ADVFN Logo

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers

UKOG Uk Oil & Gas Plc

0.065
0.0075 (13.04%)
Last Updated: 10:13:39
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
  0.0075 13.04% 0.065 0.06 0.07 0.065 0.0575 0.06 31,577,434 10:13:39
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Finance Services 1.78M -4.87M -0.0015 -0.40 1.95M
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 0.06p. Over the last year, Uk Oil & Gas shares have traded in a share price range of 0.055p to 12.95p.

Uk Oil & Gas currently has 3,253,992,610 shares in issue. The market capitalisation of Uk Oil & Gas is £1.95 million. Uk Oil & Gas has a price to earnings ratio (PE ratio) of -0.40.

Uk Oil & Gas Share Discussion Threads

Showing 149951 to 149972 of 165700 messages
Chat Pages: Latest  6004  6003  6002  6001  6000  5999  5998  5997  5996  5995  5994  5993  Older
DateSubjectAuthorDiscuss
18/7/2021
16:38
Don't let logic get in the way of a good pump and dump.
bionicdog
18/7/2021
16:29
Surely there’s every chance it WON’T multi-bag as it’s very high risk?
jtidsbadly
18/7/2021
12:46
Every chance it could multibag as it's very high risk.
More impeccable logic. I can tell you something else as well. No large company got to that size operating the company the way Stevie does. I think you may well have run out of gullible idiots on here. Apart from JC and he's potless.

bionicdog
18/7/2021
12:45
HCA: what am I missing? 16bn/1mm. = 16,000, surely? But it’s still way too expensive.
jtidsbadly
18/7/2021
12:36
No one knows what's down there, until the drill gets down to TD through the two horizons of interest..could be eff all, could be a dribble, could be significant. Gl ;-)
moneymunch
18/7/2021
10:53
Every chance of UKOG multi-bagging.....It's very high risk frontier oil exploration by a minnow with limited resources, exactly how most of the larger oil companies started out, until they hit the sweet spot that flowed. Any encoraging news from Basur-3 will be very well received, and Turkey seems to be awash with untapped resource. Gla Holders ;-)

27/5/21

Turkey has discovered oil in three new onshore wells over the last month, the nation’s president announced Thursday.

The oil has been found at two wells in the southeastern Diyarbakir province and at a third site in the northwestern province of Kirklareli, President Recep Tayyip Erdogan told a meeting on Istanbul's Democracy and Freedom Island.

The find will add 6,800 barrels of oil to the nation’s daily output, Erdogan said. “Our domestic average daily production goes above 61,000 barrels of oil,” the president added.

Some 2,800 and 3,000 barrels of oil will be produced daily from Akoba-1 and Yenisehir-1 wells in Diyarbakir and 1,000 barrels of oil from the Misinli-2 well in Kirklareli, Energy and Natural Resources Minister Fatih Dönmez tweeted following Erdogan's remarks.

The find comes in the wake of the country’s largest-ever natural gas discovery after its drilling ship, Fatih, last year found 405 billion cubic meters (bcm) of gas in the Tuna-1 well in the Sakarya gas field, located about 100 nautical miles (185 kilometers) north of Turkey’s Black Sea coast.

moneymunch
18/7/2021
09:13
"The only stock being ramped on the Ukog thread is GENL by the looks of it"

You've painted yourself into a corner now. No talk of UKOG multibagging from now on then.

bionicdog
18/7/2021
09:04
Its the weekend moneymunch and I am filling the time with you discussing the merits of a regional player whose success UKOG has themselves used to support the Turkish adventure.

I post fairly sparingly on the Genel thread and have not mentioned Genel that often here.

I don't ramp GENL several times a day, every day for months on end like some have for UKOG.

The only reason I highlighted Genl was because UKOG uses Genel's Kurdish assets productivity to give credibility to his Resan ambitions .
See this UKOG presentation here page 6 and 14 where Genel's fields are specifically highlighted;



You rightly highlighted GENL's market cap of circa £400 m.

With latest production being in the region of 33,100 barrels per day and some of UKOG's 'promoter's' suggesting UKOG share price could again hit 5p or even 11p (notably on LSE BB) its not unreasonable to do a regional comparison to see if 5 to 11p is a credible ambition.

HCA has highlighted the low productivity of other Turkish fields. Is it likely that UKOG will produce similar volumes in Turkey?

In my frank opinion; NO chance.

To avoid being accused of 'ramping' GENL people can do their own comparisons of the assets each company holds.
I had better not publish too many evidenced facts because that might upset .

With circa 16 billion UKOG shares in issue; 5p would suggest a market cap of £800m (twice that of GENL). In my opinion, its not a credible figure.

