Uk Oil & Gas Share Discussion Threads

[supercity] 02/3/2016 08:30

Moneymunch I assume you are joking about the warrants - it would be a 99% certainty the shares have been or are currently being presold at a higher price...that's how it works

[ibug] 02/3/2016 08:26

BUYING CYCLE STARTING ----- great stuff imo upward and onward.

[moneymunch] 02/3/2016 08:24

No placing any time soon, hence the warrants exercised yesterday, no one in the know would spend £240K on 10.6m shares if they were expecting a dilution placing and Ukog have now got close to £5mn cash in the bank.gla :-)

Ps tree shake nearly over and profit takers done....big bounce coming.

[datait] 02/3/2016 08:22

Need to place order to buy this is going to rocket folks.

[mug3] 02/3/2016 08:22

Market makers turned off the RSP screens. This is a disgrace.

[datait] 02/3/2016 08:21

Cant buy online lol what does that tell you just like it was before eh hahahaha this will rocket.

[datait] 02/3/2016 08:20

I told you lol market makers know how to make money this is back up and beyond lol

[ibug] 02/3/2016 08:18

The selling cycle is closing...lol @ shorters....


THE LAST SHORTER TO LEAVE THE ROOM MAKES THE BIGGEST LOSS---WE HAVE A COUPLE OF LOSSER'S ON THE THREAD---LOL

[ibug] 02/3/2016 08:17

Growth can be achieved through organic growth using the existing 4-5 million GBP + $11 MILLION USD credit line.

[asturius101] 02/3/2016 08:15

Why all of this news if not to build it up for a discounted placing? The signs are there - there is def a placing on the way IMHO

[cashmachine2] 02/3/2016 08:14

Rayrac It's clear so many know absolutely did all about drilling, flow rates and vertical drills. You seriously can't be that stupid??The horizontal wells and utilising a system such as the Octopus is likely to see the bopd increase significantly to 10,000-15,000 per day. Get a grip and do some reading.

[ibug] 02/3/2016 08:13

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.

[ibug] 02/3/2016 08:12

THERE ARE NO PLANS FOR A PLACING ---THAT IS FAKE NEWS imo

[darrentreweek] 02/3/2016 08:11

Placing going to be a big discount with mega overhang that will take months to clear......DONT get caught out

[rayrac] 02/3/2016 08:10

Stephen Sanderson, UKOG's Executive Chairman commented:

"The well continues to perform above Expectations.

How low were those expectations?

An average flow rate over 7.5 hrs of 838 bllspd.

[darrentreweek] 02/3/2016 08:09

Clever people getting out before the placing

[datait] 02/3/2016 08:07

market makers taking out stop losses again lol

[football] 02/3/2016 08:05

DATAIT 90% sells so far today

[datait] 02/3/2016 08:03

There wont be much selling today as most would have sold yesterday so watch this start to rise.

[robbie1424] 02/3/2016 07:59

838 barrels in 7.5 hours.
Read it again.