Member Info for Pdub

Surprising that no one is taking into account m / c. Rather low in my opinion. Room for multiples in my opinion if oil revenue good. The concerns that one or two are expressing may well be irrelevant if results are good. High risk but possibility of high reward. Very exciting!

Thanks jayblu. Good to know. As always on DOR there are those that seem to be always negative, others (including myself) mostly positive. Nothing in that respect likely to change. I doubt if long term either will seriously affect sp. Pepole complained that nothing happening. Now they complain that something happening ........ I am glad we are listing on ASX. If some dilution goes with that so be it. Now looking forward to oil production.

As at 12.30 on Wed 30.08.17. Figures from NEX and MoneyAM. UKOG £257.53 million ANGS £62.52 million DOR £5.9 million Readers to draw their own conclusions about DOR being value for money. Obviously need to take into account the respective assets.

Exactly Doose!

For once Captain I agree with you. Everything depends on production which, as I am sure you are aware, is completely out of the hands of DOR. Therefore one should be positive about DOR having invested in Brockham and Lidsey, and indeed increasing their stake in new Lidsey well. At the same they should not be criticised for lack of income yet as that is out of their hands. We ALL wanted exposure to an exchange more liquid than NEX. ASX may not be your first choice but it does fit the bill so I would have expected some positive noises from you on that. This represents progress for DOR. I do hope that those with something of a track record for negativity on the DOR bb (in fairness perhaps with some justification at times) will be equally generous with their positive comments when everything comes good. I shall watch with interest!

Donone it is on the DOR page on NEX. Here is the link as proof: http://www.nexexchange.com/announcements?newsid=3772520 Well I did ask for an update. Didn't realise quite how much influence I had with DL. Haha.

I should add that, in my opinion, at this price DOR looks even better value to me than it did a few weeks ago.

I agree Wolf. With so few trades at present the mms seem able to move price up or down almost with each one. Short to medium term DOR's fortunes are controlled by ANGS progress at Lidsey and Brockham. Thus we wait on release of rig by UKOG for Lidsey and OGA approval for Brockham. At present the only thing that might impact sp that DOR controls is progress towards ASX listing. So come on DL give us something to smile about. Please. All of the above is just my opinion. Regards. Pdub.

Please can we have an update on progress towards listing on ASX, even if just a brief Tweet .... I notice that DOR is still not on the ASX Upcoming floats and listings. Some of those that are listed and have specific dates are well into October. As we are not even on the list does this mean we are waiting until at least Oct / Nov? Perhaps even longer? Any hints? Regards. Pdub.

Someone has a chip on their shoulder .... Thanks for that useful contribution Oggy. Hmmm

In fairness to DL he didn't say that Wolf. He said ASX has "more global clout for what I plan". To judge the soundness of that statement we would need to know exactly what he plans (which could involve for example investment in Australian opportunities). Let's hope he delivers. Regards. Pdub.

If accurate then great news for UKOG and in turn great news for DOR / ANGS.

Also ".... both optimal case setting ...... and ..... well completion problematic." So fairly conclusive in my opinion. Delay in rig arrival at Lidsey caused by extra time taken to sidetrack BB due to real or potential problems in BB-1. I rest my case.

Jmhy here is the relevant evidence from the UKOG RNS of 10 August. "Following the month-long coring and electric logging programme it became apparent that the duration and difficulty of coring such highly-fractured rocks in an inclined well led to potential plugging of some intensely fractured Kimmeridge zones likely jeopardising flow test performance. Sections of the overlying Purbeck also exhibited washout zones making both optimal casing-setting in the full 8.5-inch open hole section and resultant Kimmeridge well completion problematic. Using lessons learnt from BB-1, the short-duration sidetrack was drilled using the same non-toxic drilling fluid but with a lower density and higher viscosity mixture to minimise reservoir formation damage via possible plugging of oil-filled fractures. The sidetrack's in-gauge 8.5-inch borehole was cased-off successfully without problem and will now be completed for flow testing." The first sentence of the extract is highly relevant to our discussion. Regards. Pdub.

Yes jmhy I am referring to the need to sidetrack as described in the RNS by UKOG, and also the RNS released by ANGS which explained the delay in terms of third party issues beyond the control of ANGS. As far as the current situation at BB I have no idea if they are facing further problems, but I was not referring to that. I meant the extra time taken as they had to sidetrack the original well which did have problems according to the RNSs. Hope that helps. All the above just my opinion.

That is a depressing assessment ArielArrow ...... and I have to disagree with you. There was plenty of buying going on, but unfortunately the problems at Broadford Bridge (UKOG) have delayed the rig to Lidsey. Therefore everything temporarily on hold. DOR cannot control such events. Things will move again once rig at Lidsey and OGA Brockham granted in my opinion. Of course an announcement about ASX would be very welcome too. Regards. Pdub.

Bendog I don't do predictions of oil flow rates or sps but I agree with the general sentiment of your post. Commercial oil flows and ASX listing likely to have significant impact on sp in my opinion. I still think DOR looks very undervalued right now! Regards. Pdub.

Master baker / Ghrtrader only just seen your posts. New amended version specially for you two. Hope we won't have too long to wait befor further extensions needed! Here are some conversion values for the pre and post 400 to 1 consolidation. Makes it easier to compare sp performance. Pre p. Post p 0.045 / 18.00 0.048 / 19.20 0.049 / 19.60 0.050 / 20.00 0.051 / 20.40 0.052 / 20.80 0.053 / 21.20 0.054 / 21.60 0.055 / 22.00 0.056 / 22.40 0.057 / 22.80 0.058 / 23.20 0.059 / 23.60 0.060 / 24.00 0.063 / 25.20 0.065 / 26.00 0.068 / 27.20 0.070 / 28.00 0.075 / 30.00 0.080 / 32.00 0.085 / 34.00 0.090 / 36.00 0.100 / 40.00 0.110 / 44.00 0.120 / 48.00 0.130 / 52.00 0.140 / 56.00 0.150 / 60.00 0.200 / 80.00 0.250 / £1 Regards. Pdub.

The last two trades today were at 24p (or 0.06p old money). Nice.

I see some still need a little assistance so here is my conversion chart again. The eagle eyed among you will notice I have extended the conversions up to 15.00p. You can probably work out the direction I think the share price is heading! Here are some conversion values for the pre and post 400 to 1 consolidation. Makes it easier to compare sp performance. Pre p. Post p 0.045 / 18.00 0.048 / 19.20 0.049 / 19.60 0.050 / 20.00 0.051 / 20.40 0.052 / 20.80 0.053 / 21.20 0.054 / 21.60 0.055 / 22.00 0.056 / 22.40 0.057 / 22.80 0.058 / 23.20 0.059 / 23.60 0.060 / 24.00 0.063 / 25.20 0.065 / 26.00 0.068 / 27.20 0.070 / 28.00 0.075 / 30.00 0.080 / 32.00 0.085 / 34.00 0.090 / 36.00 0.100 / 40.00 0.110 / 44.00 0.120 / 48.00 0.130 / 52.00 0.140 / 56.00 0.150 / 60.00 Regards. Pdub.