Member Info for nhawan

Remember that Loxley is a gas field which is always in demand and an onshore resource will become more important in the future. It will be totally unreasonable if the SCC refuse it again and would easily be overturned on appeal.

There is no way the SCC would waste time holding another planning meeting for Loxley if they result was going to be a refusal like before. They know they messed it up last time and were essentialy forced to look at it again.

Well if the SCC refuse this time then they will be taken to court and most likely have to pay compensation for the refusal and delays.

Does that tweet show a pic from the driving seat of a tanker?

"Lucky u in just leaving a hill! But then again I am a “prick” x call me x @N33BKP"

And what does thhe cryptic message mean?

Lol the only thing ebbing away is the entry price for those who are sitting on the fence. You have got to be in it to win it.
Do you think anyone cares if it only reaches 0.5p? It's still nearly a triple bagger from here....

It would be crazy to sell just before the Loxley decision. This is a re-run because the council knows the scrwed up. I can see it hitting the 0.5p range like it did last time and shooting past that once Loxley is approved. Would they council really risk paying out a huge fine if it goes to appeal?

What on earth! All the deranged fascists want her in charge.

This will close over 0.18p I reckon. The court hearing could be a sp booster and then the Loxley meeting next week should also be a major positive.

The sp wil be pushing higher by next week. With the Loxley meeting imminent I expect many to jump in for the ride. Those waiting for a lower entry will be disappointed.

There will be many who want in for the upcoming Loxley re-run meeting. Can see this shooting past 0.20p next week or two.

Whoever bought the 80m shares is obviously confident or knows something good is coming.
The derampers are getting worried. Perhaps buy in before it starts moving up again since there is no willingness to sell at this all time low level.

I got in on the dip since we are expecting a positive outcome from the reperforation of the Portland layer. MM's soaked up some shares today ready fora ramp up.

Looks like Turkey could be the saviour of UKOG. The beaurocracy will not be a hinderence like it is in the UK so chances are that production could be within a year if all goes well during the appraisal. The oil has already been found there so it's a lower risk drill.

Seems we have hit the bottom imo. No one appears to be willing to sell anything. Can anyone get a buy quote at all?

Even if SS got £150K that's far too much for the work he has done in terms of shareholder value. At the moment he owes investors money rather than the other way around. The guy is taking a wage that is on par with a big oilies yet all he has done is run it to the ground and lost millions of investor money. Any serious company and he would have been sacked a long time ago.

I would not put it past SS to put Turkey forward as a carrot to suck in more pi's and then to let the deal fail once funding is secured. When some might be thinking the sp can't go any lower, UKOG always proves us wrong.

mannnan, Not sure it's wise to get in just yet since I doubt they have riased enough to actually perform the drilling. The initial placing barely covers the siesmics and SS's and crews salaries.
I was expecting a placing for around £4m but I suspect no one in their right mind would give them that much cash in return for almost worthless shares.

I suspect the RNS was an attempt to pump up the sp in preparation for a placing. The Turkey venture is scheduled kick off before end of the year. It requires funding which they don't have yet so dilution is coming

Is the kimmeridge dead then? They've quitely brushed that one under the carpet it seems.

They always put up a few cranes before the imminent placing. Pump it up a bit and then slam down the pi's is their routine..