Member Info for Ibug

Unfortunately dates of Scout meetings are not consistent.

12th SCOUT MEETING 18th November 2020
11th SCOUT MEETING 19th December 2019
10th SCOUT MEETING 3rd May 2019
9th SCOUT MEETING 20th September 2018
8th SCOUT MEETING 3rd May 2017
7th SCOUT MEETING 21st December 2016
6th SCOUT MEETING 6th April 2016
5th SCOUT MEETING 12th October 2015
4th SCOUT MEETING 30th June 2015
3rd SCOUT MEETING 15th January 2015
2nd SCOUT MEETING 30th September 2014
1st SCOUT MEETING 29th May 2014

Ozzy52
Nothing negative in my posts. If you can't work out the positivity of the producing oil fields in the immediate vicinity perhaps you shouldn't be invested here. Where else would you get an average of 12 bopd (Kedil), 421 bopd (E.Sadak), 12 bopd (Sadak) and 0 bopd (Bukat)?

24 Aug 2021 4.00 pm is the next IOW Planning Committee Meeting as failed to get on the one next week.

https://iow.moderngov.co.uk/ieListDocuments.aspx?CId=163&MId=505&Ver=4

https://www.lse.co.uk/ShareTrades.asp?shareprice=UKOG&share=Uk-Oil-and-Gas

back to normal. You just can't keep a good ramp down!

lse glitch I reckon.

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

ocelot
The OGA and the Scout reports provide production figures from all the wells albeit 3 or more months in arrears so we have to work out for ourselves what the COS is going to be.

But TH2. If SS chose this Turkish site because of its potential why hasn't he told us about the the **** poor production from any of the fields to the west (Kedil), east (Sadak) and south east (Bukat). Not one of those fields is producing anything worth talking about. Perhaps that is why he is keeping quiet about it.

noun

the limit of a person's knowledge, experience, or interest.

someone has obviously reached his.

oops

should be

Month b/m bopd
May 19 647 21
Jun 19 620 21
Jul 19 633 20
Aug 19 612 20
Sep 19 604 20
Oct 19 613 20

Have you also noticed "Area overlooked until AME’s 2013 success at East Sadak
plus Kedil in 2013, where fractured Cretaceous Mardin limestones proven commercial. Scout info on Bukat-1 indicates it brought live oil to surface from the Mardin."

They may have mentioned "Scout info" but they obviously don't read them. They also couldn't make up their minds at to whether it was 2013 or 2014 in the presentations.

4 wells drilled at Kedil now.

Month b/m bopd
May 20 647 21
Jun 20 620 21
Jul 20 633 20
Aug 20 612 20
Sep 20 604 20
Oct 20 613 20

For some reason no data for November.

Month b/m bopd
Dec 19 589 19
Jan 20 525 17
Feb 20 437 15
Mar 20 504 16
Apr 20 446 15
May 20 461 15
Jun 20 400 13
JUL 20 398 13
Aug 20 375 12
Sep 20 361 12

ocelot
Depends what you mean. Good or bad experience. Just look at the results of the companies for recent experience.
SS experience has already been documented elsewhere.

Anyone else notice the change in date of the Bukat-1 oil discovery in the last presentation. All of a sudden it has become "Bukat-1 2021 oil discovery".
Previous presentations said "recent". Bukat-1 was actually drilled in 2015. Only noticed yesterday as working through backlog of old files. It is really annoying when you have to read the full pdf file because they have just scanned a document in rather than convert.

ocelot
The only similarity in management is the ability to raise cash when needed imo. Have you done any research into the Sawyer family history? I have. Not pretty reading.

MM
Keep your ramping to yourself.
How many barrels did AME produce from the fields in exactly the same region? They happen to be miles to the west. Better to compare to East Sadak which according to SS is the analogous well. That is even worse.

http://aladdinmiddleeast.com/Operations-Overview/EN/37/119/A

Petek 3130 bbls/m
Karakilise 0
Altinakar 19,053 bbls/m 614 bopd from 4 wells

Dogu Sadak 12,625 bbls 421 bopd from 8? wells.

MM
10 bopd to the west. No production previously from the new licences or to the fields to the east and to the north. Looks like you have picked a winner.

"one swallow does not a summer make" The markets maybe but I very much doubt if it will change the perception of the PI's. Given that HH is producing 100 bopd anything will look good compared to that.

MM
And which licence would you pick given the results of drilling so far?

Best laugh I have had for years!

Timeline left to run.

Recommended latest time for requesting withdrawal of Basic Entitlements and Excess Open Offer Entitlements from CREST 4.30 p.m. on 20 July 2021

Latest time for depositing Basic Entitlements and Excess Open Offer Entitlements into CREST
3.00 p.m. on 21 July 2021

Latest time and date for splitting of Application Forms (to satisfy bona fide market claims only
3.00 p.m. on 22 July 2021

Latest time and date for receipt of completed Application Forms and payment in full under the Open Offer or settlement of relevant CREST instruction (as appropriate 11.00 a.m. on 26 July 2021

Allocation of Excess Shares to Qualifying Shareholders 26 July 2021

Results of Open Offer announced through an RIS 26 July 2021

Admission and commencement of dealings in the Open Offer Shares 27 July 2021

Open Offer Shares credited to CREST stock accounts 27 July 2021

Despatch of definitive share certificates for Open Offer Shares held in certificated form within 14 days of Admission

To work out who gets the new licence blocks?

M47-c1,c2
Türkiye Petrolleri A.O. Genel Müdürlügü
Derkim Poliüretan San. ve Tic. A.S.
UKOG Turkey Ltd.(%50)Aladdin Middle East Ltd.(%50)

M47-b3
Türkiye Petrolleri A.O. Genel Müdürlügü
Derkim Poliüretan San. ve Tic. A.S.
UKOG Turkey Ltd.(%50)Aladdin Middle East Ltd.(%50)

M48-d1
Türkiye Petrolleri A.O. Genel Müdürlügü
Derkim Poliüretan San. ve Tic. A.S.
UKOG Turkey Ltd.(%50)Aladdin Middle East Ltd.(%50)

There are 3 licences and all being applied for by the same companies. Türkiye Petrolleri A.O. Genel Müdürlügü are the state run company and have quite a few blocks in the area.