United Oil & Gas Share Discussion Threads

[soulsauce] 16/2/2021 14:47

No cpap, but holding this has felt like pushing a large object through a tight opening.

[the chairman elect] 16/2/2021 14:43

Are you having a baby?

[soulsauce] 16/2/2021 14:42

Nearly there, one last push.

[90005nelson] 16/2/2021 14:07

The company at the previous high and the company now are two different companies. We're in at the start of something really special here.

[fbrj] 16/2/2021 13:39

L2
2 v 2
3.4p v 3.6p

[parob] 16/2/2021 13:29

Now getting quoted 3.59p to buy so looks like those 3.5p shares have been cleared.

[bozzawozza] 16/2/2021 13:29

And we're off to the races

[the chairman elect] 16/2/2021 13:25

Please find attached the video link to United Oil & Gas’s present production update and strategy for ASH-3 well at the Abu Sennan Project.







Following the results from the ASH-3 well, CEO of United Oil & Gas, Brian Larkin comments:



‘We’ve had some very good results so far. The well has come in under budget and ahead of time. […] We’ve encountered 27.5 metres of net pay so are very pleased with the operations and the result.’

[fbrj] 16/2/2021 13:12

Prompted me to check too - May 2018, 1st buy! Highest paid 5.5p. Had quite a large holding at one stage (5m+ shares). Averaged down and then sold down. Now hold 1.7m.
B/E is 3.5p - so just about to get there by the look of it - an historic moment!

L2 2 v 1
3.4 v 3.5

That MM on 3.5p has been there since 8.00am this morning! About 1.25m shares bought at 3.50, surely it has to be shifted soon?

Edit: delayed 1m at 3.50 just gone through and following next buy that MM has moved his offer to 3.80

[soulsauce] 16/2/2021 12:28

Lol Spangle ditto.

But good to see it at least strengthening. Once it closes above the 3.6p Sept high we might be lucky enough to see it test 4p.

[spangle93] 16/2/2021 12:24

Any chartists know at what price we break the 3 year downtrend?

3 year downtrend - OMG!
I just checked - I've held these for 2 years and 10 months. Sigh :-(

[ander] 16/2/2021 12:13

SP looking quite good today. Hope it continues!!

[parob] 16/2/2021 10:41

Any chartists know at what price we break the 3 year downtrend?

[parob] 16/2/2021 10:40

So so close to breaking out guys, and I think it could be fast once we do.

[theuninvitedguest] 16/2/2021 09:54

Cant watch the interview at thr moment. Assume that is rates nkw? Be nice to pass 3000 once new well is online

[croasdalelfc] 16/2/2021 09:37

https://youtu.be/DVVdzUaNSeM

[croasdalelfc] 16/2/2021 09:36

Production over 2500 boepd according to Mr Larkin

[parob] 16/2/2021 08:40

Oh S### that's what I meant!

[spangle93] 16/2/2021 08:33

A higher low, I think?

[parob] 16/2/2021 07:07

From experience, the longer the share price is held in a trading range, the bigger the move once it finally breaks out of it. And look how long we've been held in a range.Brent is above $63 and looks close to breaking out on the chart.As someone else mentioned yesterday, other oilers have been making their moves, just a matter of time here IMO.Cenkos upped their share price target to 26.6p yesterday.

[valhalla3] 15/2/2021 22:33

Days like this remind me why I started drinking. There's not a Musgrove on the bod is there? $=#