PYX Resources: Achieving volume and diversification milestones. Watch the video here.
Some rigs produce 20000 bopd every day & some produce into the 1000000 bopd with running costs of $25 a barrell to get out f the north sea....so when u only need @ 10 people onsite that live local & no expenses for transport them to site & food bills...UKOG do look good.
We are still getting oil out of ground & got more % of HHDL....
Just bought another 250K of shares...
U think Onshore drilling bad, I work in north sea & the company that owns the rig is getting rid of 33% of staff to try & look good for selling !!! as it nae making money....it was meant to be producing 20000 bopd but @ 6000 bopd....
imagine the cost of running platform with 100 people on board inc helicopter flights, food by boat etc...
Onshore a lot cheaper...GLA LTH
I just tried to buy 1M from Barclays & they want 11,5K
would of thought I cud of got it lower...
I am a LTH & have a few million shares in this, if it does get to the 1p (which i hope we start going up soon) i will buy another 1M but cant put that in my ISA as thats full !!!
GLA LTH's