Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
WG818
Your naivety is amusing. You obviously haven't taken into account transport costs, water treatment, compatibility and permissions in your thought process. Good luck with that.
Should pink trousers be up for the high jump?
Behave yerself WG lol.....
You always end up agreeing with me in the end Bubbles!……you just don’t admit it!
Totally agree with WG on this (god help me ;-)
These outfits "should" work together where common sense & logic save both time & money, along with optimising the use of what is already there !!! Plus a few tankers of water would give Adrian & pee boooo something to sit in the bushes and look out for too !!
You’re an absolute delight IBUG! You must be popular at parties?
Simply pointing out that water disposal at Brockham could be mutually beneficial, or make casting an eye over one another's assets makes a lot more sense than spending 100s of thousands on downhole works at present. The bad blood between previous directors at the two companies is surely passed, as the Angus Board has all but changed bar Mr Carlos Fray Bentos.
Ibug,
What about the consolidation? He seems to be over 95% down when you exclude his generous wages.
Long live The Dear Leader.
Every 50k they can get their hands on will keep Scamderson in a job for another months so he will do everything possible to keep things going, he would issues 500,000,000,000,000 shares at 0.001p if he could get a few more quid in his pocket, we might even see the market cap lower than his yearly salary but he is happy as long as he has got his fat mouth in the trough.
SS shares are now worth about £2,343. Considering they cost £12,457 that is not a bad ROI for such a canny Director.
WG818
Making it up as you go along? You are a typical bottom feeder. Where did you say " I simply pointed out that water disposal in UKOG case costs a fortune and they haven’t paid to sort it out yet,"? £250k is hardly a fortune out of the total cost of sales. I very much doubt if you even invested here.
OK, thanks for letting me know.
Did you get up on the wrong side of the bed ibug? I simply pointed out that water disposal in UKOG case costs a fortune and they haven’t paid to sort it out yet, and Angus requires 150 barrels of water a day for 8 years to get the pressure to extract from the Portland. I’m sure it won’t have slipped the attention of the Angus board as theysearch for investment opportunities as they are neighbours and actually drilled the well in the first place!…….not than they can afford any expansion either.
The Companies Act says the AGM has to be held within 6 months of year end, so they are already breaking the law.
As far as I can work out none of the directors are up for re-election. SS is due for re-election next year (if UKOG still exists)
Are the directors up for re-election
WG818
Not an apology. Planning was issued and UKOG have not done it. Not my problem. Where did I say it had been done? Why don't you P off back to the ANGS board as their problems have nothing to do with UKOG.
UKOG tweeted these both on 12th Feb ;
"UKOG
@UKOGlistedonAIM
·
12 Feb
HORSE HILL LATEST: UKOG planning a downhole pump changeout and scale removal programme to enhance oil production from HH-1. Further updates to follow.
UKOG
@UKOGlistedonAIM
·
12 Feb
HORSE HILL LATEST: UKOG considering a downhole pump changeout and scale removal programme to enhance oil production from HH-1. Further updates to follow."
I suspect that 'planning ' and 'considering' is about all they can afford/do at the moment as there has been no further tweet on the matter. How much would it likely cost?
That’s a very strange apology ibug! So my lack of research actually proved to be correct then!…lol
Uncleal,
On what occasion is SS supposed to have said this?
Do you have a source for your statement?
Any of our oil experts care to guess at the present cost of a rig to carry out the works required on HH-2Z or could it be done by a CTU? Unfortunately UKOG have never said what works are actually required but the planned injector is midway between the heel and toe.
Ibug
But is it actually in use ? The Annual report was very woolly on the detail.
When the SP was 0.19 following the Turkey announcement. SS was overheard saying that he wished he could short the stock but he is not allowed. That should have set warning bells off but my inbuilt optimism still thought that this company could make me a millionaire. I was holding 17m shares? Not any more! No longer a holder.
I don't think £400k that buys them anything, they would still have the RF/UA remaining liability due at end of year.
They either need some sellable bull$hite scheme to put to the shareholders at the AGM to be allowed to raise a many millions or admit defeat and file for bankruptcy.
£400k placing before administration?
I don’t know about administration but investigation springs to mind, SS has blatantly flouted and bent the AIM rules, to his own benefit, as in continually getting paid for failure, and stringing the investors along with fairytales…
WG818
This is the UKOG bb and if you had done your research you would know HH-2Z is the re-injector well and has been drilled.