Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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... Rabobank warned that a cold winter will leave global storages practically empty.
“This would be a catastrophic scenario which the market is trying to solve for now by increasing (gas) prices so much that demand is forced to ration,” Rabobank said in a note. (Bloomberg)
https://www.theice.com/products/910/UK-Natural-Gas-Futures/data?marketId=5188705
Lol.
Reckon I might.
As you know though, it came from a surplus.
;)
Kiss goodbye to that grand then Swizz ?
From Bloomberg's end of day round-up:
Stockpiles of everything from gas to coal and Norwegian water for electricity generation are dwindling. It's a sign of revenge from "under-invested" legacy energy sources like fossil fuels, said Goldman guru Jeff Currie.
Brent now +0.95%
UKOG now -3.7%.
Lololol
Poor old Wizard.
Still trying his best.
Not quite as good as Merlin, not quite as funny as Tommy Cooper.
If you paid more attention you'd know that I'm in at the moment.
But then you're not interested and would rather spout rubbish from assumption than research.
I have often been in, and am often out.
The amount I have in at the moment is only £1k.
A token amount I put in a few weeks ago (on the expectation of another quick spike, I'll admit), just for my own amusement.
:)
Mullins58
Unfortunately there are 2 sides to a coin. Shortage of HGV's drivers, increase in fuel costs and possible lack of fuel for the tankers may also push the price up sales up. We won't know until next year now as September will not be a full months production. Of course UKOG may surprise us with an announcement!
ocelot, thanks mate . With the current oil price , we have a decent amount of revenue coming in at the moment. ATB
UKOG's stake in HH is 85.635%, but 100 bopd seems to be a reasonable figure to work with for the present.
Ocelot, so maybe 100 bopd net ?
All well, thank you, Mullins.
About 100 bopd seems to be the recurring figure.
They need to eliminate those water disposal costs and for that, they need to convert HH-2z into a water injector.
"Does anyone know what this has to do with UKOG?"
Nothing but Ocelot has to keep the "GOOD NEWS" at the top of the board............
"do you have any idea what the current HH production might be?"
Ask the company.......................... oh, they don't publish actual numbers or give any guidance - we have to wait for the 3 month delayed OGA numbers due on Thursday. I wonder why?
ocelot, hope all is well. do you have any idea what the current HH production might be ? ATB
European energy markets from natural gas to carbon permits jumped to records, signaling the supply shortage will get worse just as the winter season starts.
Stockpiles of everything from natural gas to coal and Norwegian water for electricity production are dwindling and there are few signs the situation will improve anytime soon as demand continues to roar back from a pandemic-driven lull.
“Europe’s supply-demand balance will remain unusually tight heading into the winter, adding further price pressure to a market already at record highs,” BloombergNEF analysts wrote in a report published on Tuesday. (Bloomberg)
https://www.bloomberg.com/news/articles/2021-09-28/european-energy-prices-surge-to-records-as-supply-crisis-worsen?sref=Em01M8Hr
Some contracts into the 220ps:
https://www.theice.com/products/910/UK-Natural-Gas-Futures/data?marketId=5188705
Skwizz
That question is why you are out and many are in.
Gl on the sidelines.
Does anyone know what this has to do with UKOG?
Into the 200ps for some of the closest contracts:
https://www.theice.com/products/910/UK-Natural-Gas-Futures/data?marketId=5188705