Member Info for Carrot13

On the telegram groups people have eyes, a couple of people in Germany saying they have spotted it on the B44, they’re a few hours ahead so would have been just before lunch time. Things run a bit more to time there but we’ll see, I always take these things with a pinch of salt.

I’m hearing that the rig left site approx 11am GMT and they are currently bringing the well online for production.

I have just emailed the minister of hydrocarbons telling him to turn the cricket off and start doing some paperwork.

0.12p paid looks like Roland has packed his suitcase.

Pboo hasn’t bought or sold any shares, he lost his life savings on UKOG already.

The volume is high because the share price is 0.0002p, barely £10k traded. Back when you and Pboo were ramping this to high heavens that would have only been 100,000 shares.

I’m telling you, it’s the speedos

I think it’s fairly safe to assume that the board have more common sense than to spend several million £ on a side track operation that they know is a waste of time on a reservoir that they know is no good for no apparent reason other than to screw over shareholders. I think we are often tainted by the actions of UKOG Sanderson nowadays when it comes to our views of O&G companies.

“ These encountered flow rates suggest that the reservoir near the wellbore remains invaded with drilling fluids, which is continuing to restrict oil flow. This invasion of drilling fluids has been further confirmed by pressure data which demonstrates that the reservoir remains at original pressure of approximately 172 bar, consistent with the neighbouring Stockstadt field prior to production, and that the well has a significant "skin" effect which is impeding flow.

As a result, the Company has taken the decision to undertake a side-track operation of approximately 100 meter length in order to by-pass the damaged reservoir by between 2 and 10 meters.”

I just saw Roland in Asda buying a new pair of speedos, trip to India imminent.

Possibilities (if things go well) for me are:

- tweet/pictures prior to completion (Monday/Tues) just as a general update

- RNS to say the side track is complete, rig has now left the site, flow rates will be announced in a few weeks once stabilised (not before Wednesday)

- RNS with flow rates (not before the end of the month, likely early June)

If things gone sour

- silence until mid June

Wouldn’t want to be out of this over the weekend.

Looks like it’s going to be a bad day for 🫛👻🤡💩

I am still waiting for my .08p buy order to be filled

You run that telegram group!

Could be DV, according to the telegram groups Roland has booked his next flight to India for early June.

IMO below 0.05p I’d be panicking big time but spreadex have been happy to sell at this price and may continue to do so, a couple of decent buys could see this back at 0.06p within minutes and it will be like nothing happened.

Trout I don’t know how you can say “ There was no way he could have known how long it would take”. The guy has been involved in all negotiations and is the chief executive of the company, of course he should have some idea how long things will take, at the very least ‘soon’ and ‘a matter of weeks’ shouldn’t be 6 months+, I posted how long I thought it would take based on how long similar things have taken in the least which took me about 5 minutes to research and is looking far more accurate.

Could be the minister of hydrocarbons trying to call his wife and wondering why it won’t go through

My head says Spreadex as based on the timing of their 3% RNS, the spike to 0.07p, and the lack of any significant sales since then (until today) I didn’t feel like there has been enough volume for them to have gotten rid of all their shares, and I was under the impression they had just jumped in to support the fundraiser for an easy 10% rather than intending to become a long term II here, so it makes perfect sense why they would continue to sell.

But AIM is an incredibly greasy casino market and under normal circumstances, seeing big sells so close to a drill, my gut would say there have been loose lips and someone has offloaded based on something going wrong (either delay or total tits up).

I don’t see any other scenario’s here really but could just be a bored PI sold £50 grands worth. We’ll find out soon enough.

Hate to say it as I hold 20,000,000 shares but this looks like it could be a shafting however the works only started last week and still another week to go (and then another week or two for results) so it could be that it is just spreadex getting rid of final batches but could also be a select few getting out for a better price than we will knowing something’s gone tits up which unfortunately wouldn’t surprise me with AIM. Will still hold and see.