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Ibug - the new mapping is in a 20 July tweet from UKOG

It's the new way of distibuting infomation.

Ocelot,

Basur-Resan seems to now be just Basur after the surprising news that the wells in the Resan area show drilling there to have more risk than Basur - though strangely we've also been told it was a single feature. But those wells should have been looked at during 'due diligence'. Then again UKOG knew HH was going t*ts up in Q2/3 in 2020 and they needed a bone to throw to the pi (and any placee)..........SS here - Xodus have you got anything with 'well' in the near future?

I know ocelot doesn't do 'technical' but I would compare the closure of Basur-1 and the probable Basur-4 target against the outline of Basur-Resan that UKOG had in previous presentations. Also take into account that this NW of Basur-1 'bump' is controlled by a strike line (which is parallel to the Basur bounding fault) and thus is likely to be 'tricky' to interpret. I wonder when (if) we'll get the latest mapping OIP figure for Basur based on this new mapping. It would only take a couple of hours (if that) so best left until the new seismic confirms (or otherwise) the current mapping. Wouldn't want to have to change that slide with the big circles comparing UK with Turkey.

Wonder when we'll get the update on te successful visit to Turkey!

HH seems to be plodding along and there doesn't seem to be any haste to do anything that might upset the little oil they are producing - I know the site enthusiasts think new pump = more production, but what happens down the hole in terms of pressure and balancing water and gas production determines what's possible. Looking at the Alba SP, I expect grasping at straws comes easy to GF.

As for Loxley - we wait for a farm out as it now seems the risk is such that it's possible that UKOG drilling it is dependant on the 'pre-planned' farmout, otherwise known as a farm out. Lot's hanging on that, though there seems a lot of planning stuff to do before even preparing the site once that hurdle is jumped - and maybe dependant on the planning being done.

Pre-planned is an interesting 'spin'.

Was UKOG trying to make it seem something was progressing already, what with a pre-unmentioned near term fund raise on the way.

Anybody else think that considering there was pre-planned work about to start at HH that there was nothing about HH in the Operational Update when it's the only 'operational' thing happening. Surely a few lines dould have been given over to an update about the presumably pre-planned seismic mentioned in a tweet in early July,is this the new way for AIM companies to avoid the RNS 'legals' (cf. ANGS tweets). There was of course plenty of BS about Basur (pre planned seismic, pre planned trip, pre-planned site search) and the Portland far distant and possibly uneconomi pre planned gas storage project.

I suppose a pre-planned farm out is more organised than a surprise one - though I've never er heard of a surprise one, or did they just mean they had mentioned doing a farm out previously in the March Final Results and have finally got round to it.

So definitely not a surprise. Well it was pre-planned on 20 June and a certain ex-ex-ex-etc. poster thought it had already been sorted with IGas so shouldn't be long now.

Thought I would re- post this post from 10:39 on Saturday, it might have been overlooked because ocelot's BFF filled the board with dozens of posts over the weekend, and them got them deleted - it relates to UKOG and to another poster on the board who won't acknowledge there are downsides to UKOG's projects:

'in my view, (is) perhaps one of the UK onshore's most valuable undeveloped assets'

You have to realise that it's an opinion, not a fact - in the view of someone who's view has been decidedly dodgy previously.

If it were a fact UKOG, never knowingly pessimistic, would not have put a Probability of Success of 60 to 70%.

'If UKOG can persuade the SoS of the encouraging prospects of its Loxley project'

What persuasion - I think you presume too much that the SoS did anything but accept what UKOG told 'him', and it was a legal decision that the planning application should not have been rejected. It's a very different proposition to persuading experts in another company who will be expected to pay at least their share of the appraisal well.

Overlooked by the market? You know this? Perhaps they realise that every UKOG project has been preceeded by over optimistic projections, that any sales gas will be many years away and gas prices, like oil, can rise and fall.

Presumably despite the results over the past few years vs what UKOG / SS has said ocelot still believes every word.

