Member Info for Ibug

Https://www.lse.co.uk/ShareChart.html?sharechart=STAR&share=Star-Energy

I wonder when ells started buying into STAR?

https://www.lse.co.uk/ShareChart.html?sharechart=VAL&share=Valirx

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

Seems to be a common trend of a dropping SP.

He reminds me of Ozzy52 back in the day.

Ells

Here are 2 examples;

I take it you don't read the RNS's so it wasn't unexpected to some of us.

"Avington (PEDL070)

Field currently shut in but planned for production reinstatement in 2023.

UKOG holds a 5% interest."

"Avington Oil Field (UKOG 5%)

IGas, the Avington oil field operator, advised that the field is being prepared to restart production. Avington ceased production in late 2017 due to high operating costs. However, with higher oil prices and all regulatory approvals in place, the joint venturers have agreed to restart production from the field."

I'll let you look for them.

Amazing how ocelot can watch a 40 minute presentation in 5 minutes. Now doubt he has gone back over a year to find something which is out of date the same as UKOG have done with their figures in the RNS.

When you have to check the validity of the information in an RNS you know things are not quite right with a company.

Ocelot

What have Star said about it? Did UKOG mention 2024?

Shame they didn't read

https://www.starenergygroupplc.com/wp-content/uploads/2023/06/DM-Competent-Persons-Report-2022.pdf

and

https://www.starenergygroupplc.com/wp-content/uploads/2023/06/FY-2022-Results-Presentation.pdf

Disposal costs of the water are the biggest problem. Over 3000m3 a month when last producing.

They shut Avington down for a reason. I take it you have all checked what it was producing before it was closed down. The polishing skills on this board are abysmal.

What is 5% of just over 30bopd? It won't even keep the BoD in lolly pops.

The only problem is Brent needs to rise to $160 before UKOG will break even.

Ocelot

That is probably because someone didn't like the fact that yesterday was probably the worst day ever trading for UKOG and you failed to report it.

50 odd trades and 10 1/5 million ish shares traded. The way it is going today is going to be worse.

So go ahead and report this one as well.

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

Some big changes since we started producing. Quite a drop in the last year but has it bottomed out? You would be daft to bet against it imo.

Month Price$ Change

Mar 2020 32.98 -40.04%

Apr 2020 23.34 -29.23%

May 2020 31.02 32.90%

Jun 2020 39.93 28.72%

Jul 2020 42.81 7.21%

Aug 2020 44.26 3.39%

Sep 2020 41.09 -7.16%

Oct 2020 40.47 -1.51%

Nov 2020 43.23 6.82%

Dec 2020 49.87 15.36%

Jan 2021 54.55 9.38%

Feb 2021 61.96 13.58%

Mar 2021 65.19 5.21%

Apr 2021 64.77 -0.64%

May 2021 68.04 5.05%

Jun 2021 73.07 7.39%

Jul 2021 74.39 1.81%

Aug 2021 70.02 -5.87%

Sep 2021 74.60 6.54%

Oct 2021 83.65 12.13%

Nov 2021 80.77 -3.44%

Dec 2021 74.31 -8.00%

Jan 2022 85.53 15.10%

Feb 2022 95.76 11.96%

Mar 2022 115.59 20.71%

Apr 2022 105.78 -8.49%

May 2022 112.37 6.23%

Jun 2022 120.08 6.86%

Jul 2022 108.92 -9.29%

Aug 2022 98.60 -9.47%

Sep 2022 90.16 -8.56%

Oct 2022 93.13 3.29%

Nov 2022 91.07 -2.21%

Dec 2022 80.90 -11.17%

Jan 2023 83.09 2.71%

Feb 2023 82.71 -0.46%

Mar 2023 78.53 -5.05%

Apr 2023 84.11 7.11%

May 2023 75.70 -10.00%

Ocelot

So how come electricity prices have come down this year? There is a real world and there is an ocelot world according to which paper article benefits his position. My daughter has been complaining about the money we get back for electricity we provide to the grid from the solar panels so I know it must be true.

