Member Info for cperkin

£10 what you think I am made of money Frank! ;-P

I was referring to my open offer, I have taken my full allocation and asked for the same amount in over subscription.

I am sure they are just waiting for the competent persons report. Can't announce commerciality without it.

At least solo will be able to sell any time with such a liquid stock and convert shares to cash as and when required steve.

I bought a few more today, just below th eplacing price and have registered for my full amount X 2

Best of luck, it has been a rotten 18 months but I believe the new BOD are turning this around.

Well Joe, there is no way that UKOG would have bought the additional holdings from Prim, Gun and SOLO whilst flow testing if the Portland was not going to be commercial.

GLA, competent persons sign off soon no doubt.

How the seeds of doubt like to be blown on the wind.

A simple question. Would UKOG have purchased all the additional %'s from Prim, Gun & solo whilst flow testing the Portland without having a very good idea on commerciality?

Nope!

Haha, yes, turns out the rig was diesel driven and they had just run out.....if only!

Anything above 2.225 is a buy and you can currently buy just below the placing price for 2.244p

Not sure what companies people work/have worked for, but X% will have been billed on contract signature, X% on commencement of operations and the rest when the job is done and all with 30 days + from receipt of invoice. In other words, delays today are months from being invoiced and paid + if the issue is with the Riggers equipment, then thats their bag not AAOG's.

No need to panic till you know what the issue is on that front imo.

GL

I am no expert but they surely need to confirm the calculations and the impact across the whole basin. This would need to be signed of by a competent person in order for a declaration of commerciality to be confirmed?

I believe so as it would be an asset disposal.

Lovely, enough for a Pizza or two :)

Looks a bit fizzy above your target to me.

GL

They would need to RNS after the event DPL + TR-1 I believe.

Probably on a flight back from the Congo after dropping a large lump of metal into the main drive chain ;)

Give over willow & get back to your 10p UKOG ramps ;)

Sorry folks the ramp team across the hall got there first and have eaten the lot, except for that one slice with the runny looking cheese on it.

Enjoy ;)

Should have beefed up the drive unit?

Well if you want a problem when drilling, not that we did, then Topside is the best kind to have. Need some meat on the bones to understand how quickly this mis-STEAK can be corrected.

Oh well sit tight for the drop and bounce then. At least the costs for delay should be recoverable if its a topside rig issue?

Whoops - thank goodness it's topside and not downhole!