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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.
Nothing here.
https://www.londonstockexchange.com/news-article/market-news/admission-to-trading-27-02-2024/16350610
ZYX098
Sanderson out back in 21.
Shareholder support as of 9am 5th July 2021
SS did another placing for 2,763,888,878 new ordinary shares and that sort of killed it off.
125 shareholders supporting the cause
1,038,846,630 shares, representing 6.5% of UKOG shares
(15,982,258,630 Ordinary Shares in issue on 8th July).
UKOG
@UKOGlistedonAIM
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36m
UKOG GM UPDATE: Reconvened General Meeting to be held on March 5th. http://tinyurl.com/mvtar6ky #energy #AIM #hydrogen GM NOTICE & PROXY FORM http://tinyurl.com/3mkupz7c http://tinyurl.com/5advj4tw
UKOG
@UKOGlistedonAIM
·
43m
UKOG GM UPDATE: Reconvened General Meeting to be held on March 5th. http://tinyurl.com/mvtar6ky #energy #AIM #hydrogen GM NOTICE & PROXY FORM available on website under Investors and Circulars
UKOG
@UKOGlistedonAIM
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53m
UKOG GM UPDATE: Reconvened General Meeting to be held on March 5th. http://tinyurl.com/mvtar6ky
#energy #AIM #hydrogen GM NOTICE & PROXY FORM http://tinyurl.com/yzmd3kjk http://tinyurl.com/wd6d8jv5