Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
As soon as YA Scumtraders sell this £200K They will take another tranch, they have £3M still to go. Then when we reach 0.85p ("Magellan") Tellurian Investments LLC will be back for another 300Million odd shares to sell.
S.S. has to get the oil flowing it's the only way
YA Scumtraders. They would be better off, as would the rest of us if the weren't panic selling.
I did post something, and posting it again as it's about the first thing I got right in all the time ive been with lse
Blue day or How I'm feeling31 Jan 2020 08:16
Tellurian Won't be selling at this price and YA must have gotten through their last tranch. So perhaps for a day we may get some relief. and each day were closer to hh2 giving up it's black gold.
atb.
Would it be the case, that when they use the tool for testing whereabouts the water is entering the well, they will have to flow the well. So the eyes should know when the tests begin with waste tanker movements removing the water from site.
I expect that is what we are looking for next yet, doesn't prove success or otherwise.
Hm! This could have a pointless answer !!
Tellurian Won't be selling at this price and YA must have gotten through their last tranch. So perhaps for a day we may get some relief. and each day were closer to hh2 giving up it's black gold.
atb.
RNS has given what we have been moaning for, Information. it wasn't as good as we hoped but it does give us a timeline to work to. February ! Not that far away. Next RNS Late February / early March will be the one to either Buy or run for the hills.
GL
Just can't believe anyone these days, everyone lies through their teeth to get their point across. This is a link showing a wind farm just south of Glasgow, Not every tree is cut down, hardly any in fact and most wind farms are on elevated locations where the land is more barren and used for sheep.
https://www.google.com/maps/@55.6555181,-4.2672528,1876m/data=!3m1!1e3
A farmer 1/4 mile from my house put up two wind mills, not huge commercial ones, I don't mind seeing them but they can be bl00dy noisy likke living at the end of a runway only it's 24/7 on occasion. I'm not pro windmills and would advise anyone who knows of a neighbour going to planning for one or more to object or live with terrible nois
An indication of what would be involved with a pipeline to I.O.W. Time and cost
https://www.heart.co.uk/southcoast/news/local/new-20m-gas-pipeline-iow/
Riverfort, Will still have over 20% of the new companies shares to push onto the market, ( around 120M ) at the current price if they could convert now. 1p soon is pie in the sky. All current assets are either worthless or negative in value.
The gas field is far to far away to bother with, only hope is Balcombe, ANGS even backtracked on that with a projected Bop of 300 after initially saying it was slugging at 3,000.
If anyone wants to invest in this, ensure you can afford a Loss.
G.L
A decent CEO would have given out a statement by know trying to prevent this drastic decline in the SP.
However, going by past performance, it might actually be best for him to keep his mouth shut.
Always seem the worst right before they improve.
Wonder when UKOG will tell us when that will be. maybe after SS gives himself a 50 million share option at 0.5p
Reached my topping up price a week or two before I expected it, if it was to get so low.
Bought 200000 UKOG - UK OIL GAS PLC ORD GBP0.0001 at a price of 0.7275p
Nice to see something happening although we have no idea what. Anything is better than standing still.
Good answer Mirasol. I hope that's it.. rather than the lie SS put in the last RNS. about the Looong shut in being planned.
Question is. Why haven't they begun to do this easy water fix ?
The long term shut in was not scheduled as said the latest RNS. That's a lie.
What was said in the previous RNS. is
The HH-2z EWT testing programme will commence with a planned sequence of normal well "clean-up" operations, designed to ensure that the well can deliver at its full production potential. The clean-up process will run in tandem with flow periods and pressure build up tests.
.........................................................
No long term shut in was planned. S.S. should explain the change.
.....................
Expecting a knife or two in the back for saying the above but it is there in black and white.
What is the purpose of the long shut in?
S.S. had said they were going to be producing from both wells before end of 2019.
We hit some water.
Why isn't it being dealt with? Now !!
They may never sell, changing their stake in the game from a % of direct ownership , to shares to UKOG means they have the same % share at the moment for that portion. but don't have to contribute to any more cash calls for drilling.
I think! ( they still took some cash and reduced some % )
atb
Wont be stuck here forever.
I'm assuming in the new year when the rig comes back HH1 will begin to produce from both the Kim and Port simultaneously. From RNS today. " Furthermore, upon establishment of stable oil flow from HH-2z, a short HH-1 intervention is also planned to further optimise both Kimmeridge and Portland test production from the vertical wellbore "
market hasn't a clue what its doing. HL have sells at 0.81p and at the same time. Halifax has price band of 0.75 to 0.8
probably go blue later.
knee jerk reaction to RNS. Seems most people don't understand what we really have, This is Not Brockham. it had water but it also had No oil.