Member Info for Ezhik

What do you all mean. The 50million trade from 15th that was posted yesterday? Wishful thinking there. more likely a sell.

Lex. If you want a decent rise, better stand on a chair!. We need an unknown positive event i.e. new well, revised tax regime, or a better price for the gas.

It's a relief that the plant can actually handle the volume and the wells are performing though--always a bit of a niggle during early days.

Would be jolly nice if we were given the 6-12m look ahead if/when PB gives an interview over the next day or two. Development momentum needed.

Seems like we have been waiting since 1979 Wooster

Ref post 7thSept. Shellguy. The C7 to which I referred is the one now producing 300+ bbls a day unassisted. The same one that the company said they were putting into production.

McD. I'll be happy to receive the news that the tubing has finally been removed. Would be good PR to let us know how far they have progressed/how much remaining--I appreciate that some might panic if there is still a long way to go, but for me, it would be better to know. Then I guess they'll run a casing integrity test, check that its all there, make it's still round with no egg shapes and that the remaining cement above the production zone is intact otherwise you'll be busy squeezing more slurry into various perforations. They may already be onto checking integrity etc by now and all the U/S tubing could be in the scrap bin. Hence an update would be good.

What does a bank performance have to do with UKOG?

Was just about to post that we should see .2 again today with a few more buys coming in. 3-1 on the scoreboard. It's a no brainer as they say at this price. Expecting minimum .4 in a few short weeks.

" Installation of the rod pump is expected to be undertaken during October.".

October for the rod pump, therefore this is the source of the belief that production will be October. Increase flow up to max 250. Let it chug along at that until they are happy that there's no more mud lurking around, shut it in, drop the ESP and get it started at a low-ish rate and build it up. Nov if we are lucky or maybe Dec for steady state production at whatever rate BCE decide is optimal--should be at least 700. Would be good if they can forward sell some production to ally anyone's fears of equity raise. Soon be Christmas.

@Chain. Nope :). They are pulling out production tube, it doesn't get cemented in. This tube runs inside the casing or any open hole section. They need to squeeze cement behind the existing casing near to the production zone to try and seal the non production or possibly water contact zone from the production zone--they don't want oil or gas disappearing up the outside of the casing or water flooding in where its not wanted (if there is any). Not entirely sure how they will do the cement job but they will somehow need to estimate the volume required and then pump it down the inside of casing and force it back up the casing annulus or into any areas of damage as and where there are gaps using the cement pump pressure . Then circulate out as much of the remaining cement slurry as possible and if some remains or goes off before they get it out they may then have to go in and drill out any cement plug that has formed at the bottom of the hole. I expect there are different tools and different ways of achieving the same result, I never had to get involved in it myself but you might find something on one of the service company websites that describes a cement squeeze. I would suggest that however its done, its a tricky job nonetheless and needs to be well planned and executed with these high pressures involved. No envy there.

I mentioned yesterday that the reserves upgrade would open the door to RBL if they decide to accelerate development. --stable regime, central europe etc etc. That is if the income doesn't flow soon enough.

Headline SP going backwards, quite surprising after such a success after a difficult well. Hey ho. Bought some more this morning, looks like should have waited.

@stephenh. Hi mate, ignore them, you don't have to justify or ingratiate yourself to any swinging d*ck on here. It was a difficult well with problems that were overcome. Production is delayed because of it. Income will sort it out. SP was hyped..I'm not complaining, took 200% £10k profit on Thursday from 0.09. Have bought bigger today. Might buy more. Atb

@LedZep. Maybe he's a Hospital porter and forgotten which floor he left there patience on and after a frustrating couple of hours of searching, having lost his own patients, the patience came back of there own volition. Maybe he has girlfriend named 'Faith' too and all hat money gone as well. Their Their, must be in a rights state, never mind, they'll turn up when least expected. :) Sorry all-a bit bored just now but also amused, well done Zeparella :)---you seen them by the way? I like thier 'levee breaks' version and Gretchen is awesome. Of course, I know about the there's etc.

Just looks like people jumping off the Cliff, hopefully they are jumping with a profit otherwise the lunatics really have taken over. Or, Is there some other stock that everyone is piling into that perhaps I haven't noticed?

Thanks to those that sold I've bought a wedge at what I consider at least a 50% discount, so at 0.4 in the next couple months it'll give me another 100%. You can't fault it can you.! But TBH, they can stop bl&ddy selling now if they don't mind! otherwise I will have to go ahead and sell something else to buy some more, specially if it drops to .18 next day or two.

Boots emptied last week for 200% round figure profit, wasn't prepared to potentially lose a 200% gain so took the profit £10k, boots filled again today with the profit plus a bit more. Looking for at least 0.50 this year with stabilised production and reserves increase. Door maybe open for RBL to accelerate development instead of equity. Thank you Beacon.

@Smiler--Dont get a Boxster, wait a bit and buy a Cayman if you want that range of Porker. Or if its a 'Box', make it a 3.2s early one with miniscule miles. Or buy 1 of each--then you'll be as daft as I used to be lol. 1 x 944turbo Silver Rose, 1 x 993 rs Speed Yellow- (should absolutely never have sold it), 1 Tiger racing '7' with tuned duratec 2.0 and Vectra for work. Shuffling all those cars between garage and drive was entertaining. Tiger took way more space than expected and had rack and pinion un assisted steering. Anyhow--all gone now along with the money.

At a guess, once cleaned up and settled down into a steady state with an ESP (November maybe) they will run at the original mid estimate of around 600bbls. SP will be above todays figure--6-8 weeks shut off the computer and have a look at the end of Oct, add some more cos everyone will be in a panic about the 150-200bbls being produced by the pump.

Precisely. Depends on the broker. I couldnt buy anything for almost 15minutes even though plenty of deals were going through. This is the price one pays for broker choice.

Unable to buy anything, tried various amounts all NT. Typical HFX. Happy to have taken out 10k profit on Friday and left initial investment of 5k in place. Makes a change!

No production at all at the moment. Was supposed to have gone straight into production but another few weeks to wait. Maybe there's no oil at all and it was just a wide section of oil covered shale with nothing behind it. Best sell off everything back to 0.10. :).