Uk Oil & Gas Share Discussion Threads

[hans christian andersen] 19/1/2019 20:29

The 2019 Global Group UK Investor Show is set to be the biggest and best yet!

March 30th 2019

And yes you have guessed correctly. Angus Energy are attending.

[atino] 19/1/2019 20:07

Doriemous release RNS title that reads:

“Operational & Sales Update from Horse Hill” 💭💭💭



(Again)...WHERE...EITHER IN STERLING OR IN DOLLAR “monetary terms”...can anyone pick up any “sales” FIGURES from ? 😤🙇 🤷‍♂;️👎🏻

[atino] 19/1/2019 18:03

Huge oil reserves that could yield the equivalent of 100 billion barrels have been found at a site near Gatwick Airport.

The discovery has been made by an exploration firm licensed under the name Horse Hill, 30 per cent of which is owned by UK Oil and Gas investments, or UKOG, whose share price got an impressive boost from the annoucement 🤔

At first look 👀....experts say 158 million barrels of oil per square mile, or up to 100 billion barrels, but only a fraction of that – between 3 per cent and 15 per cent – is likely to be recovered, UKOG have said 🤷‍♂;️

The North Sea has yielded around 45 billion barrels of oil in 40 years of exploration - but productivity there is declining, as shown by the chart below. UKOG thinks Horse Hill can fill the gap. It said the site could meet between 10 per cent and 30 per cent of UK demand for oil by 2030.

Analysts have downplayed the find, however 🙇🤔💭💭 Ken Odeluga, a senior market analyst at City Index, said that this is a significant find, but not a major one. "The overall oil market and UK financial market impact will be zero," Odeluga said.

So we’re not suddenly going to get cheaper petrol?

No. The price of petrol is pegged to the global price of oil – which has slumped to from over $100 per barrel last year to between $50 and $60 per barrel.

The biggest global oil producers are pumping through the crisis - Saudi Arabia, for example, has said it will continue producing over 10 million barrels a day. That could affect the price of commodities and services, but this latest discovery won’t.

Where exactly is the site?

The Horse Hill licences cover 55 square miles of the Weald Basin in southern England – an area that has long been known to contain shale oil. A government report about the Weald Basin last year estimated the area could hold shale oil resources in the range of 2.2-8.5 billion barrels of oil.

Will this affect Gatwick’s expansion plans?

The area licensed to Horse Hill is between two and three miles north of Gatwick Airport. Plans to build a second runway at Gatwick are to the south of the airport’s existing runway. So the two shouldn’t interfere with one another.

Should we be worried about fracking?

UKOG has said Horse Hill is naturally fractured and that oil reservoirs could potentially be produced using "conventional horizontal drilling and completion techniques".

Even without fracking, activists have said that the UK should be moving away from reliance on fossil fuels. "We already have more than enough coal, oil, and gas reserves to fry the planet," said Greenpeace chief scientist Doug Parr. "It's time we uncoupled our economy from the dangerous roller-coaster of fossil fuels and invested in the clean technologies that can provide safe and cheap energy for decades to come."

2015 🙇👍 (...and with an IQ 😤) YOU NOW IN 2019 ⭕️9324; 🤦‍♂;️ !

[gizmogizmo] 19/1/2019 17:03

Hey...elcapiTOOL and jack...YOUR MUMMAS DONT JUST SUCK EGGS and that's for sure.
They named you after your pappas...el-TOOL and JACK U LATE.
HAHAHAHAHAHAHAHAHA.
BYEBYE my two little Barsteward SONS.
Your mammas waiting again...yawwwwwwwwwwwwwwnnnnnnnnnnn.

[datait2] 19/1/2019 14:11

new potential proactive investors video from ukog with spokesperson stevie boy showing his reaction on the recent flow results?.IMO

"I need bacon bits"
"In my lasagna"

www.youtube.com/watch?v=wTI2Q7j_TvQ

[gizmogizmo] 19/1/2019 13:33

dataTIT2...???? I never deprived your mammas village of an idiot,LOOK IN THE MIRROR FOOL.

[datait2] 19/1/2019 13:32

and

Due to the lack of capital allocation from large fund managers, the Alternative Investment Market is dominated by inexperienced private investors who have limited capital and tend to gamble large percentages of their savings in single potential ‘multibagger’ shares touted on bulletin boards.

[datait2] 19/1/2019 13:31

gizmogizmo and gismo, is this why you lost in your AIM stocks??????????----

One explanation for the peculiar price action in AIM stocks is that investors, who have long been sitting in losing positions, rush for the exit on the first sign of any positivity pushing prices back down.

As many stocks have been stuck is such long term downtrends, a positive update is seen by the overwhelming majority as an opportunity to cut their losses.

It’s the classic ‘I’ll get out on the next rally’.

The problem is, if everyone has the same plan a downside bias is created.

A company has just had a brilliant RNS release, the long awaited approval or contract is finally here, the share price rallies sharply – only to just as quickly tumble back down.

These spikes occur all too often to companies listed on London’s AIM market. Similar to ‘pump and dump’ scams, these spikes draw unsuspecting investors in to sharply rallying stocks, that swiftly reverse, leaving many with loss making positions.

