Member Info for kempey

Any idea who held the warrants? Insignificant sum in the scale of things but I wonder why they were exercised now? Good time to be holding shares now imo! Expecting a significant rise and then have the shares to sell int that rise may be the reason. The share should rise as we go to the Kimmeridge levels and again if we get more out of the Portland on the EWT. They must already have a good idea of what they are going to announce shortly so what better than to have shares to sell.

I would also say buy on trade price but trade volume has not increased and I do not have a answer for that!

Yes thanks for finding and posting Chris. I hope Congressman Russell's demands are not too black and white. We do not want this backfiring on FRR and the Georgian government taking a more manipulative and draconian stance. I note Trumps sanctions on Turkey look set to backfire on the USA and possibly the West with Erganon saying if Trump goes ahead Turkey will seek new allies I.e. Russia. Can't see Geogia going back to Russian control but parts of Georgia still see themselves as Russian and Russia would dearly love an issue to develop between Georgia and the USA.

I agree with JTT. Oil was expected to flow and it has done so no increase in shareprice as it's factored in. UKOG as a company is very young and although they have re-registered as a production company they really are no more than an exploration company trying to prove up a concept. This takes time. The problem for many is that they hope to make a quick 100,200,300% within a year and it's unlikely to happen so quickly unless a major moves in and I doubt the asset is big enough to interest them. A bank will offer 1,2 perhaps 3% so anything over that is a bonus imo. I speak as a lth with a fairly large holding but do not expect to see large gains for at least 2 years. The gains may not be large unless the ewt at HH shows significant commerciality. Should be better than a bank though but still a risk!!

We all like to buy low and sell high. The problem with spikes or rapid price increases is knowing when it has reached the top and then when it has fallen to a bottom. I was successful last year at buying very, very low but bought another tranch at 5.75 thinking the fall from 10p was overdone. How wrong I was. Fortunately my first tranche was the largest amount so I am still up. It is very difficult to predict. All one can do is research well and not risk more than you can afford to lose. After that unless you are the on-site drilling analyst it is in the lap of the gods especially with AIM oil and gas exploration companies.

43 trades - pathetic. Most Lt PI's are loaded up and do not want more. The rest are day or short-term traders who want to make 5-10% and out and have not had the opportunity to do so in the last week or so. Hence the negativity. Understandable I guess but if you are for a longer term and hope to make a life changing amount then you have to take the temporary gains and losses along the way

Shedulike... can we confirm those trades of 5 million were sells. No one else got 0.295 for a sell at that time and I can't see the MM's offering more for larger amounts. Usually works the other way in my experience. The computer is confused hence the black and not red print. Equally as I said earlier 27 million sells is pitifully small against the number of shares in circulation. Some PI's on here hold more than that alone.

why does someone buy 289 shares at a cost of £5.20 I ask myself. Mistake possibly. The trading fee would be more than that.

Stesaxman... we don't know whats happening in the background. For my money Frr are just proving up the field for a JV or even full sale hence the EWT and the gaining of data for potentially the whole field. The politics in Georgia are also complex and there may be good reason to play this find down. I do feel that Zaza is cautious/ measured in what he says even though he sounds very confident in his interviews and presentations. For me thats understandable when operating in this part of the world.

Most of the sells are small and 88m traded against 5.2 billion shares in circulation is a tiny volume. Most PI's here are in for a quick buck IMO and panic if they see the price dropping, probably manipulated by the MM's who know this will happen if the day is full of small traders. I thought the well test was over 90 days so why we expect tankers morning, night and day I do not know.

Most of the trades are small and for less than £1000. and in the scale of things 27m sells if they are all sells is pitifully small given the number of shares in circulation. Many PI's on here have that many each. This share is now ticking over until news and most PI's are fully loaded so do not want to buy more at this point in time. Zaza seems confident and if my memory serves me right he bought over a million pounds worth at .44 earlier this year. He may be wealthy but you don't throw money away.

Scandic....it would give us 10% of Brockham. I don't think we have any interest as yet in Brockham and yet it is only a mile or so from HH and awaiting a production Licence having found oil. DL says it is potential bigger than HH not that I believe him but never the less I expect the oil to be of a similar quality and quantity to HH. Makes sense to me that UKOG buys DOR if thats whats on offer!!

Got to be tomorrow or Monday given DOR are about to announce something off the back of the HH drill and I think are suspended on the Aussie SE pending the announcement!! UKOG to buyout DOR IMO.

You can make money out of DL's companies if you sell on the spikes that follow his hypes. I have done on a number of occasions but I feel with the Weald oil he has a belief in the extent of it and the potential it has. I maybe wrong but with UKOG I am in for the long haul as I find it an interesting project geologically and I have faith in SS who heads UKOG. I'm surprised at the gas find as the British Geological Society state that the layers are not mature enough to support commercial gas. Having said that we don't know if it is commercial just DL saying there is lots of it!! I was reading the latest geological analysis by the BGS last night and it is interesting that they are updating their research reports from the findings of the oil drilling that is going on in the Weald so even they are unsure of what is down there and in what quantity and are updating as we go along..

Fair point but the first few drills with EWT's etc are always going to take time. Once they have successfully drilled into the oil field and worked out the most efficient way of bringing the oil to surface (amount of fracking etc) the pace can pick up because they have learnt all they need to know from the first drills and EWT's. Finance can come from oil sales which being onshore is very profitable. I too would have liked to see a successful UD2 but I doubt I would have sold as this company could well be extremely profitable within the next 36 months. Given I have been here for 6 years already, 36 months is minimal.

The only people who are really p....ed off today are the short term traders, those who would have been out after 10/20% profit. LTH's may have been disappointed by the gas problem but the oil is looking good and will pay for the redrill of UD2. 1000 bpd per well with 50-200 wells and FRR are home and dry. Redrill UD2 with all the modern technology and the sky's the limit. The gas is there but needs clean wells to extract it.

What SS sell out to DOR? Reverse TO!!!

You could be offered 1 UKOG share for every 10,20,etc DOR shares you hold. Depends on the relative value. I don't know what DOR shares are worth at the moment.

Forest.....depends what you bought in at and what they sell out for. Could be a one-off dividend payout or DOR buy into another project or investment.

What is the market cap of DOR?