Uk Oil & Gas Share Discussion Threads

[kemche] 22/12/2020 11:15

"planning consent for long-term oil production at the Company's 85.635% owned Horse Hill oil field."

All they need to do now is produce the oil then whoosh!

VIVA!!!

[trollkiller555] 22/12/2020 10:27

gizmo, wtd and his Italian waiter all down 99.9% down after buying at 8p

[hans christian andersen] 22/12/2020 10:20

I do love it when SS goes into sell mode.

"Basur-1 flowed 500 bbl to surface over a 6-hour period from naturally fractured and dolomitised Cretaceous age Mardin limestones, an extrapolated rate equivalent to 2,000 bbl of oil per day. "
"a far quicker route to production and cash flow"

And yet this 2000 bopd exploration well was never put into production.

Ever wonder why?



"Basur-Resan is a geological lookalike to AME's proven producing E. Sadak field"
So after drilling over 12 well bores why is the total flow rate for the field only about 400 bopd?
Why have the results of Resan-1 never been released.

"Resan (i.e. missed oil pay)."
Wasn't HH a "missed oil pay"?



"Similarly, wells drilled in the 1950s at Resan originally targeted the overlying shallower Garzan but found good oil shows within the Mardin, although short tests were inconclusive. As the Mardin's natural fracture potential was largely unrecognised at the time, it is AME's and the Company's view that the Resan wells were not adequately tested."

Where have we heard BS like this before?

[hans christian andersen] 22/12/2020 10:16

Does make you wonder who the mugs are?

22-Dec-20 08:46:18 0.14 2,250 Buy* 0.13 0.14 3.15
22-Dec-20 08:46:18 0.14 700 Buy* 0.13 0.14 0.98
22-Dec-20 08:46:18 0.14 1,000 Buy* 0.13 0.14 1.40
22-Dec-20 08:46:18 0.14 1,000 Buy* 0.13 0.14 1.40
22-Dec-20 08:46:18 0.14 700 Buy* 0.13 0.14 0.98
22-Dec-20 08:46:18 0.14 3,000 Buy* 0.13 0.14 4.20
22-Dec-20 08:46:18 0.14 6,700 Buy* 0.13 0.14 9.38
22-Dec-20 08:46:18 0.14 2,000 Buy* 0.13 0.14 2.80
22-Dec-20 08:44:22 0.14 3,000 Buy* 0.135 0.14 4.20
22-Dec-20 08:44:22 0.14 1,000 Buy* 0.135 0.14 1.40
22-Dec-20 08:44:22 0.14 2,800 Buy* 0.135 0.14 3.92
22-Dec-20 08:44:22 0.14 10,000 Buy* 0.135 0.14 14.00
22-Dec-20 08:44:22 0.14 20,000 Buy* 0.135 0.14 28.00
22-Dec-20 08:44:22 0.14 30,000 Buy* 0.135 0.14 42.00
22-Dec-20 08:44:22 0.14 700 Buy* 0.135 0.14 0.98
22-Dec-20 08:44:22 0.14 1,400 Buy* 0.135 0.14 1.96
22-Dec-20 08:44:22 0.14 7,142 Buy* 0.135 0.14 10.00

[trollkiller555] 22/12/2020 08:33

.....but you and your Italian boyfriend waiter bought at 8p!


whattheduce22 Dec '20 - 08:15 - 144534 of 144535
0 2 0
And that will therefore stop all legal challanges now.

Huh! About as likley as the WHO admitting the face mask is a main method of spreading COVID19, even more so with the super variant.

Note especially the locally produced angle. This is what will create a basis for the eventually rise when a bidding war starts. At some point the resource will be made scarce, there is a large supply in the SE and UKOG has the largest and best knowledge for extended extraction. Yes there will need to be a significant change in planning law, but when oil supplies suddenly look scarce then expect rapid development in that area. I remain a lth and I am still very confident I will see a good profit some time in the future and will have called this right to sit on the share.

[gizmogizmo] 22/12/2020 08:31

Over 100 million in first half hour.
Looking promising.

[gizmogizmo] 22/12/2020 08:29

And a sunny Good morning.
Heading towards 0.17 people 👍.
Looks like my buys yesterday's
Was AGAIN a good move.🤑.

Keep safe people.

[whattheduce] 22/12/2020 08:15

And that will therefore stop all legal challanges now.

Huh! About as likley as the WHO admitting the face mask is a main method of spreading COVID19, even more so with the super variant.

Note especially the locally produced angle. This is what will create a basis for the eventually rise when a bidding war starts. At some point the resource will be made scarce, there is a large supply in the SE and UKOG has the largest and best knowledge for extended extraction. Yes there will need to be a significant change in planning law, but when oil supplies suddenly look scarce then expect rapid development in that area. I remain a lth and I am still very confident I will see a good profit some time in the future and will have called this right to sit on the share.

[bionicdog] 22/12/2020 08:12

Is it?
She was never going to win as per my post below. It just means that SS is free to carry on wasting money on non-commercial oil.

bionicdog18 Nov '20 - 16:34 - 143906 of 144532

If she wins , I'll eat JC's smelly hat.

[cobra kai] 22/12/2020 07:57

Good morning all

I am thinking of getting out of my DOJO in attack mode.

Do or Die
Cobra Kai

Strike First
Strike Hard
No Mercy

[25wbh] 22/12/2020 07:46

Good morning all , Gismo,Rayrac,Hans,, Iam ,and all usual friends
good news this morning

[terminator101] 22/12/2020 07:41

No one can fail to see the irony that the 300 bopd produced by UKOG is so small an insignificant that it will make almost zero difference to the UKs carbon footprint.

[tmmalik] 22/12/2020 07:38

17k in loss ,no chance to recover from here .Let see if it ever come back to 10p.

[onetomany] 22/12/2020 07:18

Thanks John. I could ever work out how to access the RNS. People like you are a real help to others.

[football] 21/12/2020 23:59

UK cut-off from most of the world due to covid but I don't suppose they can cut IP's off

[kemche] 21/12/2020 20:59

After much averaging down, some canny trades, my average is now 0.00009p so am in healthy profits already. But it is only a loss if sold.

Obviously I sold the trading shares but they were for a profit. But the others are also sitting on vast profits too.

etc.

(Those that do not possess a MSc. may struggle with the maths of achieving such a feat but then that is what a MSc. confers upon you)

[trollkiller555] 21/12/2020 20:29

and the italian waiter boyfriend.....

[henchard] 21/12/2020 20:08

WTD,

"I have never bought this share at 8p, Well below that. Further, I have done some trading winning back some chunks and averaged down to a level where even a minor rumour would see me past break even with profit many multiples I could have expected as a return in any savings."

Well done, feller. I think, after the passage of more than 3 years, you can be forgiven a slight failure of memory re. buying at 8p*, but great you've been able to average down so that a minor rumour would see you past breakeven from the current 0.125p. Especially after having gone max risk and all in at 8p. I know you've been putting in the long hours and hard miles on the consultancy work, with only the occasional holiday in Vegas, so hats off to you for your effort.

*
whattheduce - 08 Sep 2017 - 09:22:53 - 32256 of 144518 UKOG strikes oil 2016 - UKOG
I go max risk I have to say, all in for some smash and grabs - which is what I see this as. I came in here early August after proven HH news and strong BB indicators sent the share price soaring from 3 to 8p. Gives me all indications that a 25 to 100% gain is highly probable before or at the end of the 12 weeks testing, before Christmas. Even if it was only 9p by Christmas I would still be up some 14% which is perfectly reasonable for a 6 month return. But I am expecting a whole lot more by December.