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UKOG Uk Oil & Gas Plc

0.028
0.002 (7.69%)
Last Updated: 15:13:42
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Uk Oil & Gas Plc LSE:UKOG London Ordinary Share GB00BS3D4G58 ORD GBP0.000001
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.002 7.69% 0.028 0.026 0.03 0.0285 0.026 0.03 51,740,142 15:13:42
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Finance Services 1.78M -4.87M -0.0015 -0.20 976.2k
Uk Oil & Gas Plc is listed in the Finance Services sector of the London Stock Exchange with ticker UKOG. The last closing price for Uk Oil & Gas was 0.03p. Over the last year, Uk Oil & Gas shares have traded in a share price range of 0.026p to 8.15p.

Uk Oil & Gas currently has 3,253,992,610 shares in issue. The market capitalisation of Uk Oil & Gas is £976,198 . Uk Oil & Gas has a price to earnings ratio (PE ratio) of -0.20.

Uk Oil & Gas Share Discussion Threads

Showing 148326 to 148344 of 165925 messages
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DateSubjectAuthorDiscuss
01/5/2021
20:56
How much will the poo continue to contaminate our oil?? Have you gone completely mad termite & cohorts?? You'll have bigger fish to try when .5p hits before Fryday!!
This should open the floodgates and all the water will run out and leave all the oil in abundance!! The problem we'll have then is what happens to all the fish?? and where did you hide all the tankers?? we've only been using two!! Is this why the share price is so low!!
Confess or we'll be dribbling oil all over!! Yes termite!! are you deaf!! It's all over!! Do termites have ears?? These types of questions need questioning!! More will be forthcoming!! On Tuesday the 4th!! Not long now termite!!

bygdennis
01/5/2021
15:53
Termite!! My poo is smarter then you HCA!!
bionicdoggy
01/5/2021
15:50
Termite!! Think ill move over to your booze BB
bionicdoggy
01/5/2021
12:58
Anyone really interested in re-injection should read here from p.85 onwards;



p85
"Reinjection to facilitate production

Reinjection is a recognised strategy within the oil and gas industry to derive value from
produced waters. The process of PWRI can be considered, where implemented
properly, to be an environmentally attractive management technique while aiding
optimisation of the production of oil mainly through maintenance of reservoir pressure.

In a conventional oil and gas reservoir, the pore pressure under which the oil is stored is initially sufficient for hydrocarbons to flow through the rock to the production well.

This phase of the reservoir lifecycle is known as primary production.
Over time, pore pressure in the reservoir will tend to reduce as it is depleted of the hydrocarbon it previously contained. Depletion has numerous consequences for the
reservoir, one of which is reduced reservoir productivity.

To maintain or increase the well’s productivity as it becomes depleted, reinjection wells are drilled in the vicinity of the production well to begin the secondary recovery process. The process usually begins with water flooding where water (or potentially a gas under pressure such as carbon dioxide) is used to maintain reservoir pressure and drive the hydrocarbons towards the production well.

Over time, increasing volumes of water are recovered with the hydrocarbons as their
depletion progresses. The produced waters are often recycled back into the reservoir
following treatment to remove any particulates and other constituents such as brines
and bacteria that could adversely affect the performance of the production.

As noted above, poorly managed treatment of produced waters can lead to injectivity
issues such as to ‘clogging’ of the reservoir in the area surrounding the well. Where produced waters have a high dissolved solids content and are considered a brine, this can be problematic as is the presence of bacteria and their by-products. The presence of brines can lead to unwanted corrosion of the production equipment, with the potential for such corrosion to lead to integrity issues with wells that then require remedial action. The presence of bacterial activity can also lead to clogging of the well, which can result in a loss of injectivity and negatively affect the well’s general performance."

re-injection has a cost and needs to be done with care.

cyan
01/5/2021
12:01
cyan
As I said a couple of days ago I expect about 200 bopd until they have sorted themselves out. It will depend on the POO though imo. A fine balancing act will be required.

hans christian andersen
01/5/2021
11:51
Good morning HCA

Thanks for promptly publishing the production numbers.

What's your thoughts on the potential oil production once injection starts?

We already know from the 1st April amended plans that there is a theoretical maximum production of 60 Tonnes (440 barrels); two tankers a day .

