Member Info for Haywain

Arreton north or south?

and another reason why it is important to be self sufficient in energy terms and as a country.

https://www.bloomberg.com/news/articles/2019-04-26/the-giant-soviet-pipeline-system-that-s-full-of-tainted-crude

no still alive on twitter - perhaps just not posting here

They were a bit cash strapped and Lenigas needs his salary so he can buy more ukog shares

Just when you think the the motely fool's reporting standards could not possibly get any worse, they release another article - Beggars belief: who actually follows them is beyond me.

Can someone point me to where I can read this article pls

I was thinking similar zoom with regard to the evaluation it will be interesting to hear the numbers from the kimmeridge as that could be the real game changer ("Billions I tell ya!" - as the ex con phrases it)- of barrels of oil are down there but how much recoverable / how much can be quoted as reserves?: even at single digit percentages that still equates to 10's of million barrels and at valuations expressed by SS recently of approx $15 per barrel in the ground it would be interesting to see what value would be achievable for HH: Certainly enough to complete the exploration/appraisal/development & production work required on the other licence areas: but would we want to sell with weekly revenues coming in and a bird in the hand so to speak??

I agree with you but the initial issues at Broadford Bridge, media biased reporting towards greenies, dubious financing deals making it easier to short, incessant negativity and scare mongering by the greenies/ nimbies/ shorts on this bb has seen a collapse in both share price and sentiment. However, as we move into permanent production at horse hill, quantities are backed by cpr, other sites start replicating the results at horse hill, II’s start reaching into their pockets and the media get behind Britain then the volume and sentiment will return and potentially in a big way- with that the share price will recover and potentially reach new highs: a bit of faith and a bit more patience required : happy to hold and wait IMO

Wondering if this is going to be the final land grab in the end game or whether there are more to come?

So if I read this correctly JayKay you are saying that up to half of UKOG's current market cap is underpinned by the 10 million bbl 2C reserves in the portland at the arreton north site (not bad) - then we have arreton south with a larger portland pool than arreton north, HH portland, HH Kimmeridge, Goodley bridge Gas and weald sweet spot for kimmeridge and then a second shot at broadford bridge with what we have learned from HH: think the prospects are pretty good.

I certainly can imagine Wizard - the probability of success is increasing and the overall potential of what assets UKOG currently have is becoming slightly clearer. I still think that there will be a few revelations that will add crystal clarity to this investment decision over the coming weeks- Glad for the moment that I doubled my holdings last week despite the lack of balance in my portfolio.

appreciate that wizard and the financing is key : nobody likes dilution. If what they say is true and we are fully funded to production that will fudn the rest of the projects /if not loan facilities available based on asset value then we shoudl never see 1p again - I was running the numbers and it would not surprise me to see new highs in a couple of years time if not before if a major gets involved.

Was jsut having a reread of the corp presentation http://www.ukogplc.com/ul/UKOG%20Corporate%20Presentation%20Nov%202018..pdf

there are lots of ifs buts and maybes but if this comes to fruition then UKOG will be absolutely huge. Very exciting times

I get absolutely no work done at all when ukog is rising like this - so I might paint one myself whilst waiting for the 5.30pm RNS

would be nice to have a TR1 with French buying but better to have a second with BP crossing the threshold....( In my dreams)

actually I would say there is a slim chance of that argus tomorrow being saturday but I do take your point ..Monday on ward and upwards - you never know their might be some national press action in the papers at the weekend.

todays action is the same as the last few days - think it will float around this level for the rest of the afternoon and then another large trade at the bell - we will see

Seems like they are readying the site - Lots of activity on site this morning ...

Between 7 and 13p

Its annoying how it is exactly at the mid point between the bid and the ask so you cant tell if a sell or a buy - But given how the share price held all afternoon you have to assume that it is a buy