Member Info for Ibug

Ocelot

Fact. UKOG have proved on numerous occasions since Broadford Bridge that everything they have touched has not turned out to be oil. BB-1, BB-1Z, HH-2, HH-2Z, HH-3, Arreton, Loxley, Basur-3, Pinarova-1 and maybe others I have forgotten. Not exactly a good track record and everything UKOG does is "speculative" imo.

Deltavegatheta

Apologies. I got totally confused about a month ago and didn't update my records.

Deltavegatheta

They have already issued 206,965,282 of those

https://www.lse.co.uk/rns/UKOG/loan-reduction-via-equity-share-subscription-q0o32tyoed5rmo3.html

Looks like the Closet Queens buy trades yesterday @0.0594 have dropped in value already if they are only selling @0.055. Live and learn.

Taverham

You do realise the Portland stone is above where they are going to drill.

https://wessexcoastgeology.soton.ac.uk/gif/portsec.gif

Up to another 500m shares will be need for the final £1m from YA under the original agreement. You only need to look at the trades since consolidation, especially those sold, to realise YA are having problems offloading. It will be clearer after another 2 days on the 1m graph.

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

I can't see YA carrying on once the £3m has been cleared so UKOG will have to find another source of funding.

UK onshore oil and gas production in charts – January 2024

UK onshore gas production rose 6% in January 2024, with the second consecutive monthly increase at the leading field, Saltfleetby.

Full article here:

https://drillordrop.com/2024/04/03/uk-onshore-oil-and-gas-production-in-charts-january-2024/

The newest onshore oil producer, Wressle, saw production increase 39% over the month but total UK onshore oil fell slightly with with a small drop at the biggest field, Wytch Farm.

Opponents celebrate refusal of permission for Broadford Bridge oil site

Campaigners against oil and gas operations across southern England gathered in celebration outside a site which was refused planning permission last week.

Full story here:

https://drillordrop.com/2024/04/02/opponents-celebrate-refusal-of-permission-for-broadford-bridge-oil-site/

Just for Adrian. I know he feels left out if you don't mention them.

"UKOG's net share of Horndean production revenues was £297,000 for calendar year 2023, with net earnings after costs of £140,000." At least they improved unlike Horsehill.

As permitted by section 408 of the Companies Act 2006, the profit and loss account of the parent company has not been separately presented in these accounts. The parent company loss for the year was £16,757,000 (2021: loss £1,716,000).

These financial statements were approved by the Board of Directors on 28 March 2024 and are signed on its behalf by:

Stephen Sanderson Director

Any financial wiz kids out there.

Out if you hadn't noticed or is it just stunned silence?

Worse than I thought.

year ended 30 September 2023 £'000 Revenue 1538 Other Cost of sales (1,019) Administrative expenses (3,320)

year ended 30 September 2022 £'000 Revenue 1780 Other Cost of sales (701) Administrative expenses (2,643)

And they also fail to mention the amount ALBA and DOR take out of the pot. Only leaves UKOG with 85%.

They never tell us how much they get from Horndean. In the last set of accounts it was a measly £136,000 net earnings after operating costs.

Revenue of anything less than £1,780,000 will be a reflection on how bad they are doing. Ditto Other Cost of sales over £701k and Administrative expenses over £2,643,000.

