Uk Oil & Gas Share Discussion Threads

[andymunchkin] 28/6/2017 18:39

dumplinganouncement startingsoon

[barnetpeter] 28/6/2017 18:35

UKOG holders like YOU urgently need this link for 2018...when BP buys the Weald for 10 billion in 2018...











hxxp://www.porsche.com/uk/

[mikeygit] 28/6/2017 18:24

Seems we are all queuing up at the station hoping the express train will arrive to take us to the promised land!!

[wisteria2] 28/6/2017 18:06

Looking forward the general consensus is for oil to trade between $45 to $65 for the foreseeable.
so at estimated $20 cost of recoverable then plenty of head room!!! Its the number of recoverable barrels that could give the share price telephone numbers of valuation. GLA holders

[moneymunch] 28/6/2017 17:36

and Brent on the up too...Back to $47 plus and rising....all bodes well. Gla ;-)

[rayrac] 28/6/2017 16:50

Well, I'm looking for indication of thickness of total gross oil strata. Then if any oil found moves without help and then api to see if it compares with HH... that should do it for now.

None of that should take long to rns, but flow and volume might. If I remember right, at HH, we had to wait?

[simon8] 28/6/2017 16:34

why the desperate need for an RNS every day...it's not how the industry operates, we have had initial RNS, a coring update (not really necessary), what we need now and that will come in the time parameters the industry operates is flow rates and potentially an indication of reserve base.

If it is all as positive as seems then good news will out and the share price will react appropriately, everyone predicting the next RNS is a little pointless. Let the company get on with the job in hand, the rewards will be reaped once they have done a proper job on the well.

I too am enthusiastic but let's just wait and see... hopefully this is as transformational as lots are predicting!

[moneymunch] 28/6/2017 16:20

Get up there!!! :-)

[moneymunch] 28/6/2017 16:02

Lol bobby....well so far it hasn't and oh yes it will doerx...Drill results imminent!!! Gla holders ;-)

[rayrac] 28/6/2017 15:58

Bit disappointed we haven't had news of progress, but Thursday will be ok rather than Friday. 👉🏿🔜

Mm is still ringing the come and get it, bell.

[bobby.ifa] 28/6/2017 15:50

I think we've got the message now MM. Please stop over ramping this as it will put newbies off.

[moneymunch] 28/6/2017 15:32

A mad dash for shares into close looks very likely...the detractors didn't want you buying sub 1p, sub 2p and they certainly don't want you buying sub 3p.......BIG news coming and a Major re-rate looks on the cards......the big boys have been mopping up and the major institutions will pile in on confirmation of Ukog's expectations....A Major World Class, High Quality Oil discovery.....Ukog is all set for the BIG TIME!!! Gla holders ;-)))

[moneymunch] 28/6/2017 15:19

and so hold on tight and enjoy the best ride around....BIG news coming soon and a Major re-rate very likely. Gla golden ticket holders...;-)

[moneymunch] 28/6/2017 15:04

and the profit takers continue to be mopped up...They really want your shares!!! ;-)

[bobby.ifa] 28/6/2017 15:01

Apologies, just seen it as reported as 11.35! Annoying when they do that.

[moneymunch] 28/6/2017 14:44

Looks like a late reported buy to me...but nevertheless now in the mix....as we await the next update or more likely full drilling results , core and drill data and confirmation of a Mega World Class high quality oil discovery....the big players have been mopping up in anticipation and no doubt the Major institutional investors will pile in on confirmation. Gl:-)

[bobby.ifa] 28/6/2017 14:42

Showing up as a sell on LSE

[aussieb3] 28/6/2017 14:40

Delayed buy

[bobby.ifa] 28/6/2017 14:38

Wow, massive 4 million sell just gone through & the share price didn't nudge.

[bobby.ifa] 28/6/2017 14:34

They are not fracking, Stephen Saunders has said that quite clearly in a letter to the local MP.
hxxps://t.co/mi5VZGfhBF

[datait] 28/6/2017 14:31

On no news I think this will close over 30% up.

[datait] 28/6/2017 14:25

There were days when oil tiddlers would rocket into the 20's just watch this space.

UKOG is not one to be out of.

[moneymunch] 28/6/2017 14:23

The following report was published before Ukog's acquisition of Broadford Bridge. Gla holders ;-)

Ernst and Young Report



The so-called Gatwick Gusher, a shale basin in the United Kingdom, could add as much as $74 billion to the nation's economy, a study finds.

U.K. Oil & Gas Investments commissioned Ernst & Young to examine the future potential of oil production from the Weald shale basin.

"Assuming it can be extracted from a development site at the volumes projected by U.K. Oil & Gas, has the potential to generate significant economic value to the U.K. economy," the report read.

Oil & Gas U.K., the industry's lobbying group, said the North Sea oil sector is in for a long period of decline, with less than $1.4 billion in new spending expected in 2016. Inland shale, meanwhile, has the potential to add between $10 billion and $74.6 billion to the British economy in gross value, the commissioned report said.

Operators are working to assess the potential in the shale area by testing the Horse Hill-1 oil discovery. Preliminary estimates made by the company last year put the entire Horse Hill reserve total as high as 100 billion barrels of oil. If its full potential is reached, the future production from the area could provide as much as a quarter of the nation's total oil demand over its lifespan, based on 2014 demand levels.

The field, locked in a geological formation called the Kimmeridge Limestone, is about three miles away from the Gatwick Airport, earning it the nickname the Gatwick Gusher.

Stephen Sanderson, the executive chairman of U.K. Oil & Gas, said developing the shale basin could make a significant contribution to the British economy. Oil is already flowing at nearly three times the expected peak rate.

"It is therefore possible that the overall economic impact of Kimmeridge Limestone oil could be significantly higher than this initial report describes," he said in a statement.