Uk Oil & Gas Share Discussion Threads

[moneymunch] 27/7/2017 08:27

There can't be many pi's holding as most have take their profits, looks like they want every share and when they have had their fill, they will re-rate this to a new and substantial breathtaking high....KER CHING for those who have held on tight...Gla BIG NEWS COMING!!! ;-)))

[rayrac] 27/7/2017 08:25

Probably go more positive now! Get the coast clear first!

[markfrankie] 27/7/2017 08:25

exactly eddie

[tallrugbyguy] 27/7/2017 08:25

Lots of buying, going up fast soon, coiled spring?

[trt] 27/7/2017 08:23

Yes hardly much movement this morning could well go negative now

[markfrankie] 27/7/2017 08:21

ta moneymunch

[forwood] 27/7/2017 08:21

MMs have opened up huge spread - will deter traders.

[tidy 2] 27/7/2017 08:18

Exactly moneyMunch

[moneymunch] 27/7/2017 08:17

The following report was published before Ukog's acquisition of Broadford Bridge...... the latest drill data from BB re-affirms E & Y's report and SS's suggestion..... "that the overall economic impact of Kimmeridge Limestone oil could be significantly higher than this initial report describes,". .......We now know that the net oil play with its naturally fractured limestones and surrounding clay is in excess of 1000ft thick ( over 1,400ft thick at the drilled 50 degree angle of the well bore at BB ) and potentially connected to HH 30km away...and the flow tests will target a net oil play over 900ft thick...One high quality oil deposit of staggering proportions.......in which case the economic impact is very likely to be signifcantly higher than the report describes... Gla holders.....more news expected anytime now from BB, Schlumberger's log analysis could include an UPGADE of OIL in PLACE.....which will be well received and the imminent flow tests will confirm how much is recoverable....Multi-bag ahead..Ukog are sitting on one of the World's biggest high quality oil discoveries EVER!!!...FILL YA BOOTS!!!...The real upside hasn't even started yet.....On and Up!!! ;-)

Ernst and Young Report



The so-called Gatwick Gusher, a shale basin in the United Kingdom, could add as much as $74 billion to the nation's economy, a study finds.

U.K. Oil & Gas Investments commissioned Ernst & Young to examine the future potential of oil production from the Weald shale basin.

"Assuming it can be extracted from a development site at the volumes projected by U.K. Oil & Gas, has the potential to generate significant economic value to the U.K. economy," the report read.

Oil & Gas U.K., the industry's lobbying group, said the North Sea oil sector is in for a long period of decline, with less than $1.4 billion in new spending expected in 2016. Inland shale, meanwhile, has the potential to add between $10 billion and $74.6 billion to the British economy in gross value, the commissioned report said.

Operators are working to assess the potential in the shale area by testing the Horse Hill-1 oil discovery. Preliminary estimates made by the company last year put the entire Horse Hill reserve total as high as 100 billion barrels of oil. If its full potential is reached, the future production from the area could provide as much as a quarter of the nation's total oil demand over its lifespan, based on 2014 demand levels.

The field, locked in a geological formation called the Kimmeridge Limestone, is about three miles away from the Gatwick Airport, earning it the nickname the Gatwick Gusher.

Stephen Sanderson, the executive chairman of U.K. Oil & Gas, said developing the shale basin could make a significant contribution to the British economy. Oil is already flowing at nearly three times the expected peak rate.

"It is therefore possible that the overall economic impact of Kimmeridge Limestone oil could be significantly higher than this initial report describes," he said in a statement.

[moneymunch] 27/7/2017 08:16

Same pattern repeating as witnessed Monday, Tuesday and Wednesday by the looks of it.....fingers crossed double figures could be back on the cards today with any luck, so far those lowlife snides who crawled out from beneath their stones on yesterdays drop have been proved wrong again, none of them held any shares and those that continue betting short are still getting shafted....Gla Holders BIG NEWS IMMINENT...THEY WANT YOUR SHARES!!! ;-)))

[markfrankie] 27/7/2017 08:16

something big is coming

[eddie max] 27/7/2017 08:14

You don't get many chances like this..

NATIONAL SIGNIFICANCE...!!!

;)

[eddie max] 27/7/2017 08:13

Privvy people in the know as usual!

;)

[markycrispy] 27/7/2017 08:13

I was a weak holder for two months and it felt good - this is a great u see valued national asset and has to be a good long term punt

[rayrac] 27/7/2017 08:12

Exactly Eddie!

[football] 27/7/2017 08:11

But if the big boys are buying you had no holding rns's yet

[eddie max] 27/7/2017 08:11

Exactly mark..!

[eddie max] 27/7/2017 08:10

MM' feeding the Big players in the background - squeezing out the weak..!

;)

[markfrankie] 27/7/2017 08:10

good morning.
get as many weaker holders out as possible (cant blame anyone for taking a profit) get the big boys in and holding

[tidy 2] 27/7/2017 08:09

Boom. Pass another log for this inferno.

[moneymunch] 27/7/2017 08:09

C'mon UKOG .....BIG NEWS IMMINENT...Gla Holders On and Up!!! ;-)))

[rayrac] 27/7/2017 08:08

They want your shares real bad... as mm said! Mark it up quick at the start, then many sell to take profits and the market makers get their shares. Money for old rope...and shares

[mpclag] 27/7/2017 08:07

very healthy. new buyers coming in at higher levels. Weak holders now gone