Member Info for basil1717

Build swampy friendly golf courses over Horse Hill and Arreton and watch the money roll in above and below ground!

that is the question?

Only 300,000 shares traded in first hour. Should see a slight increase when rig arrives?

The tankers they come, the tankers, they go and the volume of oil is set to grow.
SS is silent but doen't despair, the smell of shorts burning is in the air!

The tankers they come, the tankers, they go and the volume of oil is set to grow.
SS is silent but doen't despair, the smell of shorts burning is in the air!

Is a little more exciting than Spring?

The West Newton A-2 well was spudded on 26 April 2019 and on 9 June 2019 reached a total depth (TD) of 2061 metres. 28 metres of core has been successfully extracted from the primary target, the Kirkham Abbey formation and all planned logging operations have been completed.

A net 65 metre hydrocarbon saturated interval has been encountered from within the Kirkham Abbey formation indicating a substantial hydrocarbon accumulation, including a significant liquids component.

Drilling operations have now concluded, and production casing has been run in preparation for testing of this extended interval, for which planning consent has been received. The proposed extended well test will establish flow rates and will help determine the future drilling and development programme at the West Newton project. Testing is expected to commence in Q3 2019.

"Further necessary logistic and administrative arrangements for the arrival of the drilling rig and associated services are scheduled to be finalised this week." Selling has all but ceased. Bargain hunters nibbling away, waiting for the BOOM!

https://www.youtube.com/watch?v=GHdxSGxbfiY&list=RDGHdxSGxbfiY&start_radio=1

Spring ends Friday 21 JJune!

"The Company's key overall ambitions remain unaltered: to support the drive for increased UK energy security and to create value for shareholders whilst ensuring our operations preserve the natural beauty of the Weald. We aim to continue to be approachable, understanding and cooperative neighbours. Our plans for the next few years will continue to adhere to these solid principles." RNS 23 Jan 2019

I value your opinion but cannot understand why you still have 14k invested?

IF the rig is going straight to Horse Hill, it should arrive early afternoon. SS has stated that we are on schedule and results better than expected. HAPPY DAZE!

SS has told us "Drilling is targeted to start in spring 2019". No reason not to believe him!

All looking good then and as Uncle states results to date are better than expected

I purchased 87,853 shares at 16.11h with spread showing 1.00 bid 1.10 ask and although it was well below mid point it was shown as a sale. The price shown is sell @ 1.0159p but ii returned me a purchase price of 0.010159?

Order Status Executed
Order Reference MD288H
Date 23/05/19
Time 16:11
Stock Name UK OIL & GAS PLC ORD GBP0.0001
Action Buy
Order Type Market
Symbol UKOG
Quantity 87,853.00
Limit Price
Price £0.010159
Consideration £892.50

Big buys this afternoon for sure!

Both Alba and UKOG traded in the red all day and then at close both show as 5% blue? RNS tomorrow?

SS has told us all is better than expected and on time. I have no reason to doubt him.

From RNS 01 Feb. "Headquartered in Houston, Texas, Apex, under an executed Contractor Agreement ("Agreement"), will help the Company further develop its understanding of the Portland and Kimmeridge reservoirs by delivering an integrated geological, geochemical, rock mechanics and reservoir engineering analysis and interpretation of the Company's Kimmeridge and Portland reservoir units. This work is designed to deliver a holistic understanding of the reservoir units in terms of characterisation and ultimately to help deliver a specific completion plan to extract oil at the best rates and volumes."