Member Info for Ibug

UKOG could change their name to "United Kingdom Own Grown".

But first mention of;

"Technical and commercial discussions continue with CeraPhi Energy regarding potential for a geothermal and agribusiness project incorporating the Broadford Bridge asset."

Yet another "arm waving" project imo. Just confused about why UKOG would want to go into farming or is this just another case of UKOG not knowing what they are really talking about?

Or is this a clue as to the way forward?

https://ceraphi.com/geothermal-farms-could-grow-tomatoes-melons-and-pineapples/

That will please some on here.

You really do need to watch these guys!

Adrian showing his true colours already. Didn't take long did it?

I'm sure the 30+bopd from Avington will really help. Don't we get 5% of that?

Desree

I didn't even mention a placing. Are you really worried the company is going to do one?

G-Martin

Old news is no news which is why the update us. Cash for Pinarova did not cover extra seismic and extra perf guns and extra time.

They have to pay for reinjection project first before the see any benefit.

Best not to confuse PI's with "only in my dreams". Very disingenuous imo.

Desree

And where are they going to get the money to carry out the work? Some just can't see the wood for the trees?

31 March 2023 Cash and cash equivalents £2,262,000

30 September 2022 Cash and cash equivalents £4,595,000

Haemorrhaging nearly £200k a month by my calculations.

6 months ended 31 March 2023 (Unaudited) £'000 Revenue 890 Other Cost of sales (310) Administrative expenses (1676)

6 months ended 31 March 2022 (Unaudited) £'000 Revenue 911 Other Cost of sales (408) Administrative expenses (1402)

Revenue down in same period as last year.

Cost of sales down in same period as last year.

Administrative expenses up in same period as last year.

Church of England divests from fossil fuels

Phew! No mention of UKOG.

Full story here:

https://drillordrop.com/2023/06/22/church-of-england-divests-from-fossil-fuels/

If you search for any of the quotes in inverted commas you won't find anything Makes you wonder who said it or is it just made up?

More deflection from Mein Herr Sanderson.

UKOG

@UKOGlistedonAIM

·

7h

UKEn: Minister for Energy Efficiency backs our hydrogen storage project at Portland Port and says: “2025 is an ambitious but achievable timeline for designing a business model, which provides both investor certainty and value for money for Government”.

UKOG

@UKOGlistedonAIM

·

7h

UKEn: “Mr (Stephen) Sanderson highlighted the importance of hydrogen, and in particular hydrogen storage, for the future UK economy. Low carbon hydrogen could form a key part of our future energy system”, says Minister for Energy Efficiency Lord Callanan.

UKOG

@UKOGlistedonAIM

·

7h

UK Energy Storage (UKEn): Lord Callanan, Minister for Energy Efficiency and Green Finance, says: “The development of hydrogen storage infrastructure, including salt caverns, is a critical next step in the growth of the hydrogen economy.”

Ocelot hasn't picked up on the number of days in the last month where the number of trades has reached over 100,000,000. We did get close to the least number of trades in a day a couple of times though.

https://www.lse.co.uk/ShareChart.html?sharechart=UKOG&share=Uk-Oil--Gas

They need money for HH-2Z reinjector project.

They need money for HH-3.

They need money for Pedl 137 and Pedl 246 seismic.

And that is just HH

I think Farmhousepete is missing his friend at HH the same as he is missing https://www.lse.co.uk/profiles/freeasabird/. Bet LSE have left it up there to taunt him and so no one else can claim the name.

They must have been replying to all of Adrians posts that have been removed.

A bit like the 3 Judges from the appeal!

LORD JUSTICE LEWISON

SIR KEITH LINDBLOM

(SENIOR PRESIDENT OF TRIBUNALS)

and

LORD JUSTICE MOYLAN

Still not sure where UKOG got 5 from. I wouldn't even bother giving Joe90 a single digit.

This time it is Secretary of State for Housing and Communities and Local Government vs The Office for Environmental Protection.

Adrian

"So much for Ibugs 6 months loooool"

Get your facts right. I said;

"It's a long wait till the Autumn to get the results." which is in 3 months time.

Adrian

Name the 5 previous judges then. Let's see how good you are.

Adrian

I don't even live in the UK so I don't really give a toss. Portland is another matter.