Member Info for TrollHunter2

Petrol paradir !!!

"When compared to our material Loxley and Arreton appraisal projects, Resan offers even greater upside for similar risk, significantly lower operational costs and, more critically, given success, a far quicker route to production and cash flow. Resan is therefore a compelling and material growth opportunity that could provide potentially transformational reserves growth in the short term. It is a valuable addition to UKOG's portfolio."

Simples, Iraq is next door..... look how well they've done with oil!!!
Smart move UKOG and looking forward to seeing the transformational change :-)
First well is proof of concept and then they scale up......very very quickly through 2021!!!
Resan will easily finance Loxley and other UK assets going forward.... just need to get Resan going....!!!
GLA

Looks to be progressing fast.

Not much time to buy in at this price then!!!!!!

Trolls busy this morning now they've got down off the rig and let UKOG get on with reperfing and increasing OIL flow rate out of HH-1.

With the new set-up and the pumps working to their specified capacity we could expect to see a production rate of 500+ bopd by then end of this week.

Don't tell swampy he didn't do anything other than getting himself a jail breakfast though.
Interestingly the rig looks cleaner than the swampies who climbed on Saturday!!!

GLA

this morning with the bid and ask being close.
My buy was certainly flagged as a sell on here.
We all know why and nothing to be done about it, but just thought I'd mention it so new investors are not confused about the trading picture.

It's worth buying in for a quick trade at least on the new HH-1 figures.....could see some very nice action this week.
GLA

No it's delayed again. November now. The old folks keep knocking it back now they know they have to approve.

Maybe some should have had just a little more patience :-)

HH-2z obviously producing oil with two 1267 tankers today while HH-1 has been out of action for over a week now!!!!

Looking forward to HH-1 and HH-2z pumping at the same time in the near future..... has SS got some cards up his sleeves for Christmas bonuses :-)

No problem, UKOG don't plan to drill it until 2021-H2 now so the old folks can take their time to understand their legal responsibility :-)

Horse Hill and Turkey in focus now.
Maybe an IoW decision too :-)

Tanker on the Twitter.... being held up by walking swampies...... they are funny :-)

Since HH-1 has been out of action for a couple of days my guess is the tanker is for HH-2z oil !!!! :-)

+ve news incoming.

I'm hoping the workover rig will move to HH-2z once done on HH-1.
I would hope they can set up some flow from HH-2z if not the full horizontal section.
Lots of possibilities and they are obviously quiet on the work until they know the preferred way forward once they have enough down hole data.

You must be in your early 20's then Skins4 if you are hoping for a return on those investments in your lifetime.
Agree that's the future but as investors the demand is for oil and gas for the next 20 to 30 years.
This is the place to make money in our short lives. Maybe invest the kids money in Hydrogen etc ready for their pension!

It would be confirmed by oil (and/or water) tankers arriving and leaving site.
It has usually been their plan to at least flow one or the other.
And maybe they've been waiting for the pressure build up test on HH-2z before flowing it again.
Interesting weekend and week ahead.
New numbers and flows to be reported soon.
GLA

Yes, Moving north for good reason.
Over sold and undervalued with news and developments being worked on and to be reported adding market value in the near future.
An easy investment case from the this well supported bottomed out price.
This could easy be over 1p in a flash on the expected news releases.
GLA

There was obviously some clean up after the intervention. Hance extra kill fluids needed to be flowed out (water) before 100% oil cut resumed.
Looking good chaps on HH-1.

Also Looking forward to some activity on HH-2 once HH-1 is in finally in final production setup.

Watch the Twitter for updates :-)

GLA

Give them time to get the pump back on and record the new flow rates first.
The only question for investors is, do you wait for official news or invest now at the bottom in anticipation of the pending news?
The eternal question for all investors on all small cap stocks.
I'm in and waiting.... many shots on goal too.... so I'm happy to wait through each and hold for the next a value growth is achieved. They have a plan and working to achieve it. Give 'em time...... or not and invest elsewhere. :-)

Just for the record, I'm not interested UJO either. They are years behind UKOG and have far more shares in issue.
Like the name though :-)
Transformational times ahead for UKOG.... watch the Twitter and ignore the dross promoted by LSE here.....it's just designed to gain more site hits and ad revenue.

Looking forward to new flow figures at HH.

Loxley planning debate and result this month or next.

Resan, Turkey update and drill campaign begins before winter ?

IoW planning might give a boost too :-)

It's a shame UKOG have too many assets to explore Broadford Bridge further right now too.
A nice problem to have though.
Maybe the HH CPR will unlock bank funding to progress faster soon though.

I see the UJO investors must be hurting right now as the share price has been in decline for the past month.
At least we have a stable share price here even if it is nowhere near fair value for the assets on book and those to be brought on stream over the coming months and year.
UKOG is no 'one trick pony'. We have many shots on target and any one will be transformational.

I see the plan is probably now to focus the short term return on investment towards Resan (Turkey) with maybe some improvement work at Horse Hill now the new planning approval is through.
Loxley scheduled now for second half of next year.... should give SCC old folks time to get their legal commitments sorted and approve it!
GLA

Not enough biscuits!!!
That's about as flimsy an excuse as they need!
Old folks get tired easy but the lawyers will tell them to do it eventually.

Obviously in renaming the sub entity company to UKOG Turkey indicates that plans have firmed up and we should see an RNS shortly to confirm the structural and focus change.

Turkey government must be close to official approval and maybe UKOG have the nod it's sorted. :-)
Could we be drilling Turkey before Christmas....... would explain the focus being taken away from Horsehill recently.

HH continues to pump oil and it seems another 1267 tanker is on his way this morning :-)

And FOTH only report occasionally what he sees as he didn't want to support Stephen Sanderson any longer.
Not a bad idea trying to get the company to update the market and shareholders!!!

What's app'ning Stephen??????
Nearly end of Summer in every sense...... accept the temperature today...seems like middle of summer!!!