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trollhunter2
You do surprise me posting that this will hit 0.50p when Zak Mur is predicting 0.90p, aren't you a little behind the curve?
With the speed of progress thus far would expect rig is already up or very near to completion imo. Gla.
Cynderliar, you have everything from UKOG as a write off......do you write your own panto scripts?......i bet they're very interesting.....all about YOU, probably got Swizzy Abbott in with a small part (probably has one) , and Oofy pro as the bad Baron Hardup, as he's still part of the cast (at the moment)......all in my jocular opinion of course, so not libellous......unlike Oofy Prosser,s untrue post, I'm not reporting you Oofy, but i hope someone else does......justice for wrongdoers, who stubbornly won't retract their indiscretions
SP hardly twitched when they put up the rig at BB. It only started rising during the drill. About mid way if I remember correctly.
Usually only takes a day or two to build the rig so we could be getting that juicy picture today or tomorrow :-)
Are you in the game or not...... you'll be paying more tomorrow :-)
Glad I was in for the weekend and staying in for the next many weekends :-)
GLA
Decommissioning costs are just over £1m for the 4 sites. Not sure how you work out the % for each as only BB is 100%.
It looks like we are ready to pump and produce.
Get a pic of that rig and we will pass 2p. WWWOOOSSS HHHH.
Penguins,
Did UKOG ever release any indication of sustainable flow rates for BB? Am thinking that if Brent were to reach $100 that a lower production output could be commercial.
Or is it game over for that site and more a case of abandonment costs? How much would the abandonment cost?
Be interested in your views as I've not researched the whole BB situation, I have it down as a write off with costs > £500k.
Nice pictures....thanks for the regular updates UKOG team
https://www.ukogplc.com/gal.php?gID=136
Quite a bit of ramping here today
What's the agenda?
Yep, keep pushing the price up...make the directors pay more :-)
Interim results next week, and OGA figures for the ex-flagship ex-transformational production at HH.
Of course Basur-3 is now the 'interesting' news which will, like HH and BB drilling, ultimately determine whether any rise in the SP is sustainable.
Both these wells had multiple positive RNS, BB with oil shows and oil recovered to surface and a 'production' completion and a sidetrack before being shut in and left for 3 years with no sign of further activity, and HH tested for months with highly selective flow rates mentioned and predictions of production flow rates never achieved.
Like Turkey SS claimed of 100s of millions of value in the Weald. Are pi considered so gullible (or forgetful) all they need to do is change the name, not the message?
Only when the twitter brigade join in will the rig arrival P&D really get under way - looks like they're waiting for the placing before joining the party.
if you keep saying it for long enough it may one day come true. But given you've been spouting this drivel for a long time even you must start to wonder at your own credibility now.
SS Last Video re Turkey
https://www.ukogplc.com/vid.php?aID=437
I think SS is planning something very unusual here, placing might come after the spud. Anyway, its my optimistic opinion. Share prophet not always right, but I know what he did to quindell. Hmm
The harsh reality is that it is very likely that a placing is being forward sold. I'm looking at Thursday or Friday for the RNS. If Share Prophets are correct, then 2 BILLION shares at 0.17p. If that RNS does land this week, then the SP is likely to follow suit, hence 0.5p is not going to happen, you are more likely to see 0.165p.
Haha, haha
Come on fair value is at least 0.5p this week as the rig is being commissioned ready for the drill next week.
You're getting the shares far too cheap right now. We'll be over 1p again getting close to drill results.
See the build up and drilling of Horse Hill and Broadford Bridge...... huge numbers of investors will be returning here shortly just like past events. Get 'em while you can!!!