Reporting Period Month Name January 44 bopd

Oil Production Mass (tonnes) 181.89

m3 215

Associated gas production mass (tonnes) 5.418

Associated Gas Production Volume (ksm3) 6.088

Gas Flared - Volume (Ksm3) 6.088

Gas Flared - Non Hydrocarbon (%) 4.5

Water production volume (ksm3) 165

Reporting Period Month Name December 45 bopd

Oil Production Mass (tonnes) 188.658

m3 233

Associated gas production mass (tonnes) 6.755

Associated Gas Production Volume (ksm3) 7.59

Gas Flared - Volume (Ksm3) 7.59

Gas Flared - Non Hydrocarbon (%) 4.5

Water production volume (ksm3) 168

Reporting Period Month Name November 44 bopd

Oil Production Mass (tonnes) 176.814

m3 209

Associated gas production mass (tonnes) 6.124

Associated Gas Production Volume (ksm3) 6.881

Gas Flared - Volume (Ksm3) 6.881

Gas Flared - Non Hydrocarbon (%) 4.5

Water production volume (ksm3) 185

Reporting Period Month Name October 45 bopd

Oil Production Mass (tonnes) 187.812

m3 222

Associated gas production mass (tonnes) 7.309

Associated Gas Production Volume (ksm3) 8.212

Gas Flared - Volume (Ksm3) 8.212

Gas Flared - Non Hydrocarbon (%) 4.5

Water production volume (ksm3) 202

Month bopd

Feb 23 57

Mar 23 54

Apr 23 46 Tank washing

May 23 57

Jun 23 56

Jul 23 50

Aug 23 46

Sep 23 48

Oct 23 45

Nov 23 44

Dec 23 45

Jan 24 44

Receipts for January $80.23 x 44 x 31= $108,426

Receipts for December $77.86 x 45 x 31= $108,615

Receipts for November $83.18 x 44 x 30= $109,349

Receipts for October $91.06 x 45 x 31= $127,029

Receipts for September $94.00 x 48 x 30= $135,360

Receipts for August $86.16 x 46 x 31= $122,864

Receipts for July $80.11 x 50 x 31 = $123,957

Receipts for June $74.89 x 56 x 30 = $125,815

Receipts for May $75.70 x 57 x 31 = $132,738

Receipts for Apr $84.11 x 46 x 30 = $115,801

Receipts for March $78.53 x 54 x 31 = $132,451

Receipts for February $82.71 x 57 x 28 = $132,347

Feb 12 2024 "UKOG considering a downhole pump changeout and scale removal programme to enhance oil production from HH-1. Further updates to follow."

I wonder what happened to that workover?

215 m3

44 bopd

water 165m3

At least we know someone was in the office yesterday.

28 Mar 2024 Consolidation of shares on 5 March 2024

View PDF Consolidation of shares on 5 March 2024 - link opens in a new window - 4 pages(4 pages)

20 Mar 2024 Change of share class name or designation

View PDF Change of share class name or designation - link opens in a new window - 2 pages(2 pages)

15 Mar 2024 Sub-division of shares on 5 March 2024

View PDF Sub-division of shares on 5 March 2024 - link opens in a new window - 4 pages(4 pages)

12 Mar 2024 Statement of capital following an allotment of shares on 27 February 2024

GBP 14,837,846.13269

View PDF Statement of capital following an allotment of shares on 27 February 2024

GBP 14,837,846.13269

- link opens in a new window - 3 pages(3 pages)

08 Mar 2024 Statement of capital following an allotment of shares on 29 January 2024

GBP 14,537,346.13269

View PDF Statement of capital following an allotment of shares on 29 January 2024

GBP 14,537,346.13269

- link opens in a new window - 3 pages(3 pages)

08 Mar 2024 Memorandum and Articles of Association

View PDF Memorandum and Articles of Association - link opens in a new window - 46 pages(46 pages)

08 Mar 2024 Resolutions

Resolution of allotment of securities

Resolution of adoption of Articles of Association

Resolution of removal of pre-emption rights

Sub-division 05/03/2024

View PDF Resolutions

Resolution of allotment of securities

Resolution of adoption of Articles of Association

Resolution of removal of pre-emption rights

Sub-division 05/03/2024

- link opens in a new window - 2 pages(2 pages)

Must be some sort of record. 100 trades. Value under £2k. Biggest trade just over £200.

Balancedviewer

So yet another s***stirrer who comes onto a BB where they have no interest. We certainly get our fair share on here. Why not call the Samaritans. They have trained people who will actually listen to you.

More like acute oak decline.

https://www.google.com/finance/quote/UKOG:LON?window=5Y

"unbalancedviewer" is a more appropriate name given the fact that your posts are not at all balanced. Why should I reply to someone who hardly ever visits this board when most on here know full well if I hold shares here or not. You really do know how to pick shares to invest in. In my view you are totally unbalanced. You are not even worth stalking. Best to do your research before looking and sounding stupid.