Member Info for Gordonbennett1

Great question!! And with 3000 trades compared to this weeks hottest stock by a long shot Ppp’s 2000, just what is in store here next week? Quite remarkable

Fair point sir! Monday will be much of the same if volumes anything to go by

What we know!

Labour are actively looking to invest in this sector particularly carbon capture and hydrogen storage. Within their manifesto they outline their immediate actions required for meeting future targets. This requires investment and a successful roll out to meet such targets.

https://labour.org.uk/change/make-britain-a-clean-energy-superpower/

As per the Company's 29th May RNS, the Department of Energy Security and Net Zero ("DESNZ") currently plans to open the Allocation Round in Q3 this year. Aka NOW.

With LOS’s from both SGN and SEEL (Sumitumo) UKOG have the backing from two absolute power players to take this forward, perhaps the desnz have already stated comms with UKOG…

UKEn plans to apply for government Revenue Support for at least one of its hydrogen storage projects in the forthcoming Allocation Round, currently scheduled by DESNZ to commence in Q3 this year, post General Election.

Whilst UKOG's proposed hydrogen storage projects are at an early engineering design stage and there can be no certainty they will receive government Revenue Support, the Company is committed to furthering these key strategic UK infrastructure projects which remain a key part of the Company's overall future strategy. The Company expects to receive further LOS in due course.

The full LOS is available on the Company's website www.ukogplc.com .

Stephen Sanderson UKOG's Chief Executive commented;

"We are delighted that SEEL, the UK based energy transition subsidiary of one of Japan's most significant global trading houses, Sumitomo Corporation, has recognised the strategic significance and potential material future value of our planned hydrogen storage projects. Their LOS will help ensure we meet the application criteria in DESNZ's forthcoming Hydrogen Storage Revenue Support Allocation Round, a key step towards delivering our projects. We look forward to continued and fruitful cooperation with SEEL/Sumitomo and to securing further LOS from other potential storage users and investors"

Debt free!! Remember who we are partnering at HH YES PPP.

UK Oil & Gas PLC (London AIM: UKOG) is pleased to announce that it has fully repaid the balance of the convertible loan facility with RiverFort Global Opportunities PCC Limited and YA II PN Ltd and, as a result, the Company is now debt free.

UK Oil & Gas LON:UKOG gets the notable mention, also 20% higher having announced this morning that a convertible loan note has been fully repaid, leaving the company in a debt free position. Trading in the stock was notably elevated from recent levels.

Debt free assets worth far more than two mil

Why would there be? We had a super RNS yesterday confirming the death spiral debt package has been ditched and paid in full. Another today telling us a new stake holder has taken 12%.

Onwards and upwards from what was a decimated price, mainly due to the convertible note which is no more.

All aboard! Let’s see the late trades, that was a massive volume day for us! #gbenergy

Seems so

#gbenergy

The debt repayment is huge here, that and the fact we know UKOG is actively working with the uk gov!

Derampers try so hard it’s hilarious, why are you trying to be heroes?? A true heroes lets the people prosper this is going far higher!

#gbenergy

It’s important to remember just how important this sector is to the uk gov and its net zero targets! It’s the future and labours flavour of the month! STARMER HAD TO DELIVER WITH GB ENERGY! It was his greatest promise!

Great timing grange, ppp has had a great run but it won’t go on forever, profit is profit here’s to another ten bag

About to blow .3

Fantastical the same guy who told everyone PPP was a a dude

To drill hundreds of wells would take decades. Most texan wells production decline very quickly to.

So 12.5% is no big deal over the short to medium term imho.

0.28 !! told you .3 plus finish!!!

Https://www.businessgreen.com/news-analysis/4338790/government-uks-carbon-capture-plans-track

Yup I am also NT to buy small piddly amounts

Lots of bitter posters showing up, this has the hallmarks of Legina PPP

Don't be silly it placed two weeks ago, do some research, this is on the cusp of a transformational government consignment