Luckily Ian has presumably some information about something - but like so many posters who are desperate for good news doesn't want the rest of us to know what this good news is going to be so that anything that might happen he can claim prescience - or is it just a hope?

There's all sorts of variables, and not all to do with what UKOG does.

If ANGS manages to deliver gas at a sufficient rate one thing that might happen is the traders there selling out and buying here - expect mega stupid ramping though, maybe even a mention by Zac Mir if twitter gets busy - ocelot will keep us informed!.

Sentiment and fundamentals can and do diverge massively although eventually fundamentals will dictate the SP..

Of course expect a rapid dump as well unless there's a good news story to extend the pump.

So sweet to see those that he's sl***ed off previously rally round when he's in ramping mode. Well done, show who's boss, and pboo posted he would say anything to support his trading position - leopard and spots.

Now:- 'Today's post is a very creditable post, Thanks Adrian'

creditable - new meaning - trying to con others as before:-

New pump, nice flare, tankers (even plural) - hasn't made the slightest difference previously when Adrian has claimed that production has improved - and suggesting that the Kimmeridge is being produced when UKOG haven't mentioned a FDPA, nor would they be ableto produce from Kimmeridge and Portland with a single surface pump - they were going to use ESPs, but it never happened. They tidied up the completion and despite also reperforating the the Portland in late 2020 the decline continued.

Mullins,

I don't disagree that the UK should try to develop more oil and gas - but even if fracking works it will be years before production levels would be significant even with primary legislation - which apparently will need local approval.

But care to explain how the UK avoids paying global prices? Seems to be the bit those'Global Britain' politicians forget to mention while claiming fracking will herald cheap gas - also forgetting nobody knows if it will work because they also stopped the testing because it was affecting their popularity.

The only way would be to impose price controls on companies producing in the UK - not great for pi in those companies - which would ensure the exploration and development budgets would be spent elsewhere.

'At a guess, the posts on this board are about 85% against SS and management.'

I think you'll find most what you call naysayers posts are discussing the projects or replying to posters that post unrealistically about UKOG projects

There's quite a lot 'positive' posters who don't think much of the BoD. You should see what oscarwildcat tweets about SS with his davethedrill1 account.

how Adrian seems to think making something up, repeating it ad nauseam, and putting imo after it is 'giving a good spanking'.

eg guessing that IGas will farm in to Loxley and saying it's certain to happen (tweet 2 Aug 'and sign off the JV farm out with IGas at #Loxley') - maybe it will, maybe it won't - but it won't change the PoS of 60 to 70% - the same they put on Basur-3. Some don't think it will happen - what's your problem?

It also assumes that everyone who's a realist is a 'green' etc. - and very often from research identify the problems that are likely to happen to UKOG's projects - and often identify what's going on at HH - and it's often not what Adrian would like peoople to think:

'Adrian@davethedrill1
Aug 5
#ukog are we about to be told the Kimeridge is flowing at #Horsehill?'

No

'Adrian@davethedrill1
Sep 17, 2021
#UKOG #HORSEHILL
Chatting to my spy's . We reckon news 2 weeks.
Load up !'

RNS 3 days later - just doing stuff for HSE - and no improvement in flow.'

But on 19th September I pointed this out:-

As for the current activities at the site this from the GM notice:- 'In addition, within its UK portfolio, the Company also plans to fund regulatory works at Horse Hill....'

'from the interims:- 'We are carrying out modifications at the site to comply with The Control of Major Accident Hazards regulations (lower tier), as well as other regulations. Liaison continues with the Health and Safety Executive and the Environment Agency ("EA") to ensure the Horse Hill site satisfies these regulations.' Is probably what's going on at the site, not specific works for the conversion of HH-2z.

and of course a nice flare tweet:-
Adrian@davethedrill1
Sep 2, 2021
#UKOG Things are starting to heat up on The Hill. Nice flare! ??
Pic by John .
Stay tuned'

sound familiar - August 2021 production average 81 bopd, October production average 62bopd - in April 2022 average 55bopd.

and I don't think I've seen any of the posters on here disagree with the idea of fracking - probably the sooner the better, but yes - questioning whether it will work - and asking how it will lower gas prices in the UK and when - something apparently all these protectors of useless BoDs seem to want - yet not want? Again what's your problem?

