Member Info for razel2000

I bought in for the results as was expecting more progress and increased oils flows from the work overs, but noting and maybe a bit behind schedule. Sold out first thing at a very small loss. Might buy back in next month at a lower price. Good luck all.

Hi Joe, I never thought we would be back down here again. Might get myself some more if I can buy below my 7p average

This has been taken down way to far imo! This is a great time to buy now. I am in the luck position of having a average of 3.75p as I didn’t buy more on the way up. So although the value has dropped I am still relaxed. If I had averaged up I would be sweating a lot!

I feel the pain too. UKOG was one of the first stocks I added to my portfolio last year when I started investing. I bough at 2.4p and then it started to fall the very next day. I averaged down at 1.56p and I now sit 45% down. But I am not worried at all as we have two horizontals to drill very soon which should be reflected in the sp. I plan on averaging down again to maybe 30% down but it’s about timing it right.

My buy is showing as a sell.

Thought about buying last week but didn’t. Then watched it pull back a bit end of last week, but on the rise again today. Strong momentum. I am in.

Been watching on the sidelines for a few weeks. I am in now.

Cash, I made some comments about this a few weeks ago. They both were undervalued, and both still are. I got in BLOE at 3.5p and as soon as they hit the oil in the side track the SP went crazy. PRD is similar as it has bags of potential it’s just not priced in. IMO. So once the oil starts to come from Trinidad then we will see that reflected in sp. both have oil and gas plays. BLOE touched £50m Mcap with 1100 bopd, now reduced to 700. If PRD got to £50mcap that’s 50p per share and about 8 bags from my average of 7p.

I am hoping for an update on Trinidad soon. If this stock drops below my average, I am loading up, big time. Because this is so undervalued and once the black gold starts flowing this will be reflected in the sp.

Are sav working towards a FS and if so when is it due completion?

Excellent news. Looking at the proposed works, they won’t drill 38 until Q4. So what will they be doing between now and then other than the survey?

I wonder how the market will take this news tomorrow and how the sp will react.

They restricted the flow of oil to 700bopd as the local refinery was at limit and they needed to find a buyer to take the rest of the oil. With this bookbind they must have a buyer for all this oil lined up. I still hold the shares I got with a nice low average. I have not sold any to date and upon first seeing this RNS I thought not a placing. But this is a bookbuild and when you see the plan for the monies you think wow 5000 bopd and then the gas wells. This is not a placing to keep the lights on, this is to raise cash to grow much faster. Their initial target at ipo was for 900 bopd and it’s now going to be 5000 bopd plus the gas. Think where the sp will be in a few months. I am holding for the rewards.

Hi Steve, yes this is normal and is the share spread. The share price is the mid price between the two. Buys are normal above mid price and sells below. Hope this helps.

Lloyd’s site working now. Topped up.

Lloyd’s is the same. Cannot log in.

Went to buy more but my share dealing site is unavailable!

Excellent news! Just look at the contract value!

I am not seeing any RNS’s this morning on the 2 sites I use! Thanks for sharing

Is more like gardeners world that wres!