Member Info for CynderLad

Ozzy, Like I said, we are more likely to see Nessie before Stevie does an investor call. If you cannot see the truth that is laid bare in front of your eyes... At least Nessie doesn't break every CEO rule.

and..... so what... what did you see... The Loch Ness monster?

I say that because, I think we are more likely to see Nessie before we see Stevie do an investor call.

0.11p by close of this week.

Sanderson doesn't care though, doesn't impact his take home.

How long until the accounts are filed with Companies House, so that we can all see how much of a cut he took, 20% to 50%, bet its 20%.

When's the Investor call Stevie? When are you going to give us a proper update on HH1 Stevie? When are you going to update us on Turkey? Withholding sensitive news... When is the placing coming, the longer it takes the more likely that the SP will slip to 0.09p.

EWT has been on hold since Aug 2019. I dont see it starting this month, which is a shame. That EWT is the make/break and being invested, I'd like to see something happening sooner rather than later, after all I could be invested elsewhere making a profit/loss.

"TroughSnorter" is better than Trousers.

Meanwhile, somewhere in the South East of England, Silent Steve is sat on his throne pondering whether he should continue to invest in 18th century art? One thing is for sure, he's not going to buy any UKOG shares.

When will you do an investor call Mr CEO?

I think we should cease referring to him as the CEO, after all he is doing absolutely nothing in keeping with what a CEO would normally do.

Suggest we just call him Mr Invisible.

Price of Brent is good news for producers. Emphasis on "producers". Meanwhile Silent Steve is sat at home refusing to do any investor relations.

Which is turning out the most crude/crud right now? Looks like the local campaigners have plumbed their facility into the pipeline into mother earth.

Ozzy, tell us how your investment is going in UKOG, are you happy with the current balance? How much are you down?

"....we believe you, don't worry.... have a nice day"

"oil companies" yes.
"baby oil exploration companies" no

Ibug, can you tell us where that injector section will be? How far along the 1500ft is that section?

I see you have an opinion that it'll not extend beyond the existing Thermatek plug, why would they exclude that? If they drilled 1500ft into a supposed oil play, then would they not want to inject water for formation pressure across the full extent of what they had drilled previously? Are they reducing the potential recovery rates by going with a sub-section of the 1500ft?

Is this now more about offsetting water disposal costs than it is about recoverability?

As UKOG have not really commented on it with any real detail within an RNS, then I have nothing but questions.

I would disagree on that point. Balcombe is worth running an EWT on. There is clearly potential there, but its a begging question. Unless ANGS goes to appeal, which I think they would win given the planning officer recommendation, then we will never know what it could have done. I bet Silent Steve Sanderson is gutted, there goes one of his strings to his placing bow.

Penguins,

Do you think there is scope for undoing the work undertaken on HH2z in their attempt to shut off the ingress from the toe end of the well? i.e. can they undo what they did with the plug? Is there any value in attempting to do that? Do we know how much of the 1500ft was actually plugged off in the first place? How much did they keep exposed for the failed production effort?

"it might take up to 2 years and cost a fortune"...

Well, that would be pretty fast for UKOG compared to past performance.
However, they would struggle to get the cash to do it, and will probably be delisted by then anyway.

I've hosted meetings with 100+ folk in attendance. Using modern technology such as Zoom and Teams, it is actually very easy to control those in attendance (mute, unmute, make presenter, evict from session, permit into the session, record, share presentations, share documents, annotate documents/presentations, etc, etc). Efficiency of running an old fashioned town hall style meeting is very poor from a chair perspective when compared to use of the modern tech. The only issues with the use of modern tech are; people who don't have a decent internet connection, people who dont have a decent laptop/tablet/smart phone, people who don't know how to use the application (mute/unmute, share, start video, stop video, etc).

Having watched SCC twice (Loxley * 2), they struggled with their internet bandwidth, but more so, they struggled with people not having decent equipment and basic awareness of application use.

Just as we laugh at the kids today trying to work out how to use an old school telephone with dial rather than buttons, our future generations will laugh at how incompetent some are with modern tech/

ZERO CEO shareholder interaction for 18+ months. How can that be considered acceptable?
Silence for such a long period is never a good sign. If you cannot read the obvious, then stick to comic books.

Its a worthwhile topic for discussion.
Broadford Bridge was drilled a few years ago now and despite all the hype it failed to deliver anything.
Will UKOG go back and drill another sidetrack?
Did they get their application approved by the county council for an extension?
If so, are they using that extension to delay the capital expenditure required to plug and abandon the site?
How much would it cost to plug and abandon the site?
Do you think they could produce 200 bopd from a new sidetrack? If so, how many months/years do you think it would produce for? Would they need a pressure support well to extend the lifetime/output of the production well?
How long do you think they would need to run an EWT for? ANGS were refused a 3 year EWT at Balcombe, how long did UKOG run an EWT for at HH?

I'd like some views on this, as I'm constructing a basic financial model and the BB site is one with a few outcomes.

I agree with ZYX098. I've had my last 3 posts deleted, despite none of them breaking any rules. I guess the ramper crowd just don't like to see the hard reality that I put out there in my posts.

Rich, I dont see UKOG being a listed company in 12 months time. I say that because:
BB = no further development, just a delay so that they dont have to stump up cash to plug and abandon site
Loxley = heavy delays, and even if approved will require £5m+ cash, the real gas prospects there are rubbish
HH = Kimmeridge is dead already. HH1 = may give a small profit for 12 months, HH2z = cash needed to convert to a water injector which is pointless as HH1 is nearly dead anyway given the water cut and depleted oil returns
IoW = Comedy central, no chance, just another dream from the Sandman
Turkey = LMAO, I'd rather back a 750-1 snooker player to win the Welsh Snooker Open, then again it happened last night, so miracle can happen.

UKOG will need £10m+ cash raised in the next 18 months. If anyone is dumb enough to not understand what that will do to the SP and the future of this company, then........

All in my own opinion. I'm keeping well away from this dead duck.

Ozzy will be claiming 500 bopd... LMAO. Seriously...

HH is dead, it's just a matter of time. Silent Steve will only keep it running to help raise capital to pay his wages. Turkey is the next honey pot trap.

At least with real honey pot traps there is something decent to look at.