Member Info for Phil7390

Same note in 4 Jun RNS, confirming that HH-2z is still in EWT.

Welsh:

"Could we still be in EWT to help with the CPR?"

RNS 28 Apr:

5. Portland and Kimmeridge oil field with productive and commercially viable zones, HH-1 in stable oil production, HH-2z EWT ongoing, production planning consent granted in September 2019, long term Production consent granted March 2020.

There you go. That didn't take long.

Try reading the RNS sunshine.

Beradozer clearly has a job walking around in a sandwich board. Not someone I'd take advice from on investments. Filtered.

I put a large portion of my pension fund into REM and also lost about 70k. My own fault, not blaming anyone.

Dean - "Anything can happen in the next half hour!" The glory days of TV.

Worst case depletion rates were highlighted by the application for transport. RNS is there for anyone to read, if they do any research at all. If they don't, well, who's the fool?

"Do we think the share price will continue to decline today after yesterdays RNS?"

No. Given that the placing was at 17% below the SP and we closed down in effect up on the placing price, the market seems to have decided the placing is a good thing.

It seems to me that SS is getting everything in order. This placing is taking the debt out of the hands of the flippers everyone has been moaning about and onto a more solid footing. The placing to IIs and professional private investors has to be a good move, and there must be a solid case for investment so that WH Ireland can get this done. 25 years of production at an increased flow rate (I still expect 1000bopd+ from comingled Kimm and Portland with the new 1000bopd pump in place) and reduced OPEX should generate some serious revenue, and that's what IIs will be buying into.

With YA gone that's one less stick for deramping trolls to beat the company with.

Well done to everyone who had the patience to hold. It's been a long time, but hopefully this will be the start of a decent rerate. I've been out for a while so I'm genuinely pleased to see some positive movement, but just a tiny bit jealous when this share lost me 70k. Good luck LTH!

There are storage tanks. You have no idea if oil is being stored waiting for further price rises.

“The unlawful actions by this small group of protesters is doubly abhorrent at this time of national crisis. Firstly, they have shown total disregard for the safety and health of others by violating current Covid-19 regulations about social distancing, even urinating on our staff. Their behaviour has been appalling. The police must now risk their own safety in order to remove them. Secondly, they have thumbed their noses at the High Court by violating our injunction order via their aggravated trespass onto our site and from preventing us from conducting our lawful business.

“And did they ever stop to think that the medical equipment and PPE the country sorely needs at present is derived from oil and gas? Face masks and visors, gloves, protective aprons, syringes, sterile tubes and pipes in intubators and ventilators, catheters, sample bottles, tablet dispensers, vital function computers and screens, the list is endless. Even patient notes are kept in a plastic file and ID wristbands are made from plastic. All are made from petroleum products. You cannot get away from it.

“Petroleum derived products come in all shapes and sizes but any medical facility, from your local GP surgery to the inside of an ambulance to intensive care units in hospitals, depend on plastics, because they are sterile, easily manufactured and durable. Would you want to live in a world without these basic but essential items?”

Excellent response by UKOG. How can we get this on the news?

punk rocker, filtered.

Basil, big fan of Defected Records, making lockdown easier to bear! Thanks for that link. Pump It Up!

ohmetoe, enough already, go join the other miserable ******s in the filter bin.

MM, the pension payment stuck in my craw. SP performance has pretty much obliterated my pension, and in one fell swoop SS had his topped up to where mine used to be.

Is that the Sound Energy that has risen 37% this month? Up 5.58% today. That one?

Does the 15% limit still apply? I'm not sure it does.

Magsy - because oil. Simples. Try looking at what the assets are not just the SP history.