Uk Oil & Gas Share Discussion Threads

[wetdreams] 03/3/2016 11:49

I bug is iMac you under a different name..the only rumoured news I know of is the placement that's coming at a big discount..in fact these sells could be flippers..

[ibug] 03/3/2016 11:42

NEWS/ OPINION FROM LSE:


imac1
Posts: 353
Off Topic
Opinion: Strong Buy
Price: 2.50

RE: 260m bbls recoverable rumour Today 11:41 I think you will find he is referring to the recoverable oil attributable to UKOGs percentage of the license which is massive news!!!!

[moneymunch] 03/3/2016 11:19

Lol wetfart, you've called this wrong all the way from sub 1p you fantasist, don't you remember???

[cupra kid] 03/3/2016 11:19

Wetdreams you've been saying the share price will go down for weeks so the law of averages suggests you'll be right one day. You've called it so well!!!! lol!!! p.s Name me one share that has gone up in a straight line? Just one, that's all I need. Thanks

[wetdreams] 03/3/2016 11:16

Sells at 2.47 now ouch..but I did say ..2p not far off .then below on to 1p

[wetdreams] 03/3/2016 11:10

Share price still going down like I said it would .wetdreams is right again .shareholders learning a very hard lesson here ..after the pump comes the dump..much more to come 1p soon Imo .rampers getting hot headed now and name calling ..pml

[ibug] 03/3/2016 11:09

Horse Hill-1 Produces 'Ground-Breaking' Results

by Andreas Exarheas|Rigzone Staff|


UK Oil & Gas Investments plc announced Tuesday that oil flows in excess of 900 barrels per day have been achieved from a second zone at the Horse Hill-1 discovery in the UK’s weald basin. The latest developments at Horse Hill are a shot in the arm for the UK onshore oil and gas industry that could lead to the potential creation of hundreds of jobs in the sector.

- See more at:

[cashmachine2] 03/3/2016 11:06

16/02/2016 – UK Oil & Gas Investments had its “Buy” rating reiterated by analysts at WH Ireland. They now have a GBP 5.00p price target on the stock.

hxxp://www.sharetrading.news/2016/03/03/uk-oil-gas-investments-lonukog-broker-roundup/

[proj] 03/3/2016 10:48

Tumbling fast. UKOG, more like UDOG.

Gutted.

[cashmachine2] 03/3/2016 10:45

Dear all

There is so much more to UKOG than many people will realise and below is factual information (not ramping) about why I believe UKOG will see significant rise in share value over the coming weeks, months and years.

1)The results from the Lower and upper Kimmeridge limestone from the first two flow tests have proven there clearly is oil within this limestone and with the further pressure test taking place right now and the move to do a flow test at Portland sandstone the data is going to be very useful for both Nutech and Schlumberger.

2)UKOG are applying for the long term production tests which will clearly give an accurate appraisal of flow rates and calcs can be then done regarding likely horizontal increased flow rates.

3)The Weald Basin has a huge estimated oil reserve and with UKOG also having Holmwood Licence to the west of Horsehill (HH) which is stated to contain Portland look a like sandstone and the continuation of the Kimmeridge Limestone so if oil is at HH there's a huge probability it'll be at Holmwood! UKOG have a 30% interest in Holmwood.

4)UKOG currently have 21.3 million barrles (P50) and this doesn't include HH or Holmwood.

5)UKOG have the PEDL331 on the IOW and again indications and estimates this joins the huge oil field running from a famous farm in Dorest.

6) UKOG acquired 5 licences from Northern Petroleum (4 onshore and 1 off shore). Hordean and Avington continue to provide stable oil production.

7)UKOG have a significant drawdown facility remaining in the region of £10M and have cash to hand of circa £5M. As has been reported this morning, MPET will now be required to stump up cash to contribute to further testing/drilling/operation and clearly if they're unable I'm sure UKOG will happily take their interest in HH and find a partner with huge money pockets.

