Member Info for ocelot

UKOG need to get there share price up otherwise they are vulnerable to interest from an opportunistic player in the O & G space.

GAS REVENUES: CPR’s calculated 2C NPV10s result from RPS’s production forecasts that are calculated to generate potential pre-tax revenues of £576.6 million gross and £418.6 million net to UKOG, respectively, over 10-year field life.

LOXLEY NEWS: RPS CPR demonstrates that Loxley’s estimated 2C NPV10 present values are 6-9 times UKOG’s market cap as of yesterday’s market close, illustrating its material potential value to the Company and shareholders

More tweets (amongst others):

LOXLEY CPR UPDATE: Potential 2C case net cash flows in Appendix C demonstrate that payback of development capex is likely to be within first year of production at the projected flow rates. This makes the development suited to normal oil & gas debt funding.

LOXLEY CPR UPDATE: Potential 2C case net cash flows in Appendix C demonstrate that payback of development capex is likely to be within first year of production at the projected flow rates. This makes the development suited to normal oil & gas debt funding.

The directors believe that UKOG will be able to offset a significant portion of the CPR's calculated Corporation, Supplementary Charge and Energy Profits Levy taxes against prior UK onshore sunk costs and future investments, further improving the Company's net revenue from any future Loxley production.

Could be an important factor.

Mind you, the trade price would be more satisfying still if it was 0.56789p!

If the market cap is 10 and the market considers it should be closer to 50, the share price will rise, no matter how many shares have been issued.

... at a price, he's got a net present value of £124m to play with.

Satisfying trade price: 0.12345p!

The CPR is on UKOG's home page:

https://www.ukogplc.com/ul/Loxley%20PEDL%20234%20CPR%20Release%20210223.pdf

Yes, Mullins, the opening up of a new source of funding.

... UKOG can now plan to fund a future development via normal conventional oil and gas debt funding. The option of a farmout, where UKOG's costs are carried by a new partner, remains a further viable funding option ...

RPS Energy Consultants ("RPS") completes Competent Person's Report ("CPR") illustrating the potential economic value of UKOG's Loxley Gas discovery, located 9 miles south of Guildford in Surrey.

-- Up to GBP124 million net UKOG mid-case 2C post-tax net present value (at 10% discount rate).
-- 31.0 billion cubic feet 2C Contingent Resources within UKOG's 100% owned PEDL234 licence
-- Planning and environmental consents in place for Loxley-1 appraisal campaign ...

Just for information purposes, given that UKOG is a founding member:

https://www.geothermal-advancement.com/

Extract from the article below:

Shell Plc this week forecast a growing gas-supply deficit for Europe for the remainder of the decade. Repsol SA said higher prices may be structural in nature, due to obstacles to production.

https://www.bloomberg.com/graphics/2023-europe-energy-crisis-updates-gas-prices/?srnd=premium-europe&sref=Em01M8Hr

THEIR range of projects, not "they".

A share price of 0.30p equals a market cap of about £50m and provides them with the ability to raise funds to finance more adequately they range of projects and grow the company further.

0.30p offers significant upside potential on the present price and is , imho, not unreasonable, given UKOG is the kind of stock that can rise very quickly indeed on occasions.

That will be a forecast that hasn't been updated in years (unfortunately).

On the FOMO theme, there is another article, this time in the Sunday Times business section pp2-3, showing the underperformance of London vis-a-vis rival markets of these last many years.

The article is entitled: "Does the FTSE have its mojo back?".

Its graph of "total returns of major indices compared" is entitled "Lost Decade".

UKOG's market cap is currently only about £10m.

It would take very little new money coming in on FOMO to raise the share price considerably higher.