Member Info for DaveWin

Is he bringing a bag of magic beans?

The good news just keeps on coming

Its a crazy place
Up is down
Down is up
Left is right
Right is left

As long as you grasp this early doors then you'll be fine

Ive just checked my HL account and currently have just over £20k invested here, but accounting for the fall in SP on the disastrous #IW2 results my balance stands at 40% loss.
My own fault as I genuinely thought that they could get it to flow and so topped up prior to the RNS.
You live and learn and ive learnt not to put much faith in this BOD to deliver on hopes and expectation

The majors are circling awaiting the Kimm test results?
Nailed on id say

Try here sandman1982 http://www.lse.co.uk/share-regulatory-news.asp?shareprice=UKOG&share=uk_oil_and_gas

Agree completely
Nothing to say here other than *subject to farm out

So tell us when youve completed the farm out, then and only then will anything else have meaning and until then its just more hot air

The MMs have triggered the stop losses, now its time to let this bad boy off the leash

Approx 12-15km of sunken pipeline heading south towards Worthing will cause the least environmental impact.
Then a subsea pipeline of 35km around to Esso Fawley, seems the most plausible long term solution to transporting the oil in serious quantities.
Obviously dependent on Kimm quantities but if its as large as they think, then relying on road tankers will simply not be an option. Fixed pipeline, 2-3years from start to finish to complete depending on planning and funding etc.
The easy part would be the subsea section and only the gods know if planning would be given to run a trench alongside the A272 but id suggest this was the easiest option.
Ive a friend who does the planning for this kind of work by running gas pipelines around the UK, for upgrades to existing infrastructure or new runs. Thats the time scale he mentioned last night when I asked him about the possibility

They are just playing the game and grabbing shares when they can
No doubt once they have enough shares the SP will begin to rise again

Ho hum cd66beta 🖕

StarBright i look forward to that RNS :-))

Corporate presentations do we need?
Ive been invested here for almost 4years.
Ive seen the SP rise and fall
Ive seen carrots dangled and promises of jam tomorrow and having read the presentation this morning its more of the same.
Lots of pretty, unitelligible coloured maps, showing blocks succesfully drilled and guess what?
None of them are ours and the ones that are ours then our BOD havent managed to flow succesfully.
Farm outs are the next stage, so basically we are saying we cant affors to do it ourselves, despite having fund raised time and time again. Nor do we have the expertise to do it ourselves as shown by the IW2 debacle.
Im praying that some other mugs are taken in by this BS, not least so as I can sell up without losing my shirt having bought into the BS peddled by the BOD over the years.
What a dogs dinner of a company and im so bitterly disappointed that I believed in them to the extent that I did.

Could be
Could also be that they are there to encourage farm ins
Or oversee move out of AIM
Might even be used to explore alternative finance options for full development of fields
All sorts of possible reasons

I say its now nailed on.
Prove up Kimmerridge
Obtainn the production licenses
Farm out 50% of Portland and in return receive enough £££'s to fund full production costs of Kimmeridge
That way no further fund raise and we bring in a JV partner to bring their experience

Penguin
I think that after a few weeks of testing you ask too much.
Im only surprised you arent dissapointed that SS shoe size isnt included nor what he had for breakfast a week ago on Tuesday #AskingTooMuch

The Company's economic modelling indicates that HH-1 Portland is robustly commercial at even the lowest observed sustainable daily rate of 140 bopd and at oil prices below $60 per barrel
We saw 362bopd
Downhole pressures recovered quickly on shut in, indicating good connectivity to Portland reservoir.

And wait until we get a horizontal drill done, then we will really see some figures.

Anyone and I mean ANYONE trying to paint this as a poor RNS is frankly speaking out of their derriere

And frankly they can only manipulate the SP for so long, I've topped up and the market will speak

Blue is the colour

Commercial

Thats all that needs to be said

Bring it on. Laughing all the way to the bank with this. Well done to all involved