Scancell founder says the company is ready to commercialise novel medicines to counteract cancer. Watch the video here.
The Chinese are absolutely storming out of the blocks after shut down .
They imported the largest amount of copper in the last moth as only seen twice before.
They are burning through oil reserves revving up the engines of industry looking to leave the west in their wake .
So will we gat 500dpd from the Commingled HH1 and then Portland Horizontal
Kimmeridge HH1
31 march 2020
"The two Kimmeridge oil pools (KL3 and KL4) in the HH-1 well are now recognised to be one single accumulation 358 ft thick, as evidenced by fluid and pressure data."
12 September
" Prior to the current shut-in, Kimmeridge test production reached a total of 36,559 barrels ("bbl") of dry Brent quality crude at a final metered rate of 313 bbl of oil per day ("bopd") over the final 48 hour test period. Peak instantaneous rates of up to 374 bopd were recorded during this period. Total aggregate Portland and Kimmeridge test production now stands at a landmark 66,127 bbl. Kimmeridge production is planned to continue during the drilling campaign. "
1st August
Kimmeridge oil flow was re-established at initial half-hourly metered rates of up to 332 bbl of oil per day ("bopd"), with continued stable production of dry oil at daily rates of 200-266 bopd. Total Kimmeridge production to date, now exceeds 30,618 bbl with no apparent produced formation water. Following a 5-month shut-in, flow rates and flowing bottom hole pressures appear more stable than during Phase 1 Kimmeridge testing.
Ok a lot can be wrong but I am taking a strong indication from the above information that we have and increase to production coming when production approved from Kimmeridge of a conservative 250 Bopd
Portland Horizontal
23 December 2019
HH-2z achieved initial rates of up to 1,087 barrels of fluids per day and oil cuts of up to 60%, demonstrating the horizontal's ability to flow at rates significantly greater than the HH-1 vertical well. Produced oil, brought to surface via an electronic submersible pump or "ESP", has been exported to Perenco's Hamble oil terminal for onward sale at market price.
9 March 2020
Dry oil flow rates during the initial 48-hour "clean-up" period to date are encouraging, with metered daily rates averaging 223 barrels of oil per day ("bopd"). However, as is to be expected in the early clean-up stage of such a horizontal wellbore, both oil and associated gas rates have been very variable. Half hourly rates have thus ranged from a high of 778 bopd to a low of around 10 bopd during intermittent short periods of "slugging" (i.e. the return of discrete pockets of gas and/or completion fluids).
Ok 60 % of 1000 is 600dopd after water fix and during clean up we have we have 223 bopd averages and we have 778 highs with 10 lows
Lets say be conservative 300 bpd
I would still say we are due 1000 BPD from the wells we have currently drilled and this will be improved with optimisation .
Still also think the Kimmeridge is Furloughed for the future for reasons only known to the management but we know it flows as above RN's and hope its a ruse to clear out partners.
Any way stay positive and don't listen to fake news read the RNS's and remember why you invested over the last Cpl of years
GLA UKOG United for Tymers
BWM wrote this but did not post last week but it applies t oyou spinning untruths .Ukog have RNS's 300 BPD so don't know why you see a future of 135 bpd
Lonely-Shooter
Your post last week
"Yes Sting I cannot wait for this great rns, let’s hope it’s more than 500bopd otherwise you and Tymers are best entertainers here, just make sure investors have a way to thank you for that constant ramp not backed by company facts,"
Lonely the fact is, as you are all constantly throwing around that we are not getting any information from the company .Do I see it as a problem Noooooooo. I read the RNS's
Yes we need more information with regards the delays etc I think it’s acceptable and suits ..
Are we ramping untruths ie not substantiated facts .That I would disagree with although the purists would have reason to question my findings as below.
Do I think there is another 500 bpd on top of the 300 already stated hell yes and hopefully more. lets look at the RNS's.
Portland HH1
28 April 2020
Consequently, with daily flow rates from production start at Horse Hill averaging over 300 barrels of dry oil per day ("bopd"), asset-level opex, inclusive of tanker export, sales and marketing, now equates to $17/bbl.
28April 2020
These include interventions to add commingled Kimmeridge oil flow. If successful, the resultant incremental production will further reduce the field's overall variable opex costs per bbl.This indicates the above flows of over 300dopd are from the Portland Horizon
Prior to the Kimmeridge production switch, which was necessary for the safe drilling and coring of HH-2/2z through the Portland reservoir, total aggregate Portland production reached 29,568 bbl, with HH-1 continuing to produce dry Portland oil at a stable rate of over 220 bopd. Preliminary Company analysis of the final Portland pressure build-up test, indicates that the Portland connected oil volume accessed by HH-1 has significantly increased from 7-11 million bbl to 11-14 million bbl, a robustly commercial volume.