Suffice to say if UKOG wants to 'ramp' THEIR SE Turkey prospects using the reflected success GENL has had in Iraq, then its fair to assess the merits and possible future prospects of both companies.


Forget GENL now and Lets talk UKOG;

Tomorrow is a big day because time for decisions on whether to take up the open offer is short.

I expect a RNS from UKOG with some positive spin at the very least. Who knows; could be great news .

Past experience does suggest silence MAYBE indicates no GOOD news available. They still could be way off the TD's .

Its jut a shame that UKOG's last tweet did not give a very basic number ; like depth drilled to date.

cyan
18/7/2021
07:32
The only stock being ramped on the Ukog thread is GENL by the looks of it...some what hypocritical don't you think???
moneymunch
18/7/2021
06:46
Even if Basur produces at 100 bopd and you hold 1m shares your proportion of oil for the year is less than one barrel because of the number of shares in issue. Dividing anything by 16bn shares gives a miniscule return whether it be in oil or financially.

Watch out for the rampers. They won't tell you when they have sold leaving you holding the baggage. Just remember Oaf's 1 and 2 and what it has done to them.

hans christian andersen
17/7/2021
17:02
Genel has had sufficient volatility to give investors the chances to double or treble their money in very recent years.

Its about recognising the fundamental value and getting your timing right. Genel has served me well .

Its, imo chronically undervalued. If GENL can monetize the absolutely enormous gas assets; it SHOULD double; not going to happen tomorrow but I remain hopeful for the years ahead.

DYOR , and always ask the difficult questions; like , 'when are you going to buy shares in UKOG ; shameless Stephen?.'

cyan
17/7/2021
16:14
Yep, and no chance of GENL multibagging from a £400m m/c, although it would have been nice to have got in when they were worth £29m, although then no doubt it would have been considered very high risk and beset with many of the same problems Ukog have, until they hit the sweet spot............that's frontier oil exploration for you, not for the faint hearted or those that hold a grudge on past performance !!!??? Gl :-)
moneymunch
17/7/2021
15:35
There are sooooo many differences between GENL & UKOG.

GENL does not require twice or more yearly, enormous cash injections as UKOG does.

GENL actually gives money to its shareholders in dividends ; a word unknown to UKOG

GENL pays circa 11p to shareholders, whilst UKOG....no chance lol

GENL's directors have a lot of shares, a LOT of skin in the game, whilst UKOG...don't make me laugh.

Working on the basis that the directors have a better handle on what's going on in their company; its value; its direction of travel; I think that UKOG's board failure to buy shares ( as promised) is a serious WARNING.

If they consider their own stock so toxic that THEY refuse to buy; what is the signal to everyone else?

cyan
17/7/2021
13:23
They didn't have Stevie at the helm. Now that really is a LOL!
bionicdog
17/7/2021
12:50
Lol....now that's impeccable logic for you ha ha ha, or do you think GENL's m/c was always £400m from inception, family owned and a failed merger with Hertiage Oil before the reverse aquisition by Nat Rothchilds and friends, (i've got some of his families champagne in my fridge ) and might crack a bottle open if Basur comes in....from little acorns...ho ho ho ;-)
moneymunch
17/7/2021
12:43
UKOG will multibag because it's grossly overvalued. Impeccable logic.
The only reason this sort of share multibags is orchestrated ramping IMO.
Filter the trolls!

bionicdog
17/7/2021
12:31
Exactly right bionicdog, it might come in, i like the look of GENL, but they would have to go some to multibag x 10 or x 5 for that matter from a £400m m/c , whereas Ukog could do that in a breeze on good news from Basur-3. Gl ;-)
moneymunch
17/7/2021
12:09
You're right , £29 million MC is far too high for a company that produces oil at a loss. Not to worry , the Turkish well drilled at random to avoid losing the licence with no seismic might come in.
bionicdog
17/7/2021
12:07
Yep, but there lies the current upside opportunity on the outcome of Basur-3.....very high risk but potentially significant reward from Ukog's £29m m/c. Gl ;-)
moneymunch
17/7/2021
11:59
Just the opposite to UKOG.
bionicdog
17/7/2021
10:23
Nice cash flow on existing oil revenues cyan, a £400m m/c but loads of cash and plenty of assets with massive upside potential....i'll buy some if Basur-3 comes good. Gl ;-)
moneymunch
17/7/2021
10:20
ROP varies and your 80-90/day doesn't have anything to do with B3 drill unless you know the 'hole' conditions...Waiting gameChill and enjoy the lovely weekend
alexios1201
Chat Pages: Latest  6004  6003  6002  6001  6000  5999  5998  5997  5996  5995  5994  5993  Older

Your Recent History

Delayed Upgrade Clock