Member Info for Stocktaker01

Of HHDL now. Mmmm. Wonder why we would want that ??

our10M tranche buyer will pop his head up soon!

We’ve had 50% rise in a week. Bound to fall back a little. I think something is a foot and good sentiment is returning but today is for the profit takers. upward trend will continue tomorrow. Imo

Not true. From recent RNS's it is clear that SOLO are almost gone and PRIM are gone, both these selling off has been holding this share down. We are currently below pre-flow test levels at which stage there was no guarantees. We now have good flow rates demonstrated from all of the tested zones Portland and Kimmeridge with Portland already officially declared commercial and a CPR stating the OIP figures imminent. the same will follow for Kim. This with national news coverage which has clearly drawn new interest and the additional drills on the horizon makes there very good reason for rise. We now have concrete evidence of OIP as well as having it flowing with substantial revenue. we are in a much better place than we was when this hit 10p! Don't be so sure we cant get back to them levels just off the back of what's above and a TR1 showing institutional investment that can could come anytime on the basis of the recent trade volumes. AIMHO

Classic early morning aim treeshake. Back blue by 9am. Anyone?

Absolutely correct 37b. All those going on of it’s such a good investment why doesn’t SS take up his options? I for one am glad he doesn’t and when he does I’ll be looking for an exit!

Agree Zoom. Whilst I’m sure he’s happy to get rich along the way I’m with you. While the rest of the world doesn’t know what UKOG are onto exactly he’s been able to snap up more and more acerage and share cheaply. It’s either smart or he’s accumulating a big load of nothing. I’m thinking the former. Not great for holders nerve but I’m confident we’ll be rewarded.

Oversold. 1700 by the new year IMO!

But he has no say in the share price. I must say I find it strange that this is going down but as holders we can only hope that the facts are reflected soon enough. The EWT has gone exceptionally well and we can continue to flow right up until production. It doesn't get any better than that! as wizard said earlier the SP is not taking into account the 2 commercial declarations that will give UKOG oil reserves when the CPR is published. That will be the making of UKOG IMO!

tweet granted chambers

spot on degsy

IMO.

Amazing how you can write an article and put a negative twist on it without lying. In contrast this one anwares pretty much all the questions raised.
https://www.getsurrey.co.uk/special-features/angus-energy-begin-flow-tests-15424862?utm_source=twitter.com&utm_medium=social&utm_campaign=sharebar

storm in a teacup

yes he can. so why take now? for me its not about him waiting till the risk has gone its about him not tieing up his cash needlessly. he could buy today and sell tomorrow he would make a tidy profit. put it this way even if UKOG fails (which I very much doubt) SS will take them options and make big£££ before it does). I think he'll only take them when he cannot justify extending the options any longer or he intends to sell.

Consider this? if he takes his share options his money his tied up and he will sell when he sells at whatever profit. The thing is that the option price is guaranteed so he can take them at that price the day before sells- he will make the same money if he had bough a year ago/ last week / whenever!! So why tie the money up now? he can have it in some other investment making cushy 5% and still make the same money on his options. It would not surprise me if this is exactly as he thinks and for me him taking his options may well be an indicator that its time to sell!

If you believe that HH will be another Wytch farm as do I then consider that 33% of Wytch farm passed hands from premier to Perenco last year for 275m. Food for thought.

Agree somewhat. Still think we should be well into the 2's now and that can happen anytime. As you say though it was the Bouygues that really got this going north last year and that's what will be required to move us beyond 150/ 200m Mcap. Never know at these levels such a buyer could also come anytime. IMHO

what's happened here last few days. This should be upper 2s now! Hopefully once we start witnessing 4 tankers a day from KL4 the madness will stop and we'll move to where we should be! GLA

agree willow. we still have the monster that is KL4 to come and the combined kl3/4 test which promises to be huge. SS has stated that basically we will be "producing" right up to HH-2 spud! also any hint solo have sold out and this will move north.

from SS in the RNS

"We now look forward to the forthcoming KL4 EWT programme and the prospect of KL3 and KL4 commingled test production that will take us up to the spud of the HH-2 and HH-1z production wells in 2019."

so there we have it. plan is to continue testing of KL3/4 after KL3 up until spud of HH-2.

IMO. the RNS confirmed what we already knew really. great to have commerciality of KL3 all but confirmed from UKOG themselves mind. We knew form the 2 tankers a day that were leaving site approx 400 bopd were generated. That no. not taking into account the vast amount of downtime / pressure lock-in within the 30 days, so we can speculate 600-700bopd imo. What I had been expecting for sometime now was some initial figures from KL4 but that's still to be tested apparently.. That's the pay day in the short term.