Member Info for jptop7

BOOM RNS

You could be right it will give PIs a chance to top up before hand , Its obviously going to attack the 1.15 again and with any decent volume take out the 200 mda at 2.24 which will signal a breakout imo. gl

The fool on the hill
@Adrianwfire
·37m
#UKOG #GATWICKGUSHER
BREAKING!
Rig was being Dismantled over the weekend at Caythorpe.
The service of the rig as the Boss has informed us will take place and then be on its way to HH . Stand by everyone the hardest mile is the last one.
Pics from....
Our Man up North :)

Quite common IIs never pay a high price watch and learn imo

5000 bopd*

Is this the beginning of a company that is on the brink of becoming cash rich .

BOPD Target from just HH will be 5000 (conservative) Oil Price $58 BO costs $20 BO Rev per 2019/20 $105,850,000 costs $36,500,00 UKOG share of the profit $45,723,662. (Courtesy of OMaster) DYOR

#UKOG #HORSEHIL

Each new well producing at 1000 bopd at $60 a barrel is $60,000 a day and gives 86% of sales revenue of over $1.5 million to UKOG each 30 day period (Calculation from Adrian via twitter)
2 x new wells give $3 million a month to UKOG.

From Me
A well costs 3 million to drill this accumulation factor will require a calculator with a grid connection. dyor

I would hope the run will break through 1.15 next few sessions and my target is 1.30 is for this week without news dyor gl Team.

A hold above .95 would indicate 1.15 will go Monday.. imo

Nice wee earner ,will they get back in again tomorrow ? I am sure the ghost from the past will be back here scraping to try and get in lower tomorrow . Usual lol couple of weeks of the Traders until the next level.

Getting an oil discovery to flow is a difficult operation some of the best in the world failed ICEWINE 1 for example. SS has cracked the weald code and now has proved himself to be a shroud business man . I would not be surprised to find the MMs will let it go now ? Until the next res point that is of course . 1.30 is a good start before production and on success 2.50 with cash rich before Xmas loan paid off and onward . Just my thought s DYOR hope you get a cheap top up yesterday was the bottom . Dont think we will see that again you never know though ,but it will be bought heavy if it does , Good luck everyone. chin up great few weeks and months ahead.

SS just increase the value of the company on paper by 12 million but Until the CPR we dont know how much that will increase . He has already stated that the Portland is delivering more than expected and will supply more oil than first estimated.

The flow test results to date, combined with the prospect of further near term drilling, place Horse Hill in a strong position to deliver positive "free" cash flow to UKOG in the near and foreseeable future. Fact.

Portland production will position UKOG as one of the current top three oil producing companies in the UK onshore sector. Fact
I suppose the question you have to ask yourself is at below 1p is the risk v reward % on your side now only you can decide where you go with your investment or indeed if you buy a few . GL If is successful as it would be good for the UK and for the AIM .

https://www.youtube.com/watch?v=dTfc4N6dlng

That is correct .

The Climate Change is real but reducing oil use wont help . The world does need us to switch to other more expensive and environment damaging fuels hence the climate big lie. Blame it on oil and carbon encourage change to other fuels simple really. The estimate of a barrel of oil in 2025 is $200 . Oil is used in over 6000 products used daily wake up .
Sunspots are storms on the sun’s surface that are marked by intense magnetic activity and play host to solar flares and hot gassy ejections from the sun’s corona. Scientists believe that the number of spots on the sun cycles over time, reaching a peak—the so-called Solar Maximum—every 11 years or so. Some studies indicate that sunspot activity overall has doubled in the last century. The apparent result down here on Earth is that the sun glows brighter by about 0.1 percent now than it did 100 years ago.

Sunspots are storms on the sun’s surface that are marked by intense magnetic activity and play host to solar flares and hot gassy ejections from the sun’s corona. Scientists believe that the number of spots on the sun cycles over time, reaching a peak—the so-called Solar Maximum—every 11 years or so. Some studies indicate that sunspot activity overall has doubled in the last century. The apparent result down here on Earth is that the sun glows brighter by about 0.1 percent now than it did 100 years ago.

Slow charging electric vehicles are inefficient, put the electric grid at risk, and cause more emissions than diesel engines

Notwithstanding, in order to keep electric vehicles charged, energy is pulled from the grid mix, requiring more coal, more gas, and consequentially more CO2 emissions. Even though electric cars do not cause emissions directly from the vehicle, they do require 180 grams of CO2 per kilometer when battery manufacturing and recharge requirements are considered. According to the German researchers, this causes up to 28 percent more pollution than a diesel engine. The German researchers believe that vehicles powered by hydrogen or combustion engines using “green” methane offer more advantages for the environment, allowing for peaks in surplus wind and solar power to be stored to boost the sustainability of clean energy over the long term.

https://news.sky.com/story/iran-seizes-tanker-carrying-smuggled-fuel-in-the-gulf-state-media-says-11777198?dcmp=snt-sf-twitter

https://www.climate.news/2019-07-12-climate-change-hoax-collapses-new-science-cloud-cover.html

There is no doubt after researching this subject , that climate change is accelerating . It is accelerating due to reduced cloud cover which was not included in the predictions or time frame. You need to prepare for the changes that are taking place . We need to accelerate our deference improve rail strengthen dams , Dig deeper reservoirs increase emergency routes for water . Adapt to higher seas. What we do not need is to stop using oil and its benefits. EVs and its counterparts are great for improving our air quality and have a place , but no logical thinking person can believe they are a cure to our worlds climate change . Yes we should adapt to our environment extreme weather could be harnessed to increase energy to fight its devastating effects . The world is changing quicker than scientist anticipated or did they know all along ? To scared to tell us the increased rain fal and extreme heat has not come about because of co2 emissions in the last 5 years . Very obvious its something else and it could get a lot worse . We could use some of the increased revenue gained from the billions of oil and gas on our shores to change our infa structure and deal with the problem . Whilst using money to fund solar and wind farms . It will take 30 to 40 years to make us carbon free not because of CO2 levels but because we are running out of Oil and Gas
https://www.climate.news/2019-07-12-climate-change-hoax-collapses-new-science-cloud-cover.html
https://www.eia.gov/tools/faqs/faq.php?id=38&t=6