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UKEn: Sarah Jones, Minister for Industry, writes to CEO Sanderson: “Government is committed to the design of new business model for hydrogen storage infrastructure to enable private sector investment.” #hydrogen #energy #ukLabour #Ed_Miliband tinyurl.com/5ftr5uwv

https://x.com/UKOGlistedonAIM/status/1866514846528794645?t=MuSI6F1kq5g5hryh4Ym5JQ&s=19

Brilliant, thanks OC :-)

"Making Britain a clean energy superpower by 2030 is one of the Prime Minister’s five missions."

Yep and the Governments Net Zero team (DEZNZ) invited UKOG to the table.

Looking very strong indeed!!!

GLA

Nice to see good interest in the stock this morning.

Should see us break upward from this level soon.... in anticipation of the government meeting results this week or next :-)

GLA Investors

Good luck all investors.....fingers crossed we get some good news flow and feedback from the company in the coming days.

A lot going on in the background not public knowledge yet.....but it will soon and could be very transformational :-)

All that counts is the company market value.....currently the stock market values UKOG at £3m.

But we're looking at £Billion projects guaranteed to run for 10's of years supplying vital resource to the whole country.

So, once signed off this company will be revalued well into the 100's of millions and well beyond in time.

I massive money fountain for those informed enough and courageous enough to invest in these development stages.

GLA DYOR

P.S. Don't let the trolls make you miss out!!!

Thanks StockCheque.

That's a brilliant find and very important to UKOG's story.

It has been recognised already that the UK has unique geology to make the best case for this type of storage too.

Maybe even enough to export the facilities!!!

UKOG is uniquely positioned to capitalise on this opportunity too.

HUGE investment potential here, GLA

The number of shares makes absolutely no difference....look at BP, Shell etc..

All that counts is the company market value.....currently the stock market values UKOG at £3m.

But we're looking at £Billion projects guaranteed to run for 10's of years supplying vital resource to the whole country.

So, once signed off this company will be revalued well into the 100's of millions and well beyond in time.

I massive money fountain for those informed enough and courageous enough to invest in these development stages.

GLA DYOR

P.S. Don't let the trolls make you miss out!!!

Since Centrica have shown their hand and are lobbying the government to get cracking on this.....maybe they are the international energy investor UKOG have informed us they are in ADVANCED talks with. Would make sense if they are at the 11th Dec meeting alongside UKOG :-)

Whoever that energy investor is, they are probably just waiting for government backing, just as international investors stated to the government at the conference a few weeks back.

Everything is aligning nicely and we've got so many public domain clues to the success story about to unfold here....it's amazing to be aware of this and have this opportunity to invest in the very early stages....imagine buying ASOS in the early days.....another ASOS for investors.

GLA

Great find OC :-)

And it is specifically talking about 'GEOLOGICAL' solutions rather then Centrica's repurpose traditional gas storage solution.

Looks like potential game changing next week or soon after once the meeting has been digested and commercially sensitive information can be publicised......watch this space...Wouldn't want to be out!!!!

"To support this ambition, the Department for Energy Security and Net Zero has started early strategic planning for a procurement or procurements for rights to store hydrogen in geological storage facilities, and support in remarketing/reselling those rights to end users.

The Department intends to commence early engagement with a range of potential suppliers in the geological hydrogen storage market to help inform the procurement strategy in a collaborative manner."

I can't see the troll comments....all filtered but I know reposting this vital factual investor information annoys them and LSE Admin having to deal with them :-)

Being the largest the government are going to need UKEn (UKOG)....this is now well recognised....all we investors need to do here is hold/build our positions and wait.....maybe next we'll get next steps and financing news from the government....any soon we should see the purchase of the E.Yorks asset.

"The Placing's proceeds will firstly be employed to enable the acquisition of the Company's first salt cavern hydrogen storage site in the East Yorkshire salt basin, the UK's most extensive and thickest salt deposit and a key nationally strategic area for future hydrogen and existing natural gas storage. The acquisition of this site, along with the Company's Dorset sites, would provide the Company with one of the largest single portfolios of potential salt-cavern storage sites in the UK."

Being the largest the government are going to need UKEn (UKOG)....this is now well recognised....all we investors need to do here is hold/build our positions and wait.....maybe next we'll get next steps and financing news from the government....any soon we should see the purchase of the E.Yorks asset.

"The Placing's proceeds will firstly be employed to enable the acquisition of the Company's first salt cavern hydrogen storage site in the East Yorkshire salt basin, the UK's most extensive and thickest salt deposit and a key nationally strategic area for future hydrogen and existing natural gas storage. The acquisition of this site, along with the Company's Dorset sites, would provide the Company with one of the largest single portfolios of potential salt-cavern storage sites in the UK."

Kiar Starmer speech shows government commitment but they realise it's going to take a lot of investment and work....maybe not 100% by 2030 but aiming for at least 95%.

They obviously recognise they need to get going on all clean power infrastructure and technology....go UKOG (UKEn)

Should be interesting news flowing through here shortly...eyes on the prize :-)

PM giving plan on several topics this morning.....including Clean Energy.....listen out for H2 and investment plan!!!

UKOG invited to the government clean energy group kick off meeting next week too.

All set for take off!!!!!

PM giving plan on several topics this morning.....including Clean Energy.....listen out for H2 and investment plan!!!

UKOG invited to the government clean energy group kick off meeting next week too.

All set for take off!!!!!

We've seen what a high value stake builder does to the share price....went to 11p last time on anticipation.

This time the company is set for multi £100m valuation on confirmation of H2 storage project support...government or private backing.

It's happening and high value investors are doing their research....follow the money.

Agree Jack, this could be a massive opportunity for the UK to demonstrate this technology to the world and then become the go to technology leader to export that expertise to the rest of the world.

If the current government plan this properly and get ahead of the other leading countries (Germany etc.) we could have a new very prosperous industry and thousands of jobs for future generations.

This is just the beginning, UKOG (UKEn) could be a like an early Amazon....right time, right place!!!

GLA

Thanks StockCheque.

So basically, UKEn (UKOG) are correct in positioning themselves in the UK Hydrogen storage sector since the UK is going to need a lot of it, and very soon!!!

The government better get on with prioritising this ASAP then if they want to make any of the Climate Change plans work.

Looks like we'd invested, and continue to build investment, here in a winning share!

GLA

So, another report identifying Hydrogen storage as a key element to net zero delivery.

The government are being fed the same urgent message from several sources!!!!!!!

Projects can be delivered just in time if supported and pushed right now.....the urgency is very apparent and this government are keen to push forward........watch this space....announcements can come any time

Wouldn't want to be out for the weekend!

££££ is coming home, it's coming home :-)

Happy weekend fellow capitalists........the trolls will keep themselves busy writing garbage while we plan how to spend the profits :-)

Great, they can now move the team to Loxley and start pumping gas! :-)