Member Info for jimb2

Alan2017,

how on earth did you know my position on ANGS, well you are wrong?

Bought in on two dates:

28/08/18
15/10/18

up 51% at the moment, I hold UKOG also X2 as much as ANGS and 11% down so nothing to be suspicious about.

I'm not caught up in the nonsense between the two BB's and individual's egos,

SS suggests late summer or early Q3, I see some are questioning the likelihood of permission to produce being granted, I'll stick with government policy:

https://drillordrop.com/2018/07/25/government-presses-ahead-with-planning-policy-changes-on-oil-and-gas-despite-limited-support/

“when planning for on-shore oil and gas development, clearly distinguish between, and plan positively for, the three phases of development (exploration, appraisal and production)”

Thanks wizsrd125 for your response at 21:42, wow!

Potentially 30,000 BPD from HH

SS hints at multiple thousands bpd from HH and number two onshore producer behind Wytch farm at 16,000 to 19,000 bpd, but is he hinting that HH could become number 1.

Maybe wishful thinking but make your own mind up, from 7:20

http://www.ukogplc.com/vid.php?aID=380

"in the O&G business you should always expect the unexpected"

I was only saying yesterday........

http://www.autonewschina.com/en/article.asp?id=18273

FRANKFURT -- Daimler is setting up a ride-hailing joint venture in China with Geely Group, in a sign the Chinese company is making progress in its drive for closer relations with the German automaker.

The prospect of autonomous cars hitting the road has intensified competition between technology companies, ride-hailing firms and traditional automaker to roll out fleets of smartphone-hailed taxis, or strike cooperation deals.

Now common place!

I'm sure we all know Geely purchased Volvo cars, Lotus cars, own 9.7% of Daimler and produce the London black cab.

So I have no doubt we are at the beginning of the transition to TASS Transport_As_A_Service

"Tesla will operate its own ride-hailing services and compete directly with Uber and Lyft, obviously." Musk said.

and so are most of the well known global car manufacturers, Jimb2 said

let the race begin to get the fleets on the roads.

Just for you (FrankieH)

The electric car-maker made a record $311.5m (£241m) in the three months to 30 September, as the pace of car deliveries accelerated.

Tesla has reported a quarterly profit for just the third time in its 15-year history.

https://www.bbc.co.uk/news/business-45971786

DYOR

Hi Obs,

interesting few months ahead, there's definitely an appetite for EV's with some very appealing models being launched, I'm betting on a J curve being formed by the end of January.

(been Observing myself for a good few years) never doubted the progress we are seeing.

https://seekingalpha.com/article/4212162-jaguar-pace-outsells-tesla-s-x-combined-40-percent-norway?ifp=0

Good news I hope for the UK and European (EV) manufacturers

When will the bods of these companies wake up to reality?

Maybe news like this will be the catalyst___Disruption__The_Story_Unfolds

PIE?

http://www.lse.co.uk/member-info.asp?nick=Cred2

https://www.bbc.co.uk/news/business-4593502021

London 2021 Self driving Taxis

Wilky1,

already happening,

My view has been posted on where we are going over the close of 2018 and earley 2019,

https://tinyurl.com/y7ep8hkw

GLA

I stand corrected Motley Fool did pick up on the Horizontal,

seadoc,

maybe he is being overly cautious given the negative press and justifiably so, I see Motley fool have overlooked the Portland being produced horizontally :

https://www.fool.co.uk/investing/2018/10/18/is-the-ukog-share-price-on-the-brink-of-a-new-surge/

Being understandably cautious, HHDL says its HH-2 horizontal well “has a targeted sustainable daily Portland production rate of 720 to 1,080 bopd“, which is two-to-three times the “calculated sustainable vertical well rate of 362 bopd derived from the EWT programme.”

Oh well if they missed the critical point vertical to horizontal then their followers will miss out.

Ashley Kelty is no novice:

http://www.theenergyreport.com/pub/na/16168?s=pdfqt-24343

He saw an upside in Caza Oil back in 2014

Still looking at his reports I'll opt for Nutech and Schlumberger for guidance.

Here you are Ashley and Motley Fool

https://youtu.be/7p51HfO4cfM?t=53

??

SS comments on the potential of the portland, application in for six wells plus one injector - could be three wells in the portland potentially producing 700 - 1000 bbls per well.

From last week - listen from 5:10

https://www.share-talk.com/stephen-sanderson-chief-executive-of-uk-oil-gas-plc-aimukog-11th-october-2018/

seadoc:

Horizontal in the portland is the plan according to the RNS and other comments by SS, its the top layer nearest surface level.

http://www.ukogplc.com/ul/UKOG%20Corporate%20Presentation%20Website%20March%202017.pdf

http://www.autonewschina.com/en/article.asp?id=18237

For the first nine months, automakers delivered more than 721,000 EVs and plug-in hybrids in China, a jump of 81 percent year on year, according to the China Association of Automobile Manufacturers.

Some big numbers and EV (81%) winning over hybrid.

And another independent analysts who seems to understand the portland just listen 1 minute 20 secs covers the portland:

https://youtu.be/5r3pcfxfqLs

Kelty - discredited missing the horizontal well reference as DL points out in his tweet.

The better than expected EWT results have robustly demonstrated that the Portland has significant daily production potential in its own right, ***which*** could see the first planned ***horizontal*** producer attain sustained oil rates of 720-1,080 bopd. If realised, these rates could make the Horse Hill Portland oil field one of the UK onshore's top producers.