Member Info for Ibug

Downbutnotout

You really are a muppet. Don't you mean 375m in old money? Plenty of thickos about today.

UKOG

@UKOGlistedonAIM

·

7h

UK ENERGY STORAGE LTD: CEO Sanderson said: “We’re delighted that energy transition subsidiary of one of Japan’s most significant global trading houses, SUMITOMO, has recognised potential future value of our hydrogen storage projects. https://tinyurl.com/bdfmhhtd

UKOG

@UKOGlistedonAIM

·

7h

UK ENERGY STORAGE LTD: CEO Sanderson said: “We’re delighted that energy transition subsidiary of one of Japan’s most significant global trading houses, SUMITOMO, has recognised potential future value of our hydrogen storage projects.https://tinyurl.com

UKOG

@UKOGlistedonAIM

·

7h

UK ENERGY STORAGE LTD: Letter of support from SEEL, wholly-owned subsidiary of Japanese conglomerate SUMITOMO, for our strategic hydrogen storage salt caverns project in Dorset. More great news will follow shortly. https://tinyurl.com/bdfmhhtd

Ocelot

Not sure they have records going back to 2017 when le frogs bought in. It would have been then imo if it ever happened.

Ocelot

Must be worth all of £60k.

Alans55

You really do spout rubbish. What were the biggest buys yesterday? Must have been all of £200 @ about 0.024. If the y sell today at 0.03 it only gives them 20%. Hardly a fortune is it or are you one of many "penny" traders? Let me know when you trade above £10k a punt and you might be taken seriously. Real bunch of amateurs.

If the market liked it the trades would have a "k"

29-May-24 08:08:42 0.0269 608,252 Buy* 0.025 0.027 163.62 O

29-May-24 08:03:12 0.027 750,000 Buy* 0.025 0.027 202.50 O

29-May-24 08:01:53 0.027 3,851 Buy* 0.025 0.027 1.04 O

29-May-24 08:02:04 0.0269 5,554,089 Buy* 0.025 0.027 1,494 O

29-May-24 08:01:53 0.027 92,592 Buy* 0.025 0.027 25.00 O

29-May-24 08:01:53 0.025 6,099 Sell* 0.025 0.027 1.52 O

29-May-24 08:01:53 0.025 60,000 Sell* 0.025 0.027 15.00 O

29-May-24 08:01:53 0.025 3,200 Sell* 0.025 0.027 0.80 O

29-May-24 08:01:53 0.027 11,259 Buy* 0.025 0.027 3.04 O

29-May-24 08:01:53 0.027 37,037 Buy* 0.025 0.027 10.00 O

29-May-24 08:01:53 0.027 703,703 Buy* 0.025 0.027 190.00 O

29-May-24 08:01:48 0.026 5,000,000 Buy* 0.025 0.026 1,300 O

29-May-24 08:01:32 0.026 5,000,000 Buy* 0.025 0.026 1,300 O

29-May-24 08:01:31 0.026 1,548,192 Buy* 0.025 0.026 402.53 O

29-May-24 08:00:49 0.026 150,000 Buy* 0.025 0.026 39.00 O

29-May-24 08:00:18 0.026 369,269 Buy* 0.025 0.026 96.01 O

There will be many crying into their rusks when YA get to work again.

They couldn't organise a p up in a brewery.

The links on the website is to the original letter posted on the 23 May!!!

https://www.ukogplc.com/ul/20240524%20LOS%20Portland%20Storage%20Project_Final_V2%20.pdf on home page

https://www.ukogplc.com/ul/20240524%20LOS%20Portland%20Storage%20Project_Final_V2%20.pdf on other news page

The RNS then says to read them. Good job I'm ignoring the rubbish being pushed out by UKOG.

This was the original.

"Dear Stephen,

RE: Hydrogen Storage – Letter of Support

I am writing to express our support for the Dorset and Yorkshire hydrogen storage projects that are being undertaken by UK Energy Storage Ltd. (“UKEn”). Summit Energy Evolution Ltd. (“SEEL”) is a wholly owned Subsidiary of Sumitomo corporation (“Sumitomo”) and we are joint developers of the Bacton Hydrogen Project, a proposed 590 MW CCS-Enabled hydrogen production project in the vicinity of the existing Bacton Gas Terminals in Norfolk.

The UK government has committed to reducing greenhouse gas emissions to net zero by 2050 with a target of a 78% reduction in carbon emissions by 2035 which will require significant action, especially over the next ten years. Hydrogen represents an opportunity to decarbonise industry and provide a range of off-takers with access to a low carbon fuel supply. As a result of this we understand the need to develop and build a hydrogen network through the repurposing of existing gas infrastructure as well as the creation of new interconnected gas infrastructure.

Hydrogen Storage will be a key component in the development of any nationally connected distribution network, including through the National Gas Project Union, or the local hydrogen distribution projects being developed by Cadent and SGN. Ultimately, all large scale hydrogen production facilities will benefit from access to hydrogen storage for security of supply and to smooth out peaks and troughs in the demand profiles of hydrogen production facilities.

UKEn’s hydrogen storage projects could be a keystone customer for the Bacton Hydrogen Project and potentially provide a hydrogen demand that would facilitate investment in a new UK wide hydrogen distribution system.