8) The visit by TOTAL is accurate and alongside DL tweet that he is now visiting the States to discuss HH with oil majors will raise the profile of this significant oil reserve.

Please DYOR/NAI ETC

So to summarise, you'll have every man and his dog crowing but the simple fact many journalists and bloggers got this one seriously wrong and that's why I believe there is still such a hate campaign for UKOG (as seen on these BB) but oil speaks for itself and the likes of TOTAL/BP/EXONN aren't going to give a toss what some idle, useless muppet living in a squalid flat is putting on twitter or on here.

Good luck all but I'm having a load more into my SIPP for a healthy and relaxing future.

Cash.

[genises] 03/3/2016 10:22

If I was the ceo I would wait until further results come in and then discuss further investments from a medium / major oil company.
Ps
You not the CEO so your post is irrelevant.

[ibug] 03/3/2016 10:22

JUST REPORTED BrokermanDaniel FOR publishing FALSE NEWS on Twitter to the FCA----even if he is right his post represents market manipulation and insider trading.

But DL has said he is WRONG.

And it makes no sense given the available cash----those blogs are just scare tactics for SHORTERS to make a quick buck.

[forwood] 03/3/2016 10:21

It would be a ridiculous time to raise money wet dreams. The share price for one is no more than it was the last time they raised cash. Given the vastly improved prospects, the share price in my view is about half what it should be.

At this stage, with over £4.5m net cash they do not need more. The next major expense is likely to be a horizontal well pad. Figures I've seen for well costs, range from $5 - 10m, equivalent to £3.5 to £7m. Various conceptual studies and prep costs might add another £3m max, so even if the whole cost to get to production was £10m, their share of it is c £2m.

They won't need this money for some time, and in the meantime we will be getting better data which should drive the share price up nearer to the 5p mark. Then they do have a line of credit which gives a very comfortable amount of headroom.

[wisteria2] 03/3/2016 10:10

LOL...... your not you dreamer!!!


wetdreams
3 Mar'16 - 09:51 - 901 of 902 0 0


If I was CEO of Ukog I would be raising cash now on the back of this ramp that's for sure

[ibug] 03/3/2016 09:56

DL said the company has no plans for a cash call. That rumor was put out by three trolls on Twitter as FALSE NEWS.

[wetdreams] 03/3/2016 09:51

If I was CEO of Ukog I would be raising cash now on the back of this ramp that's for sure

[wetdreams] 03/3/2016 09:49

I bug you can't say no placing..the best time for Ukog to do a placing would be now on the back of flow test results while the share price is high .less dilution to shareholders regardless of there cash position ...it's how aim works ..knowthegame ...

[ibug] 03/3/2016 09:46

They will once the expert reports are issued imo.

[janekane] 03/3/2016 09:44

looks like the city cant go along with the news share price like a fiddlers elbow

[ibug] 03/3/2016 09:39

No placing needed as the company has enough cash to organically grow and develop through an impending production license. That view was confirmed this week by DL but confirmation by way of an RNS would be welcome.

[ibug] 03/3/2016 09:38

Interesting article about the top ten investments that mentioned 88E indicative that UKOG is very close to the Top Ten as a very popular share pointed out by HL recently.

Oil and Mining Sectors Top the Charts for Equity Investors The future of oil remains an unknown and investors will certainly have to continue to keep a close eye on the sector. Royal Dutch Shell PLC (RDSB), BP PLC (BP.), Glencore (GLEN), Centrica PLC (CNA), Anglo American PLC (AAL) and 88 Energy Ltd (88E)dominate the top 10 most popular securities last month.

Yields continue to look attractive due to supressed share prices: Shell pays an income of 7.5%, Glencore yields at 8.5% and Anglo American pays dividend at 10.9%.

- See more at:

[5baggersrus] 03/3/2016 09:37

I think if they had sense and people willing to invest they should have / will take the opportunity to raise money at these levels and with the current demand on the back of sucessful flow tests - but any placing price should not be heavily discounted.

The only people that would disagree are likely traders imo.