[iammrweald] 19/1/2019 13:02

K3/4 now classed as Deadpool?
See the crayons were let out early this weekend.must be rush to get giz dressed and a visit to the zoo to meet his primate feiends.
Hoe? Hoe? Is that regard humour or just another whack at engerlish brevity giz? Don't forget the bananas!

[gizmogizmo] 19/1/2019 12:44

HOE HOE HOE.. HAHAHAHAHAHAHAHAHA HOE HOE HOE.
WHOSE YOUR MUMMA infact WHOSE YOUR DADDA.LOL.

[gizmogizmo] 19/1/2019 12:39

ODDS ON ...THAT HOE WAS YOUR MUMMA so you could be the ( BARSTEWARD ) to any one of six of my mates who jumped the hoe at the same time.
Certainly likes her porridge..that's for sure.
Cya..son nyBoy.

[datait2] 19/1/2019 12:04

in the words of the late Roy Castle, I believe this is the chant the trapped bulls sing to themselves daily--

Dedication(medication)

If you want to beat the best,
If you want to beat the rest,
Medication is what you need,


Medication's what you need!!!!!!!!!!!!!!!!

If you wanna be a mental patient!!!!!!!!!!!!!!

[elcapital2018] 19/1/2019 11:54

Made you famous atino lol

[datait2] 19/1/2019 11:27

the prob with AIM stocks, is, if you need to go to the toilet to do a number2, you could miss a spike and be trapped in the stock for life, like most here.

I assume they were constipated and/or run out of bog paper and were trapped and couldnt get off the toilet pan, in order to get out on a spike.

it seems aim investors try to close their bum cheeks tight between the hours of 8am to 430pm, mon to fri.

it is only safe at evenings,weekends and bank holidays to have a long good hard squeeze of that pesky trapped jobbie.

[datait2] 19/1/2019 11:24

gismo, i loved it when you were in the big brother house a few years ago.

"They were trying to use me as an escape goat"

[datait2] 19/1/2019 11:19

POST OF THE MONTH goes to this posted yesterday on the gatwick gusher thread.

dark energy18 Jan '19 - 21:08 - 7718 of 7726
0.010000 1 0
WTF happened to my shares?

Just got out prison and I am down 89%. D.E is very angry,

[atino] 19/1/2019 11:17

So Drait 👋🏻..(hi there:-)...can you please inform the rampers that:

- drilling and long-term testing of two new horizontal wells, to be called HH-2 and HH-1z will commence. Planning permission was granted for this work in Ocober 2017. UKOG said environmental permits and funding for the work were also in place. (...okay so let’s take for granted, for a minute, that funding is indeed in place ! 🤔)

But..what about 🤷‍a94;️ for:

- The new planning application for another four wells and long-term production at Horse Hill which was submitted to Surrey County Council in December 2018. UKOG said it made an application for an environmental permit for this work last week (10 January 2019). Details of the permit application have not yet been published by the Environment Agency.

What about funding for the other 4 ?? 🤷‍a94;️ And the current share price is really UNATTRACTIVE, with no institutional backers whatsoever...

Will these rampers Drait...be able to get out of being “TRAPPED investors”?...or perhaps being more diluted than BEFORE?...Will they ever see their monies back Drait ? 😉🙇

[datait2] 19/1/2019 11:11

watched a video on you tube with brokerman dan vs a long term investor.

the longterm says you make more money grand total,compounding at say 15 to 20% with ALL your money fully invested over time, in proper stocks ,correct.

brokerman dan admits that and says AIM stocks are simply for folk that have little money£1000 to £3000 max and they need to grab, £50, £100 £200 profit on any spike,

then take that profit, buy some shopping and repeat.

it isnt for making longterm compounding wealth.

[datait2] 19/1/2019 11:04

good morning all descending share holders.

I see my post ruffled a few feathers , that was the whole idea.

and typical, 3 posts about the weather. none about investing.

and gismo, how did you manage to comment about my posts yesterday afternoon, if im filtered, same applies to your husband number 2, gizmogizmo.

remember " my stock has went up, therefore i must be right, "


you are confusing price movement, to prospects!!

[atino] 19/1/2019 11:01

Hey Black Gizmo (...yes YOU...the one whom lives in “hope”)


...do you remember when I had said “SOD YOUR KL4 results”...and that you could shove it ? 💭💭💭💭 🤷‍a94;️ (...wasn’t really interested in it TBH 👎🏻)


(Well...) UKOG have now also said the KL3 and KL4 zones were now regarded as a SINGLE oil pool 🙇


LOL HAHAHAHA (...don’t it feel nice, being led astray, by your management 😉 🤦‍a94;️). Like baking a cake 🍰 (or eating Terrys orange 🍊 chocolate) layer by layer 😉...”MY ATINO” will take you cake away...and EAT YOU for breakfast 😤 !

[ball deap] 19/1/2019 11:00

Hi Gismo, elcapital2018, Ball Deap , rayrac , gizmogizmo and the ukog crew. I’ve just woken up laying in today.

Here’s hoping for that good news soon guys, can’t be living in this caravan for much longer the toilet cassette has failed again.