Member Info for TrollHunter2

Absolutely, the production setup is being built as we type and the new flow rates will be reported once that's done.

All the bickering on here about trades and volumes and what might happen or has happened is pointless.

You either invest now at the bottom in anticipation of a positive production well build or you wait for their flow results and pay more but less risk. Simples!

I understand the swampies and trolls will want to keep posting to keep trying to bring the whole show down.... but it's pointless engaging with them and giving them oxygen. Just ignore and sit tight watching the brilliant videos from the site team.

That's all..... back to making and investing money for me :-)
Stay greedy :-)

Absolutely F-M, this will explode north on positive news.
We should be seeing something along those lines shortly...... it's overdue for obvious Covid-19 reasons!!!!!!!

Bit too troll heavy here this morning. I'll just say I'm happy to be on other streams and seeing very positive things.
Good luck investor.... ignore the swampy noise here. DYOR!

After the weekends new deals it is said that OPEC are now looking to achieve a price for Brent above $50.
Increasing UKOG's profits further.
Have you seen that flare stack this morning and over the weekend.
Guess it could easily be a four tanker day.

Well done Mr Carter. That's amazing that you managed to get all that from the usual trolling weekend noise and arguments.
But that's a good summary of things ...although you didn't list the THREE HUGE discovery fields in the IoW yet to explore and drill... planning in progress.
As you say, Horse Hill is seeming to be proof of concept for the company and they need to deliver.
Also a good play aligning your money with Canacord and their due diligence team. If they've taken 10% or more, you are right, they must be convinced.
I'm already convinced. I see UKOG have the assets, the knowledge, the data and the opportunity. I feel they've been unlucky so far but that has to change soon. For example, if they hadn't drilled far enough to hit water on HH-2z it will already be flowing big numbers and everyone would be singing the boards praises....despite their lack of communication either way.
Good luck with your decision making.

Loxley/Dunsfold will likely happen before IoW.
After Broadford bridge data, it was established that Dunsfold was seen at the potential sweet spot area of the Weald which is why they are now aiming at that before returning to Broadford Bridge.
Many more stones to turn yet in this companies evolution.

Those are some good questions Rusty. I don't have much hope that we will buy maybe we'll get some answers at the AGM.
As investors we can only be told anything at the same time as the whole market but I think sometimes CEO's hide behind that regulation.
SS is certainly no PR man. Good or Bad that means we have to wait for actual delivery rather than whats occuring.
I obviously hold out hope for this company. We do have oil flowing and we do have a long list of assets to have a crack at.
We are at an inflection, and have been for some time. HH-2z is supposed to be the proof of concept that they can deliver...... so they need to. Although it is not exactly binary because of all the other assets, it does seem that HH-2z success is the make or break of the company right now. It's underpinned by HH-1 though..... a 25year plus production well....rates still to be revealed :-)
GLA and try to relax this weekend..... an interesting couple of weeks ahead in the UKOG investor times.

Good move IMHO :-)
Once the dust settles from this weeks placing and the shares are issued next week I expect there will be a gradual climb back to fair value.
Mr Sanderson might have some more to say at the AGM on the 17th too :-)

Looking good for the long term future of UKOG and it's investors....... https://oilprice.com/
We could do with some new oil flow numbers to excite the market though.
At least we know tankers are still rolling and we have a baseline to invest in for now.

Good thoughts new poster Matt Carter.
Keep an eye on Canacord and please keep posting your sums on their activity regarding UKOG.
They might even take the full 2.1bln in this case giving them a furhter 19% holding..... that will be interesting!

Sorry Oldbury.
I know you've only just started posting, and are probably making things up as you go along, but you could have picked a better name.
I'm just sorry if you really do live in Oldbury!

Just shows how much this will fly when the penny drops.
The market are going to suddenly re-rate this on realisation of how much black gold UKOG are sitting on.
We may need to wait for the next HH-1 flow results..... HH-2z flow results..... or even the full CPR..... but it's coming and it'll be this year chaps!!!

Agreed wheels down and tanker full of black gold, Pingu trying to misslead and twist the facts for her own personal agenda as usual.

On another positive Brent is now over $41 !!!! ..... UKOG cost per barrel $13 and profit per tanker increasing :-)

They can be forward sold. But we have no evidence if that is happening or not.
Could be just unhappy PI's.
Great for us confident LTH's to sweep up cheap shares though...thanks!!!

Absolutely oversold. Massive oppotunity here..... especially at this gift price.... fill your boots.... I am :-)
And I'm happy to hold medium - long term once I have them :-)

Absolutely nhawan.
Huge interest in this share now the 'death spiral' lender is out and it can actually be valued correctly.
Once the weak holders are out..... usually by mid-day.... this should start to move north.
Locked loaded and waiting for the usual bounce from here..... probably wont sell on that though....too much to climb from here...... back to 1p in no time as they deliver the results of the next intervention and well EWT results etc..

Yep, I just grabbed some at the placing price.... on just under £5k worth and not on the same scale as Canacord but at least my investment is aligned with their interest and the price is usually underpinned at the placing price on this scale.
The general rule of thumb is if you can pick them up at or near the placing price you'll get a good bounce in the coming days/weeks.
Should be an interesting few weeks.
GLA

P.S. Thanks for all the advice from the trolls and shorters but I think I'll IGNORE that, I'm happy to invest my money with this evolving mid-cap oil and gas company.......it's never going to be a straight line development but they have so many shots on target and have already shown the ability to deliver. I think HH-2 has a lot to reveal yet and now SS has his II's invested I think things will move quicker..... get on board!!!

HH-2 Extended Well Test ongoing..... as stated in the RNS.
Nothing has change in that respect so nothing new to dedicate a paragraph about.
As mentioned it is a busy RNS and a lot of actually material changes to report.

The previous plan was to put HH-1 in production and then do more intervention work if needed on HH-2. So I'm assuming that't the same.
Get the cash machine HH-1 fully running first then develop new assets.
Planning on Loxley this month too and obviously they are confident and have been told it's recommended to approve.
So much going on.

At an oil price of $40 this gives us a profit per barrel of $5940 per 220 barrel tanker.
A good move!

Lots of questions about many assets but the moves show HH-1 going firmly into long term production with several assets to explore and monetise.

GLA

Great stuff.... probably at least a FOUR tanker day today then.

And Brent/UKOG oil now over $40 per barrel : https://oilprice.com/

It continues to swing our way again.

GLA