Member Info for Ibug

elle
10 years of posting actually. What is worrisome is the amount of rubbish I have seen from posters who have done no research looking for a quick buck and realising they have been sucked in by many others.
Even UKOG have said they won't drill Broadford Bridge until they get results from Loxley and Horsehill. How is that negative? The company is being positive to ensure they are not wasting money on useless projects.

UKOG gets more time for Loxley gas drilling

The industry regulator has given UK Oil & Gas plc more time to drill a gas well near the village of Dunsfold in Surrey, the company has announced.

https://drillordrop.com/2023/02/02/ukog-gets-more-time-for-loxley-gas-drilling/

So if they don't drill it does that mean they will relinquish BB as well?

elle
I can't help it if you are losing money here, I'm still in profit, albeit for a small amount. You really should worry about your own investment rather than others otherwise you may do yourself damage.
The trases so far today would prove you wrong.

# Trades 34
Vol. Sold 36,259,738
Sold Value £22,655.50
Vol. Bought 5,442,538
Bought Value £3,439.03

In fact it would not surprise me if that has been the case for the last few days. Do you have proof? Of course not.

https://www.google.com/finance/quote/UKOG:LON?hl=en&hl=en&window=5D

https://www.livecharts.co.uk/MarketCharts/brent.php

1st Support Level 0.062
2nd Support Level 0.060
3rd Support Level 0.059

elle
You haven't been here long enough to know how economic with the truth UKOG have been in the past. Don't you think we haven't seen all the Jackanories that this share can throw up already. You are just another in a long line of chancers.

elle

Unfortunately that is not what said when the licence was issued.

"America-based Aladdin Middle East will drill a Basur-3 well in Siirt to search for oil. USA Kansas origin Aladdin Middle East Ltd. Sti. Petroleum exploration work is planned in the Basur-3 location area, which is under the exploration license numbered AR/AME/K/M47-b1, b2 in the Merkez district of Siirt province. Within the scope of the project worth 6 million liras, the company will search for oil by drilling Basur-3 detection well on an area of ??approximately 360 thousand square meters of pasture quality. Since the activity is a detection drilling activity, there will be no production within the scope of the activity.   "

Which bit of "there will be no production within the scope of the activity." did you not understand?

They are called facts. Something you don't seem to understand. Suggest to go and stand at Hyde corner on a Sunday and see how well you do.

she who must be obeyed has taken out all the truths. Shame. 49 bopd is about as good as it is going to get according to latest results.

Over 3 weeks since Turkey drill announced and no sign of new road. https://www.lse.co.uk/rns/UKOG/turkey-operational-update-new-pinarova-1-well-2iwowqtjwffow2u.html

Loxley farmout is pure speculation. See RNS https://www.lse.co.uk/rns/UKOG/pedl234-loxley-gas-discovery-update-5r3twj8yri1j2ys.html for what was really said.

Ocelot
Have you ever wondered why UKOG have never mentioned the CPR in regard to Loxley? After all it is the definitive document to consult. Xodus never updated the CPR which says it all.

But only 13 liked it out of over 900 views. That is quite telling.

And they wonder why I say "Now they will need over 200 bopd just to keep their noses clean."

Government warned to kick fossil fuel habit to avoid worst climate impacts

The UK needs to kick its dependence on fossil fuels by dropping plans for new oil and gas licences and the new coal mine in Cumbria, Friends of the Earth said this morning.

full story here for all you greenies. We all know who drive EV's.

https://drillordrop.com/2023/02/01/government-warned-to-kick-fossil-fuel-habit-to-avoid-worst-climate-impacts/

elle back tracking on his ramping of the November production figures. Obviously doesn't even know where to find them and just believes the twitter reports of tankers. Some expert.