Probably worried those with a different opinion are right.

I quite like the informative tweets but most aren't even reasonable comment - unfortunately he's only capable of holding on to reality for short periods of lucidity before returning to 'type'.

'They don't like his informative tweets from Horsehill'

But then I'm not green anti fossil fuel - just a gambler who researches this share and, well, shares it.........

Adrian just goes for soundbites, imo and looool - the 'new' proof.

Just like the new pussy in town - same subjects, same words, same drivel, same Adrian.

Good advice from my greatest fan boy - who forgot to wait for the flippers to finish.

Adrian@davethedrill1
#ukog I've bought Ten grands worth of UKOG at 0.94.

I was asking bird brain?? on LSE how many shares she had and at what price?????? before she and the other green activist working the board got me band lol.

The answer is nil bird brain.
LSE is 8nfested with Swampies. Ignor'

But still loving it:

Adrian@davethedrill1
#ukog ????????I see ????Pingo has got her feathers ruffled on LSE .
Looks like fracking will be fast tracked by Truss

- even the fractures that are there have been a bit of a problem at HH - when I say a bit of a problem I mean it wrote off a production well which is still sitting there waiting for UKOG to convert it to an injector - always about to happen according to 'davethedrill1'.

Pumping gas this year - what straight to the flare? You post on ANGS, when did they buy into SFB and you're still waiting for them to 'pump gas' - maybe Monday?

'Let's talk about Truss fast tracking planning for fracking onshore. Or are you saying I and the Express are pretending lol! :)'

Well the Express is not the most reliable source except when it reports things the Tory say - but that's fine - I still haven't seen an explanation how that translates to even medium term cheap gas if world prices are high without controls on the companies.

Good advice:-

'Click on thier name and check out their posting history' and then have a look at the share price chart. If they have been 'positive' since posts are available on LSE then decide what their agenda is.

If they've only been around a few days, post on Igas (since the farm out announcement), Angs and here then they're 'davethedrill1' on twitter - his tweets are hilarious - have a look at how many have a penguin icon - he's such a fan but a bit shy to admit it.

You forget - I support fracking - saying it might not work - and probably won't on the Kimmeridge - doesn't mean I'm against it.

I've also posted that I expect UKOG to get a farminee - so what's your problem?

'I'm not on twitter'

Well you're doing a brilliant impersonation.

Anyway, hope this link works......

https://playpaw.co.uk/products/floppyfish?currency=GBP&variant=37423834693791&utm_medium=cpc&utm_source=google&utm_campaign=Google%20Shopping&gc_id=17505648635&h_ad_id=&gclid=Cj0KCQjwxb2XBhDBARIsAOjDZ36HRHkSD13vmF2UMkHWqVT56URCLUUnekXTCDb4URdKNi7-63lo-6UaAi4LEALw_wcB

You don't

'Penguins don't flatter yourself. I scroll past yours and Skwizz posts to avoid your dross.'

You're my number one fan on twitter - that penguin icon does save you spelling penguins.

point, you're the one constantly trying to fool people. Even now you're pretending.

I just post my honest opinion, based on more information sources than UKOG RNS. I don't recommend whether anyone should buy or sell - that's an entirely different subject - and yes when I do hold shares I don't change what I post - mainly because the spikes come regardless of what I post.

matter how quickly as it still won't be quick enough to make a difference.

I see Adrian expects SS to do anything quickly when that's precisely what he complains about on twitter.

a green, but definitely invested in some real oil companies for the long term and dividends - some even N America (though the dividends are poor - maybe you should wonder why?

In fact perhaps you should read all my posts.

Of course, I forgot, you do.

loooool

On twitter at least I can search on key words so I don't have to trawl through the dross