Member Info for Bubblepoint

Ocelot,

It is just a "hoped" prediction, it has little foundation, the reality is that if/until the finance deal is over the line, and THEN if/when they release the fine detail of that deal, including any discount applied etc, along with and any notable weight applied in relation to taking the old hedge out, and the associated 8% royalty, if it kicks in or is bought out with the hedge, etc etc etc

Far, Far to many if's, but's and maybe's to put ANY real future upside or downside to it at the mo. Anything predicted is simply pie in the sky at this time !!

""Another so called oil and gas worker wanting Turkey to fail.""

ADRIAN,, NO ONE wants Turkey to fail, myself & others in the industry here would be over the moon if ANY company struck commercial hydrocarbons ANYWHERE.

What we don't subscribe to, is watching some scallywag outfit playing the retail market for all they can screw out of it, and in the process delivering NOTHING, infact worse, squandering large sums doing worthless work just so they have some very weak excuse to exist and keep paying themselves handsomely !!

TICKKKKKKKKK tock !!!!!!!!! Adrian,,, post as much as you can before it ALL gets deleted !!!

YOU are as pointless as this company is at finding oil of worth and squandering over £110 MILLION doing so !!

The problem is not with renewables or any other source of energy, the major problem is storing energy to be released when required. We and many other countries can produce significantly above the norm when conditions are right.

Once they get these mass storage systems built and improved then things should improve.

TICKKKKKKKKKKKKKK tockkkkkkkkkkkkkkkkk little man !!!!

TICKKKKKKKKKKKKKK tockkkkkkkkkkkkkkkkk little man !!!!

Pmsl, I couldn't give a ferk ADRIAN, EVERYONE has a view, agenda, opinion, MINE is s I say it, but then I DON'T create a new alias EVERY DAY 365 days a year to get my point across lol...

Good morning Average Down Adrian !!!

Citywire recons you will expire shortly !!!

Ocelot,

I think you will find many of whom you consider "activists" are actually people who are victims or can see through this borlocks, and a company that blatantly and consistently disrespects the retail market, repeatedly being treat as pig fodder to keep them in the lifestyle they are accustomed to !!

Not sure what the article has to do with UKOG, they produce so little it doesn't even register, and any storage is so far down the road it is not even on the radar, if they ever do actually do something.

Primarily the issue being that they have pretty much failed on EVERY project the ever put their hands on, to deliver any value and any product of note, in fact the opposite.

Who would trust a company to deliver after squandering OVER £110 MILLION to bring just 50 bbl/d to market !!! and continue on their self destruction program, issuing 29 BILLION shares to date, with likely plenty more confetti to come !!

A sea of green filter boxes, must be the reality that an RNS day still only managed to generate 2.5m shares traded, looks like the market still not convinced as yet !! must be difficult dealings to prise that old hedge from their hands, the fly in the ointment so to speak, I doubt they are going to hand it over easily, it is a controlling position to hold.

How ya doin BV, Needout etc lol

Also, if you strung all the confetti shares UKOG has in issue, just 29,000,000,000, yes 29 BILLION, they could make a paper chain to the moon and back !! Just sayin !!

Well Peebooo, as usual, can ONLY resort to insults and lies, nothing new there mind !!

As for "expert", well thanks for the compliment, I NEVER state such things, ONLY that I have a measly 30+ years of indepth industry knowledge & experience, and post "my opinion/view" nothing more, nothing less.

Anything else I can help you with ???? or do you need to switch back to the tele/X/twatter gang for your next ermmm move or insult ??? You can JUST call me Al lol,, or whatever suits your agenda pmsl....

Ps,

I hear (from semi unreliable sources) that apparently Adrian has been employed on a zero hours contract to write the results RNS, they believe he has a lot to offer, along with being a major confetti holder buying under a covert alias AverageDown rian. His experience, knowledge (otherwise known as RAMPING) & tanker spotting skills have no bounds.

We believe he has the potential to step this up to a whole new level of diatribe, that is capable of baffling the unsuspecting retail sector with high volume bullshiete and should provide a perfect platform for our hungry placee's to ride on his shirt tails to further support the company in its pointless activities.

The grand master of spin will produce an RNS for the pothole results with all the spin they can throw at it.

The test (swabbed out water with trace oil) demonstrated EXACTLY what we already knew, that the seep, somewhere within a 50 square kilometre area of the pothole, is indeed seeping into the geological sub terrain aquafer or stream.

The "special" operations were performed without incident, and the pothole will now be backfilled by locals with shovels and the tumbleweed will be once again blowing over the Turkish tundra.

We strongly believe there is oil "somewhere" in the region, and our specialist team will be working hard to analyse the sample/s and try and track down the source, which we estimate will require at least 3 more hefty placings and approx 2-3 years to conclude.

On a positive note, our colleagues will be working hard at the confetti factory to speed up production to meet our future demands.

It is also worth noting, that as part of our UK Energy drive, that ALL confetti is produced with green credentials, and if all the confetti to date was to be burned to produce energy, it would supply enough to keep a city the size of Manchester warm for ermmm a longgggg time !!!

Keep following us on X for the real updates of this ermmm exiting, sorry exciting story !!!

Adrian,

How many times, it will NOT FLOW, there is NO drive mechanism, it is almost certainly 99% water with a skim/trace of oil trailing along with it, more chance of my kitchen tap suddenly flowing oil than this pothole.

Ohhhh and that assumes they actually manage to penetrate the cement & casing this time, because be assured it is NOT guaranteed for a number of previously noted reasons by me and a couple others that KNOW what is required to make it work PROPERLY.

P.s, it is also likely that quarterly revenues will be notably lower than that of the previous (£7.2) due to much lower gas prices, (now in the late 60's) and the "likely" outcome of the dynamic pricing deal with Trafigura being at a modest discount to rolling prices depending on how/if Trafigura can prise that old hedge etc away, and consolidate it all under their control.

Potentially summer prices are likely to see very low 50's at the current rate of decline, minus any discount applied going forward and the continued lower production figures, could see quarterly revenues down to more like £5m.

I don't see placing/s for something with strong potential as an issue, just not that great if done with it sitting at these levels.

Just my opinion TC, that this payment break is necessary for "SLBY" primarily to allow it to self fund likely ALL the works required through this year in to early next year, including much of the cost of the first of 2 new wells.

It is unlikely to leave anything of note on the table for "other" projects outside of SLBY, which is why I believe anything deemed "outside" of SLBY will be subject to placing/s.

Thing is Mikee, I actually believe RH does want to do the right thing, the problem is so, so much damage was done that it is almost certainly overwhelming just to get close to drawing a line under it and leaves very little wiggle room, it will take some special magic to both promote a decent project, let alone fund it without looking at more placings, loans etc.

In reality they will be free to make placings again once/if the finance etc comes through and they clear it all through the consolidation process, but that will hurt in dilution terms at this level for sure...

Sooo Adrian, what if they or their associates KNOWING the conversion is at 20% discount and KNOWING it will almost certainly result in the SP slumping the same %, to lay a FAT short on in readiness, almost guaranteed, that way they make their money and some, even if they dump the conversion stock at the conversion price, AND don't tell me it is not possible, these cronies are able to do whatever they want.

If I had £10, £1000, 10,000 to punt on an Aim stock, I am looking for something well managed, at a good price, with something ongoing with high potential for success, they are out there, but this one doesn't even sit in the bottom of the selection process, it sits in the bottom of the pan !!! There are far, far better places to punt !!!