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FKCapital 23 Dec 2020 12:38 - The Only Way Is Up! - Fasten your belts, fill your boots and enjoy the ride!

Well you did not hang around for long!
Come on get back on board the rides only just started .. ;-)

GL SR

I wonder what this would do to the sp, esp if output at HH increases, and Turkey is a success.

Oil prices could go as high as $100 a barrel next year on the back of “very easy monetary policy” and reflation trade, Amrita Sen, chief oil analyst at Energy Aspects, told Bloomberg

https://oilprice.com/Energy/Oil-Prices/Could-Oil-Prices-Break-100-Next-Year.html

I must get up earlier in the morning.... lol

Funky - you've got more than me, but the important thing is at what average price your 25mm shares are sitting at - like I said earlier I'm currently 1.5% down, and I've got more money in here than RR.

I am HALF expecting UKOG to drop a bit more, maybe another 20-30% and if it does I'll buy again as I do think that would be the bottom. If that happens and my strategy works out right I'll be about 10% down when the sp is at rock bottom at which point it could rise 300-400% or more on good news or the anticipation of good news.

Of course it may not go down much from here, and there may be an event which causes a sudden spike. Well in that case, I've got my little wad in here already.

I do feel sorry for the It's, but now is the time to average down if they can AIMHO

GL SR

Qwerty59 - did you see the tip re: United Kingdom Oil & Gas - still money to be made there imo

GL SR

Swizz - I've seen your comments re: RR - I've built up a holding there - got about £7k and currently 1.5% down - I'm sure I'll see a profit ;-)
GL SR

Oh ok, so an individual buying £100k now could make at least 10K in the next 4mths - sounds good to me!

GL SR

Fizzy - "Tell the sp again, it can't hear you"

What's the highest price you think the share will reach in the next 4mths? - Genuine question

Very quiet here this morning - good time to watch the first 7 minutes of this video of Handforth Parish Council Planning & Environment Committee Meeting - be warned if you've got a weak bladder you'll need to be near a toilet as you'll be pi55ing yourself with laughter. And we thought SCC meeting was a disaster ...lol

https://www.youtube.com/watch?v=lgGmYeAm0jk&feature=youtu.be

Brent Crude $59.18

0.99p here - think it will go higher, but like to get out before the masses 'ARRIVE' ...lol
GLA SR

Beat me to it m8 ...lol

There was nothing new in that report, RR will rise like a Phoenix from this carnage, and it may be sooner than some think - Power to the People ;-)

"There’s no doubt that these reports are intended to create maximum fear amongst retail investors and to push them to sell their shares as quickly as possible.

That is market manipulation. Plain and simple.

Their MO is to short weak, vulnerable companies by putting out negative reports that drive down their share price as much as possible."

https://oilprice.com/Energy/Energy-General/Naked-Short-Selling-The-Truth-Is-Much-Worse-Than-You-Have-Been-Told.html

At the time it was 0.125p v 0.13p so approx. 4% - could not even get a dummy trade.

$57.19 currently

My (top up) buy order for £2k @ 0.13 never got filled - not yet anyway!

35 posts re: UKOG in 30 days does not indicate a lack of interest to me.

Forget my last - should have went to specsavers ;-)

Well this is what HCA posted on ADVFN - so one of these production figures is incorrect.

Reporting Period Month 10
Reporting Period Month Name October
Reporting Period Year 2020

Oil Production Mass (tonnes) 197.12
Oil Production Volume (m3) 233.00
Oil Production volume (mb/d) 0.05
Oil production density (Kg/m3) 846.00

Associated gas production mass (tonnes) 4.28
Associated Gas Production Volume (MMscf/d) 0.00
Associated Gas Production Volume (ksm3) 4.00
Associated Gas Production density (kg/sm3) 1.07

Field region LAND
Reporting unit name HORSE HILL
Reporting Unit Type Code T
Reporting Unit Type Description Onshore Oil Field
Operator Organisation Group UK OIL & GAS PLC
Onshore,Offshore Flag Onshore
Reporting Period in yyyymm format 202009
Reporting Period Month 09
Reporting Period Month Name September
Reporting Period Year 2020
Oil Production Mass (tonnes) 376.47
Oil Production Volume (m3) 445.00
Oil Production volume (mb/d) 0.09
Oil production density (Kg/m3) 846.00

Associated gas production mass (tonnes) 15.52
Associated Gas Production Volume (MMscf/d) 0.02
Associated Gas Production Volume (ksm3) 14.50
Associated Gas Production density (kg/sm3) 1.07

Water production mass (tonnes) 179.60
Water production volume (ksm3) 179.60
Water production volume (mb/d) 0.04

Ibug - yes I have considered all the extra expenses, but that's not the point I was making.

GL SR