United Oil & Gas Share Discussion Threads

[seagullsslimjim] 20/12/2019 15:36

Well the weekend should see some positive press coverage and also weekend reading of bulletin boards by others.

Win win in my eyes on that front.

[soulsauce] 20/12/2019 15:31

Good to have you aboard seagulls.

[seagullsslimjim] 20/12/2019 15:22

Well i just topped up with £10k more at 3.77p

The investment case is too overwhelming at the current market cap.

[bountyhunter] 20/12/2019 15:14

Great news, the earlier posts today turned out to be spot on!

[jibba jabber] 20/12/2019 15:04

Costax1654x is long in NMC from £18!!! PMSL

[soulsauce] 20/12/2019 15:02

I agree cash, quite a turn up for the books. There is no doubting it is very significant.
I should imagine they will be wanting to drop some more seismic on the area to greater to understand the massive increase in pay?

[the manini] 20/12/2019 14:58

For anyone new here this new discovery is grabbing the headlines today and rightly so but there is a hell of a lot more to this company than this discovery and deal. Do your research and you'll see why I believe this could be one of the shares of 2020 and have invested over £100K here. Future mid cap oil and gas producer in the making imho PDYOR.

[rumobejo] 20/12/2019 14:57

Costax1654x trolling such xmas rns, PMSL

[cashandcard] 20/12/2019 14:50

soulsauce,


I have to admit, even if they only saw one third of the headline number (pro-rata 22%), that's a good uplift on the baseline of this deal. Where could this go nextyear given they will have an increasing production and reserves base?


Cash

[costax1654x] 20/12/2019 14:46

It was only for those who thought that UOG had achieved 7000 bopd!

[soulsauce] 20/12/2019 14:45

Costa a 1000 extra barrels for free on top of the 1120bpd they have bought. LOL I will take that from a base of producing nothing.

[costax1654x] 20/12/2019 14:41

Just pointing the idea that the best uog might end up is 1000 bopd!All the pumping is to trick newbies!

[marvelman] 20/12/2019 14:39

Soulsauce...any idea of the revenue per barrel being achieved in Egypt?

[aimbagger] 20/12/2019 14:37

If you did some research you would know that the deal was agreed with RKH at 800bopd so this is a significant uplift. RKH holders must be very upset!

[costax1654x] 20/12/2019 14:35

Only 1400 bopd(22%)!In a few days we might see the number!Might drop to 5000!

[soulsauce] 20/12/2019 14:32

We only have 22% of that 7000bpd, still very significant, granted. And with the new shares to come in to issue the market cap isn't £15m. Use 619m shares in issue.

[jackjackpaul] 20/12/2019 14:25

7000 BOPD at £15m market cap seems very very cheap.. Can see this closing at 6-7p levels today

Highest ever volumes also

[jackjackpaul] 20/12/2019 14:25

Celestial
@Cele7tial
·
3m
#UOG First target 5.3p, then 9.8p. No advice.

[cpap man] 20/12/2019 14:22

Really? Look at the volumes!

[costax1654x] 20/12/2019 14:21

3.5 by Monday morning!Placing shares

[rumobejo] 20/12/2019 14:20

469,540 snapped, it was tough

10p GLA

[costax1654x] 20/12/2019 14:19

Is going to drop to 3.5

[cpap man] 20/12/2019 14:11

Well my minimum share price target given to soulsauce for UOG for 2020 of 6.5p will now have to be uplifted

Perhaps UOG will go on to hit at least 10p during 2020 and maybe much more?!?!?