Member Info for ocelot

will do more than Cop26 for drive to net zero".

It's the title of an article on p9 of this morning's Sunday Times. Some quotations:

"It is becoming clear the energy crisis is not a blip ... Simon Cran-McGreehin, head of analysis at the Energy and Intelligence Unit, said: "Even if the war ended tomorrow it will take years to unpick all the damage done to supply chains in the energy and other sectors".

Tom Edwards, a senior analyst at the energy market consultancy Cornwall Insight, said that prices may peak this year or next, but are likely to stay high until at least the end of the decade. "We will not get back down to the pre-crisis levels until to 2030s or even 2040s", he said.

(Michele) DellaVigna (an analyst at Goldman Sachs) believes the crisis ... will last for at least 5 to 10 years. "Globally we spent $1.5 trillion (on energy) in 2014. And that number came down to below $1 trillion in 2020. We think we need to spend at least between $1.5 and $2 trillion if we want to have a well functioning, decarbonising energy system that can provide energy for a growing world population".

Still a well-followed stock, ...
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Somewhat ironically, the continuing presence of negative posters is evidence of this.

Also note in Citywire's round-up of the morning papers:

The Daily Telegraph: Natural gas is to be classed as a ‘green’ investment by Kwasi Kwarteng as the Government scrambles to increase North Sea production in a move that risks inflaming tensions with climate campaigners.

The government is reportedly intent on classifying natural gas as a “green” option for investors in the face of protest by environmental campaigners ...

... Mr Kwarteng tweeted: “Shout and scream all you like, but I’m not going to put Britain’s energy security at risk by shutting off domestic oil and gas production. We will need oil and gas for decades to come.

“Either we source more of what we need from the North Sea, or import more from abroad.” ...

https://www.independent.co.uk/news/uk/politics/kwasi-kwarteng-natural-gas-green-classification-b2078845.html

In fact, this is basic stuff: those of a negative mindset who wish to trade should include the criterion of ease to short in selecting the stocks they follow.

Those who wish to get a short should find a stock that can be shorted without difficulty, ie. in all likelihood, a bigger stock with a good institutional base.
It's the reason most negative opinions are expressed by posters with no financial interest in UKOG, they are following a stock they are unable to short.

For hedged prices and volumes, see p49 of the revised CPR of 26/10/21:

https://www.angusenergy.co.uk/wp-content/uploads/2021/10/Angus-Energy-Saltfleetby-Reserves-Valuation-Report.pdf

Over the 6 sessions ending yesterday, about 7.156bn shares were traded, ie about 44% of all issued shares.

This should mean that the technical situation of the share has become very healthy, those seeking to exit on a short-term rise in the price having already done so.

https://www.barchart.com/stocks/quotes/UKOG.LN/opinion

For Saltfleetby, there are the cash flow forecasts contained in the revised CPR of 26/10/21

https://www.angusenergy.co.uk/wp-content/uploads/2021/10/Angus-Energy-Saltfleetby-Reserves-Valuation-Report.pdf

... the joint venture is considering the merits and potential cost savings of drilling the simpler R-6 before the more complex B-3S. The Company awaits the operator's drilling cost comparisons, expected timings and final recommendations in this respect before confirming its position. (RNS of 20/04).

The Loxley appeal decision is due on or before Tuesday, 07/06, ie within the next 4 weeks.

Looks as if news on both may be arriving close together.

https://www.londonstockexchange.com/news-article/ALBA/horse-hill-update/15451395

re the Kimmeridge, a reminder that Angus's Balcombe appeal is currently with the inspector.
This is to obtain permission for an ewt of its horizontal drill into the Kimmeridge.

One-year work programme extension on PEDL137 Horse Hill

UK Oil & Gas PLC (London AIM: UKOG) is pleased to announce that the North Sea Transition Authority (formerly the Oil and Gas Authority) has granted a one-year extension to the agreed Retention Area work programme of the Company's operated PEDL137 licence (UKOG 85.635%) containing the producing Horse Hill oil field and its underlying Kimmeridge oil pool.

The extension grants an additional year in which to drill a second Horse Hill Kimmeridge well, with the commencement of drilling to be prior to 30(th) September 2023.

Despite the doom and gloom mongers death cries there has been no placing.
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That is incontrovertible, wizard.

I am not counted amongst the "doom and gloom mongers" but I was about 4 months out in my forecast timing of the last placing, the doom and gloom mongers themselves being even further away from any semblance of accuracy.

How many months out are they this time with their predictions?

1/ ... to encourage new possibly inexperienced investors in to ukog is shady to say the least ...
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I express my opinions, Ninetails. My opinions can be wrong, as can the opinions of anybody - none of us can claim to be infallible. It is for everybody to form their own opinions.

2/ ... I don’t believe anything SS says or indeed anything positive about this lifestyle company, ...
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I've no problem with that, you are entitled to your opinion just as I am to mine (although I do find the expression "lifestyle company" to be a cliche).

Not sure your approach is sound.

How do you propose to set your mind at rest on that one?

Following my post of 15:08, Summer 26 is now showing a price of 92.00p

https://www.theice.com/products/910/UK-Natural-Gas-Futures/data?marketId=6164519

... and fundamentals can change without the market immediately recognising that they are changing.