Uk Oil & Gas Share Discussion Threads

[datait2] 16/5/2019 10:22

wtd you pay VAT for the sun??

[bionicdog] 16/5/2019 10:15

What does he do , apart from take a salary?

[markfrankie] 16/5/2019 09:50

Hi guys, all's WeLL thanks.
I Think a lot of people have lost sight of Ukogs potential
That's commonplace During quiet periods for all companies, sometimes a good time to buy?
I keep saying it; but Ss is getting on with what he does,
The Ukog ball is still rolling.

[whattheduce] 16/5/2019 09:13

Ohhhh lovely Telford, palms. Vat and hot sun. wonderful

[elcapital2018] 16/5/2019 08:59

Lower than a penny today?

[gismo] 16/5/2019 08:56

Morning markfrankie, I trust you are well?

[gizmogizmo] 16/5/2019 08:52

Hahahahahahahahaha another mind experiment to draw the Luvlyboy trolls was AGAIN a successful outcome.
Watch out luvlyboys there are plenty more on the way LOL.
Total pack of biting dogs....SO EASY.

[datait2] 16/5/2019 08:50

stevie sanderson, "if only i had invested in UKOG, i wouldnt be called a conman so often, sigh"

[datait2] 16/5/2019 08:48

Buffett, "if only i had invested in UKOG, i would be the worlds third richest man , instead of the fourth, sigh"

[iammrweald] 16/5/2019 08:44

And their they're there it is again,that stupid statement...
" only invest what you can afford to lose"
Is that the opening page of Bertie Buffett's book "How to spot a great jnr Aim oiled" .....groan

[markycrispy] 16/5/2019 08:43

Spot on Mark

[iammrweald] 16/5/2019 08:41

As stated for months.....
CPR......
CHART... everything else is just noise.

[markfrankie] 16/5/2019 08:39

Using Seadog approach, and bopd, that is one completely flawed calculation. Do you mean to say that 2,637 bopd with crude selling at $70+ and profit per barrel of $50+ would only be worth 1p on the SP? Really. You do realise that is $67,375,350 in revenue each year. Current MCAP at 1.1p is £66.52 million... I do think you are completely off the mark. Besides that, UKOG have laid out plans that show production that will significantly exceed this. Strong chance that not all their sites and plans come off, the odd duster is expected. I'd be expecting 10,000 bopd from 5 to 6 sites within the next 10 years. That will provide revenue upwards of $270 million per annum. Not bad and certainly a lot more than your poorly conceived math.

Others like JK, also make some disastrous rookie claims. 1,000 wells as each only gets 1million barrels each. I think you miss the point sunshine. Even 10 wells at 1million provides 10 million barrels, at $70 a barrel is $700,000,000 revenue. I put that figure of $700 million in long format for you to realise just how daft your deramp of needing 1,000 wells sounds. Clearly you have an agenda that is anti-UKOG and anti-oil.. Deramping here, from looking at your posts I could only conclude that you are short or have another campaign.

As for others, you should really research the importance of CPR figures. All new (and existing) investors should look at CPR's. Its great having a plan and a strategy like UKOG, and its great buying large amounts of acreage, but it is the CPR that will drive the business. The II's will not touch this with a barge pole until the CPR for both Portland and Kimerridge have landed. Then as the wells come on-line and the results show proof of the recoverability, then and only then will those big II's plough in.

Investment choice: early doors for a large multi-bag if the CPR and plans are executed, or later on with lower risk and lower returns. Only invest what you can afford to lose. Simple.

[markfrankie] 16/5/2019 08:35

Borrowed from someone else;
jason-ww
Posts: 20
Opinion: No Opinion
Price: 1.075
Investment choice.Today 07:56My dear god. I have never heard such idiotic efforts at valuation of a small time oiler. Delusion central.

Using Seadog approach, and bopd, that is one completely flawed calculation. Do you mean to say that 2,637 bopd with crude selling at $70+ and profit per barrel of $50+ would only be worth 1p on the SP? Really. You do realise that is $67,375,350 in revenue each year. Current MCAP at 1.1p is £66.52 million... I do think you are completely off the mark. Besides that, UKOG have laid out plans that show production that will significantly exceed this. Strong chance that not all their sites and plans come off, the odd duster is expected. I'd be expecting 10,000 bopd from 5 to 6 sites within the next 10 years. That will provide revenue upwards of $270 million per annum. Not bad and certainly a lot more than your poorly conceived math.

Others like JK, also make some disastrous rookie claims. 1,000 wells as each only gets 1million barrels each. I think you miss the point sunshine. Even 10 wells at 1million provides 10 million barrels, at $70 a barrel is $700,000,000 revenue. I put that figure of $700 million in long format for you to realise just how daft your deramp of needing 1,000 wells sounds. Clearly you have an agenda that is anti-UKOG and anti-oil.. Deramping here, from looking at your posts I could only conclude that you are short or have another campaign.

As for others, you should really research the importance of CPR figures. All new (and existing) investors should look at CPR's. Its great having a plan and a strategy like UKOG, and its great buying large amounts of acreage, but it is the CPR that will drive the business. The II's will not touch this with a barge pole until the CPR for both Portland and Kimerridge have landed. Then as the wells come on-line and the results show proof of the recoverability, then and only then will those big II's plough in.

Investment choice: early doors for a large multi-bag if the CPR and plans are executed, or later on with lower risk and lower returns. Only invest what you can afford to lose. Simple.

P.S. I note that the LSE have deleted Sedog's post, quite right, that is terrible form by Seadog and he should be mindful of posting such misleading rubbishMyro117

[markfrankie] 16/5/2019 08:35

Morning all

[iammrweald] 16/5/2019 08:33

Or the other locals could use it to park their they're there bicycles in?
Where's the daily sermon from Mr Creosote?

Oh,sorry,weather here again! 24° atm with a good weekend (starting tomorrow) hotting up.....unlike ukog share holders bank accounts!

[datait2] 16/5/2019 08:30

maybe he has to go back to the far east to apologise to his ladyboy friend, he may have got him pregnant.

[iammrweald] 16/5/2019 08:30

Hey,craYoN bOy,if you do fly out to mummy,may I suggest booking a flight with Tommy Cook? Going VERY cheap atm! he he

[elcapital2018] 16/5/2019 08:27

....and how did this filter list work out for you dopey nuts? The ones you say arent filtered are all down 80% plus like you!! Maybe its time to reconsider your filtering practises ! lol


markycrispy16 May '19 - 06:54 - 128266 of 128273
0 1 0
Sir Pringle you are not filtered but pages of others who are

[iammrweald] 16/5/2019 08:26

LMAO at the village idiot!
Got all too to 2 muCh 4 you has it boy.
Hard coming down off intravenous fed jelly and Matron's finest! That said,a drip does go well with you!
Go chill out with your mum,get a Google tan in Truro! Farewell,dont come back.

[datait2] 16/5/2019 08:24

do you have community service to do???

ps it is myself not my self.

if you go, who can we laugh at,

oh yes, gismo, will take over your role !!