Uk Oil & Gas Share Discussion Threads

[gismo] 22/1/2019 20:54

Viva UKOG!!

[jane1984] 22/1/2019 20:45

Now we have a picture to give to the police.

Sista Linda is that awful woman that's been polluting advfn for a few years now.

Why the old fogeys, 75+, like forwood, sista Linda and MickeyGit gamble their pensions on shares?

[hans christian andersen] 22/1/2019 20:41

Not enough oil in the Weald to pay me!

[elcapital2018] 22/1/2019 20:41

Yes, I want a medal. Can it be a gold one please inscribed "I TOLD YOU SO"

[atino] 22/1/2019 20:40

[Quote] “UK oil and gas sector growing in confidence after ‘challenging’ years” 🙇

Confidence in the outlook for the UK oil and gas sector has increased almost fourfold in two years, an industry survey found.

About two-thirds (68%) of companies plan to increase or maintain capital expenditure in 2019 😉👍 – more than double 2017’s figure of 33% – according to an outlook report by DNV GL.

The risk assessment firm, a technical adviser to the industry, said the proportion who expect to raise or sustain operating expenditure has grown from 37% in 2017 to 72% for 2019 😜🙇

A third of companies anticipate stricter cost efficiency to take hold this year, compared with 53% in 2018.

About two-fifths (41%) said they experienced price inflation from suppliers in 2018 while 44% expect suppliers to drive price inflation in 2019.

Skills shortages and/or an ageing workforce was the most cited barrier to growth.

Overall, 71% of UK firms were confident about the outlook for 2019, compared with 18% in 2017.

Oslo-based DNV GL surveyed 791 senior industry professionals from October to November last year.

Hari Vamadevan, oil and gas regional manager for the UK and west Africa, said: “The significant boost in expectations for spending 😤 are welcome signs of an industry that is, for the most part, prepared to close the chapter on a string of challenging years.

“However, this also brings new challenges for the sector in 2019, the hard-earned cost efficiencies developed over the downturn could be put to the test as we see early signs of cost inflation returning to the industry.”

Almost half (48%) of those surveyed expect to grow their workforce in 2019, compared with just 10% four years ago.

[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.