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2nd timer when the price was 8p you should have got out
They had 2 tenths of **** all to their name
If you came in troughing then that's your problem
The fundamentals have massively changed albeit on a SCC, rig problem,covid,oil crash ,water issue delay
Greater percent of HH ,planning in for two more oportunities, 300 bpd from Portland waiting news on commingling bpd and also Ewt news
Time will tell and we will have peace and quiete either way
It's hard at 10p a post I'll be here for year hopefully 25 :-)
Gla
Bwm
You are joking arent
I'm invested there and we are due a EWT revisit ,wressle oil flow etc etc
Would I spend all day trying to persuade people to leave at a loss here and take money there no way
I will stick with my investment here
Try not to mention shares in issue ,placings and ya ,telurian etc etc
We all hear you and we are all grown up enough to know
Overhang clearing,results pending ,oil price going up a d CPR on it's way
Gla
Backwards
Your every word is slight of hand 5 or 6 tankers
You know we haven't commingled HH! and not got HH2 fully up
So you know it wont be that many and hence teeing up the obvious
Then your paragraphed oil not waste
You just can leave it alone can you .
You are a joke mate and no we aren't going to buy UJO and no we aren't heading for the gate
GLA
Mirasol
Do you really and this is a serious question see people lying about the possible success of this company
I see a few camps
1_Tymers who as cut back his big figure future
2_Myself and others who believe in the fundamentals and maybe not as smart on the nuonses of the rns but will stand by the 300 bpd and commingled and horizontal addition with ergonomic growth
3_Then there are people who are long term holders who like yourself are cautious but I'm sorry are causing negativity against a share they hold but just chipping jn
4_We then have holders who look at the statistics of bpd ,earnings ,potential
5_Then we have Penguin who stands alone basically an holder who is into the ins and outs of a nats arse and frankly good reading and I take note of everything he posts
6_Then we have BWM who think he invented investing and is just telling us the bloody obvious each day. People like Tymers fly back at him myself and group 2 are just ****ed on getting told the negative when we realise both sides of the coin
7_ hangers on to any one who can put up a good negative argument or in some cases any negative argument
They are split into
7a environmentalists
7b Nimbys
7c Just looking to spar and dig .The little **** I would target from a group in a fight
When hit they squeal loudest and their mates stop and back off happy it wasnt them but not giving a crap
Gla 5 and above
Mirasol
There is no good news because we are at 300pd from Portland Hh1 and not commingled Kim's
Portland horizontal still wet and possibly shut on or doing lots of low key ,low personnel testing like pressure build up etc
Give it time man
Remind me your a disgruntled holder aernt you please tell us as we like to know where we all stand
Gla
Penguin is right albeit much more eloquently than most detractors .
UKOG Shouldnt do anything other than get planning under their belt for Dunsfold and Arreton after all is covid risk averse putting resources and already easily remodelled responses in place.
Physically doing the work at site level will set us back about £6m and 10m respectively
I'd rather see HH improved to increase ergonomic growth and RBL funding
Placings in Autum will flatten the share for several years . There then is as Penguin says the percent chance of success factor to think about!!!!
I will put a marker down in early June there will be another cash payment of 75k to Ya I think Zoom is right 300 bpd is only 1 wagon every day and two every other day.with lockdown I think we have only seen two thirds of thec40 tankers a month
It's small steps but slowly coming
Long wait
I know where yo are coming from and I took 25k to 48k on Ujo until it got beached at .39p
I'll wait just like I will wait here
Some good post this last few days about patience and waiting,house prices etc.
Not needing to sell
Tick tock
Yes seems we have got a tide of traders just lately hence the noise on the board
Each to their own but its all spike and dumps until overhang cleared
its not a problem just need to let it work through and let the business end take care of the price in the news to come.
GLA
GLA
Not sure as much as you say but 3 time will do it at 900 dbd as previous RNS's
Given the knowledge of the Portland's true flow potential, plans are now being formulated to drill either the HH-1z sidetrack or HH-2 new drill as a horizontal Portland appraisal well, with a targeted* sustainable daily production rate of 720 to 1,080 bopd, 2 to 3 times the forecast calculated* HH-1 vertical well rate of 362 bopd. All planning permissions, Environment Agency permits and the HH-2 well cellar are in place for a horizontal well. If successful it is envisaged that all future Portland production will be via horizontal wells.
Intresting on old RN's which commented on Portland connectivity
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
Give it a week or two and we will see some news
GLA
How much was SS paid in the past years with a build up of Option costs
how many million of them have passed and not been taken .
Hence remuneration last year.
Further options are not seen as remuneration as almost all of the time there is never a right time to exercise them.
I believe they decided to award bonuses for the options not taken.
it would have been based on better progress last year which was frustrated by the SCC debacle and then issues with water and covid
I wont be moved just yet and continue to watch with interest