Member Info for ocelot

They've certainly chosen a part of the world where there are discoveries still to be made.

2 trades, for a total value of £33 - pre-Christmas trading is with us!

Saudi Arabia said global oil production could drop 30% by the end of the decade due to falling investment in fossil fuels.

“We’re heading toward a phase that could be dangerous if there’s not enough spending on energy,” Oil Minister Abdulaziz bin Salman said in Riyadh. The result could be an “energy crisis,” he said.

The minister said daily oil output may fall by 30 million barrels by 2030. He urged energy companies and investors to ignore “scary messages” about oil and gas.

Prince Abdulaziz’s comments came shortly after the Saudi finance minister made a similar warning.

Their views differ from what most climate activists say is necessary to slow the warming of the planet. The International Energy Agency, which advises rich countries, has called for the cessation of new investment in fossil fuels if the world is to neutralize carbon emissions by 2050...

https://www.bloomberg.com/news/articles/2021-12-13/saudi-oil-minister-says-global-output-may-plunge-this-decade?sref=Em01M8Hr

Saudi Arabia said global oil production could drop 30% by the end of the decade due to falling investment in fossil fuels.

“We’re heading toward a phase that could be dangerous if there’s not enough spending on energy,” Oil Minister Abdulaziz bin Salman said in Riyadh. The result could be an “energy crisis,” he said.

The minister said daily oil output may fall by 30 million barrels by 2030. He urged energy companies and investors to ignore “scary messages” about oil and gas.

Prince Abdulaziz’s comments came shortly after the Saudi finance minister made a similar warning.

Their views differ from what most climate activists say is necessary to slow the warming of the planet. The International Energy Agency, which advises rich countries, has called for the cessation of new investment in fossil fuels if the world is to neutralize carbon emissions by 2050...

https://www.bloomberg.com/news/articles/2021-12-13/saudi-oil-minister-says-global-output-may-plunge-this-decade?sref=Em01M8Hr

Mardin is the province immediately to the South of UKOG's Resan licence, running down to the border with Syria.

As SS has explained, this land and that running down to the border with Iraqi Kurdistan have only been "lightly explored, little or no seismic, few wells".

https://www-enerjigunlugu-net.translate.goog/tpao-suriye-sinirinda-petrol-kesfetti-45828h.htm?_x_tr_sl=tr&_x_tr_tl=en&_x_tr_hl=en&_x_tr_pto=sc

https://www.turkeynewsen.com/oil-discovery-in-mardin/

similar articles on some other sites.

According to a number of sites in the last few days, "they" are The Turkish Petroleum Corporation.

The sites all make use of the same pooled report.

If you have reason to dispute these reports, Ninetails, kindly explain why. Thank you.

?

Jan 22: 298.000p

https://www.theice.com/products/910/UK-Natural-Gas-Futures/data?marketId=5188708

Sorry, ignore that last post of mine!

Looking at the interim figures, not at all sure where your cash burn of £250k per month comes from, WG818.

An exaggeration, perhaps?

... we all know that that RNS (another fundraising RNS) I just mentioned is 90% nailed on!
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Nobody can "know" anything of the sort, because nobody knows their cash position prior to the recent placing.

There is a difference between speculating and "knowing".

very subdued trading: 10 trades, average size a bit over 100k shares.

Will the decision be communicated during this week?

If Ibug is based in, say, the Canary Islands, he would be in the time zone as we are in the UK.

Thank you for your answer, Ibug.

https://drillordrop.com/2021/12/10/latest-uk-onshore-oil-production-data-august-2021/

Includes a graph of UKOG's daily production figures for the period Aug 20-Aug 21 inclusive.

Drill or Drop's coverage of last Friday's RNS:

https://drillordrop.com/2021/12/10/ukog-fails-to-win-extra-turkish-licences/

Ibug,

The question is: why does it look as though it is working overtime all of a sudden, now?