500 mill Mkc, lets get real,serious1 Aug 2018 19:30
Please explain how a maximum of 1,000 boepd commercial oil would lead to a 500 mill valuation?
Please don't say UKOG could get there because UKOG will drill more wells..........They will take YEARS for UKOG to get planning permission from SCC and its nearly 100% sure they won't get planning permission........Heres Why
How many barrels in a tanker truck....200 they can hold or so?
Do you really think SCC are going to allow 30 oil tanker movements from HH every day??
.....Lets for forget oil well production declines in the first well, after a few years.....(Thats if even the flow tests are successful and the flow rates haven't dropped by 50%)
Pipeline maybe???? Nope that would take 5-10 years to get permission
Come on guys wake up....its a complete pipe dream