Member Info for Bridgedogg1

The assets underpin the share price. I’m happy to hold for as long as it takes to get a good reflection of that in the MCAP. However if it hits 12p tomorrow I’ll prob sell yes.

Someone sold £5k on automatic @2.6p, thats got to hurt!

Too close to my average to bother averaging down but good job those that got some sub 3p!

That was a shake and a half. Took out all gains made on Friday and certainly triggered some stops. Bounced back up to 3p. See what happens this afternoon. Wouldn't mind an update around now :)

Expect the usual 2pm push, may take us to 3.48p.

Just look at the assets and cash flow. Very supportive and underpins price recovery all the way up to 12p+

This is an oil and gas company. If you are invested you must know that the most expensive time is during drilling operations. Unlike most other companies our well is producing oil revenue during the drilling operation, and we are fully funded for the drill. Things seem to be moving along nicely.

Any holders that don’t wait for the next announcement have got to be insane IMO

Re placing scaremongering, according to the terms of the Riverfort / YA Loan, a further £4.5m could be made available under the same terms if required. Wouldn’t be ideal as I would prefer to see some solid cash flow from the two wells, and it is a kind of dilution, but the conversions are restricted. RBL would obviously be much more preferable.

Back up again now. Seems a bit of resistance at this level, then solid resistance at 3.38p. A nice update would see us easily through both. Upward trend continues though. GLA

Will a rig be needed? Depends on the fix.

Whilst HH-2z continued to clean-up prior to the current shut-in, returning oil, completion and drilling fluids to surface, evidence of formation water ingress was also recorded. Consequently, an additional routine intervention is planned to shut-off the water source, currently interpreted to be from an open natural fracture in the "toe" (or far end) of the horizontal trajectory.

We haven’t heard any further information on the proposal to dilute non paying partners shares in HH, 2 Jan RNS? I assume the proposal was rejected as we didn’t hear anything further and we are pushing ahead with the work plan? Will send in a Q today.

“Furthermore, following recent discussions, the Company now anticipates that its Horse Hill Developments Ltd ("HHDL") co-venturers are unlikely to contribute their 14.365% share of current cash calls pertaining to HH-2/2z drilling, HH-1/HH-2z testing and the production-related costs detailed above.
Consequently, and in addition to the above, the net Proceeds will be used to fund any potential shortfall from the HHDL partners. In this respect, the Company has also submitted a proposal to its HHDL partners to use part of the Proceeds to fully fund their current cash call obligations in return for a commensurate dilution of their holding in HHDL.”

Jammare, looks like you’ve had a string of bad investments and are feeling a bit negative. I hope ukog call pull some of those kisses back for you, if you are invested..

Things seem to be running smoothly on site, all to plan except the water issue. Would be surprised if that’s been fixed during the recent work but hopefully the oil cut has improved. Might get some dual flow figures tomorrow.. I’m hoping, like most investors, to at least get an ops update.

End if the beginning is coming!

Good luck all

Not much point at the moment. Portland is better understood and we have the plans for 5 more wells. No need to complicate matters. I think Kim might actually flow better in the right location but at much more higher risk. Let’s get a straight forward 3k out of HH then look at IOW.

Looks like Ronald wants in here first thing Monday and believes he can make it cheaper by spouting nonsense on the board. Bad luck Ronald, open will be way above Fridays close but don’t worry there will still be plenty of money to be make one positive news flow kicks in.

Wouldn’t touch anything with Colin Bird involved, well known destroyer of shareholder value.

Looks like this has done as much as it will do. Rise seems a bit over blown now. Much better risk reward plays out there imo

Chartist suggests may well test 3.89p. I expect news flow will push it beyond this, chart is being rewritten here.

Very exited for Monday. Don’t think the BOD will be taking the weekend off!

Jammare, you’ve come on the board to say people shouldnt post on boards?

What storage do we have on site? Guess that would have been emptied during the down hole work