George Frangeskides, Exec-Chair at Alba Mineral Resources, discusses grades at the Clogau Gold Mine. Watch the full video here.
At least we know someone was in the office yesterday.
28 Mar 2024 Consolidation of shares on 5 March 2024
View PDF Consolidation of shares on 5 March 2024 - link opens in a new window - 4 pages(4 pages)
20 Mar 2024 Change of share class name or designation
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15 Mar 2024 Sub-division of shares on 5 March 2024
View PDF Sub-division of shares on 5 March 2024 - link opens in a new window - 4 pages(4 pages)
12 Mar 2024 Statement of capital following an allotment of shares on 27 February 2024
GBP 14,837,846.13269
View PDF Statement of capital following an allotment of shares on 27 February 2024
GBP 14,837,846.13269
- link opens in a new window - 3 pages(3 pages)
08 Mar 2024 Statement of capital following an allotment of shares on 29 January 2024
GBP 14,537,346.13269
View PDF Statement of capital following an allotment of shares on 29 January 2024
GBP 14,537,346.13269
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08 Mar 2024 Memorandum and Articles of Association
View PDF Memorandum and Articles of Association - link opens in a new window - 46 pages(46 pages)
08 Mar 2024 Resolutions
Resolution of allotment of securities
Resolution of adoption of Articles of Association
Resolution of removal of pre-emption rights
Sub-division 05/03/2024
View PDF Resolutions
Resolution of allotment of securities
Resolution of adoption of Articles of Association
Resolution of removal of pre-emption rights
Sub-division 05/03/2024
- link opens in a new window - 2 pages(2 pages)
Balancedviewer
So yet another s***stirrer who comes onto a BB where they have no interest. We certainly get our fair share on here. Why not call the Samaritans. They have trained people who will actually listen to you.
More like acute oak decline.
https://www.google.com/finance/quote/UKOG:LON?window=5Y
"unbalancedviewer" is a more appropriate name given the fact that your posts are not at all balanced. Why should I reply to someone who hardly ever visits this board when most on here know full well if I hold shares here or not. You really do know how to pick shares to invest in. In my view you are totally unbalanced. You are not even worth stalking. Best to do your research before looking and sounding stupid.
Turns out they have had 5 bites at the cherry to raise cash in the last 4 years.
23 February 2024
Resolutions 3 and 5 are being proposed at the Reconvened GM to allow the Company to raise funds this year to deliver its stated strategy and growth objectives, which include progressing both the material Loxley gas development and the strategic Portland hydrogen storage project, one of the largest planned in the UK. Failure to carry resolutions 3 and 5 will, therefore, mean that the Company will not be able to fully implement its operational and growth strategy.
01 February 2024
In the light of the recent successful Court of Appeal decision upholding the Company's planning consent to drill and test the discovered Loxley gas deposit, the Company now aims, subject to further funding, to commence the planned Loxley-1 appraisal programme in the second half of 2024. Certain costs associated with the discharge of pre-commencement planning conditions will also need to be funded.
28 June 2023
The funds will fully fund working capital necessary to progress the Company's key planned activities over the next 12 months, which include:
· Loxley gas discovery: discharge of planning conditions and preparations for site construction, plus a potential farmout to cover the planned appraisal and development programme,
09 July 2021
Open Offer of up to 2,643,429,529 Open Offer Shares at £0.0018 per share
In addition, within its UK portfolio, the Company also plans to fund regulatory works at Horse Hill, ongoing licence obligations and work related to the planning applications to drill at its Loxley and Isle of Wight sites, together with costs related to developing new geothermal projects at its sites and elsewhere.
04 June 2020
Raised £4.2 million at 0.2 pence per share to provide funding for the above and other key activities. To include preparations for work at the Loxley Portland gas appraisal well site, if planning approval is granted on 29 June, and follow-up of the Arreton, Isle of Wight planning application. Placing details are provided below.
