Uk Oil & Gas Share Discussion Threads

[jtidsbadly] 20/4/2021 00:06

I don’t like to correct myself but that wasn't quite right, was it? I am he and he, I. That’s more like it.

[bygdennis] 19/4/2021 23:49

so that's one fake! Do you sleep in a four poster too kemche?? Who else??

[kemche] 19/4/2021 23:44

Denise, I did! Because I am him and him I (and yes, that is how you say that!).

In fact Denise - I am most posters!

[bygdennis] 19/4/2021 23:40

Hey Termite!! You are a fool!! No one listens to your silly posts and stop giving yourself thumbs up with your other usernames!! It's s shameful thing to do!!
To prove it!! Those who gave termite thumbs up?? Post and let us know why!!!

[jtidsbadly] 19/4/2021 18:01

What have I been missing? New World Oil and Gas! Did Mrs. Williams have to bid for it? And what was its connection to the Ablyazov Syndicate? I can’t believe I haven’t seen this before! Very obliging of the company to want to issue 300% more shares to relieve an English housewife of an inadvertent controlling shareholding. Is she on the register here?

[terminator101] 19/4/2021 17:43

Important to note that in the case of new world oil and gas, the regulators were perfectly happy with the forward selling, it was the failure of the broker to manage their risk that they criticised. Provided they don't forward sell more than about 50% of the shares in issue, its nailed on that the placees will vote in favour of any emergency GM resolution.

[iammrweald] 19/4/2021 17:40

Pontificate all night,todays close tells me the market doesn't agree.
12monkeyboy,didn't you say not long ago ...."is this going bust?" Did your 5* contacts feed you duff news? Idiot.

[kidknocked] 19/4/2021 17:29

Chris Oil ! What a legend he is. Ok, I stand corrected. Thanks.

[terminator101] 19/4/2021 17:25

Not true. Have a look at what happened to New world oil and gas. https://en.wikipedia.org/wiki/New_World_Oil_and_Gas

[cyan] 19/4/2021 17:17

If anyone wants to view some of the history of the PEDL 234 gas prospects please read pages 99-101

extracts;

"The Godley Bridge gas field was discovered in 1982 by Conoco with the well Godley Bridge-1, which tested gas and a small amount of condensate from Upper Jurassic Portland Sandstones. The trap of the Godley Bridge structure is a broad east-west trending anticline of Tertiary age. There have been two further wells on the structure neither of which encountered hydrocarbon bearing reservoir."

"significant uncertainty in the assessment of in place volumes"



All raises the 'stupid question' ; why was there no development?

[jtidsbadly] 19/4/2021 17:06

Tell Sid: If Loxley is the UK’s second-largest onshore gas field, what’s the largest? Not Angus Energy’s famous Poundland, is it?

[johncasey] 19/4/2021 17:03

victoria oil and gas the one to be in...just been paid £5m by eneo..this will be one of the biggest multi baggers of all time... just .15p in old money or 6p after consolidation

[kidknocked] 19/4/2021 17:02

If its been forward sold 900m is the max they can do.

[kidknocked] 19/4/2021 17:01

Not if its been forward sold.

[terminator101] 19/4/2021 17:00

They can always make the placing conditional on a vote so they can go for a massive placing

[bionicdog] 19/4/2021 16:38

That's always wise with this one. I think that there will be quite a wait in any case.

[kidknocked] 19/4/2021 16:30

Im not so sure about Turkey but the price should rise on speculation. Ill exit before the drill results.

[henchard] 19/4/2021 16:27

UKOG placings over the last 2 years:

Mar 2019: 1.05p
Dec 2019: 0.85p
Jun 2020: 0.20p
Oct 2020: 0.16p
2021 ... ?

Some trend!

[onetomany] 19/4/2021 16:23

£2m I believe but let's see. All looking good ahead imo. Turkey won't disappoint, HH profitable and Loxley about turn not far off. I think you'll see huge momentum through May.

[kidknocked] 19/4/2021 16:16

And as they only have pre AGM authority of 900m shares a lot of volume was unrelated to this in my opinion.

[kidknocked] 19/4/2021 16:15

Correct. But been and passed now so I dont think that will have much of an impact on the current price.

[onetomany] 19/4/2021 16:13

Yes that's what the volume was in the last week or two.

[kidknocked] 19/4/2021 16:11

And......This will already have been forward sold and factored into the price.

[onetomany] 19/4/2021 16:07

Remember placing is 0.25