Member Info for Ibug

Is that the gospel according to FOTH? No pictures or videos of "oil" tankers leaving the site then? Or do we have to wait for ****eTalk to push them out?
All same as no Directors buying notification today either.
I get the feeling that some are trying too hard to influence. Personally, I'll wait for real notification.

All they need to do is follow the leader into oblivion.

"The would-be fracking firm, Third Energy, has been acquired by a renewables company, which plans to use old gas wells to generate geothermal energy."

full story here;

httpS://drillordrop.com/2022/01/13/renewables-company-takes-over-fracking-firm-to-rescue-stranded-assets/

More squeaky bottoms for the usual suspects then imo. When will they ever learn?

Ninetails
Production since last work over in bopd. Ignore September as well was being worked on for about 2 weeks otherwise you can probably work it out for yourself. The OGA figures don't lie.

Mar 21 105
Apr 21 101
May 21 100
Jun 21 95
Jul 21 92
Aug 21 82
Sep 21 45

Pboo

Why post this when you are not invested here? Are we supposed to believe you? No way jose.

https://twitter.com/WealdOilers/status/1479717728780967937

?WealdOilers
@WealdOilers
#ukog
@UKOGlistedonAIM

19 months Production figures
7:32 AM · Jan 8, 2022·Twitter for Android

When SE Turkey was first announced they didn't take into account the extra expense when they issued the expected operating margin. Basur-3 is already well over budget and they haven't even decided on what the next steps are. False promises rarely come true imo.

The Norwegian Petroleum Directorate (NPD) predicts that the country's oil and gas production will increase by 9 percent by 2024.
Norway's total oil and gas production is expected to increase over the next three years, driven by rising demand and prices, the Norwegian Petroleum Directorate (NPD) said on Thursday. According to NPD forecasts, oil and gas production will increase by 9 percent to 4.33 million barrels of oil equivalent in 2024.

OIL REVENUE EXCEEDED EXPECTATIONS IN 2021

Norway's oil industry revenue is also expected to reach 184 billion Norwegian Krone in 2021. This is 30 billion Norwegian Krone more than the amount previously foreseen in the budget. NPD expects the country's oil revenue to be 277 billion Norwegian Krone in 2022.


GAS EXPORT IS HIGHEST IN HISTORY

The amount of natural gas exported in 2021 was also recorded as the third highest export amount in history. According to Gassco, the gas transportation system operator of Norway, natural gas exports through pipelines in 2021 increased by 6 billion cubic meters compared to 2020 and reached 113.2 billion cubic meters in 2021. 

What has lse come to? Allowing someone to intimate that another poster is a pedophile.

" I bet you are not allowed to live within 2 miles of a school"

Can't think of anything else he is meaning with that post. What is really worse is 6 of you have recommended it. There are some really sick people on here. I thought we had got rid of them 6 years ago when I lost my last account for identifying them. Obviously not.

Good luck with Richard, Statler and Waldorf over the weekend. Off to the bar and rugby all weekend for me.

bit **** is pumpedordumped "dot com"

Despite lack of recent posting still appears here as do I!

http://******************/rampchecker/rampcheckbytidm.php?search=UKOG

ocelot
Would you be surprised to know that UKOG are 16% worse off financially as production falls and brent rises since production was fully restored after the last work over?

ocelot
I quite agree. The implications are plainly obvious when you look at the results of the surrounding fields.

ocelot
Not sure why. GYN have now drilled 5 wells in the adjacent field to Resan along the same geological structure as AME’s “East Sadak” Oil Field, Resan and Basur. They were supposed to be only drilling 3 wells but so far all 5 have been P&A. I remain unconvinced about the prospects in Turkey when viewing the results from all the surrounding fields.

ocelot
Have you worked out how the rise in Brent balances itself out against the fall in production? Do UKOG gain or lose financially?

No. But Russia expects oil production to continue to grow in 2022 and reach pre-pandemic volumes by May.

Oman Oil Minister Mohammed Al Rumi announced that OPEC and its allies do not want crude oil prices to recover to the level of $100/barrel.

In his assessment of the oil market, Oman's Oil Minister Mohammed Al Rumi said they are increasing oil production quickly enough to avoid "overheating" global markets. 
Arguing that the production increase of 400 thousand barrels per day is good in an environment where the demand is increasing, Rumi said, "We want to make sure that the market does not overheat. We do not want to see a price of 100 dollars/barrel. The world is not ready for this." 

So what given he did not follow the notification in the 1st RNS. " the director will purchase shares from the market on the first Friday of each month for a period of 12 months." So it could be the 3rd Thursday of each month couldn't it. The name of a day doesn't change but the day on a date do.

Or the week after.

Who would make a placing unless they were strapped for cash?

Are UKOG daft enough to place when the outcomes of Arreton, HH and Loxley are unknown?

Mirasol
Who fracks for for oil onshore? Gas; yes.
Which UKOG oil layers are already naturally fractured?
How does oil move through unfractured stone?
What depths are they going to be fracking at?
Do you think the OGA would give approval for fracking for onshore oil?

I just can't see it or need it having done my research.

wizard
Setting up a site is far cheaper than drilling a well. The placing last year for £4.2m covered material intervention in the Horse Hill-1 and preparations for work at the Loxley Portland gas appraisal well site. They paid out £1.75m on the Loan note and £1.65m on PW equipment so that only left about £0.8m for the material intervention Horse Hill-1 and preps for Loxley and any other expenditures. As I said, far cheaper than drilling a well.