Member Info for Ibug

Unfortunately most have been blanks or missed the target. The fact that they are only producing a limited amount of oil from HH-1 would tend to confirm it. And the failure to dual complete from HH-1 could well be classed as a shot in the foot.

And for those of you who don't know when the 1st half of April is it is between the 1st and 15th of April. I would hate to think it wasn't effing obvious in the first place.

What? Only 1 tweet so far today!

UKOG
@UKOGlistedonAIM
·
13m
TURKEY UPDATE: Construction of Pinarova-1’s pad and access road has now been completed. Drilling to a total depth of around 500-550 metres below surface is now expected to commence in the first half of April 2023 following drilling rig mobilisation. https://tinyurl.com/5fzyjvr9
UKOG
@UKOGlistedonAIM
·

https://www.londonstockexchange.com/news-article/UKOG/turkey-pinarova-1-construction-completed/15899025

Turkey: Pinarova-1 construction completed

How low will they go?

UKOG
@UKOGlistedonAIM
·
43m
LOXLEY LATEST PART 2 (Contd ...) and can provide up to £383 million in taxes to the exchequer equivalent of 11-12,000 NHS nurse’s salaries. One would think HMG should be overtly supportive?
UKOG
@UKOGlistedonAIM
·
45m
LOXLEY LATEST: Loxley gas development in full accord with Govt’s “Powering Up Britain” policy; Loxley a material secure UK supply of 4 times lower carbon intensity gas than imports, can be onstream in the near future for conventional power/ reforming into blue hydrogen ...(contd)

Has to be the drill of the century. So much so the operator has not even acknowledged it's existence. Normally one would get a big rise into the spud which was supposed to be before Saturday. Will they call it the Turkish duster? Give it a month or so and we could find out.

elle
4 wells. They have drilled 2. All subject to one court case. Better not forget your mate Sarah.

Look on the bright side. IG can sell what they want and not have to declare it now. I for one shall be keeping an eye on the trades.

elle
But at what cost?

Percentage of revenue from wells HH-3 onwards to HH-6
PPP 49%
UKOG 36.635%
ALBA 11.765%
DOR 2.6%

A bitter pill to swallow in the long term. That is nearly 2/3 of revenue given away from 4 wells given away for the next 12 years at least if the deal goes through. Amazing what some will do to cut off one's nose to spite one's face. Boy am I glad I'm not stuck here.

elle version IV or Adrian?

Only time will tell but my money is on elle though as he is always trying to get others banned.

I wonder how he took this?

"Alba notes the above statement that the proposed transaction is subject to the satisfaction of a number of conditions, including the full consent of all HHDL's shareholders. Alba looks forward to discussing the proposed transaction with UKOG and Doriemus, the other shareholders in HHDL, and considering the merits of the proposed transaction for Alba and its shareholders. "

https://twitter.com/UKOGlistedonAIM

UKOG
@UKOGlistedonAIM
Official Twitter account of UK Oil & Gas PLC, operator of well sites in the Weald Basin, investor in Turkey and team behind the Portland Port Hydrogen Hub
Londonukogplc.comJoined December 2013
1,838 Following
6,424 Followers
Followed by G18 BKP ™
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UKOG’s Tweets
UKOG
@UKOGlistedonAIM
·
46m
UKEn: Our Portland Port storage project in Dorset is crucial to the government’s plans set out today. We intend to build the largest underground #hydrogen storage in the UK that can provide 20% of the total national storage demand in 2035.
gov.uk
Shapps sets out plans to drive multi billion pound investment in energy revolution
Energy Security Secretary outlines steps to strengthen Britain's long-term energy security and independence to help deliver clean, prosperous future for the country.
UKOG
@UKOGlistedonAIM
·
53m
UKEn: Our Portland Port storage project in Dorset is crucial to the government’s plans set out today. We intend to build the largest underground #hydrogen storage in the UK that can provide 20% of the total national storage demand in 2035. https://tinyurl.com/39d64wfe
UKOG
@UKOGlistedonAIM
·
56m
UK ENERGY STORAGE (UKEn) welcomes today’s government plans “to strengthen Britain's long-term energy security and independence to help deliver a clean, prosperous future”. But there is no time to waste ... #poweringupbritain
gov.uk
Shapps sets out plans to drive multi billion pound investment in energy revolution
Energy Security Secretary outlines steps to strengthen Britain's long-term energy security and independence to help deliver clean, prosperous future for the country.

They obviously didn't take much notice of the last Weymouth CC Planning Meeting and the rejection but so what when they are just riding the wave off mug punters to pay them.

Pbo
No. perhaps you should review them as they are normally nothing to do with the subject. You will to wait a long time for a rig arriving at HH. It may be summer or later depending on how the High Court action goes.
I'm sure Adrian will welcome you with open harms.

Trish63
You do know the Annual Report is due tomorrow don't you?

You can't argue with this!
Pboo
Posted in: UKOG
Posts: 6,193
Price: 0.06
No Opinion
RE: Rns farmout30 Mar 2023 08:32
Ibug

Pboo
Posted in: UKOG
Posts: 6,193
Price: 0.063
No Opinion
RE: RE: Brent19 Mar 2023 08:27
Ibug

Pboo
Posted in: UKOG
Posts: 6,193
Price: 0.063
No Opinion
RE: Brent18 Mar 2023 08:05
Ibug

Pboo
Posted in: UKOG
Posts: 6,193
Price: 0.068
No Opinion
RE: Turkish Delight02 Mar 2023 08:34
Poor Ibug

Pboo
Posted in: UKOG
Posts: 6,193
Price: 0.064
No Opinion
RE: RNS01 Mar 2023 07:12
What's up Ibug,

Pbo
Evidence is never wrong. You really do have a problem with me don't you? If I lived in the UK I would be very warry of any caravan I saw.

Pbo
It's all you deserve for posting on a board you have no interest in. Some would call you a troll. To me you are just an unwelcome stalker who normally starts his posts on here with "ibug".

Could DOR tip the scales?

Percentage of revenue from wells HH-3 onwards to HH-6

PPP 49%

UKOG 36.635%

ALBA 11.765%

DOR 2.6%

They have had patchy rain in the last 7 days. There is rain/snow due Friday and a bit of rain from Wednesday onwards. Any excuse not to spud in Q1.

If it all goes through this ishow it will look. And some of you think this is the dogs bollick?

Read in 5 columns. The formatting is bound to mess it up.

PPP UKOG ALBA DOR

HH-1 85.635 11.765 2.6
HH-3 49 36.635 11.765 2.6
HH-4 49 36.635 11.765 2.6
HH-5 49 36.635 11.765 2.6
HH-6 49 36.635 11.765 2.6

ALBA 18% of HHDL or 11.765% effective interest.

Doriemus 4% or 2.6% effective interest.

ALBA + DOR = 22% or 14.365% effective interest.