Member Info for SRBS

Trish 63 , your guess is as good as anyone else’s. SS. Is in the habit of not mentioning things which he thinks are not worth mentioning. I personally think that we’re on a HOLD until we get the court decision in August or later or SS gets any other deal, which again possibly won’t happen until Loxley court results. One needs to hold nerves or sell and get out! At least the MM ‘s are holding the price, but UKOG market size has gone up to 5 million shares from 1 million market size , make it whatever you want to!

I’m not sure if UKOG wil rise to0.80 but all I can see is a blood bath across the stock market . It’s not only the the Oil & Gas stock which is in RED and dropping , all the bank stock is in Red. As a matter of fact looking at the market- AIM or footsie 100, UKOG is holding the best , sticking between 0.056- 0.059 for a few weeks. The money seems safer in UKOG at the moment than in any other stock, all of my stock is in negative- very depressing Red bath, would have been better off selling everything end of APRIL and kept my £6000 profit in the bank but that’s life , greed always takes over the wisdom and no one to blame now but my own actions!

“Nigel Farage bank account shut for falling below wealth limit

Nigel Farage fell below the financial threshold required to hold an account at Coutts, the prestigious private bank for the wealthy, the BBC has been told.

It is understood that he was subsequently offered a standard account at NatWest which owns Coutts.

Last week, Mr Farage said he believed his account is being shut for political reasons and he was turned down by seven other lenders when he went elsewhere“.😊

Singhie- 👌👏Well said. It’s the people who’s voted to get out of EU- Brexit - need to look at what they have done to the country: cut the tree down , where they were sitting. Some of us are lucky enough , the ones who have no mortgage and money to earn on savings. However it’s mostly those who voted for Brexit that are suffering more. God help all. Just put in more money into ANGUS and hoping for better prices in August!

Glad to see Ap moving up in the right direction after all the de- ramping for days, pi’s happy to pay full ask price of 0.060 p now , already up 2.63%

Keep on de- ramping it has no effect on the UKOG sp💰🚀

Then make judgments :

£3 million funding facility

Today 07:00

RNS Number : 1120E

UK Oil & Gas PLC

28 June 2023

UK Oil & Gas PLC

("UKOG" or the "Company")

£3 million funding facility

UK Oil & Gas PLC (London AIM: UKOG) is pleased to announce that it has secured a £3 million committed funding facility ("Loan") with RiverFort Global Opportunities PCC Ltd and YA II PN Ltd ("Investors").

The funds will fully fund working capital necessary to progress the Company's key planned activities over the next 12 months, which include:

· Turkey: further testing of Pinarova-1 and further drilling preparations/studies

· Loxley gas discovery: discharge of planning conditions and preparations for site construction, plus a potential farmout to cover the planned appraisal and development programme,

· Horse Hill field: water reinjection work-over, preparations for 3D seismic acquisition and drilling Horse Hill-3 under the previously announced farmout to Pennpetro

· Portland hydrogen storage (UKEn): Planning application work and conceptual engineering studies.

Facility Summary:

· 3 committed tranches: £2 million receivable no later than 2 days after completion ("First Tranche"), £0.5 million receivable by no later than November 17th 2023, and £0.5 million receivable no later than February 16th 2024,

· Further advance of up to £2 million by mutual consent,

· 0% interest, repayable 18 months after each advance,

· Company retains a right to repay any outstanding amount of the Loan prior to the expiry of the term, subject to a repayment fee of 10% of the outstanding balance,

· Company can raise cash via equity as it may see fit during the Loan's term.

Loan discharge terms:

As part of the package the Company will issue to the Investors ordinary shares ("Equity Shares"), which represent between approximately 37% and 51% of the value of the First Tranche, or 1.3 billion new ordinary shares, dependent on whether the shares are valued at the Variable Price or Fixed Price, definitions of which are stated below. The Loan may, at the sole discretion of the Investors, be repaid by first applying the Equity Shares or, provided all Equity Shares have been applied, by converting the Loan into new ordinary shares in the Company. The price at which the Loan may be discharged either by applying the Equity Shares or converting the Loan is the lower of:

· the Variable Price, being equivalent to 100% (i.e., zero discount) of the Company's lowest daily volume weighted average price ("VWAP") in the 15 trading days preceding the conversion date or the date the Equity Shares are applied to discharge the Loan; or

· the Fixed Price, being the lower of either a 35% premium to a Reference Price being the average of the 5 daily VWAPs prior to the date of the relevant Loan drawdown (i.e., 135% of the Reference Price) or the lowest price at which the Company has iss

Well done SS- for the first time you have played your cards well as UKOG is in a Win- Win situation with the court case and the potential Hydrogen storage- if UKOG wins the case then the sp should go up and planning for Loxley begins and no funding issues now. However just in case UKOG doesn’t win then Surrey council has to compensate UKOG for all money spent for development. This is the time to Top up and not sell- I have added 3 million shares this morning before the bid went up to 0.055p, happy to wait, lots of news in the pipeline. Not expecting it to jump to 1P ,realistically 100-200% possible with a few positive news. What’s the problem with that, feel sorry for those who sold at a loss. Come on UKOG you can do it!

