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I think what Pboo is trying to say is that he has been clutching at straws and wouldn't recognise real information if it jumped up and hit him in the ass.
All he can do is just make up a story and hope the mugs will believe it. No wonder there are so many LTL's here.
Pboo
Tosh.
"We were delighted that the North Sea Transition Authority ("NSTA") granted its formal consent for the conversion of Horse Hill-2z into a water reinjection well. With both the Environment Agency and NSTA permissions in hand, UKOG can now further expedite its plans for produced saline formation water reinjection at Horse Hill, removing the need for costly transportation and disposal of produced water at third-party sites. We estimate that the removal of these costs would add around £250,000 net earnings to the Company per year and reduce the field’s carbon footprint.
The precursor stage to water reinjection was carried out successfully post period, when three shallow water monitoring boreholes were installed at the site. Initial sampling of the boreholes, which terminate within the underlying impermeable Weald Clay formation, found no moveable groundwater immediately beneath the site. A three month baseline monitoring period prior to the reinjection workover is now underway and scheduled to be completed around the end of April 2023."
They would have already carried out the installation of the re-injector if they thought it would be beneficial. Everything is in place with all approvals.
If you had done your research it is in £ not $. UKOG have never said "double or even treble".
The re-injector is a long way from the source of HH1 and on the other side of a fracture.
They are only putting back what has been taken. They have never mentioned topping up or replacing what has been taken out so far.
Keep trying to ramp this HOS. Only a fool is going to believe you.
"""Stock is in waiting mode."""
Certainly no sign of MM's hoovering up LTH's losses. Not even a "Hail Mary" going for this one.
Looks like all the old fogies had a bit too much at lunch.
14-Mar-24 14:11:56 0.0665 106,781 Buy* 0.06 0.07 71.01 O
14-Mar-24 13:44:45 0.0665 24,074 Buy* 0.06 0.07 16.01 O
14-Mar-24 13:22:30 0.0663 900,000 Buy* 0.06 0.07 596.70 O
14-Mar-24 13:16:39 0.0663 287,337 Buy* 0.06 0.07 190.50 O
That will please the village idiot. Wonder what his next opening gambit will be? We have had HH and BB. Only leaves Robin of Loxley and the Portland stone. Guess it was named because of the amount of oil it contained in days of lore!
13-Mar-24 15:29:31 0.0622 400,521 Sell* 0.06 0.07 249.12 O
13-Mar-24 15:01:07 0.0666 27,102 Buy* 0.06 0.07 18.05 O
13-Mar-24 14:56:47 0.0666 119,339 Buy* 0.06 0.07 79.48 O
13-Mar-24 14:40:34 0.0698 42,979 Buy* 0.06 0.07 30.00 O
13-Mar-24 14:28:39 0.0622 3,000 Sell* 0.06 0.07 1.87 O
13-Mar-24 14:22:45 0.0602 7,182 Sell* 0.06 0.07 4.32 O
13-Mar-24 14:13:07 0.0698 8,065 Buy* 0.06 0.07 5.63 O
13-Mar-24 13:41:51 0.0602 1,500 Sell* 0.06 0.07 0.90 O
13-Mar-24 13:31:03 0.0666 150,000 Buy* 0.06 0.07 99.90 O
13-Mar-24 12:51:17 0.0666 144,902 Buy* 0.06 0.07 96.50 O
13-Mar-24 12:23:51 0.0666 3,791 Buy* 0.06 0.07 2.52 O
13-Mar-24 12:16:16 0.0666 33,701 Buy* 0.06 0.07 22.44 O
13-Mar-24 12:04:55 0.0602 310 Sell* 0.06 0.07 0.19 O
All the big players were out!
This report concerns two planning applications to retain, for an extended period of 24 months (two years), the hydrocarbon exploration well site (application WSCC/046/23) and associated fencing, gates and cabins (application ref. WSCC/047/22) at Wood Barn Farm, Broadford Bridge, near Billingshurst.
The additional two-year period is sought to carry out further off-site appraisal of the hydrocarbon resource, with the site remaining in its current dormant state before being restored and fencing/cabins being removed (if no viable hydrocarbon resource is found). If a viable resource is confirmed, the site and fencing would be retained pending the preparation of a new planning application for further appraisal or production.
This report provides a generalised description of the site and a detailed account of the proposed development and appraises it against the relevant policy framework from national to local level.
Deltavegatheta
I think revenue will be down about $200k and Portland burn will be up considering the work they are doing so maybe worse off than you think. They have already spent the first lot of money that they raised for Loxley to get the infrastructure and pad built which may take the edge off.
23 Jan 2024 15:48
RNS Number : 6605A
UK Oil & Gas PLC
23 January 2024
UK Oil & Gas PLC
("UKOG" or the "Company")
Loan Balance Reduction via Equity Share Issue
UK Oil & Gas PLC (London AIM: UKOG) announces that to further reduce the balance of the funding facility announced on 28 June 2023 ("Loan"), it has delivered to RiverFort Global Opportunities PCC Limited and YA II PN Ltd ("Investors") a fourth tranche of ordinary shares ("Equity Shares"). Conversion of these Equity Shares by the Investors now reduces the balance of the £2 million gross first cash sum received to approximately £0.66 million.
13 March 2024
Application has been made for the fourth tranche of Equity Shares, numbering 206,965,282 ordinary shares in total, to be admitted to trading on AIM ("Admission"). Admission is expected to take place at 8.00 a.m. on or around 19 March 2024.
How many fourth tranches are there?
You mean like he does on here?
https://twitter.com/davethedrill1/with_replies
Adrian
I was only at HH once and that was back in 2014 before you even starting posting about UKOG. Keep on with the Jackanories. They may do something for your mental health but that is about it. Shame the SP has not kept in date with house prices as you are about to get real good kicking on your last fantasy buys.
Pboo
Did I say that? No I didn't.
I asked you "Name a field producing from the Kimmeridge?"
Oil has been exported from the Kimmeridge layer from the Kimmeridge Clays which are particular to the Weald which is not the same as "production" as you well know. Stop trying to twist my words and go paly with your wet wipes. The K1 well is not in the Weald.
UKOG don't think so otherwise they would be producing bucket loads from "the Weald / Kimmeridge".
You only need to look at "https://drillordrop.com/2024/03/04/uk-onshore-oil-and-gas-production-in-charts-december-2023/" to see how much oil is produced from the Weald.
Pboo
Name a field producing from the Kimmeridge?
You live in a dream world of net curtains.