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Ibug, 're your 10.47 post. I never suspected you were a women, although I suspect others did.
Have you been looking up and trying to understand the difference between fractures and perforations. It would give you a much better understanding of what is happening at HH.
May help you regain a shred of credibility.
Ibug, how many tankers did you claim maximum, on yes, 370.
How many was there in fact, oh yes, 400.
Who claimed everyone was lying but him, oh yes, Ibug.
Who has been 100% wrong with each claim, oh yes, Ibug.
Ibug, the poster who does not know that fractures and perforations are different things.
No credibility.
Stanley, your post an excellent example of trying to have it both ways.
SS without taking up his options is just ripping off investors. No confidence.
SS buys options, he is only buying them to dump them for the immediate profit and bale out. He must know Ukog has no future.
Sounds like you are using another ploy told to you by Ollie again.
Now that work has commenced on HH2z it should not be to long before oil is flowing to add to that from the HH1 well and the oil being produced from Ukog's share of its Horndean oilfield.
Good to see the equipment arriving on site and that the forecasts of some posters that this would not happen until March, or even April, have been proved wrong.
According to the RNS the water ingress is near, or at the toe of the well. So only a single plug should be needed. If it had been anywhere else at least two would be required.
Some long horizontal wells have had multiple water ingress zones with each zone having to be closed off but allow the oil from other oil bearing zones to pass through. Leading to the requirement for many plugs and a much more complex and difficult operation.
Luckily it seems HH2z only requires the more simple single plug solution.
Tymers, I notice the trolls pretending they are outraged at a 2p sp prediction where the losers who were recently predicting a short term £1 party at HUR. Some even a £5 party there. Now embittered and twisted after having suffered huge losses there and there party dreams shattered by the £1billion+ collapse they have decided to infest this board with their dubious investing expertise and bogus and flawed financial advice.
Clarry, but BP has three times as many shares as Ukog so by your yardstick enough for more than three shares for every man women and child in the world. No wonder the directors felt they had to buy a few of them at discounted prices. Especially as they provided over a £40billion fall in the MCap in just over a year.
We have been repeatedly told that convertible loans mean the share price can not have any significant rise as any rise is always sold into to force the SP down as the next conversion must be at a lower price than the last. "That's how those companies work" and is why it must be death spiral finance.
Angus Energy has a convertible loan (death spiral) and today their SP shot up 32%.
Nice to reach 420 tankers, could that be this week.
Could there be an attempt at flowing Portland and the Kimmeridge levels simultaneously. That could be 700 bopd combined from HH1. Something that would interest the market.