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EXCLUSIVE: Petro Matad announce fully funded 4 well Mongolia campaign
#AST: Board changes and new strategy for Ascent as Hutchinson looks at new projects


Uk Oil & Gas Share Chat (UKOG)



Share Price: 1.175Bid: 1.15Ask: 1.20Change: -0.05 (-4.08%)Faller - Uk Oil & Gas
Spread: 0.05Spread as %: 4.35%Open: 1.225High: 1.25Low: 1.175Yesterday’s Close: 1.225


Share Discussion for Uk Oil & Gas


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Posts per page:

cockernhoe
Posts: 3,187
Opinion:No Opinion
Price:1.175
RE: RNS
Today 18:55
Wow everyone this is the best RNS since records began by as many shares tell all your friends sell that houses raise mortgages you must be able to buy and by and by this is brilliant. All in my opinion of course.
 
Rodders74
Posts: 1,276
Opinion:Strong Buy
Price:1.175
RE: RNS
Today 18:50
I can't wait to own 0.2% of £500 million MCAP. I'm tempted to buy more, but would have to sell up some investments in a few healthy equity funds which have served me well...
Ninetails
Posts: 1,184
Opinion:Hold
Price:1.175
RE: RNS
Today 18:49
I am sure Newchurch will be available if asked nicely
sbj130507
Posts: 331
Opinion:No Opinion
Price:1.175
RE: RNS
Today 18:43
Isle of Wight tanker spotting will be a hoot, remember to account for the ferry cost lol 😂
Rodders74
Posts: 1,276
Opinion:No Opinion
Price:1.175
RE: RNS
Today 18:42
MCAP has dropped, I'm underwater. So yes Seadoc it's value is presently less than the original investment... dur!
ocelot
Posts: 5,037
Opinion:No Opinion
Price:1.175
RE: RNS
Today 18:41
or about 11m shares.

That's quite a large investment in my book.
seadoc
Posts: 789
Opinion:No Opinion
Price:1.175
RE: RNS
Today 18:21
Rodders, Forgive me but I thought you had more. Have you misplaced the decimal point or are my sums wonky? 0.2% of £65.7m is only £131400?
Insidious
Posts: 2,085
Opinion:No Opinion
Price:1.175
RE: Solo
Today 18:19
5p and 5.5bn shares what would be our mcap?
Salp
Posts: 1,749
Opinion:Strong Buy
Price:1.175
Price held down
Today 18:19
Just a matter of time then mm will have to let this go.

GLA
risk32
Posts: 12
Opinion:No Opinion
Price:1.175
RE: Solo
Today 18:17
'The Portland layer alone justifies a price well over 5p'

Free-money, how do you work that out please?
3cardbrag
Posts: 4,062
Opinion:No Opinion
Price:1.175
Rodders re RNS
Today 17:50
Touchy. Tell you what I'll pop back in 3 months to see what (A) SP is and (B) How many shares are in issue.
Meanwhile every action has an equal opposite reaction. Every deramper has an equal opposite ramper.
Scandic
Posts: 2,164
Opinion:No Opinion
Price:1.175
RE: RNS
Today 17:48
Well Argus not sure that is a fair correlation. There have been ill doings at all levels in the world whether by share owning directors or not.

My view remains directors should be invested in the companies they direct

Agree this does not guarantee honesty so I accept you are correct.
StoneFold
Posts: 546
Opinion:No Opinion
Price:1.175
OT Protestors cause pollution.
Today 17:44
https://www.theguardian.com/environment/2019/jan/22/fracking-polluted-kirby-misperton-yorkshire
22-01-2019

Study finds, increase in air pollution at drill site caused by actions of protestors.
Protestors wood fires and vehicles.
Vehicles of police used to control protestors.
Increased waiting/idling slow running of suppliers vehicles (and passing local traffic) because their path was obstructed by protestors.
argus1
Posts: 4,794
Opinion:No Opinion
Price:1.175
RE: RNS
Today 17:41
Obviously skin in the game means very little then.
argus1
Posts: 4,794
Opinion:No Opinion
Price:1.175
Takeover
Today 17:40
Scandic has posted at 17.07 that there is seen a list of companies interested in a takeover of Ukog.

That is great news, any further details Scandic.

Is it for the whole of Ukog or particular assets.
Scandic
Posts: 2,164
Opinion:No Opinion
Price:1.175
RE: RNS
Today 17:36
Argus

You are correct about the Angus directors' fiasco.

Who can one trust?!

Clearly not them.
argus1
Posts: 4,794
Opinion:No Opinion
Price:1.175
RE: RNS
Today 17:34
Scandic, how did you find out there was a take over queue.

Where can it be viewed.
argus1
Posts: 4,794
Opinion:No Opinion
Price:1.175
RE: RNS
Today 17:32
Scandic, how is your "skin in the game" ploy going.

How do you know Solo have not found a buyer?
Rodders74
Posts: 1,276
Opinion:No Opinion
Price:1.175
RE: RNS
Today 17:24
The Solo buy out at How is not a placing in the open market to raise cash is it? It's a mere 17 million shares of very low value.. why give them cash when it's a small value? I own close to 0.2% myself. So compared to the IoW buyout of Solo, it's baby dilution.
SlowRoll
Posts: 258
Opinion:Hold
Price:1.175
RE: This dilution
Today 17:22
Arrogant! but not dilution if the asset acquired is worth what was paid, or more.
Insidious
Posts: 2,085
Opinion:No Opinion
Price:1.175
RE: RNS
Today 17:14
You forgot two tankers a day..
goldforefinger
Posts: 770
Opinion:No Opinion
Price:1.175
RE: RNS
Today 17:14
More deramping, give it a rest.
Scandic
Posts: 2,164
Opinion:No Opinion
Price:1.175
RE: RNS
Today 17:07
Rodders

Such hype and excitement. So much cash so many wells no need for placings except yesterday.

But pray why the pathetic share price?

Why can't Solo find a buyer?

Why aren't the majors in the takeoverqueue?
Heid
Posts: 6,549
Opinion:No Opinion
Price:1.175
RE: Guess the future price!
Today 17:04
Two years plus I would hope for a successful company with a decent share price.

IMO.
Rodders74
Posts: 1,276
Opinion:No Opinion
Price:1.225
RE: RNS
Today 16:55
£12.5 million cash in the bank in August 2018, see the RNS from then. Plus cash from this EWT. 6 more wells to drill at HH at a 47% cost to UKOG. £18 million drill costs at HH, total cost to UKOG less than £9 million. Then revenue from HH plus remaining balance to be used at BB and Godley Bridge... wait till that revenue stream kicks in. 3500 bopd or 1750 to UKOG at $50 profit per barrel, $87,500 profit per day... stick that on your BS Placing pipe and smoke it.




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