Member Info for Ibug

Adrian

What have you got to say about PEDL246 then?

"acquire 25 km of new 2D seismic by 30 June 2020 and acquire 10 km2 of 3D seismic by 30 June 2021, and drill a well to test the Kimmeridge limestones by 30 June 2021."

Ocelot

But everything has been delayed so it is going backwards very fast. It's not even a one trick pony.

Just so you know what they are talking about;

"PEDL137

Horse Hill Development

RA

drill a Portland appraisal well of Horse Hill 1 by 30 September 2019, drill a Kimmeridge limestone appraisal well of Horse Hill 1 by 30 September 2020 and acquire 40 km2 of 3D seismic by 30 September 2021"

It has been extended previously. No mention of any extension to PEDL246 though. Having said that they haven't explored PEDL137 yet.

Ocelot

Unfortunately your polishing skills are crap.

Only makes it twice as bad.

UKOG

@UKOGlistedonAIM

HORSE HILL LATEST: “This farmin offers the prospect of increased production and revenues at zero capital cost, helping preserve working capital for other projects, Dorset hydrogen storage and Loxley conventional gas,” says UKOG CEO Sanderson. #oil #energy https://tinyurl.com/8p5sfs7m

UKOG

@UKOGlistedonAIM

HORSE HILL UPDATE: Binding Horse Hill oil field farmin term with Pennpetro Energy Plc extended until 30 June 2024. The farmin will fund 100% of acquisition of 12 square km 3D seismic survey and the drilling of next infill production well. #oil #energy https://tinyurl.com/8p5sfs7m

10:05 AM · Dec 11, 2023

·

11

Views

https://twitter.com/UKOGlistedonAIM/status/1734152367866593552

Now we know the world will not end - for a bit.

Ocelot

I suppose 43.67% is better than nothing but what is to say they end up with another HH-2 or HH-1? Doesn't Brockham tell you anything?

Nothing for this week and only 3 days next week for a decision.

6 Planning applications still extant for Loxley including the Pratts corner make or break one.

UKOG forecasts way off as normal.

Horsehill 21 June 2023 "A final judgement will likely be handed down in late Summer/early Autumn once Lady Justice Rose and Lord Justices Kitchin, Leggatt, Richards and Sales have considered the case"

Loxley 26 June 2023

"It is anticipated that site construction will commence in the second half of 2023"

Wording totally different on UKOG board.

ocelot is actually a snake.

"ocelot

Posted in: UKOG

Posts: 22,867

Price: 0.025

No Opinion

RE: RNSToday 07:11

"The farmin remains subject to the completion of the formal farmin agreement and necessary regulatory consents".

So HHDL's non-controlling interests (principally Alba) are now in agreement with the proposed farm-in."

Looks like ocelot is having spam this Christmas as the Turkey and Horse is off.

Ocelot

You are not very good at spinning are you?

"The farmout to PPP is subject to the completion of a formal Farmout Agreement between the Parties, formal consent by each Parties' respective boards, the full consent of all HHDL's shareholders and regulatory consent from the North Sea Transition Authority for any Licences interest assignment."

LMFAO

https://*************.com/epic?query=ukog

premium content

uk oil & gas robs the gas meter to pay the electricity meter

some folks seem to think that uk oil & gas (ukog) received a cash windfall today of £675,000. i am sure that is what ceo lyin’ steve sanderson wants them to think but au contraire.

I wonder why the value of the uncrossing trade only ever equals or is more than the last normal trade? Perhaps ocelot should explain why to his readers when he posts such deceiving BS.

Adrian

Only about 50% water. The other half is oil.

Adrian

That is not what UKOG accounts said.

Consolidated statement of comprehensive income for year ended 30 September 2022

Operating loss £5.288m

HHDL loss was only £3.236m for year ended 30 September 2022

Adrian

It has dropped enough so that you are still in the red. Don't forget you keep telling us when you buy and the SP is only the "mid" and not the "sell". Keep "fooling" yourself while we all have a laugh.

Ocelot really is swimming with the fishes now. How desperate will he get and when will he run out of polish?

Not sure what happened to link.

https://i.ibb.co/9W3tpPS/hhdl-a1-42ea-b55b-fa59b57420a4.png

Strange. Only Adrian is recommending a Strong Buy! Hardly encouraging is it.