Uk Oil & Gas Share Discussion Threads

[hans christian andersen] 17/1/2019 08:42

12M
Where do you get your hearing aids? Specsavers?

[datait] 17/1/2019 08:37

No buyers now eh hahahahaha not surprised close the doors folks.

[datait] 17/1/2019 08:33

Hard to sell have to put an order in and hope for the best.

Many will find themselves locked in.

[datait] 17/1/2019 08:32

under 1p today folks

1.5 about to go.

[datait] 17/1/2019 08:31

pmsl Timbrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr

get the life boats out quick.

[elcapital2018] 17/1/2019 08:30

saw it a few years ago! this sort of company has a long history on AIM

[onetomany] 17/1/2019 08:29

Should settle around 0.5p in the coming days. What I'm hearing from my guys here is not good in terms of potential now but guess we can all see that.

[datait] 17/1/2019 08:28

end of the road folks.

[datait2] 17/1/2019 08:26

yes gismo the ftse 100 market may settle,

thats based on stocks making £billions and that have proved themselves over many many years.

ukog has proved 300 barrels a day

[25wbh] 17/1/2019 08:25

Good morning Gismo , Rayrac and all usual friends.
Still prefer hard brexit.but will have to wait and see?

[elcapital2018] 17/1/2019 08:22

Not looking good kids is it!

[datait2] 17/1/2019 08:22

look back to the ukog video 2016, it was stated "it could produce 350 barrels a day"





www.youtube.com/watch?v=Mtf-OpR-OZE

[gismo] 17/1/2019 08:16

Placing with all that oil. Can't you read an RNS man. Go back to school

[datait] 17/1/2019 08:15

Get out while you still can lol

.5 coming placing on its way these times are hard times.

[gismo] 17/1/2019 08:08

Morning 25 and all. Yet another tick down. Life raft anyone. They've just got to get this Brexit thing on the road and the markets will settle. WTO all the way

[katsy] 17/1/2019 08:07

Looks like the dream is now over.

[gismo] 17/1/2019 07:32

Mars Henchard. I'm over there but the arguments are a bit much sometimes.

[manc10] 17/1/2019 01:03

Tw value 0.4p placing ahoy

[henchard] 17/1/2019 00:17

kemche - sorry I have to disagree. Less "serious investors" and more "Jonestown" and "Waco" was my impression.

[kemche] 16/1/2019 23:24

Henchard, most serious investors eventually migrate over there. Mostly professional investors from what I can see.

[henchard] 16/1/2019 22:52

After a few mentions of the "lse" here, I've popped over to have a look at what posters on that site have been saying about today's RNS. My God, I was shocked. A gathering of mooncalves on a scale I never imagined could possibly have existed. It really beggars belief. Where on earth do they all come from?

[atino] 16/1/2019 22:14

...I have scanned the entire RNS...and amongst all the numericals given 💭💭💭



...there isn’t a single “£”; sign....to spot 🙇🤦‍♂️🤑 ! What a farce...☹ʊ39;

[atino] 16/1/2019 22:07

[Quote 🙇] “UK Oil & Gas investors UNIMPRESSED by Horse Hill testing update” 👎🏻🖕🏻8545;

Investors in UK Oil & Gas PLC (LON:UKOG) were evidently unimpressed by Wednesday’s project update from the Horse Hill project, which revealed that production testing had passed a milestone of 25,000 barrel of oil.

Of the 25,000 barrels of oil produced since early July, some 21,000 barrels have come from the Kimmeridge.

Production rates since 7 January have ranged between 303 bopd and 525 bopd, the company said.

In Wednesday morning’s trading, UKOG shares fell more than 5% to 1.14p.

The company said that, based on the successful results to date, it has now been decided that this production phase will continue through to the expiry of the current permits in spring.

It then intends to advance immediately to the drilling of two horizontal wells, HH-2 and HH-3, which will also undergo a long term production test.

Planning applications were recently submitted for the proposed seven-well field development, and the company anticipates that all necessary permits will be in place by the autumn – which will enable the transition from test production into permanent production in winter 2019.

“UKOG aims to deliver near-continuous oil production throughout 2019 via a combination of long term testing of HH-1 and two new wells, followed by a smooth transition into permanent production in the winter,” said Stephen Sanderson, UKOG chief executive.

“The potentially transformative effect of a successful programme is an exciting prospect for 2019."

UKOG highlighted that the absence of the formation water in the oil flows continues to give support to the company’s geological concept that KL oil lies within a significant continuous oil deposit.

It owns a 46.735% beneficial interest in the Horse Hill project. It is the largest UK-listed stakeholder in the venture.

[elcapital2018] 16/1/2019 22:06

bust by end of 2019 imo