United Oil & Gas Share Discussion Threads

[thebigbadone] 25/2/2019 08:29

Not sure how anyone who has read this RNS properly can't see that this is extremely positive for UOG. Just got to wait 2 weeks that's all and we will have doubled our resource!

[mr.oz] 25/2/2019 08:12

It's positive Doubt removed Upside likely

[soulsauce] 25/2/2019 07:50

Exactly Bobby.

[bobby1904] 25/2/2019 07:46

Colter just one small part of the UOG story. The bigger picture is the driver here for me....

[soulsauce] 25/2/2019 07:33

Hmmm a bit of a gooley dropped on sighting of the well and now more expense to side track but more pay found. Bit of a neutral for me at the moment but hope market sees it positively and hope the sidetrack finds the original target pay.

[adorling] 25/2/2019 07:19

Hopefully Colter oil find will now see the beginning of a well overdue re-rate for UOG.

[debz3] 25/2/2019 07:12

RNS bonus mentioned do not see that word often in news good day ahead

[mr.oz] 24/2/2019 18:58

Seller been around for months

[techtrend] 24/2/2019 17:38

Exactly snickerdog "No capital to be raised on Admission."

[alamaison5] 24/2/2019 13:32

The selling is due to a shareholder 1) derisking b4 the Colter drill result 2) a holder not happy with the AIM move 3) a holder decision to cash in the profits (and also to derisk) Now for a rise, we need: the seller to stop and/or the drilling result Life is simple, let's not make it too complicated, lol and the chart which did point at 4p:

[snickerdog] 22/2/2019 20:45

Look at the AIM Schedule 1 release it says no capital raising will be done. It's a legal document scroll down on link belowhttps://www.investegate.co.uk/aim/rns/schedule-one-update---united-oil---gas-plc/201902201530016520Q/

[soulsauce] 22/2/2019 15:59

Yes alamaison I think a very dim view would be taken of a raising right now especially as Brian has assured so many that the move to Aim is all to do with liquidity and saving money.

[alamaison5] 22/2/2019 15:44

soulsauce: I've also saw that message. You are 100% right. Brian said it was hilarious and that he didn't get close to a broker for months. Also that he felt like a celebrity now that people recognise him in the street. No placing...I wouldn't be here otherwise :-), trust me on that!

[soulsauce] 22/2/2019 15:17

Mustbefunny according to a poster on lse Brian flatly ruled out a placing in answer to the twitter rumours. The selling is nothing new it's been going on for months but as I say I wonder if it has gathered pace this week ahead of the Colter result.

[mustbefunny] 22/2/2019 15:10

I'm putting 2 and 2 together and getting placing at 3.5 - 4p to go with aim move and 'transitional deal' . Finding it hard to fathom the persistent selling otherwise. Surely at current price company is worth a lot more even without Colter.

[soulsauce] 22/2/2019 15:02

alamaison wtf are you on about. Read my post again, I have mixed nothing up you top hat. It is quite feasible that some were hoping for some upside from the Jamaica cpr to sell in to to derisk for Colter. It didn't come so they have took some off the table anyway.

[1bokke] 22/2/2019 14:50

22k is buy.

[soulsauce] 22/2/2019 13:32

Hi Spangle don't know if you have looked on the RBD bb but alamaison is a bit of a tool.

[spangle93] 22/2/2019 13:16

alamaison - interesting document, thanks for sharing ref your conclusion, Colter is the 98/11-3 structure

[soulsauce] 22/2/2019 13:02

Bit of a nightmare here at the moment. Can only think folk were waiting for the Jamaica cpr to derisk for Colter.

[alamaison5] 22/2/2019 11:03

Even better: COLTER: hxxps://itportal.ogauthority.co.uk/web_files/relinqs/p1022.pdf Page 12: 98/11-1 structure is well placed for oil charge via the 98/11-2 fault block

[bountyhunter] 21/2/2019 17:59

On the Colter drill... Https://mobile.offshoreenergytoday.com/corallian-spins-drill-bit-on-colter-well-offshore-uk/ Should hit target depth next week as spudded Feb 6 and "The well is expected to take around three weeks to reach a planned total depth of 1,830 meters" which takes us to next Wednesday.

[1bokke] 21/2/2019 16:28

Was just thinking the same??