The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Penguins
If you check back through his posts not one mention of "works have started at #Horsehill".
This is what he did say on Sep 4th.
"Successful day down a #horsehill . Got some pics . Here are the Christmas trees on top of both The HH1 well ( pump attached). Interestingly HH2z. The well head protector cage now fitted.
The cage is fitted to protect against damage from plant ie crane,rig etc"
Not even a picture from today showing all this new "larger" piping. Why would you fit new larger piping for 100 bopd? The bloke is a nutter. Always was and always will be.
I see he's now making stuff up on twitter that he predicted this RNS,
'I told him and Pingo works have started at #Horsehill. I put pictures up and still that jerk says I'm lying even after today's RNS confirming I am 100% correct. #UKOG Up next the Water reinjector permit. You heard it here first.'
and btw I acknowledged the works were ongoing on 2 September (post still there) when roganjt came on here trying the I've seen something but I'm not telling what 'trick':-
yet:-
'Freeasabird
@davethedrill1
#ukog next RNS EA permit for water injector for HH2 . #Horsehill
Strong Buy. Imho.
9:23 PM · Aug 31, 2021·Twitter for Android'#
Hmm - 'next RNS EA permit for water injector.' - so not 100% correct.
Not once did he post or tweet that the works were as mentioned in the interims in July (even yesterday when I asked him to clarify what he thought the works were for), only to bring the site up to EA standards - presumably hoping that continually mentioning the HH-2z conversion would be soon that punters would think the works were for the water injector:-
Freeasabird
@davethedrill1
Sep 11
#ukog
Did you know?
UK Oil &Gas have planning approval for a water reinjector well at #Horsehill.
The well HH2z is drilled and awaiting an environment permit. Public consultation endbded in April this year.
Work onsite is in progress .
Another pic a week ago . New bunding.'
'work on site is in progress' which I suspect he hoped would be taken as being for the injector.
Yet despite not visiting the site or seeeing any meaningful photo I've several times suggested the work was as stated in the RNS when posters have tried the I've seen something happening at the site post, even yesterday:-
'As for the current activities at the site this from the GM notice:- 'In addition, within its UK portfolio, the Company also plans to fund regulatory works at Horse Hill....'
'........Is probably what's going on at the site, not specific works for the conversion of HH-2z.'
as for UKOG has gas - more details please, they haven't yet got permission to drill at Loxley to see if there's any in the licence and no money to do so - the 3 / 4 previous wells didn't make the grade, otherwise the associated gas at HH is just a trickle.
Pingo i have rattled you.
No, but you're now resorting to making things up.
where I have said the water injector will have no positive effect on 'profits' and SP?
I keep getting told I've posted things I haven't.
I have pointed out nothing is guaranteed in terms of improved production - and it could backfire and make things worse - but I've often quoted your 'Lovely' excerpt which clearly means that profits will improve if it works as UKOG hope. I've also said the announcement may be accompanied by a P&D and the SP will improve. The issue is if as UKOG say only water disposal costs are saved are the fundamentals improved enough to even support the current SP.
So are you saying that the injector work isn't being done now as if you're troubled by this sentence it must mean your tweets and posts about 'work' being done at HH are all BS/guessing in regard to work for the HH-2z conversion.
'when's the conversion happening - presumably now according to what you're inferring - or is it all BS with no evidence just guessing/hope?'
But how many times (when you were ramping) have you told of a golden future, huge profits, eveything working vs my posts being cautious about outcomes.
'A fossil fuel protestor through and through imo.'
As I told you years ago when you were freeasabird on here you would be surprised - and I'm no 'greenie' - but what happened to all those previous 'great' RNS - I was constantly derided for pointing out they weren't (all those accurate 'negative' posts) and why - just look at the SP chart for why to be cautious of proclamations of great RNS.
Anyway you've wasted your weekend posting here (and deramping on UJO) I'll not waste any more of my evening.
Sad you have to spend all weekend trying to rescue your 'quick' trade expecting the BoD to buy shares and an imminent EA announcement.
'LOVELY'
thought all my posts were negative - but I suppose you don't understand honest opinion rather than BS.
UKOG have RNS'd the water injection will save water disposal costs but you then assume something UKOG have never said - that production will double because of injection- and then you do a bit of 'wizard' (you know - the poster you constantly insulted when you were in deramp mode on twitter) maths ignoring OPEX, ignoring other costs, ignoring the salary drain, and ignoring possible decline to get a figure for a year's production that wouldn't even fund HH-3 without those costs.
So if they do manage 200bopd, no decline, OP holds up, what SP will that support? and if it doesn't change? when's the conversion happening - presumably now according to what you're inferring - or is it all BS with no evidence just guessing/hope?
as for accusing anyone of obsession - if you have a mirror have a look '
'Pingo is not going to like what i am saying. I am just waiting for his deramping diatribe a bit later.'
hold that mirror, they just keep coming - 'silly chilish BS like some fruit cakes on here :)'