Uk Oil & Gas Share Discussion Threads

[beebong1] 02/3/2016 17:19

need cheering up after a depressing day?

This did it for me ;o)

www.youtube.com/watch?v=xZ_Wbjz8JTc

[moneymunch] 02/3/2016 16:27

Brent looking perky.... $37.13.....gla :-)

[forwood] 02/3/2016 15:58

ibug - am also fed up with the repetitive posts. Moderated the tankers and the photo-montage.



I got the standard to change the photo o yesterday's news item. The previous pic shewed a massive above ground operation and of course they intend to hide it 5m underground.

[moneymunch] 02/3/2016 15:30

The following is an Ernst and Young study/report on UK onshore shale gas, not the one we're waiting for on the economic assessment of the Kimmeridge, but gives a good idea of the major planning ahead for the industry.

[ibug] 02/3/2016 15:07

Totally agree---major changes may be coming our way with new developments in the organisation and a production license not that far off once the process has been fast tracked; and that looks to happen sooner rather than later.

[cashmachine2] 02/3/2016 15:01

Well the chart is set up beautifully for the next major "leg up" and I think much will be on the back of the news that's already out. The independent report will really put eggs on the faces of many, especially as there will be some major coverage from brokers and proper journalists on this.Coupled with the belief that Total are looking to get involved and DL openly stating he was off to speak to majors in the States.Interesting times

[ibug] 02/3/2016 14:49

we compete with that troll thread.

[simon_64] 02/3/2016 14:44

ibug
2 Mar'16 - 14:38 - 859 of 859 1 0


Perhaps a buy out of the MPET share is being planned.

You might not be far from the truth there.

Please stop posting pics of the tankers though, you are making it a nightmare for genuine holders to follow the thread.

[ibug] 02/3/2016 14:38

Perhaps a buy out of the MPET share is being planned.

[ibug] 02/3/2016 14:37

Interesting the DL is going to meet an oil major in the States next week to discuss Horse Hill.

[robbie1424] 02/3/2016 14:29

its shakey shakey time;0) does that mean more news on the way.

[cashmachine2] 02/3/2016 14:25

Well whoever purchased 281554 at 2.67 and sold the same less than an hour later for a £700 loss well done!! Excellent investment and panic selling!!

[moneymunch] 02/3/2016 14:19

Lol....:-)

[tommy25] 02/3/2016 14:12

no oil here, get real guys. they produce 1300 barrels of oil and only own 20%. not worth anything. short to 0p

[simon8] 02/3/2016 14:06

sorry ibug just filtered you, finally got totally bored of having to scroll through the same old duplicate statements, pictures and old news stories.... I am as bullish as the next person and hope my investment comes off but there is such a thing as complete boring overkill. Sorry again

[ibug] 02/3/2016 14:05

On completion of flow testing the portland the next step is to start exploratory production and more well heads to establish the Xodus multi well concept which might yield 12000-14000 bopd.....the possibilities are really that huge.

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

[ibug] 02/3/2016 14:04

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.


UKOG have incredible potential.

[ibug] 02/3/2016 14:00

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.

[niceyman1] 02/3/2016 14:00

The way the share price is behaving,there has got to be a placing on the cards in the next day or two I.m.o!

[cupra kid] 02/3/2016 13:28

The big drop??!!?? lol :)