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They are using the buyins to support the share price well here. Real commitment. Gives me great confidence on where we're heading. Gla

Good article on BBC today about how improving energy efficiency is a very good way to tackle climate change - rather than changing lifestyles and focus on renewables. Nice to see balanced, science based article for once. http://www.bbc.co.uk/news/science-environment-46741346

I do hope they progress this in parallel - perhaps once the first additional indico well comes back with results. Would be a good signal of intent that they are serious about getting on with the drilling programme.

The accelerated programme at indico means we will have regular newsflow over the coming months which should keep the share price ticking up. Exciting times. Think we'll be going 20 sooner rather than later..

Agreed. Seems they are keen to get cracking on this. Talk of the immediate extra wells and possible parallel drill at Sol. Far too slow last year. This is more like it!

Agreed but a useful ballpark. Bays thanks for all your informative posts this year. Have enjoyed reading. Hny

Thanks!

Hiya and happy new year. I'm looking through the charts on lse site but only go back a couple of years with max price of 30. Any long long term holders out there who can remember higher prices - think 45 or 60 have been mentioned before. Just trying to get an idea on potential value should we get some good results and we return to pre RH levels.

Couple of points that I've noted after being involved in weald shares for a year or two: A) any talk of flow rates is a bit of a distraction. Think it's crackers to be talking 1000s of bopd at this stage. Key is to confirm the Weald concept. HH and soon Brockham are doing this. It's clear from UKOG recently submitted plans that the approach will be to have lots of wells pulling out smaller amounts. The overall aggregate will be high not the individual wells. B). When certain names appear on this board (often on a Sunday). trying to deramp - often by posting docs - we always seem to have a good couple of weeks of price rises. I've been a little down on this share recently with the stoppage but today's chat has given me some renewed confidence that we've got some nice rises coming up.

Yeah, thought dates might be related to regulators. But why not just say that in the rns. We want to be cautious include regulators and maintain close oversight etc etc. They are a small company so understand why they'd want to be at full capacity during this time Just lost a lot of trust in them with lidsey and tidswell. Hoping for the best but causing me some stress. Think due to me being in a bit deep.

PP Thanks for pointing out the snippet at the bottom of the last RNS. "Transformational". Very interesting for them to use this phrase. The language in previous communication has been very subdued. Really do think this change in language is relevant. Exciting times. Looking forward to a good new year! GLA

This is probably nonsense but would be interesting to get some views. After performing the perforation if they leave the well to build up pressure will they then be able to report higher initial flow rates and therefore create a mini boom in share price? Not sure of technical aspects of this and therefore likely gibberish. I think Angus peeps have played with the shares and not been honest. Tidswell, timings of fundraisings etc. Think they are making money on the side by trading through mates etc. Think they are very much in this for themselves and not for shareholders. Taking nice vacation over Xmas then ride the wave after seems to fit the profile. Pausing makes no obvious sense to me. If they'd said returning 3rd Jan would be more believable but including the weekend after in the holiday seems excessive. Other reasons might be some regulatory issue, availability of regulators or some equipment. Think we all agree the RNS could've been a lot clearer.

Looking back through the RNS for Mariposa it took about a month between successful drill notification and the RNS giving details of preliminary flow. If we assume similar timeline with perhaps a bit extra for Xmas we should be expecting some news around middle of January. Does this seem about right?

Come on guys. Try harder. Sure you can do better than this Ideal deramp should mainly be positive giving the sense of a long term holder - then throw in a slight subtle seed of doubt at the end. Far less obvious.

As a follow up..UKOG have taken best part of 100 lorries of oil out during testing without production approval. Absolute non-issue.

Despite DoD trying to twist things I think this update is good news. EA on site and we have complied. Any process of approvals is always a dialogue and sure that dealing with overstretched government bodies takes time. Not an issue at all as far as I can see. Dialogue continues as we move forward with testing. Although, sure we'll have a lot of derampers out tomorrow trying to exaggerate this so they can get in cheap.

Even though the Alba holdings in HH and Brockham are small they should provide a nice steady bit of income. Alba taken a bit of a beating of late with the placing but think these should be almost cleared now (if not already). Can't fault Alba for recent communications work. Think they've been trying hard to get the word out. Only way is up from here. Good results from Angus should see us moving.

As per the TR1. Good news I think. Seem to be investors that will hold on to the shares for a while. Obviously seem something in Europa of value rather than just a dump for a quick 10-15%. To this seems like good news for pi's

Does the quote below suggest we plan to drill some more at Indico before moving to Sol? John Wardle, CEO of #AMER said: “given this result, the Company and our partner will be reviewing options for further appraisal wells into the #Indico structure in the short term, which will be required to further extend and define the resources encountered.” #OOTT #OIL

The rns mentions was released due to media reports. Anyone aware of these? Nice implication of this is that it means wenget some extra updates which should help maintain interest