Uk Oil & Gas Share Discussion Threads

[robbie1424] 16/3/2016 10:01

I think some of you need to take a step back and think.

Would a company lead the Government,National Media up the garden path?

Would a company have not already got a placing away on the good news?

Would any CEO go on National tv as SS as if they were not bullish about the prospects of HH


Zones 1+2 were not expected to flow anywhere near what they flowed at.WHY?

Kimmeridge clay should have been a very tight oil play -It aint as there is free flowing oil already there.

Take a look at some companies in America and what they are achieving through Horizontal drilling through multi pads and the costs associated
They could get 1000s bopd from that one well

At some stage in the play HH will become a very Lucrative cash cow.

That may take 1-3 or even 5 years depending on POO/OIP/Government/JV


If it was me I would have placed as soon as the good news came BUT I don't know what they really think they have and I don't think they quite know yet.

Lets take one example of a small company (at the time) whos share price retraced after a big rise over what they considered to be a huge find.
There share price then retraced back up north and the rest is history, Cairn Energy in the early days
They only found 200 mill bo in India

Ukog could potentially end up in the ftse 250,100 if they get a fraction of the 125 bill barrels, MADNESS

Stranger things have happened.

Lets see what unfolds but I'm long and staying long.
GL

[mackey43] 16/3/2016 09:32

tw tip by doriemus and inspirit?

[12bn] 16/3/2016 09:24

9:19:09 2.3400 17,094 O 2.2500 2.3500 Buy 13,457,114 3,860,454
09:18:35 2.3400 51,282 O 2.2500 2.3500 Buy 13,440,020 3,860,454
09:18:24 2.3400 85,716 O 2.2500 2.3500 Buy 13,388,738 3,860,454
09:18:14 2.3101 130,123 O 2.2500 2.3500 Buy 13,303,022 3,860,454
09:16:59 2.3400 84,936 O 2.2500 2.3500 Buy 13,172,899 3,860,454
09:15:14 2.3150 100,000 O 2.2500 2.3500 Buy 13,087,963 3,860,454
09:15:02 2.3150 209,399 O 2.2500 2.3500 Buy 12,987,963 3,860,454
08:14:36 2.3300 1,000,000 OK 2.2500 2.3500 Buy 12,778,564 3,860,454
09:14:13 2.3400 12,607 O 2.2500 2.3500 Buy 11,778,564 3,860,454
08:13:49 2.3010 1,322,234 OK 2.2500 2.3500 Buy 11,765,957 3,860,454
09:11:54 2.3270 43,511 O 2.3000 2.3500 Buy 10,443,723 3,860,454
0//////// What big buys rugbyboy? The 1.322m trade was a sell!

[tallrugbyguy] 16/3/2016 09:19

Plenty of big buys today, hopefully see it rise nicely

[12bn] 16/3/2016 09:17

More big delayed sells now showing,the big boys are leaving. The 2.315p buys are in fact sells.

[moneymunch] 16/3/2016 09:15

More good news imminent from HH and potential upside and if George makes any reference to the Kimmeridge this afternoon then a significant re-rating more than likely. Gla longs :-)

[12bn] 16/3/2016 09:11

jane,TW doesn't like any share associated with David Lenigas as UKOG is. If you think that it is going to fall further,as I do,then you shouldn't be anti-TW.

[janekane] 16/3/2016 09:05

watch and learn its going south
if its so good why is it NOT GOING NORTH
tell you why the City never gets it wrong bit like TW
to many false promises and speculation

pile of shyte

[moneymunch] 16/3/2016 09:01

Lol, the majority are expecting oil to recover this year to c$50 and over $60 next year, world events could see oil spike at anytime, break even for HH is $40 from the exisiting infrastructure according to SS, and extraction costs are likely to drop considerably as the the wells are developed and the high quality oil flows in volume.......this ain't no duster and so no significant downside, only the normal healthy movement of share price as investors take their profit and/or the weak are shaken out and the buyers rush in. UKOG are on a oneway trajectory to becoming a major UK oil producer imho....gla longs ;-)

ps and as for TW calling things right....PMSL......you don't get anything right when you're driven by jealousy and envy!!!

[12bn] 16/3/2016 08:59

Watch the volume here,I have a feeling that it will drop off and the share price will tumble. Sub-1.5p again perhaps ?

[datait] 16/3/2016 08:53

watch and weep how is your xtr and kibo doing 12bn well under water arent you pmsl

[12bn] 16/3/2016 08:49

MM is the oil commercially exploitable with the low PoO? If it cost $50 a barrel to extract and the PoO is $38 then the oil will be left in the ground. Has there been any extraction cost analysis? This share is 'hot money' driven any way and now the hot money has gone the share price will drift lower and lower,imo.

[janekane] 16/3/2016 08:45

ok why is the share price not going north its a pile of hyped up shyte
Tom Winithrith has called this right
he never gets it wrong when spelling out the danger of investing in Aim shyte shares

[moneymunch] 16/3/2016 08:22

Lol, more like a load of oil with very liitle downside now the Kimmeridge is free flowing beyond all expectations.....ie it ain't no duster, and the potential Upside of all upsides given its national significance potential, as development plans progress and the price of oil makes its undoubted recovery. The Weald basin looks like it will be far bigger than Wytch Farm's 110,000 bopd by the time multi-pad horizontal well sites are established . The future is very bright and this is the best risk reward opportunity for years imho. Gla longs, more good news from HH imminent. ;-)

[12bn] 16/3/2016 08:16

The share price is drifting lower and lower,watch the volume today,it will fall alongside the share price imo. This has a lot further to fall imo.

[janekane] 16/3/2016 08:12

As expected another drop this ones another hyped up company that's not worth today's SP
All in all an absolute load of rubbish with mug punters who can't get it through their gray matter that
"It's a pile of shyte"

[moneymunch] 16/3/2016 06:29

A big blue day if George has got his copy for today's budget. ;-)

Ernst & Young (EY) will soon publish a study which assesses the potential
economic impact and benefits of tight oil extraction from these Kimmeridge
limestones. EY show that production could contribute between 4% and 27%
of the UK's current oil consumption with an associated total value contribution to the economy of £7 to £53 billion over the life of the project.

The Chancellor will be particularly interested to read that tax contributions
could be anything from £2-18 billion.

[moneymunch] 16/3/2016 06:09

Brent back to $39 plus . gla ;-)