Member Info for jptop7

09:36 - 03/10
Buy 1025603 1.95p £19,989.00
10:50 - 03/10
Buy 1000000 1.95p £19,490.00
10:05 - 03/10
Buy 1000000 1.95p £19,490.00

09:36 - 03/10
Buy 1025603 1.95p £19,989.00
10:05 - 03/10
Buy 1000000 1.95p £19,490.00

The view from APPEC delegates were unanimous: A cocktail of production woes, US sanctions on Iran, production constraints and an inventory squeeze may be enough to push oil closer to the three-figure mark last seen four years ago.

ICE Brent crude futures hit $100/b for the first time in Q1 2008 and then went on to climb to a record near $147/b in the same year in July. The last time oil was above $100/b was in
September 2014.

wow great for lth should see a nice rise well done .

Within days not weeks , lth deserve 3000 bopd .

#UKOG #HORSEHILL.

BREAKING NEWS.

Pump is on. Has been shut down 24 hours prob pressure test. BIG News!
Seperator Oil Heater stack is hazing! IE kill brine is out oil and gas water being Separated same as 2016. Chokes will be played with until Dry oil. VIVA UKOG!!

Hope so. But why did the price not move . I believe they are naked short positions being covered .MMs trading with each others and of course our brokers are allowed to lend out our shares? without our position hence the time to get them back in place is the squeeze senario . It indicates to me that the amount of shorts and share loaned out are being difficult to tally. This could cause a massive run . lets hope we see a moment soon most PIs nerves are shot

Yes I am afraid the rules seem to be stacked against PIs iv always thought that .Some posts earlier have explained the market mechanics basically how they hold shares price down to give a false reading to allow the IIs I call them and have posted many times IIs never buy high thats what I mean . But if you believe in a share and can withstand the paper loss a share that is treated this way should always come back . Gl here it looks like one of those share that will bag in a second .

Under the SSR, there are certain exemptions for market-making activities and primary market operations.

This means certain firms do not have to disclose net short positions – both private and public.

These firms can also reduce the restrictions on entering into uncovered short positions in shares, sovereign debt and sovereign credit default swaps.

But you cannot automatically use these exemptions and they are limited – you can only be exempt when undertaking market-making activities and you cannot use them when carrying out proprietary trading.

The exemption must also be applied to specific instruments.

See further information in our revised note on the UK notification process for market makers and authorised primary dealers (PDF).

MMs do not have to declare short positions unfortunately

Exemptions from the SSR
Market makers and authorised primary dealers may not have to comply with these obligations when undertaking market-making activities in the instruments and using an exemption from the SSR.

They have to buy them back thats whats happening a margin call could follow and cause a panic and a short squeeze .
A short squeeze is a rapid increase in the price of a stock that occurs when there is a lack of supply and an excess of demand for the stock. Short squeezes result when short sellers cover their positions on a stock, resulting in buying volume that drives the stock price up.

Naked short selling, or naked shorting, is the practice of short-selling a tradable asset of any kind without first borrowing the security or ensuring that the security can be borrowed, as is conventionally done in a short sale.

The pond becomes a little bit better day by day soon Heid lillys will be flowering on the UKOG tests for sure.

#ukog #angus it flows. comercial
Angus Energy Completes 7-Day Well Test at Balcombe
Horizontal Well Balcombe-2z Flowed at 853 Bopd and 1,587 Bopd
During Separate Test Runs
Balcombe Field Discovery Capable of Producing at Commercial Rates

More than likely the reason for the share being held down lets see.

#ukog https://www.youtube.com/watch?v=MAezcLgYDs4 …
Pump off flow test continue as pump could not handle the pressure seem like the conclusion. gl lth

This may go straight to auction in the morning .

The previous pump had to be replaced to handle the flow I believe that the rate the bigger pump was being worked at indicates the pressure is to great. They may allow it to run free now or order a bigger pump. Its starting to look very good.

The fool on the hill
‏

@Adrianwfire
18s19 seconds ago
More
#UKOG #HORSEHILL
.BREAKING NEWS
Looks like pump may have been taken off.

If so Kimmeridge prob free flowing.

In 2016 the pump restricted oil flow 709 bopd and was removed from KL4 after 15 mins . Stable flow rates increased to 901 bopd :)

Confirmation tomoz.

Fool News END

ukog went to 10p when the oil price was half what it is today . It was well bought all the way up .The position of the company has improved .The price of oil has improved it owns more of the acreage. looks like iv talked myself into buying more at 2p .