Uk Oil & Gas Share Discussion Threads

[kemche] 10/9/2019 15:25

10p minimum. Then 50p. Followed by £1. In quick order.

[whattheduce] 10/9/2019 15:18

I think a spike over 7p is very doable in a short space of time (within months). Laugh at me for saying that. But I think it is ON THE CARDS!!!

[whattheduce] 10/9/2019 15:13

hxxps://www.nibusinessinfo.co.uk/content/eligibility-requirements-when-joining-london-stock-exchange-main-market

All the conditions are met, the news over the next few days/weeks maybe SS's trigger to jump ship form AIM to FTSE. You really don't want to be out of that one!


Main Market listing requirements

Your advisers will be able to explain UKLA's listing requirements to you. These are the requirements that you must meet in order to be eligible for listing on the Main Market. There are other exceptions that may apply to your business that your adviser will also discuss with you.

Some of the main requirements that you must comply with are:

Incorporation - your business must be incorporated or established within any specific laws for the area of work it undertakes.
Accounts - you must have audited accounts, published or filed, for a three-year period. The end of this period must be no more than six months before the planned flotation.
Track record - you must be able to show trading records for a specific amount of time and be able to show that you have working capital for this period.
Market capitalisation - you must meet the minimum market capitalisation of £700,000 for equity and £200,000 for debt.
Shares in public hands - 25 per cent of your shares must be held by the public.

Reporting requirements and continuing obligations

In addition to meeting the necessary application and eligibility criteria, companies listed on the London Stock Exchange Main Market must also meet the UKLA's continuing obligations. You must comply with the following key obligations:

Disclosure of inside information - a company is required to publish 'inside information' that directly concerns it as soon as possible, through a Regulatory Information Service. 'Inside information' is information that, if made public, would be likely to have a significant effect on the price of the shares or related financial instruments.
Financial reporting - a company must publish annual and semi-annual financial reports, including consolidated financial information for the relevant period, together with an accompanying review of the company's business for that period.
Major shareholder interests - any shareholder who acquires three per cent or more of the company's voting share capital must disclose this information - to the company and the market.
Transactions - Premium Listed companies must obtain shareholder approval before undertaking an acquisition or disposal. This is necessary for all substantial transactions and smaller transactions may have to be notified to the market.
Director dealings in shares - all directors who deal in a company's shares must disclose this information to the business and notify the market.

[hazelst] 10/9/2019 14:50

lammy has gone quiet, I wonder why?

[hazelst] 10/9/2019 14:40

It makes me chuckle how the desperate deramping trolls try to give financial advice whilst being absolutely clueless themselves. lol

[hans christian andersen] 10/9/2019 14:16

Looks like the four stock tanks and one new green long tank have been put on the north boundary. Stock tanks in different configuration. Two original storage tanks are still on back boundary. Pump is back on. Crane and waste tanker on site. No flare or pump movement. This is not the nine o'clock news.


edit Also looks like supports for working platform are being delivered.

[whattheduce] 10/9/2019 13:00

meanwhile, what does mr 5% know about Angus that the rest of us don't know? Thrown a grand at it and hope for the best?

[whattheduce] 10/9/2019 12:55

Day trading but an awfully extended hump, need a much higher frequency against the spread to make some money. Profit takers looking to surf the next wave will need to see a drop near the red before coming back in with any real volume at this rate. Don't be that surprised if she goes red at the close. Remember, nothing of substance is going to happen until the planning porn broadcast tomorrow. That will be of substance and may result in shares being left in for next news (rig, cpr, Alba, 2nd coming of Christ etc) where a new base level will be set. Asset value rerate will only be underpinned with the cpr.

[gizmogizmo] 10/9/2019 12:43

Jack your obviously not only a blind tw@t BUT a stupid one aswell.
AGAIN I REPEAT...I did not sell I changed my mind and held onto my 30% untill I again decide to do so.
Now reread my post this morning ??? IT'S SELF EXPLANATORY (to someone with at least one brain cell SURLY.
TTFN 😘

[hans christian andersen] 10/9/2019 11:18

The winds of change on lse. Never have I ever seen so many say a good word about DoD. One positive article and links to it are flying everywhere. I would add a word of caution. Some of it is out of date. Ruth hasn't been updating her database again.

