Uk Oil & Gas Share Discussion Threads

[datait] 02/3/2016 09:24

Im sure they are in talks for a possible take over ?

[datait] 02/3/2016 09:15

Its clear to me this will be a constant riser for sometime now. Watch as the day goes on as there will be a nice steady rise.

[datait] 02/3/2016 09:12

Look at the large trades that would have been taken out with a stop loss lol they will be well pist-off to see it has risen back up, thats why I never use stop losses as your only working for the market makers by doing so.

[robbie1424] 02/3/2016 09:11

Sellers getting mugged-again
wont let you buy online
They just want sellers!!! says it all really.

[datait] 02/3/2016 09:09

lol market makers want your shares but dont want buyers at this price wonder why hahahahaha

[robbie1424] 02/3/2016 09:07

If you read up about Whytch Farm- HH is very similar.
They started slowly but after a while they started to extract more and more oil with numerous pads.
The same will happen here.
Just hold tight as there is going to be lots of news that will underpin the price each time.
Expect some large numbers
If bp aint interested with having whytch farm close by I would be very surprised.
Watch this space,dyoh

[falia] 02/3/2016 09:05

MMO GUYS AGM TOMORROW RISING FAST

[ibug] 02/3/2016 09:03

When the final flow test results have been published and analysed then the media will have to sit up, own up to their mistakes and start taking this discovery seriously.



THE WEALD IS A WORLD CLASS RESOURCE.

[niceyman1] 02/3/2016 09:00

It seems the press and the market are sceptical of ukog?

[cashmachine2] 02/3/2016 08:59

So further to the link I posted earlier, this report gave UKOG a valuation of $353m net and that was based on just 19 cents per barrel of oil in place. They predict UKOG becoming a FTSE 250 company.The detailed analysis and independent report will be due soon and is now likely to see the OIP rise dramatically from these figures only enhancing the value.Not surprised a JV with Total is likely to happen.Here's the two extracts:-As detailed in full in this report in Tables 2 to 6, we have calculated a risked value in our 'Base Case' estimate for the Horse Hill licences (PEDL137, PEDL246) of $1.7bn, which is worth $353m net to UKOG. This may seem a huge number, but it only equates to just under 19 cents per barrel, given Nutech's P50 estimate of 9.2bn barrels of 'oil in place' or just over $3 per barrel after a modest 6% oil recovery rate is assumed. A flow test anticipated to take place later this year will provide us with more information on the recovery rates obtainable, and economic potential.After taking into consideration cash, debt and anticipated drilling commitments over the next 18 months, we arrive at a final valuation for UKOG of $413m (£266m). This equates to 13.1p per share, representing considerable upside from the current share price of around 2p. Given this valuation, the company maker and world class potential of several projects and speed at which UKOG is adding new licences, it could be argued the Company is on a one-way trajectory towards being a FTSE 250 mid cap oil industry player. With these thoughts in mind, we recommend UKOG as a 'Strong Buy'.

[robbie1424] 02/3/2016 08:57

Have you noticed Ukog didn't get any press coverage yesterday or this morning.
This is going to be big and huge things happening behind the scenes.
They will want all pis out of this stock.

[datait] 02/3/2016 08:57

Told you there goes another 500,000 buy this is huge folks

[datait] 02/3/2016 08:52

The market makers have large orders to fill folks watch this rocket.

[ibug] 02/3/2016 08:49

PRETTY SOLID BUYING ACTION RIGHT NOW:



Time / date Buy / sell Volume Price Value
08:45 - 02/03 Buy 275866 2.75p £7,589.35
08:45 - 02/03 Buy 17594 2.79p £489.99
08:45 - 02/03 Buy 500000 2.78p £13,875.00
08:45 - 02/03 Buy 3637 2.75p £99.98
08:43 - 02/03 Buy 36462 2.74p £1,000.01
08:43 - 02/03 Buy 198671 2.74p £5,447.56
08:43 - 02/03 Buy 500000 2.74p £13,710.00
08:42 - 02/03 Buy 72822 2.74p £1,991.75
08:41 - 02/03 Buy 203079 2.73p £5,552.18
08:39 - 02/03 Buy 50000 2.75p £1,374.50
08:39 - 02/03 Buy 360000 2.75p £9,899.64
08:39 - 02/03 Buy 58566 2.75p £1,609.98

[ibug] 02/3/2016 08:47

The choke size was the standard 1 inch----dry oil----no water---a world class discovery imo.

[datait] 02/3/2016 08:45

They are trying to fill large orders of 500,000 so expect this to turn blue very soon folks

[datait] 02/3/2016 08:44

Still cant buy online they are holding this back in hope for more shares.

[datait] 02/3/2016 08:37

Sellers have gone now watch this pick up pace folks.

[lefo2] 02/3/2016 08:36

The way this stock is behaving on very good news makes me think something big is coming, possibly this JV which has been mentioned. A lot of big buyers what in! I may be wrong but it's starting to look that way. GLA

[ucretin] 02/3/2016 08:36

darrentreweek - a supporter of the self confessed unhygienic drunk TW, view his profile. Negativity on every thread he has posted on. Filtered.

[ibug] 02/3/2016 08:34

That RNS was behind the curve---those shares were sold last week....now absorbed..DYOR