Member Info for Stocktaker01

There could be massive placing coming ..... pass it on.

Also consider it has been stated that ANGS are not allowed to bring hydrocarbons to the surface without the EWT equipment in place- an environmental requirement. Hence if they are "cleaning-up" the well the equipment must be in place!

About 3.5:1 and we drop. Yesterday’s news was great after the radio silence regarding brockham. The preparation for flowing will start in less than 2 weeks. I fancy this to rebound on the run up! It’s not unusual for the anticipation of drilling/ ewt to have a major impact before there is even “a spade in the ground”.

I’m not sure who this has dropped on today’s news. It fell due to fear brockham wouldn’t be tested now they are preparing to test and it falls further. Not sure if it will drop further but yes the herd will be here for testing.

DOR selling brockham to angs is my best guess

TBH I'm giving serious thought to dumping my ANGS at a loss and coming here. the board there need to communicate wtf is going on the Brockham!

Cheers i'll look into this. Looking for entry here but the volume today does not substantiate the rise and I've learnt to be weary of placing's around times like now with oilers. Not suggesting it will happen, looking good here, but timing is everything on AIM.

oh come on if you done your research you will know that flow is being choked on a vertical well and a horizontal is to be drilled imminently as well a side-track to target the kimmeridge zone. Those two alone could see the production upped 10 fold from where it is now- let alone what the other drills planned will do for UKOG/HH. Admittedly if you just take the 220bopd number in isolation the mcap looks vastly inflated but we know the potential of HH not to mention all the other weald /IOW drilling rights UKOG own. Anyway I'm thinking of coming in here. How are UJO looking for cash? We all know that UKOG aren't the only oiler in AIM that do placings- particularly around flow testing hype?

Yep someone tweeted equipment was leaving West Newton... follow speculation drilling was finished and rig would follow and promptly be delivered to HH. Some enough but not yet IMO.

Seadoc that's fine I'm just providing an alternative argument and one I believe SS sides with. I get it. I'm way under water here too and at the moment it feels like us shareholders are getting hammered. However if you believe in the weald concept, which unless you are a trader looking for quick gains I'm assuming most investor here do, then you can appreciate the idea of buying up as much of the drilling rights as possible before certainly the kimmeridge is proven. I think its true that SS doesn't care much about the SP in the short / medium term because he's trying to build mid cap oiler on the cheap. The guy is no idiot I believe has more substance than the vast majority of AIM CEOs. Time will tell. GLA.

my guess will be a further extension under the guise of EWT on-going (production) = closed period

Ipad his buy in price is guaranteed by his options regardless of what the share price is at the time he buys. I have said before, in his shoes I would only take up those options when I intended to sell them. What the point in tying the money up for years when you can make the same money by flipping the shares in a week? Those options, as well as maintaining his professional record are plenty reason for SS to make a success of UKOG and increase the sp. When he finally does take up the options I will consider very carefully as to whether that is a good time to SELL!

A few decent buys going through. I’m hopeful but without knowing the direction for brockham wouldn’t be buying 10ks. Maybe someone know more?

Seadoc it’s all week and good trying to value an oil exploration company but your maths doesn’t explain how we hit 10p on zero barrels a day does it?

Best way QWERTY if you believe its such a dog. That's what all the moaners should do- sell up. Either that or just take the opportunity to average down if you can and know that you will be waiting for the drilling of HH-2 before anything drastic happens with the share price. If you can't wait a month the former is the better option. However a word of caution to sellers - this went to 2.7p just on anticipation of HH-1 EWT having been down at the 1p level and before that went to 10p shortly after being down around 1.3p on anticipation of BB drilling. So it could be that 12% could be seen as loose change once this rebounds. I'm thinking 100-200%.

agree. a few weeks and you might miss the boat mind. anticipation of drilling / EWT has seen this share at its peaks!

For the big buyers to keep accumulating.

I had considered this BUT I think its doubtful they would look to drill all at once. Too many technical considerations. I think is better they walk before they try and run.

0.6% in the blue.... all aboard!

Brocal it quite simple. if the trade was done above the mid point (share price) it is presumed a buy, if its below it is presumed a sell. LSE / any other platform are not privy to the actual trade details. It not that they are trying to mislead just that they report for indicative purposes. The red / blue can be wrong in the moment but even more so when trades are reported late or large trades to order are completed since these will have been filled by a series of trades at different prices and are only reported when filled and deemed red/ blue according the mid point at the time of filling- not the average of the mid-points at the times the trades were executed. Hence you will get discussion on these board with large trades reported late as to whether they were actually buy or sell.