Member Info for jerseyjohnnie

So theres more buys then sells but more sellers so price drops, doesnt make sense...

When The French sold out nobody Knew untl it was all over and SP bottomed.

For 10 days buys have outstripped sells but with a downward trend,whats going on in the back ground,this cant continue like it is,just crazy.Thats my winge for this morning.GLA

It may be top 2 of buys but its moving down the way,can only assume being held back,somethings not right.

Info on the shut in pressure taking its time to be presented.GLA

It would be very interesting if Angus 7 day well test mirrowed UKOGs at HH,OOH the whispers would be in full flow the....

UKOG found there 7 day test not conclusive enough for the market,they simply brushed it a side as in conclusive,so lets hope its viewed diffrently here.GLA

Thanks for the comments on buy outs.GLA

How is a buy out of UKOG work for the share holders,the market will not put a price on UKOG until EWT prove up reserves of OIP completed by a CPR,that leaves hundreds of miles of UKOGS Wealds acerage un proven, the estimates of billions of barrels will remain simply out of the sale equation,however for UKOG to go around and prove up its acerage could take up to 15 years judging by the time its taken HH.

Any clever insight on how his works would be appreciated..GLA

And the choke is not fully optimised as yet,so better figures to come.GLA

It was a tough call to inform us of the struggles going on at BB, in one hand pen up and tell the world what was happening and watch share price be devestated o dismay of investors or continue and hope to get it right....Tough call.

Guessing on 2500 Barrells total per day from all zones.
2500@$50 =$125,000 x365=$45,625,000 per year,now place Octupuss drill on pad and x by 10=$4,562,500,000.
Now place 20 Pads down with Octpus drills=$ 45,625,000,000=￡34,975,379,368.88

Strong buy.

Another interesting snippet in interview was the statement saying the Kimmridge was thought to be a tight play releasing 5-15% of estimated oil in place,opinion is now changing and it may be a loose play as highly fractured, this then will give up 40-60% of OIP.
The long term EWT will let us know.Fingers crossed.GLA.

UKOG have huge acerage of weald basin.GLA

And theres another bounous,GAS and lots of it...

Fantastic up beat interview by DL,interesting he let slip the kimmridge has flowed at Bognor regis but no news out yet on that one.GLA

DOR-
Why would they sell before establishing exactly how much HH is worth ?

Brent crude $77 we are in profit from $20 a barrell so $57 x350 = $19,950 x 360 = $7,182,000 place octupus drill pad in and multi by 10 $71,820,000 fromPortland.

Buys 6 to 1 and down over 8% some ones taking p...

They ran short of time.