Uk Oil & Gas Share Discussion Threads

[gismo] 22/1/2019 20:35

So what? Are you looking for a medal?

[elcapital2018] 22/1/2019 20:33

Yep it must be. She looks well past her sell by date!

[hans christian andersen] 22/1/2019 20:29

mikeygit is Brocal53 on LSE and yes to MikeWarrington

guess who this is

[elcapital2018] 22/1/2019 20:14

...and he wonders why he cant sell! Might be cheap when you buy, but it will be cheap when you sell. ! Im sure he will be really pleased to see me on twitter!

That river looks like it might be radioactive!

[henchard] 22/1/2019 20:05

The place looks quite nice Elcap (its got a river)

[elcapital2018] 22/1/2019 20:00

It is him, lives in the middle of nowhere

[elcapital2018] 22/1/2019 19:56

i will find out!

[henchard] 22/1/2019 19:47

A lot of the old names here have moved onto pastures new.

This looks very much like mikeygit (formerly of this parish)

But what of the irrepressible amr2017? Not sunk without trace, surely?

[atino] 22/1/2019 19:46

Roll the dice 🎲 💭💭💭....


...I want the 6(+) 🙇 😤



...and an acceleration in...explorational or operational “programs̶1; 😉 [...that should increase the burn rate a litte 😉...7+...8+...9+ MORE 😜 ! 👍🙇

[hans christian andersen] 22/1/2019 19:24

Even LSE has versions of muppets.

Rodders74
Posts: 1,277
Opinion: No Opinion
Price: 1.175
RE: RNSToday 18:42 MCAP has dropped, I'm underwater. So yes Seadoc it's value is presently less than the original investment... dur!

seadoc
Posts: 789
Opinion: No Opinion
Price: 1.175
RE: RNSToday 18:21 Rodders, Forgive me but I thought you had more. Have you misplaced the decimal point or are my sums wonky? 0.2% of £65.7m is only £131400?

UKOGRE: RNSToday 17:24
The Solo buy out at How is not a placing in the open market to raise cash is it? It's a mere 17 million shares of very low value.. why give them cash when it's a small value? I own close to 0.2% myself. So compared to the IoW buyout of Solo, it's baby dilution.

[iammrweald] 22/1/2019 19:18

Oh yes. REAL Insties to get on board who will run a proper DD b4 getting involved.would Stevie with his "did I tell you all about BB?' style of communications encourage this little move? Another bit of cash from the mammoth flows to shell out.would someone like "I cherry pick all lse fools posts to put on here to make myself look intelligent gismo like to give us guidance on such a little hop skip and a jump to riches beyond your dreams. Stop it! Just stop it!
And what happened to that Hoyer contract gismo.y'know,them there tankers you spotted in February 2018! Flake No1 you are.

[kemche] 22/1/2019 18:17

Just to show the excellent calibre of the posters at the LSE, I give you this from "dahmed":

"Anselmo,

Good post. I fully agree concerning your comments in relation to getting UKOG off AIM for numerous reasons most of which are glaringly obvious to those genuinely invested here.

I can't think of too many tangible reasons stopping the transition off this heavily manipulated market and onto the FTSE 350. It will certainly attract the larger more reputable institutions and less onerous sources of funding if and when needed.
I do not wish to see another debacle such the agreement with YA Global back in late 2017.
Angus have recently entered into a funding agreement with them and I hope for genuine holders there that this does not prove to be as problematic to their share price as it was here."

[andy] 22/1/2019 18:03

Kemche,


LOL! :-)

[gismo] 22/1/2019 18:02

Jack why don't you go back to your other corrupt thread?

[iammrweald] 22/1/2019 17:42

My God,how we have misjudged hazelstit! He claims to have bought Angus at a 3 month low 7p and sold at only 2 peaks in that time at a high of 14p!
We are supposed to believe this idiot?

[hans christian andersen] 22/1/2019 17:41

Free carry was only for HH-1. "Magellan" will have to put in 35% for any costs for other wells.
UKOG share will be 47%.

[kemche] 22/1/2019 17:31

Gismo, agreed. I had written before about my admiration of the man. He certainly knows his onions of that there is no doubt.



kemche - 18 Jan 2019 - 13:20:48 - 119474 of 119825 UKOG strikes oil 2016 - UKOG
Rodders speaks the most sense. The following shows the sheer brilliance of the man and his intelligence:

"In summer 2018, we had an RNS confirming that cash in order of £12.5 million had been raised, and most of that has been unused from what I can see."

No one can argue with that.

As I've said before that's where the professional investors congregate.

[cyan] 22/1/2019 17:30

"6 more wells to drill at HH at a 47% cost to UKOG"

I thought UKOG held 71.9% interest in HHDL. Their beneficial interest is 46.735%

Are they not on the hook for 71.9% of the costs?

[gismo] 22/1/2019 17:21

Nice post from Rodders LSERE: RNS?12.5 million cash in the bank in August 2018, see the RNS from then. Plus cash from this EWT. 6 more wells to drill at HH at a 47% cost to UKOG. ?18 million drill costs at HH, total cost to UKOG less than ?9 million. Then revenue from HH plus remaining balance to be used at BB and Godley Bridge... wait till that revenue stream kicks in. 3500 bopd or 1750 to UKOG at $50 profit per barrel, $87,500 profit per day... stick that on your BS Placing pipe and smoke it.

[hans christian andersen] 22/1/2019 16:36

I took account for those.

[hans christian andersen] 22/1/2019 16:36

I wonder why when I wound up my toys they never kept going?

[cyan] 22/1/2019 16:35

"Pumping rate for October was averaged out at 220 bopd. What a coincidence."

I will take that as accurate but ask this; Wasn't October punctuated by 24 hour pressure build up periods and aren't UKOG now in steady, uninterrupted production mode?