Member Info for Ninetails

I am a bit confused as to what this TR1 actually means for ukog?

secretblueprint … what an excellent and fair minded post…

Forget fracking or anything else we are going on a wild Turkey chase, we have raised for it enough times…

Previously stated from SS on drill or drop Shale found at the Horse Hill well in Surrey is a world class source rock for oil, according to the new chief executive of the UK Oil and Gas, the company behind the operation. The company frequently said Horse Hill was a conventional well and yesterday Steve Sanderson said it would not be fracked. He said the oil could be extracted from the limestone, which was naturally fractured already

From the man himself. SS Interview with the New Statesman The advantage of the limestones beneath the Weald, says Sanderson, is that “they’re naturally fractured,” meaning expensive and highly controversial fracking is not required. “It all results from the Horse Hill well. That was the first well drilled with modern data acquisition and analysis techniques. I looked at the data from it, and it didn’t fit with the existing model in the Weald, which stated that this Kimmeridge shale rock wasn’t ever buried deep enough to have generated significant volumes of oil. The Horse Hill well showed that to be incorrect. With that information I came to the conclusion that the Kimmeridge limestone is a viable target, the fractures are already there, and that there could well be a very decent prize in that. The rate that we got out was beyond my wildest expectation.

Sarah Finch is a deluded activist with links to XR rebellion, and hopefully she will get put in her place, and never be heard of again…

Sorry if I appeared rude northfork, you are one of the more reasonable posters on here, but the buys and sells figures don’t really mean that much…

You should have went to a better uni, the shares bought and the shares sold is not accurate…

Not easy to buy? Are you having a laugh? They can hardly give them away…

What a sham, I see ujo heading north again, maybe that’s because they are actually producing some oil…

Wow at-last I agree with Pboo

@Ninetails - surely forward selling would cause price to drop not rise? Yes and is that not what has happened?

· The Placing raised £3.0m (before expenses) through the issue of 3,428,571,425 Placing Shares at the Placing Price.
Is that’s why the sp went up for no apparent reason, forward selling of placing shares?

Placing inbound oops new 52 week low imminent, forget fracking we are going to Turkey

Stockraiser I think it’s you that can’t see the big picture, ukog have nothing to frack, I believe they will win all their appeals, but what then, they still have no fracking assets, so let’s just frack something for fun, you get a grip man and stop making up fairytales…

If fracking means so much to many posters on here, it’s not for me to say but do you not think you should be considering investing in oil companies that have frackable assets with the intent to try and give it a go? Instead of languishing here where even the CEO has stated it won’t work?

That’s fantastic for oilers that have frackable assets. Ujo being one but it’s a very long way away… However, the figures also warned that Ms Truss’ plan to get gas supplies flowing within six months might be ambitious.

The analysis found that shale gas production would start slowly in 2026, before accelerating and becoming one of the UK's main energy supplies.

The controversial energy extraction process was banned in 2019 after scientific analysis exposed the risk of seismic activity from the practice.

Jan I work in the offshore oil and gas industry, and have had many casual conversations with the people in the know, and on the whole they say that the geology overall in the uk doesn’t support fracking, would you like me to come on here and tell lies and say that fracking will be great for ukog and be the saviour of the uk energy crisis???

Maybe this explains it better… Comments from ZYX098 an oil man that knows what he is talking about…HH-2z was shut in because it encountered natural fractures.??Those natural fractures are producing water.??Very, very difficult to fracture a formation that already is naturally fractured (like trying to fill a bucket which is full of holes).??And why try when you already know that those fractures will preferentially produce water?

Jan you can’t have it both ways, SS is a geologist and he has stated the geology is already fractured, we believe this to be true as the water ingress at HH proves …