Member Info for jptop7

https://www.share-talk.com/share-news/what-didnt-happen-at-horse-hill/
he flow test results are outstanding, demonstrating North Sea-like oil rates from an onshore well. This simple vertical well has achieved an impressive aggregate oil rate equivalent to 8.5 percent of total UK onshore daily oil production. The Portland also has greater flow potential as rates were limited by the test pump’s maximum capacity. Further significant flow rate improvements may be achieved from all zones using horizontal sidetracks during future planned operations. “These results also cause us to rethink and recalibrate many prior geological assumptions. Nutech will now reinvestigate the presence of significant natural fracturing and oil in place figures for both the Portland and Kimmeridge units given that all flow periods produced 100 percent dry oil”

UK Oil & Gas Investment plc reported Monday that the Horse Hill-1 onshore discovery in southern England has shown “North Sea -like” oil flows.

The well, located near Gatwick Airport in the UK’s Weald Basin, flowed oil at a stable rate of 323 barrels per day in its latest production test, bringing the final total aggregate stable dry oil flow rate from two Kimmeridge limestones plus the overlying Portland sandstone at the well to 1,688 barrels of oil per day.

Over the 30-90 hour flow periods from each of the three tested zones, no clear indication of any reservoir pressure depletion was observed, according to UKOG. imo

Thanks for your post it is re assuring to have a person in a business that will have indeed seen dramatic changes in recoverable oil . There are companies currently in profit and delivering reasonable pay loads from wells that had been classed as finished . Instead we are the beginning of the life of a resource with a successful drill delivering very good flow rates with little assistance . regardless of what people say facts are plain and easy to read .
SS buying more % of resource absolute perfect decision based on what he knows the reason he did a placing early shows and is clear he new already what he had after the port delivered early results above previous recorded flow rates. The well is now commercial and will have a reasonable revenue based on current oil price and cost associated . If the next layer is also commercial we have the possibility of a profit making . Which then becomes of interest to Majors as money can always be borrowed secured on profit making wells and the industry need s the ability to always do that . Therefore I believe a Takeover is very possible . not advice ,

Have worked hard here all week to no avail as price held up you can feel the desparation creeping in . Time for a nice big buy order to push the share up stand by. Close spread bets and shorts before we'd you have been warned. Not advice just what I think.

Great Post. You can see why shorters will be in trouble on commercial statement.

Going into the weekend if your short do not read ADVICE.
https://www.quora.com/What-are-some-of-the-greatest-short-squeezes-ever

It is a risky business when a company can withstand the attack and is close to a major up lift due to a good news event
this leads me to believe we will have a unique short squeeze senario a bit like a perfect storm large naked shorts not being able to close. the next few videos are very good at explaining how short selling works. not advice declaration of commercial should be within two weeks enjoy the ride.

https://www.youtube.com/watch?v=VNaPhtt6Rmo

Repeat just for the obvious trolls and activist who are short

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

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.
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.https://www.fca.org.uk/markets/short-selling/exemptions-requirements

some more same buyer?
13:18 - 13/09
Buy 1421868 2.11p £29,999.99
13:12 - 13/09
Buy 1224767 2.11p £25,781.35

Very Round buys II accumulating cheap shares ....

13:17 - 13/09
Buy 1656177 2.11p £34,999.99
13:18 - 13/09
Buy 1643192 2.13p £34,999.99

With all the disruption from possible criminals on the road, and the need for multiple tankers to enter exit it was very prudent to insure the site had adequate storage for the oil .Management are all over this and ahead of the game. very positive sign.👍well in production. The illegal activity plays into ukog hands and distracts from any issues that might have other wise got a fair hearing .

Swampies all sleeping after eviction lol

#Oil price update: $79.15

ChartMill
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@ChartMill
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$UKOG: Both the short term and long term trends are positive. This is a very positive sign. https://www.chartmill.com/analyze.php?utm_source=twitterEU&utm_medium=TA&utm_content=TA&utm_campaign=social_tracking#/UKOG.L?key=baa42f13-ce70-44b2-9d47-0178d4bea20b … #UKOilGasInvestments #LondonStockExchange #UKOG #Chartmill #TechnicalAnalysis

This is not going to move quick MMs have naked shorts to sort out between each other no rush ,but I do visualise a panic buying situation if SS surprises with an ahead of schedule RNS which could happen this week.T could create what is know as a short squeeze
A short squeeze is a situation in which a heavily shorted stock or commodity moves sharply higher, forcing more short sellers to close out their short positions and adding to the upward pressure on the stock.
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.

9:20 - 11/09
Buy 1000000 2.27p £22,699.00
08:49 - 11/09
Buy 1000000 2.22p £22,199.00
08:20 - 11/09
Buy 2666081 2.21p £58,987.04

Shorts closing IIs filling orders relax great RNS the aim is rotten come back in 7 days to 3p then onward nice slow rise is better the spikes, imo

Hold on team this one will not stop now ,imo