Register
Login:
Share:
Email Facebook Twitter


London South East Natural Resources Briefing webcast: #Emmerson #Alba #Condor Gold #Gold analysis
Angus Energy in talks to buy 'transformational' gas asset in North England




Share Price Information for Uk Oil & Gas (UKOG)


Share Price: 1.025Bid: 1.00Ask: 1.05Change: 0.00 (0.00%)No Movement on Uk Oil & Gas
Spread: 0.05Spread as %: 5.00%Open: 1.05High: 0.00Low: 0.00Yesterday’s Close: 1.025

Uk Oil & Gas Plc Ord 0.01P

Uk Oil & Gas is part of the IT Hardware sector






Share Price SpacerPrice
1.025
Share Price SpacerBid
1.00
Share Price SpacerAsk
1.05
Share Price SpacerChange
0%0.00
Share Price SpacerVolume
41,948,849
Share Price SpacerOpen
1.05
Share Price SpacerHigh
0.00
Share Price SpacerLow
0.00
Share Price SpacerClose
1.025
Share Price SpacerCurrency
GBX


Currency Issue Country Shares in Issue Market Capitalisation Market Size
GBX GB 6,047.61m £60.48m 300,000

52 Week High 2.85 52 Week High Date 2-JUL-2018
52 Week Low 0.95 52 Week Low Date 8-JUN-2018

# Trades Vol. Sold Vol. Bought PE Ratio Earnings Dividend Yield
134 15,296,653 25,045,549 -2.439 -0.41 0.00 0.00


London South East Users info for Uk Oil & Gas




Date
Time
Trade Prc
Volume
Buy/Sell
Bid
Ask
Value
 

24-May-19
17:09:05
1.025
427,477
Sell* 
1.00
1.05
4,382
Trade Type:
Ordinary

24-May-19
16:27:41
1.0299
150,000
Buy* 
1.00
1.05
1,545
Trade Type:
Ordinary

24-May-19
16:03:45
1.0299
116,053
Buy* 
1.00
1.05
1,195
Trade Type:
Ordinary




View more Uk Oil & Gas trades >>

Directors Deals for Uk Oil & Gas (UKOG)
Trade DateActionNotifierPriceCurrencyAmountHolding
23-Oct-15Notification of Holding
Trade Notifier Information for UK Oil & Gas Investments
Kiran Morzaria held the position of Finance Director at UK Oil & Gas Investments at the time of this trade.
 Kiran Morzaria
004508178
View more Uk Oil & Gas directors dealings >>


EOGL
Posts: 9
Opinion:No Opinion
Price:1.025
RE Have The Other
Today 00:50
Mirasol,
Ref you're 17.06, partner approval of capital expenditure by the operator is governed by the JOA. as it happens, Penguins referred to this in his post at 20.18. usually this means a vote to approve the JV budget at the beginning of the year. The operator would not proceed with well-planning or rig contracting unless this was in place. The approval will have a pass-mark. At a later date, the operator will issue an AFE to cover the cost of the well. This will also require approval by a certain percentage of the equity interests.
The actual contracting of the rig will be done by the operator. It would be unusual for a non-operating partner (Magellan) to get involved in the rig contract, for example. HHDL should only require Magellan's approval of the AFE. As mentioned by others, there will also be provisions for default or sole-risking in the JOA.
GLA
warik
Posts: 399
Opinion:No Opinion
Price:1.025
wait
Fri 22:06
This 5 weeks wait is feeling like 5 years especially SP keeps dropping day after day and I dont know who's selling it so cheap must have bought for 0.000001 or got them free.

Bloody idiots are destroying it for all the holders.

Alba stated EWT permission ends in May so how SS will continue with EWT on KIM baffles me? Does anyone know how this works?
warik
Posts: 399
Opinion:No Opinion
Price:1.025
RE: Have the other
Fri 21:19
4 wells and 1 water support well need around 15m for works that will be more dilution I dont care get it done I'm looking at 7 to 7.5b shares nobody's will offer money as loan there are no profits yet.
Oakleak
Posts: 2,025
Opinion:No Opinion
Price:1.025
RE: Have the other
Fri 21:05
Free cash flow sometime in 2020, probably H2. Maybe somewhere between 6.2 and 7 billion shares in issue at that time. So after that, we have a 50% share of 3500 bpd and funds to either drill with profit, or lend against revenue stream. Between now and then.... Anyone's guess. If he has to raise to get horsehill production ready or drill HH3, let's hope its few pennies higher than now. GL.
Penguins
Posts: 1,364
Opinion:No Opinion
Price:1.025
RE: Have the other
Fri 20:18
Argus,

I've only ever seen mention of Magellan/Tellurian being carried through HH-1 drilling, testing and completion. Any future work programme beyond HH-1 wouldn't have ben known in 2013, and it's highly unlikely an open ended carry for more wells would have been agreed to by HHDL.

This from a Tellurian press release:

'The Horse Hill-1 well lies within the license area of PEDL 137. Pursuant to a farmout agreement executed in December 2013, HHDL is the operator of and owns a 65% interest in both the license and the well, and Magellan is carried 100% for its 35% share of the costs of this well, including drilling, testing, and completion costs'.

The upcoming well and sidetrack is a licence obligation (RA is Retention Area for PEDL 137 and 246), from RNS 4/4/2017:-

'The RA work programmes, now agreed with OGA, comprise; the planned Horse Hill-1 ("HH-1") Kimmeridge and Portland production tests, HH-1z Kimmeridge Limestone ("KL") and HH-2 Portland appraisal wells, 50 kmĀ² of 3D seismic, 25 km of 2D seismic and a PEDL246 exploration step-out well.'

......and sole risking is not possible as the obligation work is not complete (from JOA in Re-Admission Document):-

'Any participant may undertake sole risk drilling or development once all working obligations have been completed and such sole risk drilling will not cause any conflict with any approved programme at the cost and expense of the participant carrying out such project.'

So either Tellurian pay, and have a say, or they get another carry, or they sell out. If they default paying for obligation work they lose their interest in the licence which could revert to HHDL.
View more share chat for Uk Oil & Gas (UKOG) >>







Share Price, Share Chat, Stock Market news at lse.co.uk
FREE Member Services
- Setup a personalised Watchlist and Virtual Portfolio.
- Gain access to LIVE real-time Regulatory News (RNS).
- View more Trades, Directors' Deals, and Broker Ratings.
Share Price, Share Chat, Stock Market news at lse.co.uk











Datafeed and UK data supplied by NBTrader and Digital Look. While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.