Member Info for ocelot

Volume's up to 150.7m from about 35m at 3pm.

Something seems to be happening this Friday afternoon.

that's 5 buys in the 7 millions.

Reversal of the usual pattern, the afternoon session is proving more active than this morning's.

From the RNS of 16/09:

... acquisition of the Phase 2 seismic programme over its Turkey Resan licence (UKOG 50% interest) has now been successfully completed and the field crew demobilised. The programme, consisting of four new 2D seismic lines over the possible updip western extent of the Basur-1 oil discovery and Prospect B to the south, was delivered ahead of schedule and under budget.

Once the seismic has been processed, final versions received in house, interpreted and a new top reservoir map made, the Company will provide a further update of the results. The Company will then focus firmly upon the delivery of a new Basur appraisal well, now anticipated to be able to add near-term oil production to the Company in H1 2023 ...

Brent up to $97.52, + $2.85.

French baseload power for January jumped as much as 24% on Friday.

Electricite de France SA cut its power-production outlook for the fourth time this year, dealing yet another blow to Europe’s energy system as winter approaches.

The nuclear giant dialed back its 2022 forecast, citing checks and repairs at its fleet of reactors and labor strikes that curbed production last month. The move puts further strain on energy supplies, not only in France but in neighboring countries, where costlier fossil-fueled power must be used to fill the gap ...

https://www.bloomberg.com/news/articles/2022-11-03/edf-makes-another-cut-to-nuclear-power-forecast-citing-repairs?sref=Em01M8Hr

Europe faces a shortage of natural gas in 2023 and could struggle to get even half the amount it needs next summer to refill storage sites, the International Energy Agency warned.

Next year’s supply gap could be as much as 30 billion cubic meters of gas if Russian pipeline flows halt and demand from China rebounds, the IEA said in a report Thursday. The agency repeated its call for measures to bring down gas demand in order to ease the energy crisis.

The outlook echoes industry concerns that next winter will be more challenging than this one because of the longer period with less gas from Russia, once Europe’s biggest supplier. So far, record imports of liquefied natural gas, lower demand and unusually mild autumn weather has kept inventories brimming and reduced the risks of shortages this winter.

But what helped Europe this year won’t be guaranteed in 2023, as Russian deliveries are likely to be much lower and competition from China for available LNG will increase ...

https://www.bloomberg.com/news/articles/2022-11-03/europe-faces-widening-natural-gas-shortfall-next-year-iea-says?cmpid=BBD110322_CEU&utm_medium=email&utm_source=newsletter&utm_term=221103&utm_campaign=closeeurope&sref=Em01M8Hr

Just above "Post Message".

Click on Filters button above, enter nickname, click on Filter Chat.

Yes, it is worse, but the simplest is for posters on advfn to filter him.

I filter not only him but also some of the posters on that site who engage with him by criticising him, leaving me with virtually nothing to read on that board.

Still no news, Angus were originally expecting the decision by 30/09.

A favourable decision would be very useful for UKOG, because Balcombe is a horizontal into the Kimmeridge which flowed at a very encouraging rate for a brief initial period.

Angus are seeking permission to conduct an extended well test.

https://acp.planninginspectorate.gov.uk/ViewCase.aspx?Caseid=3282246&CoID=0

My crystal ball indicates a much higher price in the months to come.

Saltfleetby is progressing at pace but there are other potential sources of share price growth in the near and medium terms:
Balcombe (if the appeal decision is favourable);
M&A;
arrival of City investors in the share capital (GL has indicated that a £100m market cap should act as a trigger for this);
...

If traders are advised to get out on the spike, it's quite important the suggestion is made that they buy in first.

Thank you for this and the link.

The trading in this share has become split in two, between an active morning session and an inactive afternoon session.

It's as if everybody goes down to the pub at lunchtime and calls it a day at that point.

The number outstanding is reducing at pace:
yesterday, in the answer to an Investor Question: 79,303,236
today: 42,703,372

It's not a new application, they are re-submitting an existing application.

Good volume so far this session: 215.0m.

Is the City coming aboard?