However ,as discussed earlier, the 80% plus reduction in on site storage to 49 tonnes (circa 360 barrels) suggests UKOG themselves expect a production figure significantly short of the theoretical maximum.

This can be deduced from the anticipated daily production at weekends where that 360 barrels site storage impacts.

In my opinion; it suggests UKOG's anticipated best case is circa 200 barrels of oil ; reality maybe rather short of that.

cyan
01/5/2021
10:14
Rule 1! Post your evidence proving termite & cohorts are responsible!! It's free unless you want to pay!!
Fees will be deducted from your share accounts if you let them get away with whatever it is you allow them to get away with!!
Join the gremlins & Radishes revolution!
Wipe out lemmings and mushrooms! They cook the lemmings without peeling them!! Yuk!!
Miss Australia 2021, posted after the shark attack by doggy!! They are using fish dressed as humans to downplay their involvement on a grand scale (Fish scale) Not music! to anyone's ears!!
Fish don't have ears so will they be made to dance to the music??
We need a confusion!! They are guilty!! You decide what they've done wrong!! Not them!
They're slippery characters and not easy to catch!!
If we lure them onto dry land we can jump up and down on them until we get bored with it! It makes perfect sense!!

bygdennis
01/5/2021
09:42
Beware of the ramper Big Denise. She knows nothing about the company and uses various different aliases.
bionicdog
01/5/2021
09:38
Now then Termite % Co!! Scientific evidence provided is building!! You are guilty of watering our oil!! It's got to stop! In the olden day you were watering our whiskey!! Has this practice stopped?? Confess!
you have nowhere to run!! The water tells us you'll have to sink or swim!! Don't do it!! Swimming is for fish!!
They all do it, We see them on the telly!! Quite why! is being studied!!
Is it they want to get into our wells and swim there too?? Who knows!! Have the fish taken over Scottish Parliament?? There is definitely something fishy going on!! Led by Termite and his nincompoop cohorts!! Confess and stop cohorting all over the place!! Guilty! Gremlins & Radishes

bygdennis
01/5/2021
09:04
I'm expecting over 590m3 production in February (132bopd). January was 102bopd.
hans christian andersen
01/5/2021
08:40
Compare January to December

Reporting Period Month Name December
Reporting Period Year 2020
Oil Production Mass (tonnes) 340.94

Associated gas production mass (tonnes) 7.48

Gas Flared - Volume (Ksm3) 6.99

Water production mass (tonnes) 169.00


15 tankers of oil instead of 12
9 tankers of water instead of 6

Water cut has clearly gone up.

hans christian andersen
01/5/2021
08:31
Reporting Period Month Name January
Reporting Period Year 2021
Oil Production Mass (tonnes) 426.38
Oil Production Volume (m3) 504.00
Oil Production volume (mb/d) 0.10
Oil production density (Kg/m3) 846.00

Associated gas production mass (tonnes) 10.24
Associated Gas Production Volume (MMscf/d) 0.01
Associated Gas Production Volume (ksm3) 9.57
Associated Gas Production density (kg/sm3) 1.07

Gas Flared - Volume (Ksm3) 9.57
Gas Flared - Density (Kg/sm3) 1.07
Gas Flared - Non Hydrocarbon (%) 4.50

Water production mass (tonnes) 267.00
Water production volume (ksm3) 267.00
Water production volume (mb/d) 0.05

hans christian andersen
30/4/2021
21:41
Termite!! You are stupid!!
bionicdoggy
30/4/2021
21:36
Termite!! Aint you a silly little doggy. done the dastardly deed!! Own up you nincompoop!! Gremlins and radishes!! You need a muzzle smelly doggy!!
bionicdoggy
30/4/2021
17:06
Looks like we got away with a Friday RNS bomber.
hans christian andersen
30/4/2021
14:21
we know you back losers kiddie, but how about a reply on the NLG thread
sentimental rules
30/4/2021
14:01
It a price monitoring extension RNS, so nothing to see here
kidknocked
30/4/2021
13:34
Strange move that. Does show there are a lot of hair triggers out there.
kidknocked
30/4/2021
13:29
I expect a Turkey progress update before the placing announcement
onetomany
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