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UKOG Uk Oil & Gas Plc

0.0325
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Uk Oil & Gas Investors - UKOG

Uk Oil & Gas Investors - UKOG

Share Name Share Symbol Market Stock Type
Uk Oil & Gas Plc UKOG London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 0.0325 07:43:19
Open Price Low Price High Price Close Price Previous Close
0.0325 0.0325 0.0325 0.0325 0.0325
more quote information »
Industry Sector
OIL & GAS PRODUCERS

Top Investor Posts

Top Posts
Posted at 24/4/2024 15:43 by honfacifi
Quite sure they don't, did they say so?

I do know Alba want an Australian presence, investors in their gold mine dried up best look down under for next year's wages.
Posted at 24/4/2024 13:21 by honfacifi
No but you are, behind the table Alba are looking to sell their gold mine and consolidate in raising funds from Australian investors for their new lithium pump and dump.

Pretty sure they will spin off into another company with similar name, Australian lito resources or whatever comes out of the hat.

Oh dear, will you be saying hold for lithium when this gold mine goes or will you be a little wiser by then. Anyway something to discuss over a cider with Adrian!
Posted at 21/4/2024 16:15 by honfacifi
RF and YA then dump all these shares further killing the company.

Everyday 15 to 20k sold until a million or so is eaten through.

But even the RF and YA investors have had enough of the Aim failures.

Got to be desperate and screwed to take their loans anyway!
Posted at 20/4/2024 14:04 by thaibob1
Honfacifi You never see the big picture !!

Your scaremongering and hate campaign will not do any harm to Alba because nobody takes a blind bit of notice of what you say.

You have proven what type of person you are and you lost all credibility.

Nothing you say or do will never put me off buying more shares with Alba, and thousands more investors will carry on buying shares.

Your a one man band beating your own little drum, Alba is a army.

So go on ryanrhys go beat your little drum,
Nothing but a drummer boy 😅😅😅

Hold for gold
Alba United 🇬🇧
Posted at 19/4/2024 12:22 by jammydodger2
Yet another sting in the tail. Still working their way through the forst 2m. Who would have thought it?
"UK Oil & Gas PLC (London AIM: UKOG) is pleased to announce that to enable further orderly reduction of the balance of the funding facility announced on 28 June 2023 ("Loan"), it has delivered to RiverFort Global Opportunities PCC Limited and YA II PN Ltd ("Investors") a tranche of 200,000,000 ordinary shares ("Equity Shares"). Future conversion of these Equity Shares by the Investors will further reduce the current £0.545 million principal balance of the £2 million gross first cash sum received.



It is expected that the Investors will convert these Equity Shares at the Variable Price, being equivalent to 100% of the Company's lowest daily volume weighted average price ("VWAP") in the fifteen trading days preceding the conversion date, or the date the Equity Shares are applied to discharge the Loan.



The reduction in the Loan's principal balance from that stated in the Company's 13th March 2024 RNS results from the conversion of the prior tranche of 206,965,282 ordinary shares by the Investors at an average price of approximately 0.054 pence per share."
Posted at 13/3/2024 16:29 by jtidsbadly
1347: yes. I’d expect the shoe(s) to fall in the following sequence:

1. UKOG
2. Vast
3. Angus Energy plc

I imagine the factor holding the price even at these new lows in all three is an understandable reluctance to sell something that’s down 90%+ in many investors’ accounts. And I’m sure they’ll all be pleased that they are continuing to underwrite the absurd salaries and perquisites of their companies’ dodgy/incompetent managements, brokers etc. Some investors are about to learn the hard way the fallacy of the dictum that you haven’t lost any money until you sell.
Posted at 29/1/2024 23:19 by honfacifi
People expected results and development a lot quicker, most saw that as negative.

Next the spending versus the results was officially deemed negative just check out drill or drop and the national onshore figures.

Pinovara was always a shot in the dark, it's not looking positive even the company themselves seem very uncertain plus they already ran a smaller gun which technically should have made contact and given even a slight but better optimism than the no result they had to report.

