Uk Oil & Gas Share Discussion Threads

[moneymunch] 25/2/2016 15:09

Retweeted by Zak Mir

Stefania Barbaglio ̴7;@stefixy

@Nbucky1 @flyevertonfc @ZaksTradersCafe @audioBoom @jimmhk @UKOGlistedonAIM Live tomorrow. keep you posted!

11

1h1 hour ago

Spencer Jackson ‏@HeroesNorwich

@stefixy @UKOGlistedonAIM @jimmhk @ZaksTradersCafe @audioBoom big money all in one room come on Steve get those billions of barrels out ;-)

1

2h2 hours ago

Stefania Barbaglio ̴7;@stefixy

#HoaxStudio Mr Sanderson @UKOGlistedonAIM meets @jimmhk British Warren Buffet to record @ZaksTradersCafe @audioBoom

[moneymunch] 25/2/2016 14:49

Full moon rising....and lambs to the slaughter for those wandering off the hill....gl :-)

[forwood] 25/2/2016 14:18

Guess the 'wolf' will come sometime! Question is what will he look like? Looks like some of the sheep are wandering off....

[moneymunch] 25/2/2016 14:18

Lol 5baggersrus, we saw that Mr Bell was getting ahead of himself, but hopefully right in what he's suggesting.....news tomorrow on the Upper Limestone would be nice followed by another one on Monday similar to the two updates we had on the Lower Limestone. Gl :-)

[moneymunch] 25/2/2016 14:07

Ps hope you're well and hope you've got a few quid in HH...:-)

[5baggersrus] 25/2/2016 14:07

Sorry munch was wrong link

bell end

[moneymunch] 25/2/2016 13:35

Not yet.....:-)

[5baggersrus] 25/2/2016 13:21

Tests are in;

[moneymunch] 25/2/2016 13:12

Ineos, which has recently gotten into gas in a big way, recently secured 21 new shale gas licences in the old mining heartlands of the North West, North Yorkshire and the East Midlands in the fourteenth licensing round last week, and is keen to get cracking on exploration.

Ineos now claims to be the biggest player in shale in terms of UK onshore oil and gas licenses with one million acres under control, up from 300,000 acres. 

While shale drilling remains contentious in the UK, it has the support of the Tory government, which has stripped local authorities of their planning permissions in order to support more fraccing.

In a bid to overcome the sorts of protests that stopped Cuadrilla Resources in Lancashire, in addition to the required community consultation, Ineos has pledged to give 4% of revenue to homeowners and landowners directly above wells and 2% to the wider communities.

It remains to be seen if that will placate fears of environmental damage, but Ineos chairman Jim Ratcliffe says the potential of shale gas in the UK will transform manufacturing.

Ineos believes that its knowledge and experience in running complex petrochemical facilities, coupled with its world class sub-surface expertise makes it the right company to extract UK shale gas.

Unlike many of its rivals Ineos can use shale gas as both a feedstock and a power source, as its areas are close to several of its plants. 

That means shale gas could help underpin the competiveness of Ineos’s manufacturing sites across the UK for years to come, bolstering the wider UK manufacturing sector as they have done in the US.

Ineos says if it finds the gas more reforms will be needed before the company can move to wide-scale production. 

It believes it can prove up a shale gas resources in 2-4 years, and it has the backing of prime minister David Cameron has pledged to go “all out” to extract the potential shale gas reserves, to help offset declining North Sea oil and gas output

Overall, the UK government awarded 159 licences and 75% of the blocks covered were related to shale gas or oil, in what was the UK’s first onshore licencing round in seven years.

In addition to Ineos, Companies that obtained new licences include the established shale gas companies IGas, Egdon Resources and Cuadrilla.

The licence awards came after a year-long review that concluded shale gas can be safely developed. 

The shale gas task force report says that companies should get on with drilling to determine if the resources are there before extolling the benefits.

The taskforce was, not surprisingly, funded by five companies with commercial interests in fraccing, including Cuadrilla and the British Gas owner Centrica Energy. 

[rayrac] 25/2/2016 13:03

🔜🙏🏽😎8163;

[moneymunch] 25/2/2016 13:02

It was from his twitter feed a couple of hours ago.....Google Andrew bell twitter....gl :-)

[forwood] 25/2/2016 12:58

munch - can you post link please?

[moneymunch] 25/2/2016 12:53

Good news coming.....:-)

[moneymunch] 25/2/2016 12:53

Andrew Bell ‏@armcmb

Finally, current flow tests (not yet fully disclosed) at Horse Hill in Surrey are most important results for UK since UK N Sea discovery

[forwood] 25/2/2016 10:58

Another reason there are no shorts and sells are holders selling stock is that this is entirely controlled by the market makers - nobody else has access to the book.

[investordave] 25/2/2016 10:34

Yeh..of course it could or it could be noon or 1300 etc.

[temmujin] 25/2/2016 10:33

rns could be 11am...GMT time

[forwood] 25/2/2016 10:27

I doubt very much this is being shorted in the conventional way of selling CFDs - may be spread bets but they do not affect the price. Anyway, who supplies the CFDs? I've never found any.

[investordave] 25/2/2016 10:15

Price seems to be holding up despite the wave of sells (shorts).

[moneymunch] 25/2/2016 10:00

3.6p in a blink on next Rns....:-)

[tommy25] 25/2/2016 09:59

Bell dont know anything. he sold his stake last year. this is a big scam, ponti scheme in the making. short to 0p guys to make big money

[moneymunch] 25/2/2016 09:56

No chance forward of 2.6p and dangerous if you're not back in imho.....news could drop at anytime given Bell's interview, and massive upside on positive data from the Upper Limestone....gl :-)

[temmujin] 25/2/2016 09:48

watch for massive buys next 15 mins