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Penguins
you seem like a well informed intelligent chap, with a subtle negative slant towards this company
If you think this company is so badly run why are you here?
Tony,
facts? even you put a question mark after Perf guns.
Don't you think that if in early June they had reperforated it might have been mentioned in the interim results rather than - 'Post-period, the Company also plans a significant intervention in HH-1 specifically designed to further improve flow into the wellbore. Together with a full reperforation of the entire Portland section'
As for tanker rate increase, errr - fact? When UKOG put out an RNS giving daily figures of production rather than export from the site that will be 'fact'.
wasn't the end of June when UKOG were hoping for Loxley planning and a spike 'helped' by the reports of more tankers leaving the site .....hmmm.
Penguins,
How do you know that UKOG do not have ESP's ready for HH1? They may have them ready. We will have to wait and see won't we.
As for the post by Mirasol. I do not know who Trollhunter is. But I guess that it was someone who was banned here.
Like I said, I've just moved over from the other site, for reasons already disclosed, and within being here for a few days I am already being shot down with rubbish posts. Stick to debate, if you don't then I know why. There are lots of the XR community on here, we all know that, its pretty obvious.
Let's see what is released by way of RNS in the next few days. We are due.
I take it that Teamster is the new account of Adrian, aka Fool of the Hill. I used to like your Twitter posts until you became heavily biased against the CEO.
Who wouldn’t be heavily biased against probably the worst ceo known to man ?
We are all here arguing about production figures, tankers, future plans, dilution etc Why is the guy that is supposed to be our leader not sharing info with us , the people require Info to decide to invest or not or sell, simples really.
Fairly obvious who this is, isn't it?
https://twitter.com/TrollHu37466449/with_replies
Doesn't matter to him how many shares on issue because when he consolidates he will end up with perhaps just one billion or less
There was a hillicorder trace that indicated possible per guns on 10th June
https://twitter.com/anton13579/status/1311257340709044224?s=21
In the bin he goes
FOTH...He was the biggest disciple of all, he truly worshiped SS and ukog, he would burry any negative news and extremely highlight any positive news, and if there was no news he would simply make some up...secret pipelines and such like, Something happened at HH and he went off in a big huff...he has been anti ukog ever since.
Trollhunter Twitter indicates that he is fascinated by UJO. Whereas I am not interested in them. Does that tie things up for you?
Just for the record, I'm not interested UJO either. They are years behind UKOG and have far more shares in issue.
Like the name though :-)
Transformational times ahead for UKOG.... watch the Twitter and ignore the dross promoted by LSE here.....it's just designed to gain more site hits and ad revenue.
Looking forward to new flow figures at HH.
Loxley planning debate and result this month or next.
Resan, Turkey update and drill campaign begins before winter ?
IoW planning might give a boost too :-)
It's a shame UKOG have too many assets to explore Broadford Bridge further right now too.
A nice problem to have though.
Maybe the HH CPR will unlock bank funding to progress faster soon though.
TS, I have about 250 in the bin at the moment. Hopefully some good news on the way. I was in Tollesbury 2 weeks ago visiting my father had a lovely morning in the sun. ATB
Tony, are you the same Tony as the one on Twitter who just posted the activity back in June? If so, was production in June less than the full 30 days? Do you know how many days it was down for?
Also, looking at Twitter, looks like the guys on site there are steaming ahead with the workover on HH1. That's nice to see.
Tollesbury, are you from the town/village in Essex? If so we are near neighbours, Witham!
Tony,
I've already given one quote from the 30 June RNS to help you to not make unsubstantiated (and wrong) claims about HH.
But you persist in suggesting UKOG have chosen to not mention reperforating HH-1 in early June?
So why do they say in the interim results on 30 June 2020:-
'On a positive note we also firmed up our plans for the reperforation and recompletion of HH-1. The current completion and perforation scheme is less than optimal for both pump efficiency and oil inflow. Consequently, if successful we remain confident this programme can further improve the well's oil production rate.'
Note 'the current completion and perforation scheme is less than optimal.........' - That will be 'the current' as at 30 June 2020 - which on my calendar is after 10 June 2020.
Sorry Penguins, but I think the main point being made was that HH1 was not in operation for all of June. That still seems to be the case. Question remains, how many days was it in production, as that will have a large say in the output.
If there were great things to hear we would have heard it. They have nothing to say because no news is easier than bad news.
Give them time to get the pump back on and record the new flow rates first.
The only question for investors is, do you wait for official news or invest now at the bottom in anticipation of the pending news?
The eternal question for all investors on all small cap stocks.
I'm in and waiting.... many shots on goal too.... so I'm happy to wait through each and hold for the next a value growth is achieved. They have a plan and working to achieve it. Give 'em time...... or not and invest elsewhere. :-)