In support of this proposal we have committed to working with UK Energy to:

•

Ensure supply from the Bacton Energy Hub can contribute to future hydrogen storage capacities

•

As far as is practicable, ensure the project schedules are aligned

•

Help promote the benefits of a hydrogen economy and the part the Bacton Hydrogen Project and the UKEn’s Hydrogen Storage Projects can contribute to this

•

Identify the opportunities that can be realised between the projects to create new low carbon energy infrastructure in a sustainable fashion

•

To continue to cooperate with UKEn with a view to SEEL or Sumitomo investing in future hydrogen storage projects

We believe that UKEn’s plans for hydrogen storage will identify and help realise the potential which hydrogen brings to the development of the low carbon economy in the UK.

We understand that this Letter of Support is not a legally binding contract and is SEEL expressing an interest which may, in time, lead on to significant low carbon energy projects for the UK .

We wish you all the best for your projects and look forward to cooperating with you on these exciting opportunities,

Yours Sincerely,."

Shame they didn't get it right first time round,.

Ibug

25 May 2024 06:27

Posts: 9,719

Price: 0.0255

No Opinion

Link for 24/ has been removed already although if you click on it here you can still read it.

ocelot

Posts: 23,839

Price: 0.025

No Opinion

Letter of support from Summit (Sumitomo)24 May 2024 08:51

Posted to UKOG's home page today:

https://www.ukogplc.com/ul/20240520%20LOS%20Portland%20Storage%20Project_Final_V1.pdf

https://www.ukogplc.com/

Don't forget the £15,810,000 from 2013 to 2017.

Friends of the Earth challenges anti-protest injunctions at European Court of Human Rights

The use of anti-protest injunctions in the UK is being challenged by Friends of the Earth at the European Court of Human Rights.

It is the first time an application to challenge this kind of injunction has been lodged with the court in Strasbourg.

Friends of the Earth said there was “deep concern about the rapid and widespread increase” in the use of anti-protest injunctions since 2017.

It said it was bringing the case now following a Supreme Court ruling in November last year.

Opponents of onshore fracking and oil and gas operations have been targeted by injunctions brought by companies, including Ineos, IGas (now Star Energy), Cuadrilla, Angus Energy and UK Oil & Gas.

Full story here:

https://drillordrop.com/2024/05/24/friends-of-the-earth-challenges-anti-protest-injunctions-at-european-court-of-human-rights/

Link for 24/ has been removed already although if you click on it here you can still read it.

ocelot

Posts: 23,839

Price: 0.025

No Opinion

Letter of support from Summit (Sumitomo)24 May 2024 08:51

Posted to UKOG's home page today:

https://www.ukogplc.com/ul/20240520%20LOS%20Portland%20Storage%20Project_Final_V1.pdf

https://www.ukogplc.com/

Ocelot

It didn't attract many trades yesterday and it isn't attracting many trades today so as usual you really are trying to shovel poo uphill.

Must do better.

Still no decision on the Energy Recovery Facility appeal in early December.

Is it squeaky bottom time at UKOG HQ?

Will they get the 75% required for resolution 5?

Ocelot

It was there yesterday.

All of these are still outstanding.

"The funds will fully fund working capital necessary to progress the Company's key planned activities over the next 12 months, which include:

· Turkey: further testing of Pinarova-1 and further drilling preparations/studies

· Loxley gas discovery: discharge of planning conditions and preparations for site construction, plus a potential farmout to cover the planned appraisal and development programme,

· Horse Hill field: water reinjection work-over, preparations for 3D seismic acquisition and drilling Horse Hill-3 under the previously announced farmout to Pennpetro

· Portland hydrogen storage (UKEn): Planning application work and conceptual engineering studies."

So when UKOG say: "These resolutions also seek to satisfy certain obligations owed by the Company under the funding

facility agreement as announced on 28 June 2023." they fail to mention the number of shares requested won't even cover some of the 4 obligations.

It is about 64 miles to Fawley which is where they aim to pump the hydrogen if they ever get anything done there. They reckoned 2030 for building the pipeline but I can't see that happening as they are pretty slow in Dorset.

Sounds like a kock and bull story to me.

"Dear Stephen,

RE: Hydrogen Storage – Letter of Support

I am writing to express our support for the Dorset and Yorkshire hydrogen storage projects that are being undertaken by UK Energy Storage Ltd. (“UKEn”). Summit Energy Evolution Ltd. (“SEEL”) is a wholly owned Subsidiary of Sumitomo corporation (“Sumitomo”) and we are joint developers of the Bacton Hydrogen Project, a proposed 590 MW CCS-Enabled hydrogen production project in the vicinity of the existing Bacton Gas Terminals in Norfolk.

The UK government has committed to reducing greenhouse gas emissions to net zero by 2050 with a target of a 78% reduction in carbon emissions by 2035 which will require significant action, especially over the next ten years. Hydrogen represents an opportunity to decarbonise industry and provide a range of off-takers with access to a low carbon fuel supply. As a result of this we understand the need to develop and build a hydrogen network through the repurposing of existing gas infrastructure as well as the creation of new interconnected gas infrastructure."