Member Info for ocelot

For every buyer there has to be a seller, ...
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It's the market-makers who are on the other side of each trade.

Total of 17 wells planned for H2: that is a very active programme indeed!

ie, your "novation" = anybody else's "acquisition"

Seadoc,

Thank you for your response.

So, when you speak of the "novation" of loans to HHDL, is this what you are referring to?

"As part of the equity acquisitions, UKOG also acquired the loan balances owed from HHDL to the equity shareholder at the time of each acquisition, for nominal costs",

that is, when UKOG has bought out other participants' shares in HHDL, it has also bought out their loans to HHDL, as one would expect.

and Brent (oanda) is $65.09 (about $64.20 at today's stock market close).

seadoc,

You speak of the novation of loans to HHDL:

where is the evidence for this, please?

:-)

Glad to hear that, seadoc!

Seadoc,

You have a down bet on UKOG.

As a matter of curiosity, are you going to wait for the rig to arrive before closing it out?

Quite a big UT of 196,591 at 189.60p, noticeably better volume today.

Suspect your "industry standard" is derived from companies at a later stage of development than UKOG, seadoc.

total of 1,075,496 shares.

at 13:08:46

as per advfn.

2.6m buy at that price.

suddenly pulled the share price up to 193.80 (before it dropped back again).

The volume in the stock at present is tiny!

Agreed, argus1, deramping continues on its merry way!

Ibug,

The "ramping" to death has fallen away in the recent past, with the retirement to the sidelines of some of those considered to be "rampers".

PS: but, agreed, the resignation of their current auditor is a red flag.

Too early for someone to step forward.

It'll be for SPD to choose their next auditor, after shortlisting.

How can 674m euros = $1.2bn?