Member Info for Ibug

Adrian

You have been saying that for the last 6 years. Can't you come up with anything better than that?

Ocelot

Get a life FFS. "considerable trouble" has taken about 10 weeks. Who are you trying to kid?

This was where the cons started.

"The noise I heard at horse hill was very simular to the noise on this youtube video.

Hope this link works. https://youtu.be/coogZwPpm1U

From the noise I was hearing from site today I think they maybe flow testing..There is no sign of a rig but I think I read a while back Shclumberge (sorry about the spelling) supply a bit of kit that negates the use of a rig to flow test..There also apears to be a large grey building I have not seen before .Now the leaves have fallen from the trees in the wood I can just see it.

I've invested my shirt on this striking lots of oil."

This was the large grey building!

https://ibb.co/0swF3M7

Some of you may remember it.

Ocelot

One day you will wake up and realise that it is only YA are keeping the trades going with the help of one or two wishful thinkers. You just never know when the next big trade will be and at what price.

P'nuts

Ocelot

We know from experience that what what AME pass on to UKOG doesn't necessarily get passed on to PI's. You just need to look at the delay in passing on the fact that they did not win the licence bid for the areas south of Resan which they kept us in the dark for ages. They only informed us 4 months later hidden in a "Turkey: General operational update" RNS.

A new renewable energy company is going to be announced next week. It will be called Farthing Energy as that is all the shares will be worth. Conning PI's out of their hard earned cash is getting harder in the onshore O&G exploration sector mainly because of the lack of oil. The BoD have worked out that hot air and water, sunlight, hydrogen, wind and wave motion give them enough leeway to confuse punters to believe anything they say.

Ocelot

UKOG is not a money pit. The last raise only covered;

· 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.

If they want to go further they will be going for that extra £2m to cover costs and any further action in Turkey.

Ocelot

isn't it amazing how quickly you have forgotten;

"Both new and legacy seismic data also show a series of vertically stacked seismic amplitude anomalies within the core of Pinarova's Hoya structure, possibly directly indicating hydrocarbons and/or the development of good reservoir within the Hoya."

And what did they find? Sweet FA.

The site has been stripped of anything they can sell or has been returned to leaser.

https://ibb.co/sjC4L2G

Not a lot left. Surge tanks and large flare they bought from PW. They may need those at some time but who knows when.

The last clean up of the site was in April. Since then there has been a steady decline in production and increase in water.

month bopd Receipts Av POO in $

Apr 23 46 $115,801 84.11

May 23 57 $132,738 75.70

Jun 23 56 $125,815 74.89

Jul 23 50 $120,150 80.10

Aug 23 46 $122,864 86.16

Already below "Bahamas" level.

Https://twitter.com/UKOGlistedonAIM/status/1726925826757984644

Why would they try to deceive PI's into thinking there was a rig on site? That is the sort of thing some on here would try to do.

How low can they get?

Insidious

Based on what? I take it you still believe in Father Christmas and the Tooth Fairy.

Those were the days.

https://twitter.com/UKOGlistedonAIM/status/711824739568918528/photo/1

Never lasts long.

Penguins

You just never know what they are going to post to pull the mugs in. They started back in 2016 and it has never stopped.

After all how many 1st "oils" can you have?

https://twitter.com/UKOGlistedonAIM/status/699600566696206336 3W tanker so it will be a crude oil mix

https://twitter.com/UKOGlistedonAIM/status/699603560296812545 Non Haz

first #OIL tanker to GO https://twitter.com/UKOGlistedonAIM/status/700411032242618368 Yet another 3W crude oil mix

TPAO are about to drill the first well (Kalender-1) in the licence areas south of Resan which the consortium failed to get in the bidding process.

The fact that they have pushed out a RNS to say the guns have arrived in the Country does not bode well. I wonder what "triggered" that.

Perhaps it will "trigger" a minor spike.

I'd love to know what ocelot is smoking.

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

Shame he didn't give the dates out. You would think with shares so cheap and so many UKOG supporters on here they would have been hoovering them up but that doesn't seem to be the case. If YA were not here they would be lucky to trade 1m.

Ocelot

This was a real gem.

"On the positive side, despite this protracted delay, the partners have persisted, so they clearly believe the exercise is worth undertaking."

What you really mean is that they have no choice as they are the operator of the site but have no monetary interest in the operation.

I guess if you want to say "the partners have persisted" that is well off the mark. They have no choice.

It's all same where if they farm into HH-3 UKOG are the operator but don't hold the major interest.

What was really going on rather than what was in someone's imagination.

" Nob on the hill reports "This is the Major work on an ESSO pipe line 0.9 miles from #Horsehill 1 well head ? With long term Production testing about to start." Or as SCC like to call it; Road restriction for Esso to carry out excavation and inspection of the pipeline.... www.surreycc.gov.uk/roads-and-transport/roadworks-and-maintenance/roadworks"