Member Info for Ibug

Ells

Down 10% since the top today. Where will it end. Still got an hour to go. Or will you try and suppress that as well. I may even get my buy price before the gun news is announced.

You would make a good balloonist.

"At IR §4.4 the Inspector noted that the probability of the exploration being successful was quoted by UKOG as 60-70% and 30-40% for the secondary target. Independent analysis suggested this would be “the second largest gas accumulation found in UK onshore history”. It was described by UKOG as a “meaningful regional project size”."

ditto

Ells

Tosh. Who believes the rubbish you spout? Certainly no one that trades regularly. No doubt the fools hang on to every word ou say and are then stuck holding on to the shares they have bought on the back of it. It is not too difficult to spot them.

Don't you ever wonder why the buys at the end of the day are under a £. It may make the change at the end of the day look good or bad depending on who got the last trade in but the Bid and Ask change little.

No mention from Sarah though. Did Adrian put a non-disclosure order on her?

ells

who knows. i still hold a few shares. all depends on sp and when news of perf guns drop and how the market views it. who cares about bullish/bearish/bull****ish. just look at adrian. he will flipflop all over the place. my views on the company have not changed since 2014.

Ells

Is that why it is dropping already?

https://www.google.com/finance/quote/UKOG:LON

Won't be long before it is down to 0.056-0.057p again.

Will the perf guns be another flash in the pan?

You keep living the dream.

Adrian

Another 4 efforts and they will have matched the ones by SS.

PS What is it with you and female names? Is it because she was born near you? It is spelt Des'ree.

I did like this bit.

"At IR §4.4 the Inspector noted that the probability of the exploration being successful was quoted by UKOG as 60-70% and 30-40% for the secondary target. Independent analysis suggested this would be “the second largest gas accumulation found in UK onshore history”. It was described by UKOG as a “meaningful regional project size”."

Adrian

Have you forgotten about your love of Sarah already? I don't remember many on here saying UKOG were going to lose the Court Case. No doubt you will do an ells and be unable to find any evidence that those named said otherwise. Sticks and stones but never any evidence.

When you are getting through about £400k a month above breaking even that £3m won't last long. Since March they have had the 2 court cases to pay for over and above the norm. Receipts of oil have also dropped since the end of March.

Trash

I trade this every time there is a significant movement either up or down. I shall buy back in again when it gets down to under 0.055p or lower. The only interest I have is in making money. You it would appear have no interest at all apart from making insignificant posts depending on what time of the month it is.

Court Ruling - Guns - Court Ruling imo

HH was a 2 day case so may take longer for a decision. Can't see the guns taking much longer unless we are not being told what is really going on.

At least they have plenty of time to raise the cash as none of the Planning Applications have been approved yet. It is now 2 months since the consultation period ended for the first one.

So what happened to "UK Oil & Gas PLC (London AIM: UKOG) is delighted to announce that SGN (southern England's gas distribution pipeline network operator) has confirmed that their Local Transmission System ("LTS") can accept all the potential future gas production from UKOG's 100%-owned Loxley gas discovery. SGN's capacity thus provides a clear route to the wider gas market and the monetisation of Loxley's gas.

SGN's network analysis demonstrates that the LTS can readily accept 34,500 cubic metres per hour (equivalent to 30 million cubic feet of gas per day), corresponding to Loxley's high-side forecast field production rate. A pipeline routeing study to the identified grid entry point can now commence."

and information on farmin?

1 down, 1 to go. Now where are they going to get £7m+ from?

To post from Crottet, France!

Did I miss the one saying it had been approved by all parties? I bet ells can't find that one either.

13th Jul 2023 7:00 am RNS Avington Oil Production to Restart

28th Jun 2023 7:00 am RNS £3 million funding facility

26th Jun 2023 2:13 pm RNS Unaudited results six-month ended 31 March 2023

21st Jun 2023 7:00 am RNS Horse Hill Update

8th Jun 2023 7:00 am RNS Loxley High Court hearing

23rd May 2023 9:06 am RNS Turkey: Pinarova-1 Testing Update

5th May 2023 12:12 pm RNS Result of Annual General Meeting

3rd May 2023 7:00 am RNS Turkey: Pinarova-1 Update

25th Apr 2023 12:30 pm RNS Holding(s) in Company

25th Apr 2023 12:13 pm RNS Turkey: Pinarova-1 drilling ahead

24th Apr 2023 7:00 am RNS Holding(s) in Company

21st Apr 2023 8:40 am RNS Turkey: Pinarova-1 oil shows & testing

18th Apr 2023 11:51 am RNS Turkey: Pinarova-1 casing set

13th Apr 2023 12:56 pm RNS Holding(s) in Company

13th Apr 2023 9:39 am RNS Turkey: Pinarova-1 reaches first casing point

11th Apr 2023 7:05 am RNS Notice of Annual General Meeting

11th Apr 2023 7:00 am RNS Turkey: Pinarova-1 drilling commences

5th Apr 2023 4:51 pm RNS Holding(s) in Company

3rd Apr 2023 7:00 am RNS 2022 Annual Report and Accounts

31st Mar 2023 4:44 pm RNS Annual Accounts for year ended 30 September 2022

31st Mar 2023 7:00 am RNS Turkey: Pinarova-1 construction completed

30th Mar 2023 1:44 pm RNS Holding(s) in Company

28th Mar 2023 7:37 am RNS Horse Hill Farmout

You did read the RNS didn't you?

"four (4) potential oil production wells"

"bringing the Chalk Talk #1H and #4H wells back online, flow testing the Whistling straits 5H well and potentially bring back online the 100% owned City of Gonzales #1 (COG #1) well that Pennpetro was forced to shut in over the Covid period."

""Chalk Talk wells initial production rates ranged from 100-400 barrels of oil per day, so we are optimistic that we could see the Chalk Talk #1H and #4H wells providing PPP with some good oil production numbers in future."

We all know initial flow rates are far higher than those after a few years.

""As we previously reported, Millennium, the previous Operator of Whistling Straights #5H well unsuccessfully installed a jet pump to clean up the well and until now has yet to recover all the load water used during drilling and completion, from the well. "

Still ongoing after 3 months.

The grass doesn't normally turn out greener from my memory.

Hardly surprising since no onshore Oil or Gas wells have been drilled onshore in the UK, apart from 2 offshore Wytch Farm wells, since 2020.

Ells

They had plenty of time between the decision and the challenge.

I challenge you to find anything that UKOG have said that even intimated that the court cases delayed them in any drilling of new wells at Horse Hill or Loxley.

Some hack writing an article for sensationism does not count. Nor does opinions of posters on here. Any RNS or presentation/tv interview would do.