George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Click on the 1m tab and not even 2% of issue traded per day since consolidation.
https://www.lse.co.uk/ShareChart.html?sharechart=UKOG&share=Uk-Oil--Gas
There is certainly a big space between Adrians ears. The man from Del Monte says yes so no real biggie. They still don't have the money to carry out the works on HH-1 or the HH-2Z re-injector or they would have already done it. You still can't push it uphill can you?
Someone should tell the biggest one he had better sell quick.
https://twitter.com/davethedrill1/status/1775910858196971981
Already down on what he bought at.
Https://twitter.com/davethedrill1/status/1775910858196971981
Bet he'll be happy seeing them being sold @0.053 .
Must be my bed time. Matron!
Ocelot
The Incinerator appeal at Portland hasn't been decide yet. It was held over 3 months ago. The HH decision is well overdue but nearly all expect it to go against Finch. How can you say "largely" when it is still being undertaken?
Who are these major players at Portland? Where are they going to get the hydrogen from?
You live in a dream world.
Ocelot
Fact. UKOG have proved on numerous occasions since Broadford Bridge that everything they have touched has not turned out to be oil. BB-1, BB-1Z, HH-2, HH-2Z, HH-3, Arreton, Loxley, Basur-3, Pinarova-1 and maybe others I have forgotten. Not exactly a good track record and everything UKOG does is "speculative" imo.
Deltavegatheta
They have already issued 206,965,282 of those
https://www.lse.co.uk/rns/UKOG/loan-reduction-via-equity-share-subscription-q0o32tyoed5rmo3.html
Taverham
You do realise the Portland stone is above where they are going to drill.
https://wessexcoastgeology.soton.ac.uk/gif/portsec.gif
Up to another 500m shares will be need for the final £1m from YA under the original agreement. You only need to look at the trades since consolidation, especially those sold, to realise YA are having problems offloading. It will be clearer after another 2 days on the 1m graph.
https://www.lse.co.uk/ShareChart.html?sharechart=UKOG&share=Uk-Oil--Gas
I can't see YA carrying on once the £3m has been cleared so UKOG will have to find another source of funding.
UK onshore oil and gas production in charts – January 2024
UK onshore gas production rose 6% in January 2024, with the second consecutive monthly increase at the leading field, Saltfleetby.
Full article here:
https://drillordrop.com/2024/04/03/uk-onshore-oil-and-gas-production-in-charts-january-2024/
The newest onshore oil producer, Wressle, saw production increase 39% over the month but total UK onshore oil fell slightly with with a small drop at the biggest field, Wytch Farm.
Opponents celebrate refusal of permission for Broadford Bridge oil site
Campaigners against oil and gas operations across southern England gathered in celebration outside a site which was refused planning permission last week.
Full story here:
https://drillordrop.com/2024/04/02/opponents-celebrate-refusal-of-permission-for-broadford-bridge-oil-site/
Just for Adrian. I know he feels left out if you don't mention them.
"UKOG's net share of Horndean production revenues was £297,000 for calendar year 2023, with net earnings after costs of £140,000." At least they improved unlike Horsehill.