Member Info for Penguins

So,

They're not nimbys

They're not greens

Maybe they're just honest in their researched opinions - if that research results in expecting failure you may not want others to see it - but maybe others would?

You on the other hand have spent years repeating UKOG PR which has been proved to be at best misleading until they finally admit failure - or in the case of HH-1 never mentioning its production performance in RNS or Annual / interim reports since early 2020 (just after production started - yippee 'over 300bopd'), or not surprisingly - tweets.

Of course you and others who have relentlessly claimed every UKOG venture would be successful don't want their history, or UKOG's, mentioned.

TH2,

they're another 12 dayscloser, and they've been 'talking' about securing 'international investors' since the beginning of February in the AGM notice - seven and a half months ago.

Wonder if they will retweet today - will it be some other government activity that has only a tenuous connection to what UKOG are doing (and I'm not talking about the distant Solent Cluster). Not likely to be about Claire Cotinho (Conservative ex Energy SoS) being 'supportive' of UKOG's plans - not quite the same as 'backing' though is it?

Ocelot,

as you popped up - interesting whether they will appeal as they claim to be moving away from O&G E&P - yet it would be a useful carrot to dangle in front of certain 'investors' if things go quiet on their newish transformational cunning plan. Envoi would probably be a bit peeved if they don't appeal having produced a flyer for Loxley.

Madeitup,

same old made up fantasy stories about other posters eh - just can't stop making it up can you?

But you're living in the past - that was a week ago (when does history start?), repeating the same BS from two members of the Solent Cluster - SGN and RWE that sent LOS over a month ago.

Was it one of those that UKOG asked for - ''The Company will also seek further Letters of Support ' from the placing RNS.

But when will there be significant production and use of green H2 in the Solent area - the first round of H2 storage allocation is likely to favour storage near planned production and areas of where industrial use is likely.

The Solent is about 80kms of (dual?) pipeline away from the Portland Port site.

You ‘need help’ - but you have already decided that I post to ‘beat the bashers drum’, I don’t need to ask why you post.

But my last 3 posts were specifically commenting on the content of ocelot’s, madeitup’s and ian who’s 12’s posts, and, like you, ‘look in’ at the weekend when there’s pauses in the day.

I prefer to comment about UKOG but so far, from the Kimmeridge in 2015/17 through to Turkey in 2021/24, what you consider bashing has been on the right side of UKOG’s historical outcomes that some posters find so objectionable to comment about. H2 has similarities, in terms of hype and vague RNS / tweets, to the previous failed ventures.

You may consider it ‘bashing’ – I’m just stating my researched honest opinion that I base my gambling decisions on where UKOG is concerned - and there’s no rule that only posting UKOG PR, misleading, lying or an unjustified prediction of a future price that so many appear to prefer is permitted.

Nor apparently is commenting on another poster or their posts - as you and ian have ably demonstrated, seems even searching them out at the weekend is OK.

Ian who's 12,

you posted:-

'FFS get a life you boring cretin, who gives a feck who said what and when, unbelievable.'

nice - 'cretin' - back with the playground name calling.,,,,,,,

...and your point is - posting, giving a 'feck' about someone posting about another's fantasy world.

Unfortunately it's madeitup's posts that are unbelievable.

Madeitup,

When the week before the 9 September RNS did you say 'I would not want to be out over the weekend' or even something similar - you did the week before that and there wasn't an RNS ?

and the 1111 post was Wednesday this week after the RNS and you certainly didn't say anything about the weekend.

Why do you keep making things up?

and you didn't predict what the next RNS was about, it was some made up story about an RNS:-'RNS update UKOG is please to announce a JV interest from abroad, willing to invest £200m over 5 years ?

ok stop arguing about what we are worth'' as it will be irrelevant if that news above happen, as we would be talking telephone numbers.'

Ocelot,

If someone is right about a poor outcome they are not being negative., so the premis of your post is wrong.

The assumption that ocelot makes is that an accurate assessment of the likely outcome, if it is poor, is based on a determination to do so - ie being negative - rather than being honest.

Every project that UKOG has participated in so far has had a poor outcome, just because UKOG claimed otherwise doesn't mean 'persistently' predicting that outcome was being negative. The difference is that being 'positive' has been persistently wrong.

Ocelot,

You posted:-

'Another fact, ZYX098, is that the government has changed and with it the timetable for implementing net zero policy has accelerated.'

Apologies for butting in - and ocelot won't see this anyway - but I thought it worth pointing out.

Yet the H2 storage allocation round was scheduled to start Q3 2024 - leaving it until the last minute (or possibly leaving it until October) doesn't seem very 'accelerated' - maybe H2 storage is down the list?

You posted

'stop worrying about dorset as the government seems happy with it' - can show this -

any possibility of a quote from government.

But it's unlikely government would pre-assess the geological suitability of any site - although where there are already salt cavities, Cheshire and the North East of the UK, they can be sure the saliferous beds are suitable and there won't be issues forming them.

Do you not think it strange that UKOG having a site at Portland port where they had been advancing studies for 2 years, this year, after the guidelines for an application in the first storage allocation round were published, say they are in the process of securing two other sites one in Yorkshire, one elsewhere in Dorset. They can't possibly expect to be custodians of 30 to 60% of UK storage predicted to be needed in 2050 - and they then put in a RNS they would 'aim' to apply for at least one Dorset site - really, apply for two, in Dorset?

The volume of UKOG tweets is becoming ridiculous - the hype has reached new levels for UKOG - is it to spam Ed's X account as almost every one links him?

You even claimed that UKOG 'might' be one of those awarded in the recent Labour party '131projects' tweet which was retweeted by UKOG - only problem it was for power generation projects by solar, wind or tidal. Fooled you, and probably others that take UKOG PR without researching it - was that why UKOG retweeted it?