Https://drillordrop.com/2024/03/27/loxley-drilling-deadline-extended-again/
https://environment.data.gov.uk/public-register/api/search?name-number-search=UKOG+%28234%29+LTD
UKOG
@UKOGlistedonAIM
·
11m
LOXLEY GAS PROJECT: Remember, Competent Persons Report in Feb 2023 stated post-tax 2C case present value was assessed at £124 million net to UKOG using end December 2022 gas prices. https://tinyurl.com/2ra8dtyd
UKOG
@UKOGlistedonAIM
·
15m
LOXLEY LATEST: Following Appeal Court’s decision upholding lawful planning consent, NSTA grants one-year extension to the Retention Area work programme, so, if required, the Company has an extra year to end June 2025 to start operations. https://tinyurl.com/3t39u42h #gas #AIM #energy
There are still Planning conditions outstanding and no money to pay for the drilling so good luck with that.
Our Reference
SCC_Ref_2023-0094
Application Number
WA/2023/01259
Application Type
Details Pursuant Minerals/Waste
Status
Under consideration
Decision
Location
Loxley Well Site - Land South of Dunsfold Road and East of High Loxley Road, Dunsfold, Surrey
Proposal
Details of a Noise Mitigation Scheme pursuant to Condition 12 of appeal decision ref: APP/B3600/W/21/3268579 dated 7 June 2022.
Our Reference
SCC_Ref_2023-0096
Application Number
WA/2023/01258
Application Type
Details Pursuant Minerals/Waste
Status
Under consideration
Decision
Location
Loxley Well Site - Land South of Dunsfold Road and East of High Loxley Road, Dunsfold, Surrey
Proposal
Details of a Noise Monitoring Plan pursuant to Condition 13 of appeal decision ref: APP/B3600/W/21/3268579 dated 7 June 2022.
Our Reference
SCC_Ref_2023-0074
Application Number
WA/2023/01034
Application Type
Details Pursuant Minerals/Waste
Status
Under consideration
Decision
Location
Loxley Well Site - Land South of Dunsfold Road and East of High Loxley Road, Dunsfold, Surrey
Proposal
Details of highway and access works pursuant to Condition 7 of appeal decision ref: APP/B3600/W/21/3268579 dated 7 June 2022.
Our Reference
SCC_Ref_2023-0075
Application Number
WA/2023/01033
Application Type
Details Pursuant Minerals/Waste
Status
Under consideration
Decision
Location
Loxley Well Site - Land South of Dunsfold Road and East of High Loxley Road, Dunsfold, Surrey
Proposal
Details of a Transport Management Plan pursuant to Condition 9 of appeal decision ref: APP/B3600/W/21/3268579 dated 7 June 2022.
Our Reference
SCC_Ref_2023-0076
Application Number
WA/2023/01032
Application Type
Details Pursuant Minerals/Waste
Status
Under consideration
Decision
Location
Loxley Well Site - Land South of Dunsfold Road and East of High Loxley Road, Dunsfold, Surrey
Proposal
Details of a Construction Environment Management Plan (CEMP) pursuant to Condition 24 of appeal decision ref: APP/B3600/W/21/3268579 dated 7 June 2022.
UK Oil & Gas PLC (London AIM: UKOG) is pleased to announce that following the Court of Appeal's 9th January 2024 ruling refusing any further appeals against Loxley's lawful planning consent (RNS of 10 January 2024), the North Sea Transition Authority has now granted a one-year extension to the PEDL234 licence's Retention Area Work Programme in which the Loxley gas discovery is contained.
In order to retain the full 300 km² licence area without any future partial relinquishment, the Company must now commence drilling the Loxley-1 appraisal borehole no later than 30 June 2025. Loxley-1 is designed to confirm the commercial viability of the Company's material 100%-owned Loxley gas discovery and its related hydrogen feedstock project.