Share Price

 Microsaic (MSYS) 0.0065

 Vela Tech. (VELA) 0.0135

 Inspirit Energy (INSP) 0.026

 Echo Energy (ECHO) 0.028

 Tower Resources (TRP) 0.042

 Bezant Res (BZT) 0.045

 Mediazest (MDZ) 0.045

 Kibo Energy (KIBO) 0.05

 Mosman Oil Gas (MSMN) 0.05

 Uk Oil & Gas (UKOG) 0.0575

 Gfinity (GFIN) 0.0675

 Nanosynth Group (NNN) 0.0814

 Great Western (GWMO) 0.0835

 Katoro Gold (KAT) 0.085

 Petroneft (PTR) 0.085

 Challenger Energy (CEG) 0.09

 Tomco Energy (TOM) 0.09

 Tertiary Minerals (TYM) 0.0975

 Baron Oil (BOIL) 0.1

 Lansdowne Oil (LOGP) 0.1

 Mobile Streams (MOS) 0.1025

 Trafalgar Prop (TRAF) 0.105

 Oracle Power (ORCP) 0.1075

 Sunrise Res (SRES) 0.115

 Clontarf (CLON) 0.1175

 Alba Mineral Resources (ALBA) 0.124

 Reabold Resources (RBD) 0.125

 Synergia Energy (SYN) 0.1275

 Catenae In Plc (CTEA) 0.135

 Location Scienc (LSAI) 0.14

 Deepverge (DVRG) 0.15

 Strategic Minerals (SML) 0.15

 Thor Energy (THR) 0.15

 Blue Star (BLU) 0.155

 Nostra Terra (NTOG) 0.155

 Global Petroleum (GBP) 0.165

 Craven House Capital (CRV) 0.17

 Eqtec (EQT) 0.17

 Trackwise Desi. (TWD) 0.175

 Red Rock Resources (RRR) 0.18

 Oriole (ORR) 0.185

 Coro Energy (CORO) 0.21

 88 Energy (88E) 0.25

 Arkle Res (ARK) 0.275

 Ironveld (IRON) 0.295

 Corcel (CRCL) 0.3

 Gunsynd (GUN) 0.3

 ECR Minerals (ECR) 0.325

 Scirocco Energy (SCIR) 0.325

 Rockfire (ROCK) 0.335

 Infra.india (IIP) 0.35

 Alien Metals (UFO) 0.355

 Powerhouse Ener (PHE) 0.415

 Pathfinder Minerals (PFP) 0.425

 Vast Res (VAST) 0.445

 Distil (DIS) 0.45

 Yourgene (YGEN) 0.45

 Adm Energy (ADME) 0.5

 Premier African Minerals (PREM) 0.5

 Rurelec (RUR) 0.525

 Actual Experience (ACT) 0.55

 Rosslyn Data (RDT) 0.55

 Kefi Gold (KEFI) 0.57

 Barryroe Off. (BEY) 0.575

 Provexis (PXS) 0.575

 Riverfort (RGO) 0.625

 Sancus Lend (LEND) 0.64

 Kore Potash (KP2) 0.675

 Power Metal (POW) 0.685

 Kodal Minerals (KOD) 0.686

 Bidstack Group (BIDS) 0.75

 Artemis Res (ARV) 0.775

 Woodbois (WBI) 0.79

 Kazera Global (KZG) 0.8

 Empyrean (EME) 0.875

 Fulcrum Utility (FCRM) 0.9

 Simec Atlantis (SAE) 0.9

 Galileo Resourc (GLR) 0.925

 Real Good Food (RGD) 0.95

 Minoan (MIN) 0.975

 Physiomics (PYC) 0.975

 Bowleven (BLVN) 1

 Botswana Diam (BOD) 1

 Cloudcoco (CLCO) 1

 Greencoat Rene. (GRP) 1.01

 Light Science (LST) 1.05

 Star Phx Grp (STA) 1.05

 Haydale (HAYD) 1.1

 Armadale Capital (ACP) 1.125

 Angus Energy (ANGS) 1.125

 Asiamet Res (ARS) 1.2

 Deltex Medical (DEMG) 1.2

 Capital Metals (CMET) 1.25

 Petrel Resources (PET) 1.25

 React Group (REAT) 1.275

 Verditek (VDTK) 1.3

 Agriterra Ld (AGTA) 1.35

 Celsius Res (CLA) 1.35

 Sound Energy (SOU) 1.3975

 Block Energy P. (BLOE) 1.4

 Europa Oil&gas (EOG) 1.4

How many are O&G companies?