Wading through your stream of consciousness posts is like wading through mud - but claiming you're a 'simple' investor' is interesting.

Simply following the herd into P&Ds - dipping in and out of your history seems a lot of shares you've tipped for greatnss are either no longer around or trading at a considerably lower level now than when you were, erm, emthusiastic about them.

You have a record ofover 8,000 posts since early 2018 also suggests something other than a simple investor - an aveage of about 100 a month since then, and you really don't like posters you don't agree with.

But if anything you appear to be the grim reaper of shares - arriving (hopefully) for the last hurrah before they go into terminal decline.

Great imagination, but as usual completely made up.

There's no rule anyone has to post on every share they hold. I hold the many different, but mostly FTSE100. I became interested in UKOG because of the BS being said about the Kimmeridge in 2015 vs what the BGS Weald report stated - needless to say the BGS report appears closer to 'reality' than the imaginary billions of barrels producible.

It isn't my, or anybody's, fault (apart from UKOG's) that UKOG by embarking essentially (apart from BB) on searching for redrill opportunitie for oil, or gas, that there's a lot of information available to assess 'reality' vs what UKOG hope and then repeated by posters and tweeters as the guaranteed outcome - though strangely they then sell before the well results.....

You don't seem to understand that predicting failure through research isn't the same as wanting it, or making, in the case of UKOG, it fail.

Like previous projects UKOG appear to be desperately hyping the paltry good news they have (4 LOS) and avoiding mentioning that they definitely require SGN to apply in the transport allocation round and definitely need committed finance. Also the Dorset story is changing from Portland Port, to 2 sites in Dorset, to one of the sites being the subject of the application. Many times it's the subtle changes in message (eg no longer mentioning 'dry' oil being produced at HH - just oil) that are important.

Anyway I do trade UKOG based on what I believe - if I sell because I'm aware that the results when they arrive will probably disappoint - I've at least said so - and I rarely comment on what the SP will do because the SP has so far, since HH-1 was drilled, not been predictable but also never reflected the true value of what the company's assets are worth / likely to be worth - but probably only in the months before the last spike was the mcap less than the value of the tangible assets.

Or

'Reality is the sum or aggregate of all that is real or existent within the universe, as opposed to that which is only imaginary, nonexistent or nonactual.'

New scientist may be worried about neutrons and electrons - most people aren't.

Maybe ocelot's uncertainty about what reality is explains a lot - confused between the

imaginary and the non existant requiring 'belief' vs things that are real or exist - facts.

Madeitup,

Why do you keep going on about 0.015p - jealousy?

You posted 'what a bad decision we make buying UKOG @ 0.015P'

It was a great idea buying at0.015p - Shore Capital did, but you didn't.

05/08/24:-'I myself did not press the button and got in @ 0.034 so I'M still well in to wait on the bounce back over 0.10p'

Then trying to 'top up' @ 0.06+ on 08/08- 'The same thing happen to me when i try to get a top up 15min wait' – of course you were.....

Same day:- 'I just listen to ZAC chart just now and ha say UKOG will retest 0.12p soon' - soon?

As for ocelot and 'There is nothing to stop Shore Capital from picking up more UKOG again' - apart from common sense, unless it's in the next discounted placing.

They were so good at adding up they sold a quarter of a billion before the spike at the end of July. As you pointed out they didn't need to TR1 after they dropped below 10%.

Future, not current?

and that was months ago - and from a subsidiary of Sumitomo - not Sumitomo.

Seems an unecessary word unless it's intended to signal not now.

TH2,

I'd say that the regular retweeting of the same 'news' and RNSing the LOS they appear to be seeking - the latest more of less a rebrand of two previous ones - is not a good sign - just helping out the placees with fuel for the P&Ders like yourself who somehow is always buying and topping up but also claims to be getting back in.

ZYX..........I would add changed from pub grub to sushi but kept the same chef.

Oopas,

What was missing was it would be in the first allocation round and it would be for Portland Port.....

Of course, no one should judge UKOG on its record of achievement in oil and gas exploration, something the CEO and team was supposed to be highly capable of - claiming the Kimmeridge in the Weald would produce up to 27% of UK oil consumption.

Yes, just back them to run a company that plans to deliver 30 to 60% of UK H2 storage (2050) because they got a few companies they sought letters from containing kind words but promising nothing.

UKOG RNS'd about Dorset when revealing their negotiations on the second Dorset site was this:-

'The Company also aims to apply for government Revenue Support for at least one Dorset site'

What was missing was it would be in the first allocation round - and in the first allocation round........

Amazing number of falsehoods in your 11:33 post.

I already pointed out that despite you claiming ‘Missed tweet from our leader... burred among the discord I thought I would shear’. – you had linked the same tweet on 5 September.

You also posted:-

‘SO 131 PROJECT IN AUCTION ATM, AND COULD BE CLOSE TO BEEN RATIFIED by the looks of that tweet on the 3rd ? ONE OF THEM MUST BE US ? with the abundance of LOS from major industry leaders we are getting ?’

‘so 131 project in auction, and could be close to being ratified’ – 131 projects was the result of the CFD allocation auction, the list, which you plainly didn’t bother to find, was published on 3rd September.

‘One of them must be us’ – There’s certainly more chance of it being someone on this board than UKEn or UKOG as every single one of the 131 projects is planned to produce electricity from solar, wind or tidal – and none of them is 'us'.

As for 'abundance of LOS from major industry leaders' – 4 LOS offering little more than kind words and a possibility of using it dependant on UKEn getting the storage built.

Have you ever considered researching what you’re claiming - preferably ignoring UKOG PR – you might understand why the SP doesn’t always go up on a daily basis as you seem to expect.