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I am now left with 4 messages I can read amongst 20 on the page, 3 of which are my own.
Makes you wonder why ocelot is not letting everyone know what "£1,476.75, or should Resolution 1, 2 and 4 not pass up to the maximum aggregate nominal value of £1,476,746.31" means.
It just means UKOG can release another 14.6bn or 1.46bn shares to pay off the £0.66m owed to YA before the AGM when they can apply to do it all again.
And still the mugs are pumping this HOS for their own personal gain at the expense of others. No shame whatsoever.
Penguins
He sold those at a loss and bought back in on Friday. Can't remember which name he was using then. He has also deleted the tweets about his last 2 "buys". Take everything he says with a pinch of salt and I don't use salt.
That’s him rightfully gone, he’s banned but can’t accept it
Ibug,
There were 2 buys that totalled 2 trading fees less than £5000 on 21 February, which actually averaged about 0.00745p per share. Whoever bought them, and there were no names beside the buys so no one knows anything apart from the value, now has 66,867,287 shares they might be able to sell today for 0.0061p each or a total of £4078 less trading fees.
So if that was cornishman there's about 1000 reasons to desperately post on here insulting anyone he doesn't agree with.
I like everyone else have assumed the EBT shares will sway the vote in the Bob's favour. What happens if it doesn't - another postponement while UKOG put forward resolutions that help current 'genuine holders' rather than the plunging then spiking regime traders like resulting from massively over promising and then massively underdelivering.
Maybe get a CPR done on HH so those genuine holders can understand the issues and what is really likely !and that would help holders of PPP to understand if the farm in is really worth it) Maybe even get another CPR done on Loxley without interference from UKOG (and correct the glaring errors and look at the Alfold well logs).
Stop spending ever ore difficult cash on the Portland Port project - they're going to have to reduce their equity eventually in UKEn - do it now.
....and stop fantasising about Turkey and pay the penalty we were told was ten of thousands and exit Resan - a licence they shouldn't have claimed was potentially transformational or that fields in Kurdistan were analogous to Basur with the poorly performing E Sadak field, next door in the same reservoir.
But they won't they'll keep promising unicorns and finding donkeys.
I've no idea what the 4 green messages following my own said but, on the assumption they were not entirely complimentary, "thank you" admin.
Please would someone clarify a
"Genuine Holder"
Nearest I can get to is
someone with their head in the clouds
Ocelot
Have you really not worked out what the "£1,476.75, or should Resolution 1, 2 and 4 not pass up to the maximum aggregate nominal value of £1,476,746.31" is worth.
You really are not as bright as you make out. Teachers Pet is losing it.
It doesn't matter how hard you try to polish a tvrd, it will ALWAYS be a tvrd !!
Those who want to sell really should have sold by now.
The results of the GM should be known this afternoon.
Then it's a question of what UKOG does re the approximately £660k remaining due to RiverFort/YA:
"Conversion of these Equity Shares by the Investors now reduces the balance of the GBP2 million gross first cash sum received to approximately GBP0.66 million" (RNS of 23/01).
Strange. There were no large buys at 0.0074 last week. Easy to check.
https://www.lse.co.uk/ShareTrades.html?shareprice=UKOG&share=Uk-Oil--Gas&trade-date=2024-03-01
Adrian
Won't be long before it is worth £4k then will it?
Adrian
Re-rating yes. It is certainly going to go down. Another 50% shares in issue this week and another 50%+ shares on top of that in issue next week should do the trick.
Adrian
This is what Horndean does for UKOG.
"net share of production revenues of £287,000, with net earnings after operating costs of £136,000."
Hardly worth mentioning is it.
Adrian
All the figures get reported every month. It is not my fault you are unable to read or comprehend them.
