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Good to see UKOG keeping those tankers rolling and selling oil at over $120 per barrel.
With cost to produce less than $18 per barrel that's some very good profit.
With water injection costs to produce decrease and production rate goes up.....LIFT OFF!!!! :-)
And understandably considering the huge assets to monetise here :-)
Investors who realised the huge assets this company own but it's market capital is only £23.9m at this share price.....absolute bargain investment...fill up ya ISA and plan for early retirement :-)
Now all the day traders have sold out on the spike, real investment will be coming in.
Investors who realised the huge assets this company own but it's market capital is only £23.9m at this share price.....absolute bargain investment...fill up ya ISA and plan for early retirement :-)
Agreed Jamrock, now all the day traders have sold out on the spike, real investment will be coming in.
Investors who realised the huge assets this company own but it's market capital is only £23.9m at this share price.....absolute bargain investment...fill up ya ISA and plan for early retirement :-)
Agreed Jamrock, now all the day traders have sold out on the spike, real investment will be coming in.
Investors who realised the huge assets this company own but it's market capital is only £23.9m at this share price.....absolute bargain investment...fill up ya ISA and plan for early retirement :-)
Keep it up trolls, and I keep buying...looking very tidy now.
UKOG tweets, very excited about combined production and storage projects.....full steam ahead this summer :-)
Thanks to the trolls, and I know they are very sad, but it means I can pick up stock cheaper and increase my retirement fund.
I might buy an oil tanker to run around in in retirement :-)
Agreed Ocelot.
The market is rerating this stock as we speak and will rerate back to true value on each piece of development news.
The Loxley Gas project is set to take months not years.....could be producing Gas very soon and helping the country by the winter.
Huge value still to be realised here and with the stock hitting the top traded charts it's awareness in the market only increases...army of investors still to arrive like in 2017....when the share was pushed over 10p!!!!
Gap up on open :-)
Keep trying trolls....can't stop this train.......ROCKET :-)
Don't raise it too quickly...I want one last top up first :-)
Looking to ride this well up over 1p and back to 3p at least again.
Retirement package being put together :-)
GLA
Looking forward to the new and huge gain in material value being realised by the wider market today.
Should be seen a costs awarded RNS soon too :-)
0.3p today....then onwards to 0.5p by Friday :-)
And beyond and the plan is revealed and the value realised.
Loxley Gas production combined with the huge Gas storage facility....looks like UKOG will become a major domestic player in the very near future....government backed on several fronts now..... :-)
Well done long term holders for sticking with this...we'll be getting very well rewarded soon :-)
Bye trolls...nothing you can do to stop this train now...... :-))))
And they are still trying to work out the closing price with a raft of after close transactions being posted....first and second price monitoring extensions.
Should get a few more of those in the morning.....opening price 0.2p anyone :-)
Seems like they are definitely claiming costs......could be quite hefty!!!
"SCC twice refused planning consent, going against the advice of its planning officers, forcing UKOG to undertake a lengthy and costly appeal process. In January of this year the SoS recovered the appeal from the Planning Inspectorate."
Successful Loxley Planning Appeal Outcome
UK Oil & Gas PLC (London AIM: UKOG) is delighted to announce that the Right Hon Stuart Andrew MP, Minister for Housing acting for the Secretary of State ("SoS") for Levelling Up, Housing and Communities has overturned Surrey County Council's ("SCC") refusal of planning consent for its wholly-owned Loxley conventional gas and hydrogen feedstock project. With both planning and environmental consents in hand the Loxley gas project can now, finally, proceed ahead.
SCC twice refused planning consent, going against the advice of its planning officers, forcing UKOG to undertake a lengthy and costly appeal process. In January of this year the SoS recovered the appeal from the Planning Inspectorate.
The Company has also consistently stated that it envisages Loxley to play its part in the government's Hydrogen Strategy via the supply of its gas as feedstock for reformation into clean burning hydrogen, an energy source with an 85% reduction in related carbon emissions versus natural gas.
0.17p paid several times and rising into close.
Wait for the official RNS and see how the wider market reacts......UKOG Government recommended!!!!
Cost still to be awarded!!!
Possible National Significant project funding!!!!
Go UKOG....keep the flags flying and buy British!!!!
GLA
Smart move Fitzy.....me too :-)
Once that RNS lands and get digested over the next couple of days we could be back at 0.5p in no time...easy multibag :-)
Also :
Costs
7. An application for for a partial award of costs has been made by your client against
Surrey County Council (SCC) (IR1.1). This application is the subject of a separate
decision letter.
££££££££££'s to UKOG :-)
https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1080860/DL+IR_-_Land_South_of_Dunsfold_Road_and_East_of_High_Loxley_Road_Dunsfold_Surrey_-_3268579.pdf
Formal decision
37.Accordingly, for the reasons given above, the Secretary of State agrees with the
Inspector’s recommendation. He hereby allows your client’s appeal and grants planning
permission subject to the conditions set out in Annex B of this decision letter for the
construction, operation and decommissioning of a well site for the exploration and
appraisal of hydrocarbon minerals from one exploratory borehole (Loxley-1) and one side
- track borehole (Loxley - 1z) for a temporary period of three years involving the siting of
plant and equipment, the construction of a new access track, a new highway junction with
High Loxley Road, highway improvements at the junction of High Loxley Road and
Dunsfold Road and the erection of a boundary fence and entrance gates with restoration
to agriculture, in accordance with application Ref. WA/2019/0796, dated 26 April 2019.
Light the blue touch paper!!!!!!!!
Get 'em while they are still cheap....and official RNS is being penned!!!!
Huge interest and volume this morning as the scale and material value of Portland Gas storage project sinks in.
Also combine this with Loxley and possible compensation for over a years lost production and UKOG could be sailing very high :-)
Happily topping up again this morning on these new developments :-)