United Oil & Gas Share Discussion Threads

[dorset64] 16/1/2018 10:24

Had to read the headlines twice, thought they said Carillion at first glance lol.

As you say Maverick, only 6 months in and signs of a nice Co. being formed here. Good to get in early on this one.

[maverick247] 16/1/2018 07:41

Excellent news on the Corallian farm out appraisal well near to existing waddock assetThats two drills in H1 now in addition to podere salva italian asset flow results due imminentlyCompany only listed 6 months and delivered two fund raises at progressive share price and two additional deals on top of existing two assetsV pleased shareholderSeeking further acquisitions too

[cpap man] 12/1/2018 07:55

United Oil & Gas Plc

Podere Maiar flow testing commences



United Oil & Gas Plc ("UOG", "United" or the "Company"), the London Stock Exchange listed oil and gas exploration and development company, announces that flow testing has commenced on the Podere Maiar 1 ("PM1") well on the Selva Gas Field in the Podere Gallina licence.



The Company is pleased to announce that it has been informed by the operator that flow testing on the PM1 well in Northern Italy has commenced today, and results will be reported next week.

[maverick247] 12/1/2018 07:37

Flow testing commencedResults next weekExpecting new deal soon too from recent fundraise

[dorset64] 08/1/2018 14:41

my top pick for 2018 is ARS but am now buying a few here too as the story looks increasingly good. Good luck all.

[cpap man] 08/1/2018 14:15

Interesting that all large holders either stayed the same or increased their holdings in UOG in that recent small placement prior to the Christmas and New Year holidays.

Wonder why?!?!?

[cpap man] 08/1/2018 14:10

Yes agree maverick247 tons of news flow to come including news of mega deals with majors no doubt!

UOG are my top pick for 2018

[maverick247] 08/1/2018 14:08

Btw took part in both ipo and placing and holding over 1 million shares Wont be slicing until jamaica drill in the meantime i expect continuous news flow and deliveryOne of my personal top picks for 2018

[dorset64] 08/1/2018 14:07

Bit of a swift turn around, all of a sudden.

[maverick247] 08/1/2018 13:24

Indeed just starting a rich newsflow period too

[cpap man] 08/1/2018 13:15

Looks very much like another buying opportunity to me at UOG ahead of further news flow!

[cpap man] 03/1/2018 08:35

PXOG are up by circa 9% on the back of market whispers over the Italian drill [flow rates]

Time for UOG who hold a higher % to join in todays share price rises!

[cpap man] 02/1/2018 13:05

No wiseacre [not to my knowledge anyway]

[wiseacre] 02/1/2018 13:00

Was there a New Year tip somewhere?

[cpap man] 02/1/2018 12:55

LOL caters is a TROLL - take a look at the PXOG thread!!!!

[caters] 02/1/2018 12:47

Fine. let's park it there.

Good luck.

[griffin81] 02/1/2018 12:44

Great start to the year so far, I'm expecting big things in 2018, and this is the stock I anticipate has the potential to deliver multiple X returns in my portfolio. Cash was raised in December for a reason, now we just need the deal to be announced and things get very interesting. Happy new year to all shareholders here!

[griffin81] 02/1/2018 12:39

Caters, the auditors resigning is the standard process when they are being replaced. I have changed auditors a number of times in companies I own, usually because I was offered better value for money, or greater depth and breadth of services by a new auditing practice. If the accounts were due to be published next week, I would be a little concerned, but the next accounts are not due to be published until the 30th June 2018, which clearly implies this is a controlled replacement with the new auditors having 6 months to complete and publish audited accounts.

[dorset64] 02/1/2018 12:36

caters, I suspect you too have been round the block long enough not to believe anything you read on these BB's except for your own research. For you to lambast me for saying to contact those involved but rather believe someone on this BB does not quite ring true.

I do not know the answer to your question so if the answer is a totally innocent answer, you never know by phoning them you might just get a reply but hey, you won't so there's your answer. End of convo for me.

[caters] 02/1/2018 12:25

Dorset,

The auditors have no authority or obligation to answer my questions. They have discharged their legal duty by informing the company and by sending a copy of their letter of resignation to Companies House.

The company itself is under no obligation to answer my questions and I'd be wasting my time asking them, for crying out loud.

Sometimes one can't get a lot of info on these matters and all we have to go on is the letter of resignation, in fact for UOG, two letters of resignation.

You've been around the block long enough and I'm really surprised that, with your experience, you'd expect some private investor to get any answer, yet alone the right answer, by phoning either the ex-auditors or the company itself.

Why do you think the Companies Act places a legal duty on the auditors to inform Companies House that they have resigned even if it's just to say that there are no circumstances which they consider should be brought to the attention of members or creditors of the company?

Be grateful that at least the Companies Act has this provision of disclosure because most times this is the best you'll get when an auditor resigns.

[dorset64] 02/1/2018 12:09

lol caters, so you won't ask the auditors a question in fear of being given wrong information, but you do ask on a free to air BB? Even you must see the hypocrisy there!!

[caters] 02/1/2018 12:01

Think what you like :-)

[cpap man] 02/1/2018 12:00

Sorry caters but that last post of yours makes me think that you are indeed a TROLL

[wiltshireram] 02/1/2018 11:58

Dorset - they are additions

[caters] 02/1/2018 11:52

Dorset

If I asked, do you really think I'd get the right answer?

But thanks for the tip.