United Oil & Gas Share Discussion Threads

[dorset64] 23/8/2018 09:26

Excellent news yet again and more progress made. The bit about potential partners knocking their door EVEN BEFORE this was announced officially speaks volumes about the asset. Could well be we get a free ride on this project and can concentrate our resources elsewhere.

Excellent progress being made and like others, I would seriously on an announcement of a free carry farm in on this project, if achieved, put us much closer to 15p with Jamaica than the 5p we are today.

If you're ever going to invest in UOG now is most certainly the time.

[tektonik] 23/8/2018 09:24

Classy stuff from the team at UOG in the last week. A fantastic example on keeping shareholders informed, building enthusiasm via a fantastic investment case - both in management and assets and backing it up by swiftly delivering positive news.

[soulsauce] 23/8/2018 09:14

maverick I get a feeling that as soon as the summer holidays are at the back of us and we move closer to Colter we will be much nearer 10p.

The MMs don't help here with the spread.

[maverick247] 23/8/2018 08:57

10p £30m cap would not be out of place here especially with colter coming upBroker target before todays news and full jamaica seismic analysis was 15pRecent note said on confirmation of moving forwards with jamaica risked valuation could yield several multiples too!

[trendspotting] 23/8/2018 08:44

Coverage has started - [...]

[pauliewonder] 23/8/2018 08:38

Fabulous RNS this morning. I like the bit about farm in partners which would most likely reduce dilution when / if bringing to production. Also, in the recent interview on Vox BL talked about having multiple approaches for farm ins from majors. Wonder if it related to these blocks as they would have had an idea they were getting it. Surely we challenge 10p in the coming days / weeks. This is a steel at these prices and it keeps getting better by the week. Hugely positive. Good luck all investors. Not long now

[soulsauce] 23/8/2018 08:22

Happy days 😉

[trendspotting] 23/8/2018 08:16

Whose ready for a volcanic eruption in the making.....Only just saw this RNS and read the following:


Highlights:

·    Award of Blocks 15/18d and 15/19b in the North Sea which includes the Crown Oil Discovery, with estimates of up to 16 million barrels of recoverable oil

·    Discussions with potential farm-in partners can now commence, with interest already received highlighting the quality of the asset

·    Significant growing interest in the North Sea as an attractive low-cost hydrocarbon jurisdiction - licence highlights the team's ability to identify and acquire projects in attractive jurisdictions

·    United's portfolio already includes commercial discoveries, appraisal projects and high-impact exploration

·    Multiple value-adding events occurring in the next few months including appraisal drilling of UK near shore Colter Discovery Â


How this is not in double digits is beyond me. That said, it is extremely difficult to buy in large quantity.

Demand is there so bottle top will flip soon enough. Watch out for the larger buys to come.

[bountyhunter] 23/8/2018 07:43

I like the way that UOG is progressing on several fronts any one of which could be transformational given the tiny market cap of 14m.

[adorling] 23/8/2018 07:26

No stopping these ex-Tullow boys here. Building a future mid-tier oil company. Still at ground floor investing value for assets already secured.

[maverick247] 23/8/2018 07:19

And its appraisal higher CoS too

[maverick247] 23/8/2018 07:15

16mmbbbls est recoverable license award - united can farm it dow too or free carry Company just keep delivering

[mirabeau] 23/8/2018 07:06

This looks interesting

[moormoney] 22/8/2018 16:55

Soulsauce thanks for posting, exciting opportunity and I liked the way Brian was straightforward and didn’t overhype the company. I shall keep adding.😁

[mustbefunny] 22/8/2018 15:22

UOG is main market not on AIM

[tektonik] 22/8/2018 13:25

Spot on Dorset - Management, timing, and developing assets. Sounds like a familiar motto!

[maverick247] 22/8/2018 12:51

Aim darling of 2018/19 i have no doubt personally

[dorset64] 22/8/2018 10:34

A long long long way to go yet, but boy what an amazing little company we have invested early in here. If all the ducks line up over the next couple of years, you can only take a wild guess at where the share price be.

As ever, with such a small cap O&G outfit a long-term view is essential but even more so, the quality of the BoD's and their contacts/know how come first and we have that in abundance.

The best thing for a long term investment is to get in early and anyone buying now imo is doing exactly that, and I am more than happy to keep adding over the coming months & years if the story keeps improving along with the share price.

[fbrj] 22/8/2018 07:38

Tektonik - thanks for the link. A worthwhile viewing/listen and good summary of what is happening with the portfolio.You certainly can't accuse BL of being unenthusiastic!!

[spangle93] 21/8/2018 23:02

"Why would you do an equity raise now when the share price is going to re-rate in the next few months"

[tektonik] 21/8/2018 16:40

hxxp://www.proactiveinvestors.co.uk/companies/stocktube/10186/-huge-amount-of-activity-ahead-for-united-oil-gas-as-all-projects-advance-10186

Another amazing interview.

[griffin81] 20/8/2018 12:57

The interview last week with Brian was excellent, I'm not sure people have realised how close the drill at the Colter prospect is, or just how many significant other opportunities and licences they have secured and are actively progressing. Personally I'm here long term for the big prize in Jamaica, however the near term opportunities are company making in their own right. It's incredibly undervalued at these levels, but I doubt it will be around here for much longer. There are simply too many catalysts to drive growth.

[tektonik] 20/8/2018 10:36

Agreed, looking good this morning. 15m market cap - should really be double this at this stage factoring what has been achieved in the last year. IMO DYOR.