Uk Oil & Gas Share Discussion Threads

[datait] 23/2/2016 15:32

There goes Simon mr doom and gloom lol

[datait] 23/2/2016 15:26

Brilliant 10p in no time at all.

[forwood] 23/2/2016 15:11

So, next hurdle is 3.10. Through that and we've left the races and are off to the superbowl!

[simon8] 23/2/2016 15:09

The RNS when it comes better be as good as the rise today is indicating the market is expecting.... if not we will see quite a retracement...all crossed!

[gismo] 23/2/2016 15:09

Phew, I've got absolutely nothing done today, just can't move from the screen. Had a little top up earlier! gla

[moneymunch] 23/2/2016 15:03

4p next stop....gla lucky ones, Onwards and UP!!! :-)

[moneymunch] 23/2/2016 14:50

The Upper Limestone runs through the same oil saturated Kimmeridge interval as the lower Rayrac, and so I'm expecting equally impressive flow data....the Portland Sandstone discovery is a much smaller reservoir, although HH is expected to be the sweet spot for the surrounding area. Gl :-)

[rayrac] 23/2/2016 14:45

I wouldn't put to much faith in the amount of oil in the upper plays. The other sites around the Weald have fairly pathetic production from the (almost) identical zones!

[ibug] 23/2/2016 14:45

MPET ANNOUNCEMENT :

Company Update (NASDAQ:MPET): Magellan Petroleum Corporation Announces Preliminary Results of Horse Hill Flow Test

Corey Williams — February 23, 2016, 8:14 AM EDT



J. Thomas Wilson, President and CEO of the Company, commented,

“Even though the results of this flow test are not definitive and are just the beginning of measures to establish the commercial viability of this discovery, they are very encouraging as to the potential future production rate of the well.

The Lower Kimmeridge limestone formation represents a new reservoir objective and this is the first time oil has been tested from this interval.

The ability to receive free flowing oil from the Lower Kimmeridge formation provides significant additional evidence that oil is mature in the Kimmeridge formation onshore UK, which is a critical aspect of our interpretation of the Weald Basin and provides further support to the potential of the Weald Basin as a potentially significant prospect.

The Kimmeridge formation is already known to be a major source rock of the North Sea. The next steps of the flow test consist of testing the Upper Kimmeridge and Portland formations.” (Original Source)

[moneymunch] 23/2/2016 14:41

3p coming for starters and another significant rise on positive flow data from the Upper Limestone....gla lucky ones. ...exciting times. :-))))

[wisteria2] 23/2/2016 14:37

Whats peeps expectations here... I am a holder but only a few! thinking in a couple of years time when we are out of EU !

[genises] 23/2/2016 14:36

Barclays increasing price

[genises] 23/2/2016 14:32

Someone wants our shares 2.86 to sell 2.87 to buy.
Small,spread all day

[moneymunch] 23/2/2016 14:22

I'm not in EVO, but I'm sure it will bounce back into profit soon enough, and I suspect the market is more than happy to facilitate funding where appropriate. Gla :-)

[ibug] 23/2/2016 14:05

The share price is looking very good guys:


UK Oil & Gas Investments plc

UKOG) Ordinary Shares 0.01p

Sell:2.80p Buy:2.90p 0.49p (20.63%)

[cashmachine2] 23/2/2016 14:02

Well it just goes to show when 5bag was saying what a great opportunity EVO was to buy the share price rallied to 30% only for them to issue 500m shares at 0.07!! Massive dilution and huge discount.Feel sorry for anyone that sold UKOG and purchased EVOJust goes to show how ruthless AIM is and how companies grabbing survival cash at a massive discount. Hope others aren't going to follow suit??

[wisteria2] 23/2/2016 13:58

That will be 12bn then!!

[5baggersrus] 23/2/2016 13:50

Nope not a sniff of the stuff .... just a pool of grease from the great unwashed

[wisteria2] 23/2/2016 13:49

Well this has boiled up well!!! have they struck oil!!

[ibug] 23/2/2016 13:30

I get the impression from the trading activities that a rather large buy order has been in the process of being filled imo. That would fit in with investors with deep pockets getting on board.

[forwood] 23/2/2016 13:17

genises, it's, er, Horse Hill near Gatwick. Just follow the steady stream of tankers, pigs and protestors. Can't miss 'em!

[m0rrisminor] 23/2/2016 13:12

Looks like bid to buy us all out is coming soon ,will know before the weekend it must be awful if you are short on Alba solo and Ukog.

[p@] 23/2/2016 13:12

There'll be a petrol pump there by then!

[genises] 23/2/2016 13:09

Give me the address and I will pop down their in the morning

[casino444] 23/2/2016 13:09

Make it 3 tankers now , something's going on