Buy
Sell
Share Name Share Symbol Market Type Share ISIN Share Description
United Oil & Gas Plc LSE:UOG London Ordinary Share GB00BYX0MB92 ORD GBP0.01
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.05 -1.64% 3.00 2.90 3.10 3.155 3.00 3.05 2,213,721 14:16:01
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 0.0 -2.0 -0.6 - 19

United Oil & Gas Share Discussion Threads

Showing 1651 to 1675 of 4225 messages
Chat Pages: Latest  73  72  71  70  69  68  67  66  65  64  63  62  Older
DateSubjectAuthorDiscuss
20/3/2019
13:46
Can someone tell me why this share has reached a new low? Quest que c'est le probleme?
wiseacre
20/3/2019
09:31
Debz, obviously hedged to an extent with production lines upfront from two assets plus inherent value in portfolio. Plus cash of 4m
snickerdog
20/3/2019
09:30
Small sells low volume.
snickerdog
20/3/2019
09:29
This was my hot tip this year fast becoming my dog.Do not wish to average down any more.
debz3
20/3/2019
08:56
And now back even lower. Thanks for the link Spangle.
soulsauce
20/3/2019
06:55
The presentation they referenced is on the website at: hTTps://bit.ly/2OuToYM. They only covered a few of the slides (Colter, Benin) in detail.
spangle93
20/3/2019
04:59
Should be, the last one's on their website...
the manini
19/3/2019
23:11
Any idea if the investor conference call will be made available?
pauliewonder
19/3/2019
22:32
The bid strengthened a lot with the move, and by end of day had strengthened considerably for those wanting stock
snickerdog
19/3/2019
16:45
Tunley all they have done is widen the spread again so it only looks like a win. Annoying isn't it.
soulsauce
19/3/2019
16:32
Weird isn't it - HUR: Final link in the chain at least mechanically to produce 17,000 bopd and Hurricane are up 0.4% UOG: Issue a really powerful, fact based presentation that in most industries would have brokers yelling 'buy! buy! buy!' and what? They recoup yesterdays 0.1 pence drop RBD: follow on from great news in California with a slight delay in Parta and get cudgelled down by 12.5% There's so much hot money chasing tails in this O&G exploration area that us LT holders just get kicked from pillar to post on what? Nothing of any long term consequence!
tunley
19/3/2019
14:06
Indeed - though I was hedging a bit... if the terrain is swampy like the adjacent Nigerian deltas, it's cheapER rather than cheap
spangle93
19/3/2019
13:49
The fact Benin is onshore by definition should make it cheaper than Walton Morant.
tektonik
19/3/2019
13:33
Snickerdog - aye, doubts more so to do with the quality of certain assets, and the timeline to significant events. I'm still less convinced that the Crown, Acle, and onshore UK exploration licences will deliver meaningful value than they are. But my impression is that corporate activity will continue apace this year. But boy, the guys are rabidly ambitious. There was a particularly insightful discussion towards the end around the share price - are they frustrated with where it is now, and where the share price would be in 1 and 2 years time. BL said more than once that their aim is to reach a £100MM market cap as quickly as possible, and then after that, go for £250MM. According to the thread header as I'm writing this, the current M/cap is £12.8MM !! Likewise they said that a year ago the asset NPV was 7 MM and now it's 70 MM (units unspecified), and that's the pace they want to continue. edit - also the slide pack has more insights into Colter and Benin - the latter is real frontier but looks very interesting, and should be much cheaper to explore and develop than Walton Morant [my opinion]
spangle93
19/3/2019
13:13
Glad to hear that Spangle especially as you've expressed some doubts
snickerdog
19/3/2019
13:10
Very powerful shareholder call, some great new information and background, specially for folks who live too far away to attend shareholder evenings.
spangle93
19/3/2019
13:04
Thanks tt, much appreciated!
