Uk Oil & Gas Share Discussion Threads

[datait] 09/3/2016 12:00

Had to get another top up another 98,384 far to cheap market makers are having a laugh but not to worry im well up on these unlike 12bn with his xtr and kibo lol.

[cashmachine2] 09/3/2016 11:56

Very odd action today.MM marked it up by 10% as saw it as positive news as were the other companies linked with Horsehill.UKOG currently down 10% and yet RGM is trading up 10% on the same news.From my point of view the stop loss raid was orchestrated to pick up a lot of shares with the drop falling to 2.22. It has the feel of a stock where accumulation is taking place behind the scenes and when that's concluded UKOG will start the next leg up. Unfortunately it's often to detriment of MR and Mrs PI as the big boys shaft the hand that constantly feeds them.So either UKOG is wrong or RGM is wrong but from my take the correction north from here will be fast and unexpected.

[datait] 09/3/2016 10:58

what a pratt lol no brain that guy

[wisteria2] 09/3/2016 10:37

LOL


12bn
14 Jan'16 - 15:32 - 110 of 167 0 0


No commercial oil imo,sub-1p soon.

[datait] 09/3/2016 10:37

Dont forget this free flowing and has not even been stimulated that will produce alot more, we will have more news before the week has ended.

[datait] 09/3/2016 10:35

well said moneymunch my thoughts expactly

[datait] 09/3/2016 10:35

40 dollars break even

[datait] 09/3/2016 10:34

pmsl thats what happened to you 12bn the clever invester bailed leaving you well under water hahahahaha

[c31161] 09/3/2016 10:34

#UKOG Horse Hill-1 makes UK onshore record 1,528 bopd aggregate stable rate from 2 Kimmeridge ... - bit.ly/1RQZvTi - - $UKOG

[moneymunch] 09/3/2016 10:34

Of course Ukog could be worth £billion plus on the billion barrel potential. ...SS has stated that $40 is break even at HH, but this cost is likely to fall as more oil flows from the multi-pad wells sites expected to be established across the Weald....amazing prospects and potential for massive upside....gla longs. ;-)

[robbie1424] 09/3/2016 10:23

These results have staggered management and they will be in a tizz.
These are from vertical wells only and what was considered tight oil plays.
Im not surprised Leni has been sent to America.

Think he will be going to Companies involved with the Bakken/Woodford areas as these have characteristically the same sub surfaces as the weald.

Theres going to be a lot of Horizontal drilling taking place.

[12bn] 09/3/2016 10:18

The trouble with 'hot money' shares like UKOG is that the clever investors bail out with their profits leaving other PIs to take the fall in the share price and lose money. I wouldn't be surprised if the clever money has already left here and only small PIs are still buying as they cannot work out that the party is over. The volumes are likely to drop off now and the share price will inevitably drift lower,imo. There will be a lot of small PIs with T20s open who are waiting to bail out. They are always last to work out when the party is over.

[supercity] 09/3/2016 10:17

How can you say UKOG could be worth £1billion plus - that's as damaging to the Bulls as deramping is to the bears just throwing figures around This report although a few months old says after a survey of 65,000 oil and gas fields the average cost to produce oil in the UK is $52.50 and that's break even so for every $5 above that UKOG would have a $1 shareSo a much higher oil price (much higher) and a finalized producing field (a long time away) could make this valuation seem low but in the near term there is a lot of speculation and assumption to warrant its current valuation ...and that's a neutral viewhttp://money.cnn.com/2015/11/24/news/oil-prices-production-costs/

[cupra kid] 09/3/2016 10:15

For the chartist's out there, could we be forming a nice cup and handle formation?

[moneymunch] 09/3/2016 09:50

Lol...Ukog could be worth a £billion plus given the billion barrel recoverable potential of the Kimmeridge. Gla longs ;-)

[moneymunch] 09/3/2016 09:47

Brent back to $40 plus...gla :-)

[12bn] 09/3/2016 09:46

This looks like another pumped up share that will get dumped and cost PIs who hold onto it too long a lot of money. Time will tell,be careful with this one as it doesn't look like a commercial investment. Look at the market cap as well and ask yourself 'do I think this company is worth £40m?'.....never mind the present £52m!

[datait] 09/3/2016 09:46

Buys coming thick and fast folks. 2.6 will soon go

[datait] 09/3/2016 09:44

THIS WILL TURN BLUE FOLKS.

IN DATAIT WE TRUST

[datait] 09/3/2016 09:43

Now that the stop losses have been taken out the buyers will come in and the market makers will take this up making a good profit.

[datait] 09/3/2016 09:42

should move on up into the afternoon on further news.

[datait] 09/3/2016 09:35

Thats why you never listen to 12bn he has lost a fortune. Falls in love with a share and wont let go.............. lmao