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Records: 124,667
Field Production Data, PPRS (WGS84)
FIELDNAME HORSE HILL
FIELDAREA LAND
LOCATION Onshore
ORGGRPNM UK OIL & GAS PLC
UNITNAME HORSE HILL
UNITTYPCOD T
UNITTYPDES Onshore Oil Field
PERIODYRMN 202312
PERIODYR 2023
PERIODMNTH 12
PERIODMNNM December
PERIODDATE 15 December 2023
OILPRODMAS 188.658
OILPRODM3 223
OILPRODMBD 0.045
OILPRDDENS 846
AGASPRODMA 6.755
AGASPROKSM 7.59
AGASPROMMS 0.009
AGASPRODEN 0.89
DGASPRODMA 0
DGASPROKSM 0
DGASPROMMS 0
DGASPRODEN 0
GCONDMASS 0
GCONDVOL 0
GCONDMBD 0
GCONDDEN 0
GASINJCV 0
GASINJVOL 0
GASFLARVOL 7.59
GASFLARDEN 0.89
GASFLARNH 4.5
GASVENTVOL 0
GASVENTDEN 0
GASVENTNH 0
INJWATVOL 0
INJWATMBD 0
WATPRODVOL 168
WATPRODMBD 0.034
REINJWATVO 0
GASPIPCV 0
GASPIPVOL 0
GASPIPVOLM 0
GASPIPDENS 0
Reporting Period Month Name December 45 bopd
Oil Production Mass (tonnes) 188.658
m3 233
Associated gas production mass (tonnes) 6.755
Associated Gas Production Volume (ksm3) 7.59
Gas Flared - Volume (Ksm3) 7.59
Gas Flared - Non Hydrocarbon (%) 4.5
Water production volume (ksm3) 168
Reporting Period Month Name November 44 bopd
Oil Production Mass (tonnes) 176.814
m3 209
Associated gas production mass (tonnes) 6.124
Associated Gas Production Volume (ksm3) 6.881
Gas Flared - Volume (Ksm3) 6.881
Gas Flared - Non Hydrocarbon (%) 4.5
Water production volume (ksm3) 185
Reporting Period Month Name October 45 bopd
Oil Production Mass (tonnes) 187.812
m3 222
Associated gas production mass (tonnes) 7.309
Associated Gas Production Volume (ksm3) 8.212
Gas Flared - Volume (Ksm3) 8.212
Gas Flared - Non Hydrocarbon (%) 4.5
Water production volume (ksm3) 202
Reporting Period Month Name September 48 bopd
Oil Production Mass (tonnes) 195.426
m3 231
Associated gas production mass (tonnes) 6.93
Associated Gas Production Volume (ksm3) 7.787
Gas Flared - Volume (Ksm3) 7.787
Gas Flared - Non Hydrocarbon (%) 4.5
Water production volume (ksm3) 186
"Conversion of these Equity Shares by the Investors now reduces the balance of the £2 million gross first cash sum received to approximately £0.66 million."
This is why they have Resolutions 3 and 5 so they can raise the cash to pay off YA.
They still have to deal with "£0.5 million receivable by no later than November 17th 2023, and £0.5 million receivable no later than February 16th 2024," if it ever goes through.
At the next AGM you can probably expect a resolution to raise at least another 20 or 2bn shares depending on the outcome of the GM. Whichever way you look at it UKOG has cooked its own goose.
Wednesday 6 March 2024
9:45am
Courtroom 2
Judgment hand-down
Lifestyle Equities CV and another (Respondents) v Amazon UK Services Ltd and others (Appellants)
Lord Hodge, Lord Briggs, Lord Hamblen, Lord Burrows, Lord Kitchin
----
Bertino (Appellant) v Public Prosecutor's Office, Italy (Respondent)
Lord Hodge, Lord Sales, Lord Burrows, Lord Stephens, Lord Burnett
----
Merticariu (Appellant) v Judecatoria Arad, Romania (Respondent)
Lord Hodge, Lord Sales, Lord Burrows, Lord Stephens, Lord Burnett
SS's £12k investment is worth less than £1k.
https://www.lse.co.uk/DirectorsDeals.html?shareprice=UKOG&share=Uk-Oil--Gas
"We were delighted that the North Sea Transition Authority ("NSTA") granted its formal consent for the conversion of Horse Hill-2z into a water reinjection well. With both the Environment Agency and NSTA permissions in hand, UKOG can now further expedite its plans for produced saline formation water reinjection at Horse Hill, removing the need for costly transportation and disposal of produced water at third-party sites. We estimate that the removal of these costs would add around £250,000 net earnings to the Company per year and reduce the field’s carbon footprint. Planning consent currently remains in full force and lawful oil production at Horse Hill continues."
Despite what some PI's are saying that was what UKOG said AFTER "Finchley" took SCC to Court.
Why else would UKOG buy the horizontal pump back in mid '22 if they weren't going to use it?
It will only get worse.
So far;
2023 AGM 8,438,550,000 = aggregate nominal amount of £843,855
If agreed;
2024 GM 14,767,463,100 = aggregate nominal amount of £1,476,746.31
Post 2024AGM;
Another 2bn shares +?
The saying "there's no fool like an old fool" appears to be very true on this bb. Looks like YA are firm believers in it. You can't hide from the facts. The question is how long will it continue?
27-Feb-24 16:24:20 0.006 75,000,000 Sell* 0.0062 0.007 4,500
26-Feb-24 16:36:14 0.00683 75,000,000 Sell* 0.007 0.0075 5,123
23-Feb-24 16:10:10 0.0074 75,000,000 Sell* 0.007 0.008 5,550
22-Feb-24 16:31:58 0.007 100,000,000 Sell* 0.0075 0.008 7,000
21-Feb-24 16:08:23 0.00713 75,000,000 Sell* 0.007 0.008 5,348
There are at least 19 other fields that could potentially be decommissioned before then but do you think they are going to advertise it? Wytch Farm is the biggest of them all. The writing is on the wall and has been for years for onshore oil. The majority of oil at Wytch Farm comes from the long reach wells towards the IOW.