Is running the wrong size gun a positive with all there years of expertise and onsite knowledge from an actual productive company? Pretty sure that's quite negative again.

So again we're waiting for these positives? If there was a billion barrels at HH, Billion in gold times ten at Clogau, mega resovoir at Basur then it has a funny way of showing dosent it. Normally if there were all these riches you could just pull up and within a couple months be showing it by pictures of oil and gold. This is a ten year witch hunt why would anyone say different as other companies don't suffer this length of bad luck when the reality is you sink a well or chip some gold from the wall and het presto news releases on Aim reporting sites plaster these pictures of gold and oil all over for investors to flood in.

So let's look at the history even percentage of Aim companies that really over hyped the resource only to spend years never getting anywhere then failing because the resource produced practically nothing and certainly not enough to prop up the debts incurred to stay afloat or the wages for any CEO to remain interested.

UKEN is a separate company nothing to do with UKOG, again making very outlandish assumptions over resources and already talking hundreds of millions. My guess is that will keep on producing negatives and any first investors diluted to nothing because it's a seven year play they start with a few million but blow through hundreds more killing any reason to even get in before it has actually come close to profits.
Posted at 29/1/2024 21:07 by honfacifi
Nope I think we all want a share price rise but that would have to be to pre investment levels and that's what we're all complaining about since there doesn't seem to be any future in Turkey or the Weald or enough oil to ever move this up rather down to delisting which without changing Nomads and taking really bad finance deals from YA and RF would already have happened. Not only that but if they did a share issue to pi's I doubt it would generate any financing hence why RF and YA were last saloon type lenders before the inevitable of which YA and RF have a habit of finding and more so recently looking at their investors who complain similar to us that it's fortunes and future are looking very bleak, RF barely derived enough profit last year and share price is going only one way too.

All this seems to be far too apparent when rampers like you start calling everyone activists and offer nothing but hate, I mean that's all you got left those ramps on HH being a gusher and lovely let alone Turkey seem all but done for now we've been patient like you asked!

But hey ho I believe there's this visible gold from Clogau you said was there were all dying to see instead of thinking that was mere lies to trick investors in to long term disastrous holds.
Posted at 10/1/2024 12:05 by jammydodger2
Who would have thought it?

UK Oil & Gas PLC (London AIM: UKOG) announces that as part of the previously announced funding facility of 28 June 2023 ("Loan") and the 3 November 2023 update, it has delivered to RiverFort Global Opportunities PCC Limited and YA II PN Ltd ("Investors") a third tranche of ordinary shares ("Equity Shares") in relation to the first cash sum received of £2 million gross. The first three tranches of Equity shares have now been converted at the Investors' discretion to repay the Loan, the balance of which now stands at approximately £0.8 million.



The Investors converted the Loan's second tranche of 1,424,487,652 shares at an average price of 0.025 pence per share. The third tranche of 1,087,649,954 shares being converted at an average of 0.022 pence per share. The conversion price in both cases was made at the Variable Price, being equivalent to 100% of the Company's lowest daily volume weighted average price ("VWAP") in the 15 trading days preceding the conversion date or the date the Equity Shares are applied to discharge the Loan.
Posted at 18/10/2023 18:34 by honfacifi
What's been spelled out is the hiding of certain results, flow test data interpretation and the lack of completion or explanation of promised RNS works.

I merely support not instigate.

If investors feel that way the only downside is losing in court,they are freely able to petition the court to look into it.

The answer is either a total incompetence or that results were manipulative.

That's how the high court works which SS will attest to as will DL.

The end result is their companies are brought into disrepute and lack investors due to previous action taken.

It's not childish it's just business and now UKOG seem to want to consolidate and move on into a sister company plugging hydrogen storage it's upto UKOG investors as to whether this happens or the ramping meets a dead end.

Billions of recoverable oil yet no well has a flow rate above 50-60 barrels/d is enough for me to look at this eight year saga as their next money grab to line their own pockets.

The sensible companies would quit the Weald until such technology and rigs exist to actually define the resources and remove them into a profitable market although by then we won't be so oil dependent.

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