Uk Oil & Gas Share Discussion Threads

[datait] 10/3/2016 14:54

clickon tried to tell 12bn that he is too thick to understand how they work lmao he never gets it right.

[clickon] 10/3/2016 14:42

It appears that mms have dropped the price enough to take out some stop losses and pick up stock cheap, the usual.

[simon_64] 10/3/2016 14:24

clickon

The power is in PI's hands if everyone signs up someone has to sit up and take notice, especially with all the local council elections starting.

This is now looking really good the shorters and doom mongers out in force they are under pressure probably opened shorts at the high of 3.30 last week, remember they have to buy back could be quite a bounce from these levels with all the new buyers.

[tracy_moore] 10/3/2016 14:20

Indeed, never rely on a bulletin board poster for information regarding placings, rights issues or " word in the city " type rubbish.

[supercity] 10/3/2016 14:17

Regency mines just issued shares (33% extra to the original) at a discount to fund ongoing costs at horse hill£400K for their 5% stake...their shares were 1.2p last week now 0.65pJust be careful and don't believe these won't do the same until the board say otherwise...not an unknown bulletin board posterGl

[tracy_moore] 10/3/2016 14:13

Temper temper. Don't post misleading dross if you can't take the fall out, coming your way.

[tracy_moore] 10/3/2016 14:04

Do you have any more market sensitive information you'd care to put your name to ?

[yajnas01] 10/3/2016 14:04

i think it's fine you know - a breather is healthy... picking up new investors as well. and then we can carry on our rerating towards 5p.

fact is we have achieved what we needed to - do the flow tests. we are now closer towards a goal. price should be going up in general.

news to come still, funded, what more could ukog really do?

[janekane] 10/3/2016 14:01

Tracy_Moore



That's no better either LOL, do you want a shovel ?.




No my big fat Siamese cats got one

[janekane] 10/3/2016 13:59

in case anyone missed it


janekane 10 Mar'16 - 13:45 - 1588 of 1590 0 0

word in the city is a placing is on the cards
has anyone here got any ideas as to its validity the share price has floundered somewhat over the last week or so
and we recieved good news ,so why the drop
thanks in advance for your reply

[tracy_moore] 10/3/2016 13:59

That's no better either LOL, do you want a shovel ?.

[tracy_moore] 10/3/2016 13:53

janekane, you're asking for validity on something you have posted?. Which may be deemed price sensitive. Careful lassie.

janekane 10 Mar'16 - 13:45 - 1588 of 1590 0 0

word in the city is a placing is on the cards
has anyone here got any ideas as to its validity the share price has floundered somewhat over the last week or so
and we recieved good news ,so why the drop
thanks in advance for your reply

In case anyone missed it.

[moneymunch] 10/3/2016 13:50

Pmsl...the basher's are running out of straws to clutch....;-))))

[janekane] 10/3/2016 13:45

word in the city is a placing is on the cards
has anyone here got any ideas as to its validity the share price has floundered somewhat over the last week or so
and we recieved good news ,so why the drop
thanks in advance for your replys

[moneymunch] 10/3/2016 13:39

Lol no problem at HH then, by the time multi-pad well sites are established across Ukog license area's combined with the price of oil's undoubted recovery. SS has already stated that the existing vertical well at HH with flow rates beyond all expectations is commercially a reality. Nutech and Schlumberger's multi-billion barrel Kimmeridge assessment is all but confirmed. Gla longs Onwards and upwards. ;-)

[football] 10/3/2016 13:38

12bn they say $40 makes it commercially worth extracting were do you see the oil price being this time next year + or -$40

[12bn] 10/3/2016 13:33

Oil is worth nothing if it cannot be extracted commercially,eos.

[ibug] 10/3/2016 13:29

The cost of borrowing has dropped off a cliff today by the look of it:

Bonds

3 Month 0.26% 0.00 (0.00%)
6 Month 0.44% -0.01 (-2.22%)
2 Year 0.87% -0.03 (-3.33%)
5 Year 1.38% 0.00 (0.00%)
10 Year 1.88% 0.00 (0.00%)
30 Year 2.66% -0.02 (-0.75%)

this may be very good news for ukog, perhaps to remodel its borrowing facilities.


ECB is also offering banks free money

The ECB has also announced a new long-term bank lending programme, called a TLTRO.

It will run for four years, and allow eurozone banks to borrow cheaply from the central bank.

Crucially, these loans could be as cheap as the ECB deposit rate - which it has just cut to minus 0.4%!

[clickon] 10/3/2016 13:21

Simon _64Another petition I'm thinking about is changing the rules so that hedge funds should be forced to pay Stamp Duty! At the moment they are exempt.

[moneymunch] 10/3/2016 13:03

Pmsl..like I say, THE BASHER CREW CLUTCHING AT STRAWS....the only thing relevant to proceedings is the MAJOR WORLD CLASS HIGH QUALITY OIL DISCOVERY that now looks very likely at HH across the Kimmeridge interval of the entire Weald, free flowing and beyond ALL expectations and of potential national significance. Gla longs truly stunning prospects and potential for all invested with massive upside on continued good news as expected. ;-)))

[supercity] 10/3/2016 12:49

This is misleading saying they don't need funds...very misleading as you simply don't know Indeed in the very link you pasted a few paragraphs higher under the heading Principal Risks and Uncertainties it reads totally differentlyYou surely can't be so naive as to think funds won't be raised and with the long road ahead to actually having money coming in from any well that they wouldn't use the current good news to get one outSo the price drifts over the next 6 months and they try to raise funds before running out of money - crazy riskTake a step back and think about it - it's how these firms workAnd as much as the derampers can be a pain the rampers can be just as bad...some on here having been saying it's going to take off since 3.25p - a 30% loss to anyone who bought at that price

[moneymunch] 10/3/2016 12:40

Pmsl...Ukog will require more funds in the future to take HH into production but according to the CEO they have enough cash for their development plans for 2016. THEREFORE NO PLACING LIKELY ANYTIME SOON as suggested by the bashing crew clutching at straws....gla longs, more good news IMMINENT!!! :-)))