bountyhunter
19/3/2019
13:03
Had to jump off the investor call during the Q&A this is where I got to: Here are my notes from the Q&A for those that could not join or stay: 8-10 potential opportunities to be evaluated or currently under evaluation. 2 production opportunities in advanced discussions with large oil companies. Looking to advance at least one of these. Jamaica - target is to drill in 2020. Interpretation still ongoing. Next stage is to get into the joint venture/farm down process. Selva & Waddock Cross - focus is getting production online by 2020. Brian views the company as self-sufficient now. Entire exec team have felt the pain of the share price not performing, despite great progress. Focus is to continue to develop the business to build on consistency. Newsflow in the next 6months - Colter post drill work program, potential farm downs in Jamaica & Crown. New acquisitions into the portfolio. Development on Benin. Well planning on Waddock cross towards the end of the year. Opportunites are evaluated as stand alone projects. Looking at innovative financing structures, e.g. offtakes. There are options to reduce dilution. There has been encouraging discussions with banks. BL wants to grow the story, a number of different investor relations activity has occurred. He spends roughly 2-3 days in London/week, raising the profile of the company. Meeting with fund managers and institutional brokers. Active on podcasts and proactive. Going forward, quarterly shareholder calls will be held and will form part of the formal PR engagement process. Management cannot buy stock as they're in a closed period as a result of the volume of activity has taken place. The Exec team own approx 10% of the company as it stands. First couple of years, no salaries were paid - they are aligned with shareholders. When the share price goes down, they "absolutely feel it". They currently don't take big salaries compared to their peer group. In the longer term they believe the Mgmt team will be rewarded, hence are patient. They would love to buy stock, but it's not possible given what they're working on.
tektonik
19/3/2019
07:25
Not a chance, too well supported. Why do oil stocks always attract this type of comment
snickerdog
19/3/2019
07:17
Been watching from the side lines, chart telling me 3p and I’m in
best1467
16/3/2019
19:15
A good breadth of opinions makes for a healthy debate and is after all what makes a market.
the manini
16/3/2019
17:34
Hi Manini fair post and I am not going to argue against much of what you say, good to have a breadth of opinions. As I said I am still bullish. But I feel hermana hit the nail on the head.
soulsauce
16/3/2019
14:45
I must admit I wasn't expecting anything more than a Colibri cpr for Jamaica, if there's 20 other targets that would have taken too much time and been too expensive.This board seems to be getting more negative but personally I'm very confident of a positive reaction this year in the share price. The market always values around 18 months forward and later this year attention will start to focus on profits from Selva next year.Plenty more news still to come with progress on several projects. I don't know how far Colter South is from Colter North but it can't be that far if they thought they were hitting Colter North with the drill! All CEO's still seem confident (given UOG said anything over 4 mb would be commercial why wouldn't they?) and agree that more work needs to be done to analyse all the new data.We've signed a great option for another frontier region with huge upside potential and then there's the 'transformational deal' still to come, possibly two...I hear people posting about how long it's taking but people need to remember that they were very close to signing a deal and pulled out at the eleventh hour so the whole lengthy process of due diligence starts all over again so I never expected anything immediately. We want the due diligence done properly to protect our interests. From the way BL last spoke things sounded very close.Bulletin boards seem to veer from euphoria to despair and back again as the daily shareprice moves up and down. I take very little notice of them in a general sense. I focus on what the company have done and since I've been involved I think they've been very proactive and have added much value.The seller(s) may still be around BUT I stand by my previous comment that the large spike down on the big volume day will be the shareprice low point. PDYOR.
the manini
16/3/2019
10:51
So a lot depends on Brian delivering the transformational asset(s). Fingers crossed.
soulsauce
16/3/2019
10:04
[written before seeing Soulsauce post] Good discussion Over the last 18 months, UOG has become an asset acquirer. The key will be whether those assets actually deliver, and it won't be in 2019, which now Colter is over currently has very few material activities scheduled, apart from any hinted corporate deals. The Benin acreage from what we know at least, looks to have good potential, but an unproven operator. Not sure what is planned on Walton Morant now CPR is published. Selva will drag thanks to Italian bureaucracy, probably til 2H20. Waddocks Cross has a lot of oil in place and should be drillable, but need partners on board. Crown looks barely commercial with the CPR figure. Colter will be reimagined into Colter South, but its hard to see that they have enough information reduce uncertainty enough to move straight to development. Broadmayne - new land operations in nimbydom? Unlikely And Acle?? I don't see us turning a fast buck, but if it turns into Tullow 2 in 10 years, we'll all have done well
spangle93
Chat Pages: Latest  73  72  71  70  69  68  67  66  65  64  63  62  Older
ADVFN Advertorial
Your Recent History
LSE
UOG
United Oil..
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20210123 07:49:09