Reporting Period Month Name November 49 bopd Not even 50 bopd again

Oil Production Mass (tonnes) 198
Oil Production Volume (m3) 234
Oil Production volume (mb/d) 0.05
Oil production density (Kg/m3) 846.00

Associated gas production mass (tonnes) 5.64
Associated Gas Production Volume (MMscf/d) 0.01
Associated Gas Production Volume (ksm3) 6.00
Associated Gas Production density (kg/sm3) 0.89

Gas Flared - Volume (Ksm3) 6.00
Gas Flared - Density (Kg/sm3) 0.89
Gas Flared - Non Hydrocarbon (%) 4.50

Water production volume (ksm3) 136.00
Water production volume (mb/d) 0.03

Reporting Period Month Name October 48 bopd

Oil Production Mass (tonnes) 200.50
Oil Production Volume (m3) 237.00
Oil Production volume (mb/d) 0.05
Oil production density (Kg/m3) 846.00

Associated gas production mass (tonnes) 4.08
Associated Gas Production Volume (MMscf/d) 0.01
Associated Gas Production Volume (ksm3) 5.00
Associated Gas Production density (kg/sm3) 0.89

Gas Flared - Volume (Ksm3) 5.00
Gas Flared - Density (Kg/sm3) 0.89
Gas Flared - Non Hydrocarbon (%) 4.50

Water production volume (ksm3) 135.00
Water production volume (mb/d) 0.03

Reporting Period Month Name September 56 bopd

Oil Production Mass (tonnes) 225.00
Oil Production Volume (m3) 266.00
Oil Production volume (mb/d) 0.06
Oil production density (Kg/m3) 846.00

Associated gas production mass (tonnes) 6.07
Associated Gas Production Volume (MMscf/d) 0.01
Associated Gas Production Volume (ksm3) 7.00
Associated Gas Production density (kg/sm3) 0.89

Gas Flared - Volume (Ksm3) 7.00
Gas Flared - Density (Kg/sm3) 0.89
Gas Flared - Non Hydrocarbon (%) 4.50

Water production volume (ksm3) 185.00
Water production volume (mb/d) 0.04

Month bopd
May 21 100
Jun 21 95
Jul 21 92
Aug 21 82
Sep 21 45 (2 week production facility upgrade)
Oct 21 63
Nov 21 60
Dec 21 62
Jan 22 60
Feb 22 59
Mar 22 61
Apr 22 55
May 22 50
Jun 22 54
Jul 22 6 downhole pump and polished rod installed
Aug 22 58 new Unico pump has recently been installed
Sep 22 56
Oct 22 48
Nov 22 49

Receipts for November $91.07 x 49 x 30 = $134,042
Receipts for October $93.13 x 48 x 31 = $138,8312
Receipts for September $90.16 x 56 x 30 = $150,850
Receipts for August $98.60 x 58 x 31 = $177,283
Receipts for July $108.92 x 6 x 30 = $19,890
Receipts for June $120.08 x 54 x 30 = $193,358
Receipts for May $112.37x 50.5 x 31 = $175,995
Receipts for April $105.78 x 54.5 x 30 = $172,993
Receipts for March $115.59 x 61 x 31 = $218,581
Receipts for February $95.76 x 59 x 28 = $158,195
Receipts for January $85.53 x 60 x 31 = $159,086
Receipts for December $74.31 x 62 x 31 = $142,824

Big 10%+ drop in average POO for December. $80.90.

elle
I'm waiting or are you still frantically trying to find the figures? I would have thought after all your posts on the November production it would have been one of your priorities this morning. But no, anything but. Not sure how Loxley and Turkey hold such great interest as nothing happening there. Horsehill is here and now.

don't film empty tankers do they?

https://twitter.com/G18BKP/status/1620493593470451714

This years begging bowl resolutions at the AGM should be good this year!

Will that be before the farm in or farm out?

I'm surprised elle hasn't been posting the rates for November given his constant ramping on how well HH is doing and the number of tankers he has seen. I'll give him a few hours and all the glory to post whether it is 60, 70, 80 , 90 or 100 bopd.

Yeah. Heard it all before.

Nice to see elle talking to himself.