Member Info for nomlungu

The figures are from the RNS released 15 Jan. I look for what is not said in an RNS; if October uptime was 37% and November uptime was 85% then December extrapolates as 49% to get to the 57% average. That appears a rapid drop in uptime after the intervention.

But it is all guesstimating as shareholders are only provided what is in the RNS and reports from site watchers.

https://www.lse.co.uk/rns/UKOG/horse-hill-oil-field-update-1cmj50eu8etdxsk.html

C7,

So many workers in your flat - what happened to shielding?

Ninetails,

92 days*0.57=52.44 operating days to produce 7045 barrels of oil. Average 130 barrels per operating day or 77 barrels a day if you expect the same percentage of downtime.

Despite the planned October and November downtime for the Horse Hill-1 ("HH-1") intervention, the total Portland oil production for the first quarter of UKOG's 2020/21 financial year to December 2020 was 7,045 bbl. The average production uptime was 57% over the period and ranged from 37% during October's main HH-1 intervention period, to 85% in November, post-intervention.

Westh1,

I am not sure if you should place much trust in what people write on anonymous bulletin boards, especially about their holdings, buy and sell statements and prices etc. My supermodel wife would agree if she was here, but she is busy washing my yacht and I want the Ferrari cleaned when she is finished.

"100s of millions in net present value, not 10s"

Does that mean SS will be paid millions instead of hundreds of thousands?

mick-b,

Yes, I did add it; remember, Doris rules from TEN Downing Street...

https://www.abbreviations.com/term/2289461

The English Nationalists = TEN

https://fullfact.org/online/EU-dredging-floods/

It is amazing how fast the gaps in "na to ure" can be filled and the phrase turned into 'nature'.

Maybe we should all just smile and sing The Happy Fish song [by the Double-Barrelled Tories] whilst thanking Doris and his TEN friends for all they have done for themselves.

That is good news? Whilst we get poorer our biggest trading partner will also get poorer? Are you shorting bank shares?

Maybe a decade of under-investment by the Tories might have something to do with it? Or maybe the Tories allowing / encouraging house buildings on flood plains?

But let's just blame building Wind Turbines - no point in wanting to hold politicians to account, especially by those who voted them in?

This cannot be good for the banking sector: "City’s hopes for equivalence vanish as Brexit optimists ‘living in dreamland’"

https://www.shareandstocks.com/citys-hopes-for-equivalence-vanish-as-brexit-optimists-living-in-dreamland/

Well done Doris and your TEN friends

This is not good - one dam collapsing will flood downstream potentially overwhelming further dams downstream and so on... There were concerns last year about dams on the Yangtze River.

"Water Warning: The Looming Threat of the World’s Aging Dams. Tens of thousands of large dams across the globe are reaching the end of their expected lifespans, leading to a dramatic rise in failures and collapses, a new UN study finds. These deteriorating structures pose a serious threat to hundreds of millions of people living downstream."

https://e360.yale.edu/features/water-warning-the-looming-threat-of-the-worlds-aging-dams

No wolves in London; plenty feral kids though. Nothing wrong with putting the fear of God into them either...

Fear pheromones; cruel but effective as a deterrence. When mankind takes over an apex predators land the predator needs to be scared of mankind; torturing one that is captured will result in lots of fear pheromones being released which will ward off others.

The article is in the FT - AZ has confirmed this, but they do believe that the vaccine may work against severe disease. If you search the subject line the story will probably be elsewhere later this evening by a site that just cribs from the FT.

kenny,

Many hunters are trying to protect their livestock - a bit of money from the hides, free meat for their guard dogs [dogs metabolism means they need lean meat which will come from a predator and is unsuitable for human consumption] and less predation of livestock.

All 3 add up; the fur is not everything.

I see other significant liabilities; UKOG have committed to spending $5m on the first well in Turkey and the seismology. And, UKOG are currently a loss making company - if they do not raise funds to pay for the ongoing losses and Turkish gambit where will UKOG be? Quite possibly going through insolvency?

And history indicates that the money required will come through dilution, possibly at ongoing discounts.

Surely Scancell would prefer to see investments in the manufacture of polymerases required to make lipid nanoparticles (LNP)? LNPs are needed for SCIB1 which is used in Covidity but global supplies are being cornered by Moderna and Pfizer for their vaccines.