on BLUCounsillium market cap £3.3mill for a 12% stake in satoshipay Blue star market cap £1.75mill for a 19% stake in satoshipay Time to do the maths. Equivalent blue star market cap should be £5.3millWhich is around three times today's price, ie 0.45pTime to get buying BLU.

[activeservo] 26/5/2017 14:55

Or they've set themselves up for a massive rise....all depends on your point of view.

When we go drilling here, well test results come back amazing, then we produce them and fxxk all comes out.

BUT on the flip side, well test results come back amazing, produce them and they far out-perform all our expectations.

It's all unknown. That's the risk level here but that's also why it's exciting trading oilers.

Share options for the guys at the "coal" face, sounds like a good move.

[moneymunch] 26/5/2017 14:45

ps funky, did you buy any Ukog shares sub 1p, as i suggested??? ;-))))

[moneymunch] 26/5/2017 14:42

Lol funky obviously a sign of confidence not just by Ukog but also the contractors and consultants, and no doubt the same contractors and consultants who worked/are familiar with Horse Hill...they know what they're sitting on and are pretty sure it's going to gush BIG TIME!!! Gla holders UKOG is all set for the most exiting and defining period. ;-)

ps SS has 85m shares, waiting in the wings.....lucky boy!!! ;-)))

[funkmasterp12] 26/5/2017 14:33

Oh, and that RNS confirms Sanderson has 0 shares in UKOG.

The CEO owns no shares!

[funkmasterp12] 26/5/2017 14:32

I see Sanderson has given himself even more reward! This is intriguing as well:

"Of the 120 miilion stock options 45 million were issued to contractors and consultants whom are currently engaged on the Broadford Bridge operations."

Ignoring the spelling mistake, UKOG have set themselves up for massive fall if the Broadford Bridge drill even goes remotely wrong. Either a sign of confidence or money-for-the-boys stupidity. We'll see which one prevails.

[leafysuburb] 26/5/2017 14:04

The volume is definitely picking up on UKOG and with testing of a Horse Hill lookalike just about to start.

There should imho be considerable money to be made should it come up with the goods.

[hope67] 26/5/2017 13:30

Great chart from Nic Duke today 1.44 first target then 1.78 then 2.83 I will take that thank you summer hold