[bellesimo] 10/9/2019 11:13

Stop it liar 🤥....in aim you don’t change your mind you stick in your strategy...I sold 4K at 1.3p just in case goes down...I decided I’m selling on the up,just to not read your 💩 anymore

[gizmogizmo] 10/9/2019 10:59

This will start heading towards 2p by end of play today in anticipation of the good news from the Wednesday meeting appearing in a RNS.
STILL time to REALLY purchase some REAL shares in ukog,my little troglodits. LOL.

[hans christian andersen] 10/9/2019 10:56

No surprise there. Even my grandchildren worked out it was impossible to do what you said you were going to do. The math didn't even get close to it.

[gizmogizmo] 10/9/2019 10:52

DEAR CONCERNED TROLLS. PLEASE Refer to my earlier posts and the answer to your post is in black and white???.
I Did not sell left it in???.
Says it all in my previous posts this morning???.
Cancelled my sell as stated in my previous posts this morning???.
Decided not to sell as stated in my posts this morning???.
My 30% sell didn't happen as I changed my mind,as stated in my previous posts this morning????.
CANNOT SEE HOW I CAN MAKE IT ANY CLEARER??? than what I stated in my earlier posts this morning ???.
You really are ALL as thick as 💩t you silly troll morons.🤑8526;👍Ԍ97;.

[tarby1] 10/9/2019 10:50

Here they come....the newbies... posting stuff they think we've never heard!!!

[pointscorer] 10/9/2019 10:40

Proposals to drill four more production wells at the Horse Hill oil site, near Gatwick Airport, have been supported by Surrey County Council planners.
The scheme is recommended for approval with 31 conditions when it comes before the council’s planning committee on Wednesday (11 September 2019).
The Horse Hill site, nicknamed the ‘Gatwick Gusher’, is in the green belt, 2km away from the Surrey Hills Area of Outstanding Natural Beauty and 300m from ancient woodland.
The main investor in the scheme, UK Oil & Gas (UKOG), has already drilled and tested one well and has planning permission for two more. The latest application said, if approved, the new plans would bring the number of oil production wells at the site to six.
The application also seeks to allow oil production for 20 years, drill a water re-injection well and add an oil processing and storage area and tanker loading facility. Full DrillOrDrop review of the application
In a 91-page report to this week’s committee, council planners said the key issues in favour of the application were:
Government support for UK onshore oil and gas in energy policy
Temporary mineral development in the green belt was not necessarily inappropriate
Intended restoration of the site to agriculture and woodland
No hydraulic fracturing proposed
Comments on the application
The report concluded:
“Taking into account the need for the development in the context of national policy and other relevant policy tests, officers recommend that the application be permitted subject to appropriate conditions to protect the environment and amenity.”

[buffskins] 10/9/2019 10:33

Taken from LSE:



According to this article tomorrow's planning meeting is just a formality. No wonder share price is moving up fast. Get in before it takes off.

[iammrweald] 10/9/2019 10:14

Has craYoN bOy's sell gone through yet. I thought his 30% of millions would have crashed the sp!!!
Again Hazelst fool.re what is posted not what you want it to say.thats how you buy at 8,9p,hold for 34 years for a breakeven.
Aye,my short is from .86p...and rising!

[amr2017] 10/9/2019 09:35

Morning 25wbh, agreed a font of knowledge!

[25wbh] 10/9/2019 09:30

Morning amr ,Hans is very precise and usually correct
More dividends from KGP !

[amr2017] 10/9/2019 09:26

Have

I stand corrected

[hans christian andersen] 10/9/2019 09:21

amr
The Planning application is for production, site facilities and drilling 5 new wells. They do not have OGA or EA approval for any of these activities.
Of that 6%, 4% is a given anyway (business rates). Only 2% will go to the community.

edit
PD Don't forget gas to wire has a new whole set of regulations to go through.

[amr2017] 10/9/2019 09:12

SCC will no they would face legal action from Ukog if they deny permission something they cannot afford given ukog have regulatory consents required.

They can afford to receive 6% of revenues from ukog though which should concentrate a few minds!imho