Made me laugh. Apparently SS has posted on twitter.

We're using hydrogen to power our big machines and it's a revelation, says JCB boss LORD BAMFORD

By LORD BAMFORD FOR THE DAILY MAIL

"https://www.dailymail.co.uk/debate/article-12264355/Were-using-hydrogen-power-big-machines-revelation-says-JCB-boss-LORD-BAMFORD.html

The proof is here. Monthly returns from UKOG to the NSTA.

755.5

981.4

736.9

637

507.6

535.5

376.5

197.1

408.6

340.9

426.4

374.8

436.5

407.8

417.9

382.4

383.2

340.1

181

261.4

243.6

257.2

249.6

221.7

253

220

210.7

216.6

25.4

242.8

225

200.5

198

231

231.8

218.3

230.1

185.3

12949.1 = 96,211.813 bbls

Ells certainly makes it up.

"Horse Hill has still produced 200,000+ barrels of oil to date and since 2019 all it has been is red tape challenge after challenge that has halted progress."

Wrong.

"As of end-April over 187,000 bbl of Brent quality crude had been produced and exported from the Kimmeridge and Portland pools."

Not a chance in hell that they have produced 13,000 barrels of oil in 2 months when they have been averaging between 14 and 1,500 bbls/m.

96,212 barrels of oil since March 2020. The other 90,000 odd thousand barrels of oil came from between 2014 and March 2020, the majority from the EWT.

ells needs to learn to get his facts right and not make up jackanories.

UK onshore oil and gas production in charts – April 2023

DrillOrDrop’s review of the latest UK onshore production data, for April 2023, reveals a big drop in monthly production from the largest field at Wytch Farm. This cut the UK’s total monthly onshore oil volumes by more than half.

Full story here:

https://drillordrop.com/2023/07/05/uk-onshore-oil-and-gas-production-in-charts-april-2023/

I am in concurrence with UKOG. I didn't expect them to get a sniff of oil above the 300m mark. The wells already drilled in the licence area are a big clue including the the ones ones already drilled far deeper.

It's only 6 weeks since we last had news on the perf guns.

Looking good for the next year.

CONTRACT LAST TIME(GMT) % CHANGE VOLUME

OCT23 75.210 7/4/2023 9:15 AM 0.994 32595

NOV23 74.930 7/4/2023 9:15 AM 0.970 19053

DEC23 74.630 7/4/2023 9:15 AM 0.933 18614

JAN24 74.340 7/4/2023 9:15 AM 0.937 5561

FEB24 74.050 7/4/2023 9:15 AM 0.927 4547

MAR24 73.790 7/4/2023 9:15 AM 0.916 2534

APR24 73.470 7/4/2023 8:51 AM 0.796 1154

MAY24 73.270 7/4/2023 8:17 AM 0.840 536

JUN24 73.100 7/4/20239:15 AM 0.911 5364

JUL24 72.810 7/4/2023 8:17 AM 0.831 1732

Oops

Daughter has just reminded me it's PEDL 234.

I just wish someone would take Loxley. PEDL's 137 and 235 have probably accounted for £60m+ of monies raised here. Not one project is showing or has shown a profit since they started.

It's a good job if you can get one.

Ells

Why Average price of Brent for May was $75.70. It won't be much different for June.

Even your link says "September Brent crude BRN00, 0.80% BRNU23, 0.80%, the global benchmark, was up 47 cents, or 0.6%, at $75.88 a barrel on ICE Futures Europe."

Hardly a good month ahead for oilers.

You really must improve your polishing skills.

46 bopd from HH in April didn't even gross the consortium £100k.