Member Info for ocelot

Re Loxley, Angus has spoken of it recently as an "attractive asset".

Some posters have spoken of Igas as being a potential farminee candidate.

Bu, imho, the truth is that, with the price of natural gas where it is and given the potential size of the Loxley field, a range of players could be attracted by a Loxley farm-in, including some quite large ones.

Re the possibility of an HH farm-out:

this came from George Frangeskides of Alba's Q&A on v o x markets (eliminate the spaces) of this Monday, (so it comes from Alba, not UKOG).

GF speaks of HH from 17:03, speaks of need for more vertical wells and possibility of a farm-out from about 18:00:

https://www.**********.co.uk/articles/q-a-with-alba-mineral-resources-executive-chairman-george-frangeskides-9a28054/

ells_valexpert,

I've had Skwizz on filter for a long time and added Ninetails a couple of months ago.

I've not put Ibug on filter so far because, on occasions, he provides useful information and because he informs me of what the deramping crew are saying.

Ibug, if you want to ask questions to the board knowing the board can't answer them, that is, of course, your choice.

You will need to ask them that one, Ibug, nobody on this board can help you.

The SoS granted UKOG's appeal on 07/06.

UKOG is now seeking to implement its pre-planned farm-out programme.

or half a decade even.

You can post whatever you want, Ibug (provided you respect lse's rules).

ocelot
Only saying what I see ...
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So where did you see anything "about ALBA commissioning a study on HH"? (your post of 07:13).

Ibug,

If you are employing sarcasm, say so ("I am being sarcastic", in brackets, will do).

Otherwise, it just gives the impression of being your excuse when something you say backfires.

With the share price close to its all-time low, you're coming across as pretty desperate this morning, Ibug.

Are you concerned a double, triple or whatever number of bottoms is being established?

Recently, Alba has been consistently more bullish about HH's prospects than UKOG.

Hence, presumably, George Frangeskides mentioning the possibility of a farm-in at HH in the Q&A of this Monday.

YOUR point, not "our" point

ocelot
You missed the point. I'm talking about ALBA commissioning a study on HH and releasing the results which may tell a different story to the one that UKOG have been telling us.
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No wonder I missed our point, Ibug, you didn't mention it.

Where did you read about that?

George Frangeskides made no mention of commissioning a study of HH in Alba's Q&A of this Monday.

It DID happen here on Monday, UJO was simply following UKOG's example.

It's an unforgiving market, any failure to meet expectations is punished.

The information will be in the last annual report, which will then need to be adjusted for relevant RNSs since.

But don't CFD brokers hedge their positions in the market?

rattle

No, I don't.

Yesterday's placing was undertaken about 2 months earlier than UKOG had suggested: let's hope, as some have suggested, it means preparations for Basur-Resan are progressing at pace.