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Morning Dick - Okay I give up....what does 'jmofwiw - foiydli' mean?

It will be I'm sure Tidd. Once the first news starts arriving.

Good call Dick.

If the barrels per day go from 1,550 to 2,200, let's say 50%, are we thinking that approximatley the SP will go to 18p? Or does anybody have a different thought on this?

Ahead of the curve and the herd Tidd, that would be nice. Normally I buy a share, see it drop and then have to wait as it comes back again. Being ahead of the game would be nice for a change.

If you want to test your patience then try investing in VOG!! I was in it for 6 years and very luckily got out with a profit about 2 years ago. I check the board there every now and then and the same posters that were there when I joined are still there!! The SP is woeful now and I guess those LTH's are going to be in it for much longer still. TXP on the other hand....well Eddie.....it's going to look like Elon Musk's space rocket!! Isn't it.....?

Let's hope they announce the drilling/appraisal programme before those 6 months are up Ajax.

It has to be the quiestest board on LSE Eddie? Wasn't the first drill supposed to be finished by now? It was 10 days from the 03rd of February and we are beyond that now. Any idea how long logging and casing takes Eddie? I wrote to Touchstone last week and ask this question, no response....that's nice hey. The interview the othe day with Mr Bray said they were hoping for a 50% rise in production from these 10 wells. Was it a rise to 2,200 barrels per day? I think that is correct?

Thanks Dick.

I took a punt on UKOG but it didn't pay off, nothing major lost. I also have Touchstone (TXP)....in Malcy I trust. I love this silly way of making money and it's bloody nice when it goes right. I find it harder to reconcile selling too early than sitting on a paper loss. I sold JOG too early on the monster rise, although I got a five figure profit (just about), if I had waited an hour I could have added about �40k....grrrrrrr..... I have recently sold i3 Energy too early, although I had pocket money in it. I just hope UKOG isn't my third sell which is too early..... Ol well, health first, health second and health last.....the rest is window shopping. Just back from the Magaliesburg Mountains in SA. If you haven't been then Bucket List it..........African night sounds in the bush are very interesting!!

Cebo456 - a lot of folks on the UKOG board are saying they think the SS quotes are false. That would be a real thunderbolt if that turns out to be true!! It will be inetresting to see what eventually happens with current testing, either share holders are going to be massively wealthy or seriously out of pocket. If the flow tests are neagtive, maybe back into the 1p bracket. Ouch......

Hi Dick, if you see this post I would like to ask you opinion. Sorry to all for the off topic post, but Dick does have great opinions in my view. It's about UKOG. I know you have always been a sceptic on that particular company. I bought a few and sold a few recently and then used that same money to top up here. I'm glad I am out of UKOG to be honest but over on the UKOG board today they are convinced that after SS's rebuttal to Paul Vonk, on Friday, oil is going to flow. So my questions are: Have you seen SS's statement and do you believe that what he said in that statement is the game changer? Or is still you opinion that UKOG is company that will not deliver? In case you haven't seen it, the poster titled the post 'Drop and Drill' and it appeared on the UKOG board on Friday about 6pm ish. Again, apologies to all for the off topic post. I'm just interested in what a wiser man than me thinks of all the excitement that side. Thanks in advance Dick.

Now that is a brilliant interview. I have seen so many interviews over the years with lacklustre CEO's this one though was positive and vibrant. Good work Mr Bray!! I've got a good feeling guys.....

I think that once Touchstone complete the first drill, get that well into production, Malcy gives another write up and we hit the daily risers board, this is going to climb nicley over the following months and the extensive drill programme. Very very happy to be in now and not entering three months from now trying to grab the rising share price.

And the MM's give us 0.10p rise......you have to smile.

There is life Eddie....but not as we know it Jim, not as we know it..... ;-)

Morning All, so we due to finish the first drill this week I believe? Then it's 14 days from logging and casing until the well is put into production. Anybody know how long logging and casing take as a general rule? From that point, Malcy, will be writing us up again and we will attract attention from the daily risers board. A fair assumption or well off?

Somebody mentioned a Statoil market update earlier this week, did anybody see it? I assume there was not a lot if anything on JOG and Verbier? Was it just about their own year ahead?

Read it three times now and it is a beauty!! Very hapy to have got in now.

Thanks Kums. I trust in Malcy and haven't gone far wrong with his tips. He seems to like Touchstone. Has anybody been guestimating a potential SP by August?