Loxley's current Competent Persons Report ("CPR") (see: RNS 21 February 2023) assessed that Loxley, one of the UK onshore's largest historic gas discoveries, contains a mid-case 2C Contingent Resources recoverable volume of 31.0 billion cubic feet net to UKOG. The CPR's associated post-tax 2C case present value (at 10% discount rate) was assessed at £124 million net to UKOG using end December 2022 gas prices and £87 million net to UKOG using an RPS Energy forward price forecast. The CPR is available on the Company's website www.ukogplc.com .
The Loxley CPR's recoverable volumes stated as Contingent Resources (as defined in the glossary below) should not be construed as Reserves (also defined below). Further successful development of the asset would be required to seek to move the CPR classification to Reserves.
"The Resan exploration licence where AME has currently a 50% working interest and is operator, the Pinarova-1 shallow well (600 meters) was drilled and tested. Oil shows did come to the surface but after several tests thought not to have accumulated in commercial quantities. The Joint Venture (with UKOG) is discussing future operations with 2 potential drilling locations identified. These will be to test a deeper horizon (2,000-2,500 meters) to locate where the surface oil seeps are originating. The exploration licence has 1 more year to run (before extensions)."
"The testing of a shallow accumulation on the Resan exploration licence with the Pinarova-1 well did not generate positive results. However, the surface oil seeps continue to encourage further exploration on this licence. 2023, therefore, did not move AME forward and AME will continue to focus on production wells in 2024 to enhance cash flow."
"There is a commitment well to be drilled on the Resan exploration licence in 2024. The JV is in the process of agreeing the drilling target."
https://aladdinmiddleeast.com/wp-content/uploads/2024/03/AME-2023-Annual-Report.pdf
Penguins
Beg to differ. Here is the seismic prior to.
https://postimg.cc/ZCmtqTPH
As you can see there is hardly any seismic for the Kurtalan field compared to what they have now.
Https://postimg.cc/8F8BHWfh
Why carry out seismic outside the licence area?
Since the discovery of the Oymantepe oil field by AME in 2014 in the East Sadak license, the Reşan license has become one of AME’s core exploration assets. The license offers a huge potential for exploring oil in multiple play concepts with its proven hydrocarbon; thrust structures along the Tilan-Başur-Reşan axis, Mardin “Leads” in the tectonically more stable Eastern part of the license, and the shallow amplitude plays in Eocene-Oligocene age formations.
The main target reservoirs are Upper Cretaceous aged Beloka and Mardin Group carbonates within the Reşan-Başur anticline. There are several wells with oil tests along this trend in the license area; Başur-1 (1965) produced 325 bbl of oil during testing the well, Reşan-5 (1957) tested oil at a DST (20 liters oil), and oil shows were observed during the drilling of Reşan 2 and 3 (1955). Moreover, Kurtalan-1 (1961) which is only a 3.8 km downdip from Tilan-1 (1966), produced 219,000 bbl of 33 API oil from Garzan formation between 1961-1971.
In June 2021, the Başur-3 exploration well was spudded to twin the oil-tested Başur-1 well, however, it did not reach the planned TD due to technical reasons and it was P&A’d in July 2021 in the Lower Germav formation.
During the 2D seismic data acquisition program in 2022, light oil seepages (41-47 API) were observed in several explosive shot holes. Oil shows were observed at the Germik base limestone interval during the drilling of a geothermal well (Kezer-1) in 2019. The emulsion also came to the surface while lowering the 9 5/8” casing to the top of the Hoya formation. After identifying near-surface amplitude anomalies associated with positive indicators from post-stack seismic attributes on one of the legacy 2D seismic lines running near both the shot hole and the geothermal well, a shallow amplitude play concept has been developed. Pinarova-1 well drilled to a total depth of 600m to test this shallow amplitude play concept in April 2023. After extensive well-completion operations, the well was P&A’d in February 2024 due to not recovering any hydrocarbon at commercial quantities.
Ocelot
Have UKOG done their research on the underground oil tanks above where they plan to drill these salt caverns? The previous Planning Applications never mentioned them. Better tell your bosses about them.