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EXCLUSIVE: Ascent CEO Colin Hutchinson with latest on review and permitting Watch Here

EXCLUSIVE: Ascent CEO Colin Hutchinson with latest on review and permitting


Uk Oil & Gas Share Chat (UKOG)



Share Price: 1.80Bid: 1.75Ask: 1.85Change: 0.00 (0.00%)No Movement on Uk Oil & Gas
Spread: 0.10Spread as %: 5.71%Open: 1.85High: 1.85Low: 1.725Yesterday’s Close: 1.80


Share Discussion for Uk Oil & Gas


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Davemulherron
Posts: 1
Opinion:No Opinion
Price:1.80
Continue being patient
Today 03:16
Light crude with little to no water content & no Well stimulation required to get black gold to the surface. Just a matter of time.
 
JiffyBag
Posts: 2,274
Opinion:No Opinion
Price:1.80
RE: summary
Today 01:09
Argus,

Very true indeed, hidden agendas, so very obvious.

Respect only to those that do own research and cite relevant documents, and then come up with valid arguments, but sadly so far are lacking in sufficient detail.
argus1
Posts: 3,614
Opinion:No Opinion
Price:1.80
RE: summary
Today 00:29
JiffyBag, many of those not looking at the real information before posting here have no interest in the facts, but are deliberately trying to cause confusion, disruption and mislead others for their own purposes.

Surprising how many of these posters opinions match so closely with those of TW and adapt to his latest website statements.
argus1
Posts: 3,614
Opinion:No Opinion
Price:1.80
RE: talk
Today 00:16
bobrad, try reading the recent RNS's, they will give you a reasonable idea of what is happening.

50% increase so far in rate of oil flow compared to 2016 test of the Portland.

Excellent potential.
JiffyBag
Posts: 2,274
Opinion:No Opinion
Price:1.80
RE: Sarir
Today 00:09
Argus Exactly,

Hypothetical example, 'Armchair Expert' here, I have 300 feet of reservoir bearing rock, but so far I have only perforated 100ft so far due to time restrictions etc on the last campaign.

Should I perforate another 200ft to maximise flows?

The answer is obvious even to non experts, is it not?
Schofield
Posts: 999
Opinion:No Opinion
Price:1.80
Seadoc
Today 00:08
You must be on 80 Marlboro and 50 Rennies a day you have picked the most dangerous shorts out there you are heading for a fall fella a big one and its going to be gut wrenching you may see yourself up on paper and the worlds good but when that changes to a ever increasing loss it gut wrenching . But it is your choice and your money.
JTTALV
Posts: 1,687
Premium Chat Member
Opinion:No Opinion
Price:1.80
RE: talk
Today 00:06
Thanks for the update.
argus1
Posts: 3,614
Opinion:No Opinion
Price:1.80
RE: Sarir
Wed 23:56
Sarir, very sensible factual post at 22.48.

Posters need to take note of those posting with real industry knowledge, not those with pretend concerns whose obvious agenda is to undermine confidence and mislead.
argus1
Posts: 3,614
Opinion:No Opinion
Price:1.80
RE: Sarir
Wed 23:50
Dorkingman, perforations are holes through the well bore into the formation to allow oil from the formation to flow into the bore. The more perforations the easier it is for the oil to access the bore.

Any formation fracturing aides the flow of oil to the perforations.
JohnnyB.Goode
Posts: 2,700
Opinion:No Opinion
Price:1.80
RE: talk
Wed 23:43
The pump has now been off the well since the 8th August ???
JohnnyB.Goode
Posts: 2,700
Opinion:No Opinion
Price:1.80
RE: talk
Wed 23:35
"does anyone really know what´s going on,".....Yes, Stephen Sanderson, George Frangeskides, Grant Roberts definitely do and a few other insiders.

http://www.horsehilldevelopments.co.uk/page.php?pID=2&page=Board+of+Directors

An update would be nice...What are these new perfs for and why was there no mention of them in the last update on the 3rd August? The original plan after the short-term high rate tests was...

