Member Info for ocelot

Tony-with-a-lot-of-numbers-afterwards posted at 15:24 to complain his previous post had been removed.

His post of 15:24 has been removed, too!

The comment ‘twice as big’ is linked to the potential for growing the company through 2020 and beyond, doubling the size of the company through disciplined capital allocation and growth.
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Growth of what, if not oil production?

Watch the COO, Bill Higgs's recent interview with Malcy.

Almost at the end, he is asked where he thinks UKOG will be in 12-18 months' time:

double the size, he answered.

Extracted from the end of this article:

Genel's plans on hold

Stalled Turkish-KRG energy diplomacy has left London-listed Genel Energy sitting on its Miran and Bina Bawi fields for several years.

Last January, Genel upped contingent gas resource estimates at the two fields by over 40pc, to 14.8tr ft3, and there is oil at Bina Bawi to help kick-start an initial drilling programme.

Genel is keen to start tapping light oil from Bina Bawi; but the KRG is not rushing to approve field development plans, and Genel will not invest before the midstream is sorted. Contaminants — particularly sulphur — in Miran and Bina Bawi gas will require a shared processing plant and about 100km (62 miles) of sour-gas pipeline spurs, a $2-3bn project that needs to be finalised before Genel can get drilling.

So far, the anticipated Turkish investment has not materialised, and while Rosneft now has the initiative, it remains to be seen if it will stump up for the plant, or whether the economics will actually work. Having previously talked up investment interest, Genel had no news in its January 2019 operations update, and appears set to write down the booked value of the Miran gasfield, reflecting delays to the project.

https://www.petroleum-economist.com/articles/upstream/exploration-production/2019/russia-aids-kurdistan-gas-boost

2 x 270k at 205.00p at 14:26+

1.266m shares traded so far.

that Rudaw's reporter, Shifa Gardi, was killed by a roadside bomb as she investigated a mass grave in Mosul.

I can remember being shocked at the time - I had just been reading what was to be her last report.

May she rest in peace.

The trouble is evefytimr we get a half descent Rns the share price goes down
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gell, what we need is a full ascent RNS :-)

ERBIL — The leadership of Kurdistan Democratic Party (KDP) and Patriotic Union of Kurdistan (PUK) are expected to meet next week as their recent political tensions are being resolved...

http://www.basnews.com/index.php/en/news/kurdistan/503734

Think it's a good thing there are less posts now, means expectations have lowered and there is greater upside potential in the event of positive news.

The trouble with active PI stocks is that they attract the attention of those who believe they can induce PIs to panic and make money when the share price subsequently drops!

Stockbuster 211
bunks 212
tiger100 214
withoutt 215
Rangor 220
Broadland 225
ocelot 230
Tartine 236

6+1 = 6? No, 6+1 = 7

Stockbuster 211
bunks 212
tiger100 214
withoutt 215
Rangor 220
Broadland 225
ocelot 230

We all will, I suspect, but it's not for next week, going by these forecasts!

bunks 212
tiger100 214
withoutt 215
Rangor 220
Broadland 225
ocelot 230

bunks 212
withoutt 215
ocelot 230

The closing price of 206 is exactly half-way between Stockbuster's forecast of 205 and Bunks's of 207 - congratulations to both of you!

Couldn't agree more, it's what UKOG is in business for, the $ sign!

A big zig rig hidden behind a twig?

Zig?

6% of HHDL bought for £2.1m.

On the same basis, Alba's 18.1% = £6.34m.

With a market cap of £8.8m, the rest of Alba is valued at £2.46m.

Doesn't look overwhelmingly generous!

After consolidation, the board normally moves on to options and earthquakes, not necessarily in that order.

Volume of just 10.9m shares so far, a rather quiet day in the making.

GF comes across well - there's a lot going on and a lot planned for the coming months.