From the above it must be conceded we are getting 300 + barrels per day from the Portland HH few feet of perforation and in fact it tallies all the way back to .
Independent oil consultants Xodus Group's ("Xodus") analysis of flow and pressure data interprets that further HH-1 Portland vertical well optimisation could achieve a forecast sustainable initial 24/7 pumped rate of around 362 barrels of oil per day ("bopd")* when full scale long-term production commences, exceeding original estimates. This analysis is key as it establishes the absolute flow potential of the Portland reservoir for future production wells.
See next Post on Kimmeridge and Portland Horizontal
GLA
Lonely guess you were one of the idiots who thought it was a good buy
No fundamentals compared with now so why the sour grapes aver your own mistake
People here need to look in the mirror
I do as I am down but wont **** the company off as it's my fault
Any way onwards and up wards let's have some flow news
Gla
BWM so putting your arm around Qwerty now use connection techniques as much as you can
Your not weird you are seriously strange
Why do you think all the people on here anti your prophecy of doom are rampers
Seriously ideas of delusional grandeur
Wait for the rns and stop trying to convince us with your sham freindship traits that you have the weight of agreement and thus authority on this board
Theres only one authority and that's UKOG and via RNS's
I remember on ujo heid sussed you out and you were trying to fit in then you went on holiday a d flipped ,turned completely against the whole board untill you bought in on a low
Hows that holding going
If you still hold get over there and do some promotional work I need a rise
GLA
northfork
I agree and think it may make them a bit sticky as well providing it can stay away from the .22's
They wont bail untill they've seen improvement to justify holding to their clients
My wife was with HSBC as financial planning manager for 15 years and AFH for short while
I mumble when she asks me how its going on Ukog and how much I have invested lol
I am fuming who in hell is bloody still buying all these shares????????
Its a damn disgrace cant they read the negative posts on here.
Hang on my wife's just calling me _
What's that love ,what are you saying "no one listens to people on here if they did they would all go mad"
"and send my love to Tymers"
There you go guys as we all know the wife knows best. Happy Wife Happy life
Ukog united
Read the RNS's
Tue, 31st Mar 2020 16:33
RNS Number : 2862I
UK Oil & Gas PLC
31 March 2020
UK Oil & Gas PLC("UKOG" or the "Company")
Final Results for the year ended 30 September 2019
Whilst our primary goal has been upon delivering long-term cash flow from the Portland oil pool, we have also continued to test and evaluate the underlying Kimmeridge oil pool, as we believe this can provide significant future production and revenue upside. We plan to change HH-1 to a dual Portland and Kimmeridge producer in the coming months following a return to stability post Covid-19. Then, in due course, we anticipate using some of the resultant cash flow to drill further Horse Hill well.!!!!!!!!!!!!!!!
The Kimmeridge is still there and can provide significant production. Always good keep a bushel under your hat
Cash flow to drill wells that's what we want to hear.
I note in here and much before the RNS of 28th of April they were talking of reducing cost to align with lowest POO
It is also worth reading the operational overview
Pretty extensive works in various states of planning .I would say held up by the last 12 months shenanigans with SCC,rig supply,,water in toe ,Covid .
Anyway flow results due and Shhhhhhhhhhhhh don't tell anyone who's hidden the Kimmeridge
Ukog united
Hence you are very carefull to make sure you quote properley
Quite a bit of kit arent you
It was complete BS which I have personally reported as well as you for promoting it and I hope BUTD has proper evidence he may need it but he would have to make it up as we all know for instance there was not shorting of this share ,yes down bets but none of ukog shares were shorted by especially AM's
I'll wait for news however long it takes from the company.
Hope to hear something before the week is out but not essential
Ho and I cant stand the take my ball home brigade so invested in my own
Gla
I dont disagree about it been part of the placing as previously stated they may be serious contenders not flippers
We dont know
What was interesting was the amount of buying today
It just doesn't make sense ,good to see but ?????
Probably rerate in the morning but interesting week
Possibly flow news to keep shares in sticky hands .
Gla
Lonely anyone looking at your posts today and yes I read all posts but dont always jumping,they will have seen you start to back track
You started to agree the bottom was reached and then like girl started to cry that even if it went up Tymers still cost people at an higher price
I really have your number .
You are the little insignificant one stood near the fringes shouting the loudest
Your the one that I would take out first ,it always turns out the rest of the gang ,street mob ,forces any group dont mind losing and all step back to celebrate surviving it not been them
Got you down to right sunshine
Tick tock fella
Gla
Argus
Wh are always the placee they placed 459 000,00 to the canadians 8nxtead of ya
Bwm is correct t
Where he is wrong is that the canadians arent flippers
Also where the rest of the 637,000,000 placing gone
Any way I think its positive
We do need even with or without the new holders news
News of flows is king
Gla