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To new investors and long term holders.
"Whilst our primary goal has been upon delivering long-term cash flow from the Portland oil pool, we have also continued to test and evaluate the underlying Kimmeridge oil pool, as we believe this can provide significant future production and revenue upside. We plan to change HH-1 to a dual Portland and Kimmeridge producer in the coming months following a return to stability post Covid-19. Then, in due course, we anticipate using some of the resultant cash flow to drill further Horse Hill wells".
Dahmed in November said
"The latest piece of the jigsaw has now been put in place and confirmed via an RNS yesterday. One last horizontal section to complete then the flow testing will begin. SS no doubt will be quick to update the market as potentially 5 or more tankers a day leave site with their light sweet crude.
Forget all the negative posting ( each has their own agenda ). They usually post about Fracking in the full knowledge that UKOG don't frack or the other favourite is YA Global and Death Spiral. ( Business should be concluded with them soon enough ).
After the election is done and dusted the 'Temporary Fracking Ban ' will be removed. Too much money at stake.
I don't take any notice of 95% of what's posted here.
When the market place wakes up to what UKOG have, we can expect the long overdue move upwards towards 2.5 and beyond in the short term.
This I expect to happen with the next fortnight. Long overdue but it will be worth it for those LTH's knowledgeable enough to see the wood from the trees".
I`ve had contact from a plant similar to ours in Northern Italy. They`re running at 75% - which doesn`t seem too bad under the circumstances they are experiencing. We are I believe, a couple of weeks behind Italy with the virus.
Just thought I`d share.
Lonely
I think we will be rich a lot sooner than that.
For example. When SS proves up the HH oil field with 6 wells chugging along and the CPR to boot coming in due course.
Of course we have to see through the virus and Poo for maximum gains.
Keep filling your boots if your able IMO.