Member Info for CynderLad

ASAP.

Enough said? Ask the CEO why anyone should remain invested when the SP is dropping quicker than a nun on an asparagus patch in early spring...

Adrian. HAHAHAHAHAHAHAHAHAHA

You should have listened. UKOG are delisting v soon, you'll not be able to trade, your shares are now worthless.

I'll suggest end of April. Cash balance must be running very low now, even with HH shut-in, the cash calls are huge.

Sando probably already has his trotters up in the Bahamas, his Train did come in, but only through his fraudulent representations of a company that was never ever going to create a portfolio of profitable assets.

End of April and SS will need more cash, so it's either auditors say "yes continue" AND placing mates say "45% discount", OR "it is curtains". The latter is most likely in my opinion as Sando doesn't really need any more cash in his pension, he'll have reached the magic £1 mil figure already, anything else is just cream for him now.

Poor tax payers and the county councils. Can't afford to empty bins and repair pot holes, can't afford special needs schools and teachers, but they'll have to fork out millions to P&A the HH and BB sites... How can this be permitted???? The CEO should be taken to court and made personally liable for the P&A costs, all his assets taken and then he can serve the rest making mug trees in his prison cell.

Wait a month and you can buy UKOG for £1... But you'll have £4m+ liabilities

But only after he takes a bumper salary slip in April, after all, he would not want to miss out on another FTSE 100 CEO pay packet would he.

As said before, UKOG will now leave all P&D costs to the councils, the tax payer is going to have to stump up £3m+. That means funds that should go towards special schools and the likes being diverted.

SS hand your head in shame, stealing from innocent folks and now diverting taxpayers cash away from those that need it to pay for your wrongdoings!!!

Enjoy your retirement, but know that Karma has a way of catching up with bad people!!!

I will personally raise a glass in celebration that this crock of sheite is going to cease trading. The Crook CEO is not getting any more cash towards his retirement and lavish lifestyle...

Penguins, thanks for all your comments over the years. You have saved a lot of people getting suckered.

As for TH, Ocelot, Adrian and co. Go find something else to ramp, Adrian you deserve to be put 6 foot under!!!

UKOG, you'll not be able to sell next Tuesday, nobody will want to pay for the shares.

Finally, Sando's placing mates have failed to forward sell and he cannot get any more handouts.

This is the end.

Adrian, I hope you put in £1000 or more, you can kiss goodbye to the lot of it!!!!

Delisting coming in May.

Adios Sando you crook, should be behind bars for Fraud!!!

The Govt would never invest in a joke of a company, they would fail every single test criteria. I've some experience of working in Sales trying to win Govt contracts / NHS contracts, red tape & supplier checks are really an absolute nightmare.

And that'll be the case for 90% of the next 2 months, with a huge 45% dip coming when Sando gets his next £400k off his forward selling placing mates... Hello McFly!!!!!

Just what he needed to get a placing away. Forward selling galore. Remember, his placing mates know exactly how to create a market and make a few dollars, expect them to be getting 45% discount again. Just wait, 4 weeks max and the SP will be 0.006p, that's over 50% down on current SP.

UKOG have no assets, they have no cash, no revenue, a CEO that get's paid a FTSE 100 salary, and huge overheads to plug and abandon both BB and HH sites.

Why would anyone buy!!! Ah, because the innocent get done by the placing partner finance experts who know how to peddle a load of confetti in the worst junior O&G player there is!!!

LMAO. yeah right. Jacknose = Adrian Watkins the banned moron who calls himself the fool of the Hill. Adrian's very proud to have left school early without any qualifications and is now a great technician when it comes to putting sticky labels on old fire extinguishers... He's also really sad about his old girlfriend who left him years ago, and he loves Beatles music. Just wait for his trademark grammar and spelling to let him down, that and the use of ect instead of etc... Give it an hour, maybe two and he'll start using the clown emoji's...

Jacknose, aka Adrian, SHUT UP you idiot! If folks had followed your advice they would have lost the lot. You are not invested, you are just here to get a kick out of baiting those who are considerably smarter than you. Should have stayed in school sunshine...

From the Annual Report, year ending September 2020:

"In February 2019 the UK Oil & Gas PLC engaged Apex Completions, LLC (Apex) as a consultant to the Company.

Allen Howard, UKOG's Non-Executive Chairman, is a Director of and a shareholder in Apex and, as a result, the

Agreement is considered a related party transaction. Apex was engaged to help the Company further develop its

understanding of the Portland and Kimmeridge reservoirs. The Agreement provides for Apex to periodically

invoice the Company for work carried out based upon the time spent by its personnel. During the year Apex

charged consultancy fees of £82,000 (2019 – £531,000)."

From the Annual Report, year ending September 2019:

"In February 2019 the UK Oil & Gas PLC engaged Apex Completions, LLC (Apex) as a consultant to the Company.

Allen Howard, UKOG's Non-Executive Chairman, is a Director of and a shareholder in Apex and, as a result, the

Agreement is considered a related party transaction. Apex was engaged to help the Company further develop its

understanding of the Portland and Kimmeridge reservoirs. The Agreement provides for Apex to periodically

invoice the Company for work carried out based upon the time spent by its personnel. During the year Apex

charged consultancy fees of £82,000 (2019 – £531,000). "

Go on SANDO, explain why you paid the Chairman over £600,000 for his services! Where is the evidence and report detailing what was provided and how this was a benefit to the company!!!

This is a blatant case of hush money, the Chairman left UKOG soon afterwards, oh and APEX was closed down in the USA, so it's all been papered over. The FCA should be all over this. He charged £600k for mickey mouse services...

I wonder how much of a BONUS SS has awarded himself, and whether there are further fraudulent related party transactions.

Must happen every week with SS needing £200k cash each month to pay out salaries to his team.

No revenue, no profit, just huge costs, no assets.

... then I'll invest elsewhere anyway. Roland is not proving to be someone I'd trust a fiver with...

Jacknose is Adrian. LMAO, how is that ticker going old fart???? You should buy some anusol as SS is about to deliver you a sore message!

I hope Adrian and his nutcase mates buy more, go on, buy more, more more, Give all that cash to SS and then see where you are in 6 months time. LMAO. This will drop 50% on the next placing, that is if SS can get one away.

Company has no cash, no revenue and no way of running without a placing every 2 months to the tune of £400k. So go figure!!!!

SS (or $$ as I like to call him) will continue to do what he does best, SFA in terms of providing meaningful updates to the shareholders whilst pocketing £30k a month in salary for making up a load of tosh. He should be behind bars, in another era he'd be hanging in the gallows.