Member Info for TheDogFarther

Of course a 20% success rate is 1 in 5. Do you know why. Because 20% is 1/5 of a 100%.

Oily , we are not talking about Jamaica or about GCoS and CCoS , we are talking about percentages and odds. If i am not correct and of course that is possible , then please tell me the correct odds for the development strike at 80% and show me the maths workings please. Until you (or anyone else) prove me wrong, i am sticking to the 4-1 on odds of ASD3 being successful.

Quattro Executive Chairmans CV.

https://www.linkedin.com/in/neill-carson-14a81810/?originalSubdomain=uk

An experienced operator. Im betting on him succeeding in getting this deal through.

Http://envoi.co.uk/wp-content/uploads/2023/04/UOG%20Walton%20Morant%20Update%20Flyer%20April%202023.pdf

Ahh, someone that actually understands what happening.

I know 80% chance is normal for a development well, that's my point. I don't get yours Oily ,what is it ?

Re 4-1 on , 100 % divided by 5 = 20% , 80% is 4 fifths , leaves 1 fifth , hence 4-1.

ScoreAgain, thats my point. UOG is vastly undervalued. I agree that it would have been nice to have the Maria money. However its not essential to fund the 2023 CAPex. Net income from ASH8 is nearly $7,000,000 dollars , on a yearly basis. The planned drilling programme has already been paid for.

"The potential for additional drilling in 2023 will be finalised with JV partners once the results of the ASD-3 well are available"

There is an 80% chance of the new development well being a Gusher. Thats 4 to 1 on. I added £2000 at 1.29 p on the bell. Putting my money where my my is.

Me too. I spoke with a number of their staff a few years ago regarding a project i was trying to get up and running. They have some very clever people working with them. The project was to do with Photonics and this interested me from the Year End report.

Photonics revenue of £88.7m (FY 2021: £68.1m) was up 30% year-on-year on a reported basis and up 18% on a constant currency basis.

Photonics is the future of virus RNA destruction. Think Covid.

Fascts

- ASH-8 well commenced production on 16 March at an initial stabilised rate of c. 2,980 bopd and 2.64 mmscf/d gross (c. 656 bopd and 0.58 mmscf/d net)

That is $17,000,000 yearly income alone from this one well. Remember Market cap is only .£8m

"We are happy to report that the next well in our 2023 drilling campaign has spud at ASD-3, in an area of the field we believe contains extensive unrecovered resources. We are excited by the potential that this well is planned to test and the follow-on development drilling targets it could unlock in a success case. It is also really pleasing to see the continued strong production performance from the ASH-8 well, which supports our view that there is significant long term value remaining in the Abu Sennan licence".

If ASH3 is successful, UOG will once again shoot past 2p. Remember it is a development well. Development wells have an 80% success rate.

Look at UOGs graph. We all now that this will go above 2p again . To make money on AIM ,you have to be Bright and Bold.

Excellent news. Im holding on with a target of 30p.

Sema,i tried to explain that this more than a mistake. If it is simply a mistake, then please give me a rational explanation of how it happened. I await your response with eagerness.

Bromley Boy has sold again. As transparent as a cheap Toilet paper.

HotFinance , ahh i see you are a finance expert. What is your explanation for the RNS cUCK UP. Do you have an alternative to mine.

I worked for a small AIM listed company a number of years ago. I know the number of stages an RNS has to go through to be approved. Client, IR, Nomad, client , Nomad , Client IR. its a deliberately drawn out process , with multiple emails ( and email trails involved ). Any company that makes this "Mistake" is un investable. If your looking for a Real Company with a massive clean energy Upside , take a look at HARL and its IslandMagee project, soon to get official Go ahead.

Jono 21st March UOG price 1.20p

"Now I'll tell you who are idiots.

Anyone who listens to the rampers that will be going all out today to get others to buy in."

Who is the idiot, when you could buy for 1.20p and sell a few weeks later for 2p.

Jono post 28th March UOG price 1.17p

"Some people are just making an absolute fool of themselves on here thinking everybody that reads this bb is going to believe them."

Who is the fool. I bought and he didnt. Listening to Jono cost you money.

All anyone needs to know about Jono is that he bought in at 5p and sold at 2p. He claims to have made a profit. Work that one out. Listen to him if you want to lose money.

Thats very true Forrest. But, Stokey seems to have taken a "Hiatus". However, Stokeys gems of information did not come from an RNS, they wouldn't have been Gems if they had. They came from research that he had done, in information that was available to the public, but not easily accessed There is a clue there for you..

Strange Bromley Boy how you read the posts of a Filtered person. Just another one of your lies.

True RollyPolly, my English isnt all what it should be after , not a six pack, but a expensive Claret . However it does seem to be much superior to yours the next day. Regarding working. I was lucky enough to build a business in London and to invest in a number of properties there . I dont need to work.

I have been spending my time usefully ,speaking with the Office of Judicial review NI, Kings Bench division, regarding as they called it "The Caverns Case". You would be better off doing that yourself , than posting nonsense and eating doughnuts.