Member Info for DaveWin

I would too if it was a cash sale but it isnt, theyve merely swapped their consideration in HH for shares in UKOG.
They could if they wanted sell up now and make more than was agreed at the SP of 1.9 weighted average.
So Solo have completely derisked their investment and crucially they no longer need any further exposure to development costs to bring this to full production.
Short term they are laughing, long term laughing even more

Solo Oil are up 15% already on the RNS released today, with the announcement today which shows a huge 45% ROI for their shareholders.
My next question is obvious, "As UKOG continue on their acquisition trail, who do you think may be next and why?"

This further strategic acquisition firmly cements UKOG as the dominant player in the Horse Hill Portland and Kimmeridge oil discoveries and Licences. UKOG's three recent HHDL acquisitions provide a valuable controlling interest and exemplify the rationale behind our recent change of AIM status to an operating company. WITH THE POSITIVE PORTLAND TEST RESULTS TO DATE, UKOG, supported by its remaining three coventurers, can now steer the way towards permanent HH oil production in 2019."

And up it goes again like clockwork

They just did a quick trim of the bush before getting dressed for the party

Over 204,000 buys today and not one sell

Long may it continue but as you say PD, still 42% down on when Lisa Anson took over and around 80% down from before the Liverpool Council fiasco

It does happen but its rare

https://r.search.yahoo.com/_ylt=AwrIRlbHnoZb5G0AkWZ3Bwx.;_ylu=X3oDMTByaW11dnNvBGNvbG8DaXIyBHBvcwMxBHZ0aWQDBHNlYwNzcg--/RV=2/RE=1535577927/RO=10/RU=https%3a%2f%2fwww.offshore-mag.com%2farticles%2f2011%2f02%2fgryphon-fpso-dislodged.html/RK=2/RS=4fP4IUIpvmtmZwRVpzEKf5TMxNo-

However, the risers have fail close valves so if there is damage to subsea pipes no oil is hopefully lost to sea

Missed the boat?
Im in here already as from last month having decided now was a good time to re-enter as I was in over 3yrs ago when this was only 0.5p which I sold on the last big rise.
Im also aware that even at these prices, many are still heavily underwater having bought at the top of the last spike.
The SP will get to where it needs to with official news and then it will stay there.
All this getting far too excited leads to unsustainable rises on which people can and do get burnt.
You might not care as long as youve made your %age. I however do as I dont want to see anyone lose their savings as happens far too often.
I have a conscience, its a shame many others dont

Not that im aware extrader
From my experience the ships agents get notice of intended time of departure and go ahead to book pilots, tugs etc.
The Port Authority usually gets official notification before departure as part of the pre-departure bridge checks, usually by way of a VHF radio call to confirm departure etc
The ships agent will have advance warning but there are so many agents in Dubai its hard to know which one they are using.
However, call the Aoku Mizu Control Room and just ask for an updated ETD as below is probably the quickest and easiest way to get the info.
Of course theres no way of verifying the times given so they will have to be taken at face value but if some on here are that desperate to know, then the numbers are below to find out

All this excitement about tankers is great, it is but lets not get carried away.
We know there is oil there, we know tankers have arrived and took away lots of the good stuff but we arent in the production phase yet, we're still in the EWT period.
Tankers will come and go and not necessarily in any regular frequency, just in an ad hoc as and when needed to empty the storage tanks.
Loads of tankers arriving doesnt mean we've hit the jackpot, same as no tankers for a week or so doesnt mean that we've got a duster.
Yes its exciting but temper that excitement with a bit of restraint.
The SP will rise on a good RNS, to artifically rise beforehand exposes those who buy in at an inflated price to a massive losses if the news isnt as good as expected.
We all want this to do well but surely if you are a responsible LTH, you want this to grow in an organic sustainable manner not in an over-hyped manner, where the only winners are the rampers and day traders and the only losers are your average Private Investor who ends up holding the baby should the promise not be fully realised?
I dont care if I have to wait another few weeks for official news one way or another.
I want the SP to reflect reality and I dont want to see anyone dragged in by rampers and then left sitting on huge paper losses.
Just my opinion and not meant to criticise anyone

Eternity Well Test?
Extreme Wait Test?
Everbodys Wasting Time?
Empty Wallet Theory?

Ive seen similar arrangements posted elsewhere belisce6 so im hopeful that we should be able to get something similar, which should see an upturn in the SP, where I can then depart and wish you all the best in your optimism of reaching 8p or 9p.
I'll be kicking myself obviously if it does but i'll be happy for the other LTH's who finally got their rewards and will happily applaud them finally landing the spoils

Great post JJGazza

Yesterday lol

8.4p paid and we are blue with 3 decent buys this morning totalling ~£12k

If anyone wishes to know the exact time of departure then you can get it from the Aoku Mizu direct if you have the balls to do so. It wouldnt be unusual for a vessel about to leave dock to receive all sorts of telephone calls from suppliers regarding departure times to ensure spares or technicians can arrive in time.
So if anyone was to call the Inmarsat C phone numbers for the Aoku Mizu
Numbers:
430681110 [Inmarsat C Text / Data]

430681111 [Inmarsat C Text / Data]

430681112 [Inmarsat C Text / Data]

And crack on to be from Wartsila enquiring about time of departure as you have a box of emergency spares for the diesel generators ready to freight out but you need an updated Estimated Time of Departure to ensure that delivery can be made in time, then on you go.

I double dare you lol

SA im being optimistic by still holding onto my shares without selling at a paper loss despite the realist in me thinking this is probably going nowhere. Im optimistic that somewhere along the line we will get some news which will see the SP rise back up over the short term to allow me to get out of here without losing my shirt.
What happens then I dont really care anymore. I've been here for over 3 years and seen all sorts of predictions fall by the wayside.
For me personally Im done here as I just dont believe that the BOD will deliver what we all hoped for.
Again just my opinion and im still allowed it where my money is concerned.
Im just waiting for one good bit of news to see this rise so as I can get out.
I hope that I regret the decision to bail and you all go on and make your fortunes but the realist in me is now making my financial decisions from now on.
Again just my thoughts and I hope for everyones sakes that im proved wrong

The optimist in me says this will be well received if we bring in one of the majors
The pessimist in me says this will see us bring in no-one as IW2 results have scared off many potential suitors
The realist in me says we will get a smaller firm interested who will be handed the portfolio and we will end up with a poxy percentage of each bbl of oil they extract thus flushing most of our capital used to get here down the pan

Thats sadly where I see this going and as a LTH im massively disappointed

Lots of opinion, musings, ramping, deramping and all by people who think that they know best
Ultimately we all know nothing until SS issues another RNS
At which point this place either goes banans in a good way or a bad way but at least its exciting to be part of it

Anyone know what model and size of pump is being used?
As you could download the technical performance graph of the pump to guestimate flow rates but and its a huge but, you need to know the hydrostatic pressures, the diameter of the choke being used, the viscosity of the fluid etc etc so only a rough figure can be assumed without any or all of those specifics.
As a pump can race away at an increased rate but flow can be reduced due to lack of pressures from hydrostatic head etc