Member Info for Redheadedrager

@pat277 - hi there. If you read the RNS then you’ll clearly see the intent to move into full production by Q1 2019. This will be preceded by an announcement of commerciality for the Portland and hopefully also the Kimmeridge too. To be honest it is probably best that you do read the RNS, corporate presentations and independent Competent Persons Reports all on the UKOG website. Good luck with your research and your investment decisions. Cheers! Red

. . . . and breath . . . in through the nose, hold, 2-3-4-5, and out through the mouth. There. Feeling better? Good. Now repeat after me. “Extended well testing takes time.” We will have a declaration of Portland commerciality within a month. If we don’t then it will be in the month after that. I’ve been invested for long enough and seen enough bad news to make this final wait for the real good news seem almost inconsequential. Remember that it’s always darkest before the dawn and other such platitudes;-) like I said yesterday “Damn it’s good to be right”. Everyone that greeted yesterday’s RNS like me with a “Yes!” and a fist pump drawing quizzical gazes in the office from their colleagues will hopefully be expectantly but not anxiously waiting for the announcement of the results of “an optimised maximum rate test“. With luck this will be with us tomorrow or Monday. I am quietly confident that it will cause a stir and for all the right reasons:-) Until then ignore / filter / block the de-rampers and share-bashers and trolls. Starve them of oxygen. Have a lovely evening everyone! Red

A master class in a share being sat on. Unbelievable. Hey ho. Just need regular updates on progress on site and things should start to warm up ;-) Red

For anyone who’s ever watched the price action on UKOG before a positive RNS being released, this all seems achingly familiar. . . . ;-) Red

*filter the tool*

Fielder the tool is my advice. Everyone have a lovely day now ;-) Red

Sanderson said that the pumping operations stopped yesterday and the well was shut in then. It will be back in operation again tomorrow. . . ;-)

Just right. A very fine day today. And this just the start. Listened to the Sanderson interview with Zac Mir on Share Talk. I am not selling one share until we’re fully commercial. I am adding more when I can now. Well done everyone and especially Pete (Pboo), Adrian, Cunners and Tony for being the best spies ever. To everyone who contributes positively to the discussion thank you. I’m going to have a beer now. Cheers! Red

@Smiler888 - you need to be patient. The next 5 months will make last year look like a ripple on the pond compared to the Tsunami about to hit when full commerciality is announced for the Portland. . .

All in denial, all making increasingly desperate attempts to deny the obvious. . . Quite funny really. All we have to do now is laugh, smile, sit back and await the RNS. Oh, and post the occasional put down to keep the fanticists in check ;-) Red

@PennyPusher - wrong plates for waste. 3WE 1267 is for crude oil - look it up. Waste is different. . . ;-)

@pokerock - a few things. (1) the plate is shown on Twitter (2) it is WE 1267 (3) close your short now numb nuts . . . PMSL@U

And the flammable contents plates on has just been photographed going into Horse Hill site. Good luck to all shorters out there. Tin hat time you fookers!

But we all know that Stephen Sanderson does like to surprise with the timing ;-) in absence of an RNS I’d be quite happy with a repeat to the daily 4-5% rise we’ve recently been experiencing. Oh please do remember to log in to enable your filters. I forgot this morning and had the horrible shock of glancing at some of Etqiuette’s shameless, moronic, baseless de-ramping bile. What a twonk Etqiuette is . . . :-) Red

@Penguins - Phew! That was a read ;-) the nub of it is - yes it is a play on the risk of recoverability of the billions of barrels of oil below the Weald. I couldn’t agree more. Everyone has a different view on that level of risk, how they calculate it and their appetite for that risk. Just consider this, when Nutech or Xodus or anyone else writes a CPR how prudent do you think that they’re being - Uber prudent or just super prudent? How many times have you seen CPRs increase the size of recoverable assets in an exploration play as it moves into production? ;-) Red

@fjones40 - yes I am invested. 300,000 shares. All I can afford to lose. But I don’t think I will lose it ;-)

@Boyzee - you do realise that accountancy is a total construct designed to enable fraud and deception on a global scale don’t you (sic) ;-)

Boyzee - FFS fortunately I do know what a discounted cash flow is and what earnings per share means (diluted or non) so don’t get smart sonny ;-)

Aye - but I repeated it for emphasis ;-) BTW the KL’s are in play.

@Matteth14 - yep I get it, but the EWT of the KLs is also in play too ;-)