Member Info for nhawan

The fact is that those who post on twitter cannot be stationed at the site 24/7 so it is likely that tankers could go in and out without being seen. I'm not sure how much on site storage they use before calling a tanker but there is a possibility of 3+ tankers per day when the Kimmeridge is tested.

Yes nothing to see here but tankers.

https://twitter.com/Adrianwfire/status/1021383667833360384

"The fool on the hill
‏ @Adrianwfire
20m20 minutes ago

Yes . It could have been shut in on a 48 hours pressure test. The pump is now working and smoke coming from the flare stack and heat from the oil heater stack.
1 reply . 0 retweets 0 likes"

can sell a decent amount so someone willing to buy whatever is sold.

There's been no update on twitter so people getting jittery. Some update is needed to calm the waters.

The MC will be much higher once commercial since it will be a takeover target. With all it's assets if UKOG was sold for only £1B then it would be an sp of 20p.

For a Friday afternoon the sp is not doing too badly at all. We always get some traders closing their positions. Next week should see another test of 2.7p, especially if we see more tankers over the weekend.

we should see more tankers over the weekend. I wonder if they will release an RNS Monday about any sustained flow rate or pressure numbers.

We don't need news to actually know what's happening. The daily tanker sightings are enough to tell us that the well is flowing and will be declared commercial.

The sp usually reflects future potential so if HH is declared commercial (looking very likely) then the sp should move higher since UKOG will then go into full production with more wells drilled.

They will then become potential takeover targets and I'm sure the company with all it's assets is worth a lot more than the current MCap. Even at 1B MCap the sp would be 20p.

We are going to see these daily. SP can't be supressed for long surely. The natural flow rate even without a pump is far better than the likes of Lidsey.
With a horizontal well, flow rate would be pushing over 1000 bopd easy from just the Portland zone.

The natural flow of 228 bopd is pretty amazing considering other wells such as Lidsey are barely pumping 50 bopd.

https://hotcopper.com.au/documentdownload?id=uOMxKKzFkiWRTLKhOROKAxjvSDYL4we%2BzRL3v%2FN27bFiGug%3D

This is interesting..

"Several periods of sustained natural flow (i.e. flow to surface without pumping) have also been observed over the past few days, with the most productive period producing an implied daily dry oil rate of 228 bopd over a two-hour period."

A very good natural flow rate without pumping.

https://twitter.com/WealdOilers/status/1019963682053328896

The last RNS did say it will test at various speeds. Tankers will be a regular feature from tomorrow. Every tanker is money in the bank.

The oil will start pumping again today so bounce should be bigger as we see more tankers over the weekend or next week. Every tanker is more money in the bank.

The charts say this at a point where it sould bounce. There is no negative news so selling overdone.

Are they selling their share to UKOG? They wouldn't stop trading if it was just an EWT update.

MM's tried the early doors drop but not sellers. This looks like it's going for another test of 2.6p

Why do people value a company based on one asset only?
UKOG own more than just HH.

https://www.share-talk.com/share-news/stephen-sanderson-ukogs-executive-chairman-and-chief-executive-interview/?utm_source=twitter&utm_medium=social&utm_campaign=SocialWarfare

Interview is up