RE: UKOG Business model16 Apr 2019 18:00
Look lets not pretend they're not in it for themselves but the reason I'm invested in UKOG is because it is obvious they looking to pioneer/ lead oil exploration in the Weald, particularly in the Kimmeridge prospects that are largely untapped. Far from being a lifestyle company. At the moment it feels like they have struck gold at HH and are using the relatively well known Portland play as a vehicle to further their kimmeridge aspirations. The Portland at HH one could argue seems to be somewhat factored in the SP. The question for investors is how big is the Weald kim play and at what cost can it be exploited. I'm can't wait for HH1-Z personally!