The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
We’ll log testing - explained: good reading for better understanding: https://homepages.see.leeds.ac.uk/~earpwjg/PG_EN/CD%20Contents/GGL-66565%20Petrophysics%20English/Chapter%207.PDF
Might need to wait longer, May be mid next week. Patience is the virtue. Don’t let de- camping squad scare you. It’s your money. I’m waiting and hoping that we have some positive results 👀🕰️
So poor SS is being punished for nothing by the de- ramping squad and the impatient investors.
As you seem to understand the Turkey exploration better, I really wanted it to be explained by you. SS might have a few minutes of peace. I have re- listened to SS’s interview re- Loxley and feel there’s nothing to worry about the upcoming court case. The loonies have to prove that the GOVT. was wrong in taking the decision, ha ha ha. Long live UKOG and GL. I’m waiting patiently 😊
Dilate- Do I read your message correctly that in your view this time around to release or not to release information is in AME’s hand as UKOG holds non operated 50% in this exploration , thus UKOG had to wait until AME passes info to them and only then the RNS can be released?
Traded Action Notifier Price Currency Amount Holding
01-Dec-22 30-Nov-22 Buy Stephen (Steve) Sanderson 0.06 GBX 1,587,301 12,457,310
08-Nov-22 31-Oct-22 Buy Stephen (Steve) Sanderson 0.07 GBX 1,522,070 10,870,009
06-Oct-22 30-Sep-22 Buy Stephen (Steve) Sanderson 0.08 GBX 1,314,060 9,347,939
30-Aug-22 26-Aug-22 Buy Stephen (Steve) Sanderson 0.09 GBX 1,142,857 8,033,879
25-Jul-22 22-Jul-22 Buy Stephen (Steve) Sanderson 10.61 GBX 942,507 6,891,022
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There was a glitz re 11.1 million at 15-38, it’s been sorted out now. You will get to see it later. All good now , ask back up to 0.75 again. JBER the worst MM on this site is on the aether side now , left ask at 0.072, having messed up for a long time. Let’s see if Peel can hold it at 0.075!
Very bullish now. I have loaded another 3 millions this morning, sold my crap stock and put the money in this little baby. Almost all MM’s were at 0.070 p to buy our shares, when buys came in harder, they had to change their strategy. For once got caught! Lucky ones got in @0.0716 this morning- already in profit 🖨🤞🏼
Every 5 million bought at 0.06 and sold at 0.08 gives one £ 1000, profit and if sold at 0.011 which was possible a couple of times gives on £2500 profit. So the decamping squad needs to go back to Maths classes.
No other company since 2021 has provided opportunity to have a 100% profit on investing such little money. Learn to play your cards right. I have taken profit many a times out of UKOG, even last two weeks and then put all the profit back , hoping it works well this time around😊
Would be nice to have repeat of the operational update of 2017 from Turkey- what a memorable for the ones who made a lot of money and the ones who are still carrying the baggage of 2017. Come on Turkey make 2023 a memorable year for UKOG again.
Operational Update
6 Sep 2017 15:47
RNS Number : 0252Q
UK Oil & Gas Investments PLC
06 September 2017
UK Oil & Gas Investments PLC
("UKOG" or the "Company")
Operational Update,
Further Oil Recovered to Surface, Extended Flow Testing Phase Commences
Broadford Bridge-1 and 1z Exploration Well, Weald Basin, UK
Highlights
· Broadford Bridge-1z ("BB-1z") sidetrack completed as a potential oil producer with an aggregate total of 1,064 ft of perforations over eight naturally fractured Kimmeridge zones, including a new uppermost reservoir zone, Kimmeridge Limestone 5 ("KL5"), where mobile light oil was recovered to surface in BB-1 cores.
· Following each of four extensive perforation runs, a pressure increase was observed in the well annulus together with live, mobile oil shows at surface.
· Drilling and completion phases now successfully completed. Drilling rig departed safely from the well site without incident.
· Rig-less extended flow testing phase now underway. Flow testing over multiple Kimmeridge reservoir zones to commence following rig-up of well test equipment. All necessary regulatory permissions for flow testing in place.
UK Oil & Gas Investments PLC (London AIM and ISDX: UKOG) is pleased to announce that, following today's departure of the drilling rig, it has now commenced the flow testing phase at its 100% owned BB-1 and 1z exploration well, located in licence PEDL234. All necessary permissions are in place to commence flow testing of multiple Kimmeridge Limestone reservoir zones following the rig-up of well test equipment.
Prior to rig departure, the well was successfully perforated and completed as a potential oil producer over a gross Kimmeridge reservoir interval spanning 3,920-5,657 ft MD. The perforated section spans eight naturally fractured Kimmeridge Limestone and interbedded shale reservoir units, with a total aggregate perforated section of 1,064 ft. Further to previous announcements, the perforated section was increased to include a further naturally fractured reservoir zone, designated KL5, where mobile, light oil was recovered to surface from core.
JBER & MM’s are playing games : selling 10million + shares at 0.73 when JBR stuck on 0.072- the worst MM on AIM market- I would like LSE admin to read this post, it’s a daylight robbery. Are there no trading rules on AIM market, who regulates these pesky MM’s