Member Info for CynderLad

And I could argue that is is actually worthless.
They spend/commitments are in excess of their cash reserves (Broadford Bridge P&A, HH2z conversion, Turkey)
Loxley = cannot get a partner because the figures are all made up and SCC are a nightmare for red tape £10+ million needed for a drill, EWT and then basic production kit.
Turkey = dead duck, the current Twitter effort by UKOG is their usual Pump ahead of a placing.
Placing = definitely coming, SS will not miss an opportunity to raise cash, it's his MO and pays his salary until he retires.

Look at their operating losses, ouch, staff costs are too high. Remember storage capacity at HH site was reduced massively via formal application.

Only clowns would buy on a spike, classic pump and dump, this will race back down to 0.06p v quickly, and then that placing will be at a massive discount.

"Turkish baths". LMAO.
UKOG will make the front page of "Duster Monthly" again very soon.

They don't know what to do next with ANGS now that SFBY is a massive success.
Word on the street from the Orange Dust crew is that they'll now focus on how crap Balcombe and Lidsey are....
Go get some gorilla glue ya twazzacks!

They may try to dress it up, but a bucket of oil is about as much as they'll get from that latest duster in Turkey.
Dead duck!!! Has been from day 1.

Just put him in the filter bin.
I find conversation with a box of weetabix more insightful.

So, everyone knows about Wressle and the million a month revenue stream, that's nice for a junior oiler.
But for how long will those reserves continue to produce at this level? Did you all take a close look at the numbers and the decline? It's not a long term play and any other play at Wressle is far from being a formality!

West Newton was a complete disaster, I had bought in prior to WN going down the toilet faster than a vindaloo from sweaty beaty's, managed to get out without a loss. Anything further at WN is going to cost a fortune.

As for the other assets (aside from royalties), they are going to take some considerable funding and again I don't see success being nailed on. There'll be trading opportunities, as these junior oilers do create some spikes.

Is UJO as bad as UKOG? No not in a million years!

Is UJO MCAP/SP good value right now with lots of upside? In my opinion, no it is not. I think it should be trading in the 13p-15p range for what it has.

Could it hit 30p in the next 2 months? Well of course it could, but personally I think 20p is more likely.

As for the famed £1 party, that's a tagline that I'll not use again in a post here, but folks need to get real about UJO and where they are heading. Don't fall for the ramptastic nonsense, do some thorough research and be mindful of other junior oiler opportunities out there.

- All in my opinion, I hold no UJO stock, I do not have a short CFD position either -

So many idiots wanting instant success and gas flows.
It's not a bottle of Calor being connected to a swampy gas stove!!! (Yeah, they do burn gas!)

Just give it time, the gas is there, it flows, it'll be going to grid soon enough and the cash will be rolling in.
Also, the hedge keeps edging month by month to it's end, Like a pro footballer into the prem, it's contract will end soon enough.

9.5 to 10.5, what's not to like, cash in the account is going to quickly build up. Pay down the debt, divi's, stock buy back. And some investment at Balcombe and Lidsey would be nice too. :-)

and SS would be calling Turkey transformational. What a waste of PI cash, but the CEO will not be bothered, another few months towards retirement.

And you can take that to the bank.
RIP Ruth!!!!

Guess the XR fantasists who post here are planning on some disruptive activities at various airports across the country. Rumour that some are planning on gluing themselves to the runways at Heathrow, Gatwick and Luton.
LMAO.

Ruth, why not plan a foreign visit to China instead, they only burn 17 million tonnes of coal a day!!!!! Take plenty of glue with you!

UKOG is and always will be a scam lifestyle setup. Fact that the only interested party in any UKOG assets is a company run by none other than David Lenigas speaks volumes. Beware of the vultures!

There's more oil in my lawnmower than there is in Pinarova. FACT

Can't wait to see their displeasure when ANGS announce HUGE gas flows from the sidetrack, they'll need more glue for the M25 antics.

LOL.
Seriously, if you are gonna believe the moronic drivel from an idiot who posts memes on Twitter about her love for UJO, then you need professional help.

- Do proper research, read that report, understand that Wressle is not a long term play, and that anything further there has a low probability of success -

Oh and don't get me started on WN, that was a huge waste of cash and there's plenty more cash calls to come, the tiny share buy backs are not enough to interest me, it's a smoke and mirrors campaign.

- all in my own opinion of course, except the bit about SNIDE the fool of Twitter and £1 predictions -

Fact remains UKOG have no assets of any value, HH is losing cash and even with a water injector the output will not cover operational costs at the asset level, that's pretty obvious.
Horndean = I put more fuel in my car each year than they get from that site.
Turkey = duster drills aplenty in a known dead duck locality, just look at the AME well data and history, like looking for oil in the Alps.
Loxley = no takers, pretty sure that any interested parties would have asked for the raw data and then done a runner. Then then is the small matter of 5+ years to get a well drilled, tested and years of fighting SCC and the planning inspectorate to get production approvals, not to mention the £5mm for drill and then £12mm for production kit.
Not forgetting BB where UKOG have P&A costs to cover, that will not be peanuts!

DL has jumped on HH3 as it's an easy one for him to sell to the poorly researched rainbow chasers. Shame on him!

Don't be fooled, a placing will be forthcoming for UKOG and the SP will in my opinion hit the low 0.04's and possibly 0.03's.

- All in my own opinion of course -

And that is because he knows how much he can fleece from PI's for the next 5 years whilst delivering nothing.

or is this flare just prep for when the CT is run and the well cleaned up?

Is there a situation where coiled tubing is not needed, with the pressure in the well being sufficient to kick it into flow?

SS will not pass over the chance to raise cash, especially after the last one failed to raise what he wanted.

The HH3 farm out arrangement looks good on paper, but it must be noted that the partner is not obligated to drill if the seismic is not showing the value in doing so. The £4.6m cap is also a concern as we all know how much it actually costs.

Meanwhile the Turkey dead duck diversion tactic continues to keep SS paid for keeping his trotters up. Just waiting for the bloke with a spade and bucket to start digging for dust, hope he takes a good pick with him too. Wonder if they'll get a portaloo for him.

Loxley farm out will never happen, anyone thinking Angus is interested is living in fantasy land.

As for HH3, was it supposed to be a Kimmeridge producer? I thought so, if so, then why haven't UKOG put HH1 back into Kimmeridge production, the truth is out there!

Bobrad typically limits a post to 5 words, pretty much sums up the intellect of that particular moron.