The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
https://twitter.com/adrianwfire/status/1084822051544879104?s=21
If they know that there’s kimmridge oil at Lidsey 2, they’ll definitely know there oil down this well as they’ve already analysed this well with the latest equipment available, and as HH has flowed even given is the wrong size hole, drilling fluids etc. I’d say the odds of Brockham flowing are firmly stacked in our favour.
Have a look at UKOG’s 3 month share graph and tell me that’s a good investment lol. They’ve diluted the share down so much, that most of the investors their have no idea who’s hands the shares are in. Hence the reason after one short closes, another one opens and down and down the price goes, with all the investors scratching there heads with confusion. Yes someone’s making a load of money out of UKOG, but it sure isn’t the private investors.
If no oil flows at Brockham, then the whole kimmridge concept is damaged. That means it will cast doubt on all the other license areas that UKOG have got and that will result in UKOGs share price declining further baits. IMO