Ibug
Posted in: UKOG
Posts: 9,453
Price: 0.0075
No Opinion
RE: HH December 231 Mar 2024 07:39
Reporting Period Month Name December 45 bopd
Oil Production Mass (tonnes) 188.658
m3 233
Associated gas production mass (tonnes) 6.755
Associated Gas Production Volume (ksm3) 7.59
Gas Flared - Volume (Ksm3) 7.59
Gas Flared - Non Hydrocarbon (%) 4.5
Water production volume (ksm3) 168
Reporting Period Month Name November 44 bopd
Oil Production Mass (tonnes) 176.814
m3 209
Associated gas production mass (tonnes) 6.124
Associated Gas Production Volume (ksm3) 6.881
Gas Flared - Volume (Ksm3) 6.881
Gas Flared - Non Hydrocarbon (%) 4.5
Water production volume (ksm3) 185
Reporting Period Month Name October 45 bopd
Oil Production Mass (tonnes) 187.812
m3 222
Associated gas production mass (tonnes) 7.309
Associated Gas Production Volume (ksm3) 8.212
Gas Flared - Volume (Ksm3) 8.212
Gas Flared - Non Hydrocarbon (%) 4.5
Water production volume (ksm3) 202
Reporting Period Month Name September 48 bopd
Oil Production Mass (tonnes) 195.426
m3 231
Associated gas production mass (tonnes) 6.93
Associated Gas Production Volume (ksm3) 7.787
Gas Flared - Volume (Ksm3) 7.787
Gas Flared - Non Hydrocarbon (%) 4.5
Water production volume (ksm3) 186
Adrian
It is only 1 bopd though.
November 44bopd
December 45 bopd.
PS But under 50% are producing oil.
PS Just under 30% of ONSHORE O&G fields are not producing anything.
UK onshore oil and gas production in charts – December 2023
Daily onshore gas production was up 168% in December 2023 compared with the previous month, with the resumption of production at Saltfleetby.
Daily oil production was up nearly 5% in December 2023, with increases at Singleton (11%) and Wytch Farm (7%).
Flaring from onshore oil fields rose for the second consecutive month.
Full story here;
https://drillordrop.com/2024/03/04/uk-onshore-oil-and-gas-production-in-charts-december-2023/
PS Just under 30% of O&G fields are not producing anything.
Everyone ought to meet on site and hold a bonfire of the share certificates. At least there would be some fun to be gleaned from UKOG , but with so many shares on issue it may take a day or two to burn them all :)) Oh yep I left out who to nominate for the Guy ....I leave that open to share holder nominees :))
Not forgetting his, "I'm in the money" after buying in again on Friday, before it fell +13% again today.
Poor poor boy.
"Dilution for Adrian!" (see what I did there?).
;)
You posted:-
'Lets see what the judges say! Not what is said on here.'
I haven't seen anyone posting anything other than they expect SCC to win and Finch to lose......so not sure what is said here about the case other than it's without merit. But if everyone expects UKOG to win and thinks HH is rubbish then if there is a pump may be minimal, not a doubling, and sold into mercilessly by the CLN holders until the traders give up and the SP drops.
Certainly risky buying before a meeting where a serial issuer of billions of shares will be given authority to issue nearly 50% more shares - probably not because the shareholders want it but because the UKOG board instructed the EBT to buy 3 billion shares from UKOG with money UKOG leant them so they could buy them from UKOG (at a premium to the market price) so they could vote in favour of the GM resolutions.
Then there's the 75,000,000 share sales. 200,000,000 today, not huge in cash terms, but regular and sometimes below the bid, that may mean the CLN holders are in the market driving the SP down once more - though UKOG supposedly has no authority to hand out shares (maybe the EBT is lending them?) - if not them someone is.
Will UKOG's first action after the GM be announcing that a load of shares have been issued because of a conversion?
Oh - and happy birthday - maybe UKOG will give you a positive present for a change for a change.
Lol HMS UKOG needs scuttled and sent to davy jones' locker not a new captain
"i suspect the two 0.5m tranches are no dead as ukog failed to meet the conditions of the agreement.
rf/ya must be mega****ed off following the 10% ebt voting move."
If so, it suggests that UKOG may not easily be able to use their services again and any fund raise will have to be by a HIGHLY discounted placing yet AGAIN.
Who bout 200m shares then?