"Forward EWT Plans
Following a planned further short restricted flow period and pressure build up test, flow will be further optimised to determine the well's sustainable long-term production rate and to test whether the well can recover a commercially viable volume of oil."

https://www.investegate.co.uk/uk-oil---38--gas-plc--ukog-/rns/portland-high-rate-flow-test-successfully-complete/201808031130057919W/
brotherant
Posts: 610
Opinion:No Opinion
Price:1.80
RE: talk
Wed 23:21
Only the people on site. I see it as one of these options

1). Bigger pump and more perfs for greater flow
2). Portland issues needing more perfs (but eyes on site said flare stack running) meaning the well was still flowing up to the last minute
3) perfing the kimms whilst the pump is out and will run tests on both layers
4) perfing kimm as Portland has finished

Not sure what else is could be
bobrad
Posts: 109
Opinion:No Opinion
Price:1.80
talk
Wed 23:10
does anyone really know whats going on,all this talk from folk, speculation,and rubbish,does anyone really know.bigger pumps,bigger this and bigger that.what is going on ?????
JiffyBag
Posts: 2,274
Opinion:No Opinion
Price:1.80
RE: summary
Wed 23:06
Too many 'Armchair Experts' , many of whom fail to do any research into the documentation that is already out there before coming on here with their theories.

Theories for that is what they are, but they are not at the actual coalface and that is the issue.
Sarir
Posts: 529
Premium Chat Member
Opinion:Strong Buy
Price:1.80
RE: Sarir
Wed 23:04
All will be revealed within the next few months, I’m very positive and will remain heavily invested in UKOG, but you need balls to be in the AIM Casino and I’ve got massive balls Night night all and good luck
Deefer
Posts: 157
Opinion:No Opinion
Price:1.80
RE: summary
Wed 22:57
There’s another one filtered, just for the comment alone!
Cindy888
Posts: 482
Opinion:No Opinion
Price:1.80
RE: summary
Wed 22:55
Concrete
Cindy888
Posts: 482
Opinion:No Opinion
Price:1.80
RE: summary
Wed 22:54
I wonder if the Italian mafia supplied the concert for the wells? (;
Dorkingman
Posts: 68
Opinion:No Opinion
Price:1.80
RE: Sarir
Wed 22:53
For now - for once - we agree. But i still stand by - why perf more when the portland is supposedly naturally fractured and with longer tests we can ascertain its sustainability and pressure. Its just a simple question. results over a few hours of testing are hardly commensurate with - hard testing and statistical , hard core evidence. leave the perfs, carry on longer tests on the portland. Why mess it up ?
jmhy
Posts: 2,559
Premium Chat Member
Opinion:Hold
Price:1.80
RE: summary
Wed 22:52
If you dont like share move on shut the fucxk up buy in some where else and give them your so called wisdom and leave this bb alone...pester another with your "wisdom"
Cindy888
Posts: 482
Opinion:No Opinion
Price:1.80
RE: Commingled test
Wed 22:49
Governing bodies in the UK don't mean anything to oil company's! There's more loopholes than a ***** all the environmental agencies will be focusing on is visual! There a total waste of space, everything they prech is out of a book from university, so real life exsperance or skills what so ever! Pen pushers.
Sarir
Posts: 529
Premium Chat Member
Opinion:No Opinion
Price:1.80
RE: Sarir
Wed 22:48
Dorkingman- I understand what your saying, but I find it hard to believe that the decision to install a bigger pump was SS alone, I worked with lots of oil field company men, Slumberger, Halliburton who made the decisions on site, for them to decide that we require a bigger pump, I would have thought the volume of oil was there IMO
Dorkingman
Posts: 68
Opinion:No Opinion
Price:1.80
RE: summary
Wed 22:45
They may think the near wellbore formation is suffering from either drilling muds (some skin damage), or that the formation has actually plugged off at the perforations and is limiting inflow to the wellbore. So simply go in and hot it with deep penetration guns again and blow more holes to hopefully access the cleaner formation behind. But i think this maybe deja vu - just blow the thing away with perfs - big guns. Sarir - what the hell do i know - i am not an oiler or a photographer.
jmhy
Posts: 2,559
Premium Chat Member
Opinion:Hold
Price:1.80
RE: Sarir
Wed 22:43
Dork where is your evidence ? I've been here since 2013 nought in at .06 stop shovelling shat upstairs and go deramp somewhere else
LEJOGB440
Posts: 7,259
Opinion:No Opinion
Price:1.80
RE: Commingled test
Wed 22:43
Cindy, they dont just do what they like. They have to follow OGA, environmental and planning consent.

Thats what is approved.




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