Just noticed the change in market size: it has gone up from 1million to 5 million, thus each MM is investing £2750 to provide trading facilities: what’s up?

Today 07:00

RNS Number : 1120E

UK Oil & Gas PLC

28 June 2023

UK Oil & Gas PLC

("UKOG" or the "Company")

£3 million funding facility

UK Oil & Gas PLC (London AIM: UKOG) is pleased to announce that it has secured a £3 million committed funding facility ("Loan") with RiverFort Global Opportunities PCC Ltd and YA II PN Ltd ("Investors").

The funds will fully fund working capital necessary to progress the Company's key planned activities over the next 12 months, which include:

BTC is already over 29k now and after a very long time I have dipped my toes again in ARB , also hold a lot of QBT. Let’s see where it takes us this time around!

A big thank you to you Sarah for free publicity for Horse Hill development”, carry on the good work , we might get more punters to buy UKOG shares😊🤞🏼

“Students berate Just Stop Oil protesters making them late for class”

What’s cooking here another over a million buy just gone through?

UPDATE: UK Oil & Gas backs Loxley decision amid legal challenge

Thu, 08th Jun 2023 21:13Alliance News

(Alliance News) - UK Oil & Gas PLC on Thursday backed an earlier decision for planning consent at the Loxley gas discovery, in the face of opposition to the Surrey development.

UK Oil & Gas said it is still "firmly of the opinion" that decision to grant planning consent for Loxley gas discovery was lawful.

Surrey County Council previously refused permission for the proposal in December 2019, but following a public inquiry in 2021, planning inspectors recommended that an appeal against this decision should be allowed.

Housing minister Stuart Andrew later approved the plans for UK Oil & Gas to explore a site in Dunsfold in June 2022.

"The company and its counsel remain firmly of the opinion that the secretary of state's decision to grant planning consent for the Loxley project was entirely lawful. A judgement is expected to be handed down later in the summer. Full planning and environmental consents remain in force," UK Oil & Gas said.

Campaigners from the group Protect Dunsfold and Waverley Borough Council brought legal action over a government decision to allow an exploratory oil and gas well to be dug near the village of Dunsfold in Surrey.

The proposed site is located in the Surrey Hills, in an area of great landscape value, and sits on the border of an area of outstanding natural beauty. AONBs are places that have been designated for conservation.

After the government's decision to allow the exploratory drilling, the area's MP and Chancellor Jeremy Hunt called the move "bitterly disappointing and wrong both economically and environmentally".

However, on Thursday, the group and council were given the go-ahead to bring a legal challenge.

Shares in UK Oil & Gas fell 4.8% to 0.060 pence each in London on Thursday.

By Eric Cunha, Alliance News news editor

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

the fca announced the adjustments to its rules on the promotion of crypto currencies to uk consumers as it revealed a huge increase in the number of people owning digital curr:(hot from the press)

people tempted to bet their life savings on bitcoin or dogecoin after one ****tail too many are to be protected by a 24-hour cooling-off period for crypto dealing, to be introduced by regulators this year

Hello Green lines , can’t read what negatives you writing , you guys/ girls have been filtered since 2017 onwards. Let’s go up North, made 100% profit at QBT , still invested and the profit back in UKOG, wasn’t glued to this rubbish message board, was making 💰😊

Fantastic to see 6.78% rise after the downturn and I managed to load up at .060p and 0.61p. Come on Loxley, let’s bring some life back on this board, not waiting for Turkey for a while though! Loxley and HH will do, done well at QBT for the past two weeks 😊👀

All Shorts have been closed now! Fantastic, glad I topped up this morning. Let’s see where it takes me now, ☺️

ZYX098:

😀😅😂👍🏼

England Cricket Team bus blocked by Stop oil loonies, ahead of Test match at Lords😇 The protest group defends its action by saying that”team might know a bit about a batting collapse”, but climate change is “ our biggest test” , . God help us from these loonies, they need to find a proper job.