Member Info for CynderLad

Yeah, right.

SS probably done another dodgy deal to pay out silly money to a "partner" that doesn't do anything to justify the spend.

i.e. remember "Apex Solutions", run by the former Chairman of the board, paid them over £500k for services, a year later Apex were wound up. Clearly only ever setup to milk cash from the company, there were no services, no paperwork and no value. SS should be facing criminal charges just for that alone!

Which will come first? CEO doing a proper interview or the company delisting.

If I were a bookie I'd offer delisting at 100/1 on, and CEO interview at 1,000,000 to 1

Why would he?

Find me any listed company where the CEO can go into complete hiding whilst the SP and MCAP is completely wiped out!!!

Why is the Chairman not acting to address this?

You all know why!!!

You ain't gonna stop the fall in the SP by doing SFA. The CEO has gone AWOL, completely ignoring shareholders calls for action and for updates. This is the last round of financing that UKOG will get and they have nothing that they can invest in to make a difference. It's game over and really just a matter of time until the inevitable delisting .

Let Adrian throw his money into this dog, only a muppet would buy shares in this scam. He'll lose cash and then have the usual rant after he's been on the pop.

Walkman is none other than banned user Adrian Watkins. You'll struggle to find a more horrid person in the UK.

Ibug, I don't think you need 50.1% of the total share ownership to vote through a motion at an EGM. I understand that you only need 50.1% of those that actively vote, to support the motion to have the CEO and Chairman removed from their positions. I think there is an expectation that you need the support of 10% of the overall ownership to raise that motion and hold an EGM, then it's curtains.

Personally I would like to see 3 motions as follows:

1) SS to be removed from his position and the current operations manager (Kris Bone?) appointed as interim CEO until a replacement is found.

2) The Chairman to be removed from his position and replaced by Matt Cartwright on an interim basis until a replacement is found.

3) All records, including all files and email correspondence relating to Turkey, HH, Loxley, IoW and BB to be made available for access on secure web portal, with access granted to shareholders.

The 3rd one would unnerve the CEO and the BoD as we all know that they have been deliberately misleading and withholding updates and information that should have already been shared with shareholders and the market.

Simple option from a business perspective.

Kick out the BoD with their ridiculous unwarranted salaries.

Reduce the staff overheads to the bare minimum.

De-list from AIM

End all operational interests in Loxley

End all operational interests in Turkey

Pay the P&A costs at BB

Convert HH2z into the water injector that should have been done 2+ years ago.

Run HH as a simple operation. If it's just 30-50 bopd for the next 10 years then there is profit there to be had from a small business perspective.

But there is 100% no way that UKOG can or will survive, so it's really now a case of what happens next.

Do they de-list and then do the above, but with SS retained in some over-paid role until the administrators step in?

What actually happens when a company de-lists with 22 billion shares floating around, how does the ownership model work? (I know, but do you?)

It's game over for the company as a listed entity, that much is nailed on. Question is, what are shareholders willing to do to prevent the chief trough snout porker from milking the company completely dry and then it's last half-decent asset being bought for £1?

He should be actively managing the CEO and given the failures, he should be working to have SS replaced.

But hey ho, what goes on in the well run businesses on FTSE simply does not apply on AIM.

So there is a Chairman who has his snout in the same trough as his CEO mate and has zero interest in doing anything to create issues at the top. After all, get a decent CEO in and next thing you'll see is the rest of the BoD and the Chairman being marched out.

As I have called it time and time again, and will do again now.

Fair price for UJO is 14p, go do your own accounting to determine what you see as fair value.

Wressle is now starting to decline, with water cut, so the production drops pretty much as expected.

UJO need the cash to pay for huge costs of assets, it's an expensive industry with a history of on-shore failures.

You should check SS out on LinkedIn. That tells the story of fine art.

Sando should be serving time and his property, cash and fine art should be seized.

Shareholders need to get an EGM sorted with a motion to have the entire board removed from their position. A second motion should be put forward to require that UKOG provide access to all records, documents and email correspondence relating to Turkey, HH, BB and Loxley. There will be evidence there for all to see that shows that the BoD have been withholding market sensitive data and deceiving shareholders with updates in RNS's.

SS should be taken to court for his lies and deception. Where is the HH2z work-over for example, how many times have they promised that and not delivered it while milking the PI's for cash to pay the BOD salaries?

It will no take long, especially with the worst CEO on AIM at the helm. His barrage of updates is deafening.

A smug CEO sits back and chugs down another Pina Colada.

How PI's are happy to stand by as the company marches towards administration and de-listing is strange. You should be sacking the entire board, the lot are in on it!!!

It's not just SS, it's the Chairman of the board. Any Chairman worth their salt would have had SS removed from his position 4 years ago. It's the entire board that are riding the lifestyle scam. Just remember the yank on the board a couple of years ago, charged 100's of grand for "Apex" to do "something and nothing", Apex was shutdown soon after, surprise surprise, it only had 1 employee and that was the yank on the BoD. SCAM!!!!

0.03's coming soon. Just wait for the CLN to hit home. SS doesn't give 2 poops though, he gets paid for this scam.

Someone get the campaign up and running, I'll buy a £1 worth to weight in on a worthy cause.

This dog is going to go to zero. I'll cash out my CFD when it hits 0.02p. I have other targets/uses for the cash and they need not be dependent on SS dragging out the lifetime of this lifestyle company to suit his retirement plans!