Member Info for TrollHunter2

RNS 23rd July, "The assignment of the 50% interest from AME to UKOG is subject to Turkish governmental approval, which is expected to take around 2 months from submittal of the necessary standard documentation. It is expected that these documents will be submitted over the next few weeks whilst the formal agreements between UKOG and AME are finalised."

"The Basur and Resan appraisal opportunities compare well with our Loxley and Arreton projects. However, they offer significantly larger upside potential, are much cheaper to drill and can be monetised far more quickly than any of our UK projects. The overall post-tax share of gross revenues is also marginally better than in the UK.

The low cost of drilling compared to the UK also means that, in the success case, we plan to have a near continuous drilling programme, hopefully commencing this year, Covid and weather permitting. We expect this programme will provide a regular stream of newsflow."

Looking forward to an update soon.
Wouldn't want to be out over the weekend!
UKOG is no one trick pony!!! don't get caught out selling at the bottom and have to buy back in on the next spike!

And they're probably hoping for some Covid reason to cancel the remaining for the year but still be paid by the local tax payers!

Probably best to focus resources on Turkey now...... it's maybe even the UKOG boards plan.

UKOG have too many assets to progress all at once anyway. They need to focus efforts and resources on the quickest return.
SCC missed their opportunity on June to be paid regular tax/profit sharing income from UKOG. Now they can move to the back of the queue.

Did the swampies have the heads up yesterday that they are planning more work at HH though?
Hopefully if that work is cheap enough it may yield quick results too.

We continue to invest and wait. GLA

Thanks Dry, That saves me a call. They also quite happily respond to emails too. It's their job to help the public since that's who they work for and I've found them very responsive.
It's just a shame they have to use an old peoples home for the committee :-)

By November we'll already be rolling trucks in Turkey and Loxley will be a side issue.
This year Turkey may very well be voting for a good Christmas :-)
See what I did there :-)

Something useful from the planning docs :
"The council has sought legal advice and it has been agreed that the committee
resolution to refuse the application was invalid and the application will be referred
back to the Planning and Regulatory Committee for redetermination in the autumn. "
So the committee know their made up reasons for refusal are not acceptable. That leaves them to try to come up with something else or approve. Since it's technically recommended they will probably have to reluctantly approve it. Remember it's in the national energy policy to push these things through. Even Fracking is and UKOG are all about conventional environmentally friendly drilling and extraction...NO FRACKING!!!

That's just the estimated date. They have to stick something on their pages.
We will not know the workings of SCC until they publish the agenda for the 17th Sep.... in the week prior to the 17th.
At least the next meeting will be regular face to face so no spouses can vote this time!
Also their team of planning experts can tell them face to face, as usual, they have no technical reason to decline it and it's already approved by them.
Sorted!

Funny post of the day. Skwizzy is anti human reproduction as well now. Do you troll IVF boards as well :-)
'Stop humans and clean the planet!' :-)

While all this is going on UKOG are quietly bringing assets on stream one step at a time. Not at the pace some short term traders would like but at a normal industrial pace working the issues that arise as and when they arise. GLA
Happy trolling LSE board...... I'm back off to informative media and earning more cash to invest in this emerging oil and gas monster!

Funny post of the day. Skwizzy is anti human reproduction as well now. Do you troll IVF boards as well :-)
'Stop humans and clean the planet!' :-)

While all this is going on UKOG are quietly bringing assets on stream one step at a time. Not at the pace some short term traders would like but at a normal industrial pace working the issues that arise as and when they arise. GLA
Happy trolling LSE board...... I'm back off to informative media and earning more cash to invest in this emerging oil and gas monster!

Hopefully twitter chaps are right and this weekend could see a flurry of bank holiday weekend activity.
Could be quite lucrative to take a position today if not already fully locked in :-)
Happy weekend everyone.

to be fair.... I wasn't troll specific..... just a general statement to all trolls :-)

Don't reply trolls, this thread is not for you.
You are ignored so please ignore genuine investor discussion.... you are NOT welcome!

Agreed Tymers and InvestorInvestor.
UKOG seem to have too many assets in play right now and too small a workforce to progress all at the pace investors would like. It would be nice to see a corporate strategy but that's probably commercially sensitive.
We know the fundamentals are good and strong.
They have the assets and each has huge transformational potential.
First Horse Hill well already in production to prove the company is moving assets in the right direction.
Hopefully a Horse Hill CPR will happen soon too but again Covid plans changed the timeline.
Again would be nice to know an updated timeline but it was also knocked for six by the Loxley delay and I suspect the strategy is still the same a before the June planning meeting with regards to focusing resources. Once approved Loxley is likely to deliver within months..... and quicker than oil well.....implies quicker revenue stream.
Stay strong and buy on the dips chaps..... I continue with my investment plan..... ignoring the noisy trolls!!!

Agreed Tymers and InvestorInvestor.
UKOG seem to have too many assets in play right now and too small a workforce to progress all at the pace investors would like. It would be nice to see a corporate strategy but that's probably commercially sensitive.
We know the fundamentals are good and strong.
They have the assets and each has huge transformational potential.
First Horse Hill well already in production to prove the company is moving assets in the right direction.
Hopefully a Horse Hill CPR will happen soon too but again Covid plans changed the timeline.
Again would be nice to know an updated timeline but it was also knocked for six by the Loxley delay and I suspect the strategy is still the same a before the June planning meeting with regards to focusing resources. Once approved Loxley is likely to deliver within months..... and quicker than oil well.....implies quicker revenue stream.
Stay strong and buy on the dips chaps..... I continue with my investment plan..... ignoring the noisy trolls!!!

Agreed Argus1,
The Share price is creeping up week by week now.
It will take new news to push back to real value but at least some sentiment is returning now.
Troll desperate to keep a lid on it for whatever their trolling reason.... just ignore the noise and focus on company fundamentals and huge potential to build the mid cap oil and gas company here .... in a rising price market!!!!

Good point Argus.
Production rate and profit per barrel increasing as we go as expected.
We all wait for official reports knowing we are moving in the right direction now.
Ignore the noise from trolls designed to confuse and distract from fundamental research and official statements and figures.
It's a shame the world is full of trolls twisting and spinning the truth for their own agenda......let them distract you and it could cost a lot of money.... as they intend.
Stays strong and focused.
GLA UKOG investors.

Yep, HH-1 even 4th on OGA's official UK production figures for last Quarter...hopefully moving up the table as production increases.

Looks like UKOG Horse Hill oil profit is steadily climbing.

Up the production rate now UKOG and fill the bank account please.

Reperf HH-1 Portland should be soon according to last interview a month ago ???

Whatever the share price the fundamentals and the list of developing assets are the same.

The potential is huge.

Focus on Loxley only is a little short sighted since Turkey will dwarf Loxley and Horse Hill.
IoW longer term will be huge too.
Loxley will be great for short-mid term development and cash flow though.
One step at a time chaps.
Play the long game and load up on the dips as they happen!
GLA

A very nice rise but nowhere near where it's going.
Turkish docs in process according to last RNS and the next thing we'll hear is it's approved and happening.... probably late September early October by my calculations.
Each asset is progressing..

Horse Hill

Loxley / Dunsfold

Isle of Wight

TURKEY!!!

Broadford bridge is the only one on the back burner for now.

GLA

Look at the market value.
This is an evolving mid-cap Oil and Gas company to be worth between £2bln - £5bln in the near future.
An obvious investment case at anything below 5p!!!

This is going to be big..... very big!!!