Member Info for Ibug

Should add about £5m to the MCap later this week.

Have to agree with you on that one ocelot.

ocelot
"The Company anticipates that its remaining net capital commitment to such programmes is approximately £2.06 million for the Basur-3 appraisal well and £1.1 million for the 2D seismic programme."

So that £3.16m accounts for how much? $4.38m. And how much have UKOG paid to date for Basur? No wonder they still had cash in the bank when the annuals came out and they didn't do a placing before. It was because they didn't need to as they had not paid AME.

All hail the mighty spud

Http://www.morrowcommunications.com/wp-content/uploads/2016/04/The-Mightly-Spud-Logo-WEB-1024x634.jpg

Watch out for the unlucky strike.

Just goes to show the saying "No honor among thieves" is probably true.

Plenty of time for a Director's dealing notification today.

nomlungu

Read the DDSPP and similar scheme rules on the FCA website.

"Shareholder support as of 9am 5th July 2021

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).

Weekly updates only at this point!

Sando just mugged punters with a placing again!!!!!!"

I wonder how much extra support he will get after the BoD declare their holdings?

ocelot
What about HH-2Z conversion, Resan-6 or possible Loxley drilling. Always room for a placing.

I wonder if the BoD bought in at 0.24?

the bad

...../ \
...../ ….\
.....|== =|
.....| . U..|
.....| K. |
.....|..O.. |
.....|.. G.l
.....|. .O....l
.. .|..F....|
. .|..F....|
.....|..... .|
..../|#|\
.../.|#|\
../..|#|#\\
.../^||^\..|
..|.0.^||^.\.|
..|/..^||0..\|
.....(VVV)
......(VV)
.......(V)
......*l*

scientists that have been mugging you off.

https://www.ukogplc.com/ul/UKOG%20Corporate%20Presentation%20WEBSITE%20020721.pdf

Was that spud mashed?

Someone else that doesn't know what a potato is. LMFAO

About 10 days to the next casing point. Still a long way to go. 0.4p up since last Friday and still not on a bagger.

H.I.T.S
KM was HHDL Director then in 2015.

Prime example is ALBA

Announced Traded Action Notifier Price Currency Amount Holding
22-Mar-19 22-Mar-19 Buy Michael Nott 0.30 GBX 6,666,667 52,387,230
22-Mar-19 22-Mar-19 Buy George Frangeskides 0.30 GBX 8,333,333 37,893,290
16-Jun-16 16-Jun-16 Transfer To Michael Nott 0.00 4,000,000 22,160,606
27-Feb-15 27-Feb-15 Notification of Holding Michael Nott 0.00 0 22,160,606
16-Feb-15 16-Feb-15 Placing George Frangeskides 0.25 GBX 4,000,000 6,000,000
16-Feb-15 16-Feb-15 Placing Michael Nott 0.25 GBX 4,000,000 22,160,606
13-Oct-14 13-Oct-14 Notification of Holding Michael Nott 0.00 0 18,160,606
04-Aug-14 28-Jul-14 Placing George Frangeskides 0.50 GBX 2,000,000 0
24-Sep-13 19-Sep-13 Buy Michael Nott 0.30 GBX 10,440,606 18,160,606
24-Sep-13 19-Sep-13 Buy Sandy Archibald 0.30 GBX 619,601 5,163,648
30-Apr-13 30-Apr-13 Notification of Holding Nigel J Duxbury 0.00 0 6,200,047
30-Apr-13 30-Apr-13 Notification of Holding Nigel J Duxbury 0.00 0 6,200,047
30-Apr-13 30-Apr-13 Notification of Holding Sandy Archibald 0.00 0 4,519,047
30-Apr-13 30-Apr-13 Notification of Holding Nigel J Duxbury 0.00 0 6,200,047
16-Oct-12 10-Oct-12 Transfer From Michael Nott 0.00 2,720,000 7,720,000

DP You don't even know when they spudded. LMFAO. Im hardly likely to take any advice from you or TH2 who can't even work out the rate of drilling.

danpoe353
Posted in: UKOG
Posts: 1,658
Price: 0.23
Strong Buy
RE: Rate of drill01 Jul 2021 08:58
Spudding.. anytime..and I don't mean potatoes.

An ironic DYOR

danpoe353
Posted in: UKOG
Posts: 1,658
Price: 0.226
Strong Buy
RE: RNS01 Jul 2021 07:46
George 2244.
That's a decision for you to make. Read the company's website, News..RNs. There are guys here that can help I'm sure. We hope to spud in Basur-3..(nothing is a given)..but it's getting Exciting with this Company.
Always Dyor.

danpoe353
Posted in: UKOG
Posts: 1,658
Price: 0.226
Strong Buy
RE: RNS01 Jul 2021 07:39
"Casting Set,"..Ready to drill..Spud.."Gusher".
They don't hang around those guys at Basur-3.
"Really Exciting" times for all concerned.
"DYOR," but who's going to be locked out.
BBBOOOOOOMMMM TTIIIMMMEEE.

Turkey with a view to quickly monetise projects in the country where the regulatory burden is lighter, as it continues to face challenges in its more domestic assets.

The group reported a widening of losses in the six months to the end of March to £1.02 million compared with £0.90 million in the same period last year. This is despite an increase in revenue from £0.08 million to £0.72 million, mainly driven by the start of production in its Horse Hill field.
In its interim results for the period, chief executive Stephen Sanderson reiterated his plans to continue expansion within Turkey and other new areas. One of the reasons for this is due to the increasing regulatory burden in the UK “meaning that assets cost more and take longer to monetise”.

“In contrast to the UK, Turkey offers the ability to rapidly monetise success in under a year, compared to three to five years in this country. Costs are significantly lower plus indigenous oil is given strategic importance by the Turkey government,” he added.

UKOG starts drilling at Basur-3 field in Turkey
Earlier this month UKOG announced that drilling had started at the Basur-3 field in Turkey, in which it holds a 50% stake. Sanderson, who is impressed with the speed of operations in Turkey, also said that the group is waiting to hear back on an application for three further exploration licences in the southeast of the country.

UKOG’s shares are up more than 46% year-to-date to 22p. Following a surge in April to 35p the share price has stabilised.

It is no question that UK Oil & Gas is in a difficult sector with traditional energy companies coming under fire from both sustainability-conscious shareholders and climate activists. UKOG’s Horse Hill site has been the subject of protests, although the company was able to obtain an injunction from The High Court on 30 June against five individuals to prohibit the trespass, obstruction and climbing on to vehicles at the site.

Controversy in Isle of Wight and Surrey
Another hurdle relates to UKOG’s plans for exploratory drilling on the Isle of Wight, which became a UNESCO Biosphere Reserve in 2019. The planning application is set to be considered by the Isle of Wight Council later in the summer and the environmental permit application has been submitted and is currently under review. However, since it was announced last year, there has been opposition to the plans, with some claiming that it could lead to the loss of Biosphere status.

Meanwhile, there is a public inquiry set to start on 27 July after planning permission of a site in Loxley/Dunsfold, Surrey was refused.
It remains to be seen whether its geographic expansion and entry into renewables can offset some of the troubles UKOG been having in its home country.
More here. Https://www.thearmchairtrader.com/uk-oil-gas-turkey-ukog/

"Trolls" are so th*ck. They keep asking how many shares you got! None of your effing business. Enough to vote.