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Hitting 0.26p on the Google tracker now... :-)
Loxley inquiry in July.... we hit 0.50p on the initial Loxley planning so a bounce back there on Loxely alone in the short term.
But Turkey will blow that out of the water.....roll the trucks and let's get cracking....nice summer coming :-)
Defined Director Share Purchase Programme :
https://www.lse.co.uk/rns/UKOG/defined-director-share-purchase-programme-cu8hucfwhftj89a.html
This seems to be a re-rate in progress based on the new director demonstration of confidence to commit to continually buying stock going forward.
They know this is going to be good :-)
Director interest now properly aligned with shareholders..... time to buy.... as it seems a lot of the market is now thinking and the new found confidence is spreading :-)
You could be paying more tomorrow and every day if we are indeed seeing the start of a 2017 type run.
With director buying now confirmed and Turkey Iraq size oil fields drilling about to start AND a rising oil price..... it looks like we set for a massive upswing here..... back to fair and true value.
Maybe 3p in the short term and then push on to whatever the Turkish production numbers justify.
Remember they have an initial FIVE well plan with more sites in application.
Just the start ....See chart for 2017. Same rise developing here but the potential now is so much greater...
See chart for 2017. Same rise developing here but the potential now is so much greater...
Bad Pingu spinning the truth as usual.
I'm referring to the report last week around Diyarbakir : https://www.hurriyetdailynews.com/oil-to-be-extracted-from-3-wells-165065.
Diyarbakir is on the same level but about 160km West of Siirt, close to where UKOG are drilling.
Turkey is demonstrating massive resources ready to tap in that report
2,800 to 3000 barrels per day per well will do very nicely!
Especially at future oil prices expected to keep rising to and through $90 per barrel this year according the Bloomberg recent interviews with industry experts.
They even expect it to break $100 next year and keep going.
Retirement planning well in operation here :-)
Should be some interesting pictures to come from the company this week on the Twitter.
Last week we had some very encouraging satellite images.
Road done and well pad and site all done. Might need some time for cement to cure but we don't know exactly when it was cast or the composition so we cannot predict when it will be technically ready.
The rig could turn up any day..... that's ignite the market :-)
Especially with the numbers (2800 and 3000 BOPD) out of the wells 150km to the west reported last week.
Iraq size oil fields :-)
This will "Fly" on Tuesday with this news..just in line for the "Turkey Gusher" News.
Market closed on Monday :-)
Three days to develop a new update from Turkey too..... 10 minutes left to buy in for the jump :-)
That puts that trolling complaint to bed and shows their level of confidence in the company.
Although they already have options this further aligns director interests with shareholders since they become active shareholders themselves.
They'll probably carry a few more votes than the £10 oust the director movement on here too :-)
Looks like XR are going to have to find more money to have some influence.
Looking increasingly positive now.......a Turkey isn't just for Christmas.... it's going to be very popular this summer too :-)
That's puts that trolling complaint to bed and shows their level of confidence in the company.
Although they already have options this further aligns director interests with shareholders since they become active shareholders themselves.
They'll probably carry a few more votes than the £10 oust the director movement on here too :-)
Looks like XR are going to have to find more money to have some influence.
Looking increasingly positive now.......a Turkey isn't just for Christmas.... it's going to be very popular this summer too :-)
Ignore the noise from the trolls trying to suppress this report showing Turkish potential on par with Iraq fields.
This is going to be massive!!!
Diyarbakir is on the same level but about 160km west of Siirt, close to where UKOG are drilling.
Turkey is demonstrating massive resources ready to tap in that report https://www.hurriyetdailynews.com/oil-to-be-extracted-from-3-wells-165065.
2,800 to 3000 barrels per day per well will do very nicely.
UKOG have an initial FIVE well plan.
Come on UKOG get the rig on site and show the world what you can do!!!
Diyarbakir is on the same level but about 160km east of Siirt, close to where UKOG are drilling.
Turkey is demonstrating massive resources ready to tap in that report https://www.hurriyetdailynews.com/oil-to-be-extracted-from-3-wells-165065.
2,800 to 3000 barrels per day per well will do very nicely.
UKOG have an initial FIVE well plan.
Come on UKOG get the rig on site and show the world what you can do!!!
Loving this troll baiting :-)
Very few actual investors on this board now. It's mostly XR chaps with their delusional agenda and pure company and investor trolls.
The game is to keep winding them up while we wait for retirement funding :-)
Happy Friday investors.... sit back and watch the show unfold over this Summer..... Summer starts next week according to the weather chaps. :-)
Three day weekend on the UK markets coming up but the team on the ground in Turkey are not stopping it seems.
June next week and June is drill month.
Wouldn't want to be out for the weekend and miss the start of the rig arrival etc :-)
We know oil companies always spike on rig arrivals with the anticipation of drill results to come.
This could be massive very quickly..... could it be an Iraq size oil field???
So much to play out over the coming months.... end of year share price is anyone's guess....
Another great picture of the speedy progress.
Looking very clean and ready for all the equipment to arrive now the road and site is complete.
https://twitter.com/UKOGlistedonAIM/status/1397880228521852928
Looking forward to the next pictures....June drilling..... July pumping.....$$$$$$$$$$$
Good point and they are still producing five years later and plan to continue and indeed increase over the next 20 years!
Which will lead to shareholder profit and value :-)..... return on investment etc....
That would be OIL Mr Bug. :-)
I think they like that stuff at the BP oil terminal :-)
Tankers rolling Mr Bug. Horse Hill PRODUCTION continuing with current setup creating revenue.
Futher development will be happening post initial Turkey production comes on-line with vastly improved production profits.....transformational - this summer....when the summer actually starts !!!
GLA