Member Info for oilriches

In the next announcement? Will the market like that?

Yep, like turkey when things progress

Is that for HH2?

Interesting theory and one that may come true. I see some big volume days coming

Minden get the facts right....that was RMP and I wouldn’t call it ramping

Coming down to the facts Ukog is debt free. Aim is about timing and not many shares do well over a duration of 5 years. I am hopeful we are here for the next cycle up.

Have I seen so much negativity on a share. Not sure how this is such a liquid stock

How long u been in here mate?

https://mycouncil.surreycc.gov.uk/ieListDocuments.aspx?CId=122&MId=7520&Ver=4

Looks like the planning meeting will now be 03/09/2020

To $45.20 and expect Ukog to have decent volume today.

Yep 1p is £110m cap.....all very possible but it’s takes something special to get over that.

Ohmetoe - very possible to look elsewhere, but ppl will know this will move before next planning meeting. Problem is the traders will play it then

Robone. I don’t see this hitting 1p again ....my opinion only

Robone. I see a slight correction in the sp near term. It’s going to take material news to shift this over 0.35...I think the current levels are too low for where we are now. Dyor

Can we all agree that Ukog share price moves up quick on very little.

Tell me what early stage exploration and development company is capped on production? Turkey gives a few hundred million barrels of potential oil targets. HH1 producing 300bopd and workover due. HH2 tbc if they will sidetrack. Loxley is an appraisal well. Company is debt free. Thinking broadly Ukog has plenty going for it.

Looks like interest picking up in here. I tend to agree with a few here that there will be speculative money going in here sub 0.25

Mirasol. I get what’s going on now. The horse hill development is commercial and will be very profitable if we get back to $55+ a barrel of oil. Forget profitability at a corporate level but if we produced 400bopd at say $50 barrel oil minus opex of $13 and taxes is $17 a barrel that’s $6800 a day ~$50,0000 a week and $2.5m a year. Not get rich money but 3 wells flowing and it’s $7.5m a year profit at $50 oil price. It looks decent on paper

Ocelot - what would a sidetrack cost for HH2?