Member Info for krull

Good bye 10p, Hello 11p, See you soon 12p

institutions are trading the stock. (auto spell checker at play)

Yes very strange, but for sure though, the MM's get up to all sorts of tricks hiding what are buys and what are sells.
It's what they do, don't forget they are professionals making a living. they don't want us PI's to be in the Know.

The good thing though, the share price keeps creeping up, that would suggest more of the volume is buying.
I'm actually impressed by how big a lot of the trades are compared to the M Cap, would suggest instructions are trading this stock, always a good sign.

should think a duster is already priced in, with the time it's taken! Would be surprised if bopd come out over 250

Steady progression accumulating funds is more interesting to me, over half the M cap to come in November.
How about double the M cap and some in funds by around this time next year! how could the share price still stay at current level, with no debt, and more money in the bank than the company is worth!

Morning oneandonly1, Yes technology has moved on, horizontal drilling can go a long way underground now, 9 miles or so!!! Very handy if the oil is under a town or a conservation area.

https://geology.com/articles/horizontal-drilling/

https://www.rosneft.com/press/news/item/188679/

RNS soon: From twitter, preparations started over the weekend for testing the next zone, won't take long before they start, When they do we should get an the RNS telling us so, also most likely we will be told the bopd numbers from the portland and that it is a commercial well, IMOP.

@DavidLenigas
Holmwood can be drilled horizontally from Brockham and or HH. That's why Brockham is so important.

Good post defender2, Europe is reliant/dependant on Russian gas, the lights would go out if they put sanctions on Russian energy. They can't sanction oil and say keep pumping the gas!

https://www.thenational.ae/business/energy/eu-even-more-dependent-on-russian-gas-1.695131

Mr 100k still accumulating, could get a TR1 soon, think a fund manager does not have to disclose under 5%

The 100k buys just keep coming, (and a few bigger) might have to have a top when new funds available.

Looks like DL has not sold his shares yet.
‏
@DavidLenigas
Following Following @DavidLenigas
More
Replying to @AdamSimmo73 @WealdOilers
I can’t wait. I can see IMHO @UKOG listed on AIM going through old highs of 11p as the Portland and Kimmeridge at HH really come to life. 👍😃☝️

Would say some tankers have been missed/not sighted, especially if they have been coming and going early morning or late evening. Don't think Eyes have been watching 24/7

We must be close to being done with the first zone by now, time is moving on and two more to do.

My guess, we will get a Monday morning RNS stating the Portland is commercial and moving on to the kim.
Anyone like to guess what they think the long term flow rate will be from the Portland. I'm going to say between 100/150 bopd

Have noticed a few times that trades here seem big, today quite a few were chunky. Think they were mostly buys as well. IMO something is going on behind the scenes that us PI's don't know about. Someone is in the know.

Must be getting close to being finished with the first zone by now! time is moving on. If we don't get an RNS declaring it's commercial soon I will eat my hat. Looking forward to the main event, the middle zone next

0.557 to buy 5m, 0.5428 for 1m

Meant drops to .51 for 6 mil, to sell 7 mil it's .5025

Can sell 5 million at 0.53 easy enough, drops to 0.51 for 5 mil

Window of opportunity starting to close, one or two more buys and peeps will need to pay over £1 to get in!

Buys seem quiet chunky here, relative to M cap, quite a few at 100k a pop. PI's with deep pockets? or a fund manager building a position?

Lots of buying, all showing as sells!