Member Info for TrollHunter2

Absolutely.... especially as opperations are delayed due to covid-19 lockdown and they still have to pay those huge salaries!!!

Tankers keep counting.... oil keep rising...... closer and closer to the end of Covid-19 lock down.
Stay safe chaps and carry on!

Tankers rolling and pumps pumping.
UKOG still monetising black gold from the setup they have.
Once the lockdown is over they can scale it up with both wells!!!
GLA

Thanks for pointing that out Ocelot. I guess they'll just keep flowing the oil they have access to right now then keep the revenue flowing too.

I guess the directors could do more right now though... reduce salaries and buy some shares since there is no new news to report right now.
They also said this :
"Our office staff have also been adhering to best advice and practices, by working from home and communicating remotely using video conferencing technology which, fortunately, had been in active use within UKOG prior to the emergency.

As previously stated in this report, we have also begun to reduce our cost structure to meet the economic challenges of a low oil price world. We will continue to make prudent reductions in our operating expenditures."

Looking for the directors to step up and take action now... earn those bonuses like many have said and other company directors have done!

GLA

Great stuff. Well done eyes for getting this out in these trying times.
Oil still rolling out of Horse Hill daily and the price of oil continuing to rise.
Oil price rise 20% yesterday and 10% so far today..... will it hit 20% or more again.
OPEC+ meeting set via video conference on Monday. They will probably have all worked out the detail and their options well before then. In fact they probably already have since they wouldn't be agreeing to come to the table if they weren't ready.
Several countries need the oil price up just break even....Countries....let alone oil companies.
UKOG will benefit from the pressure of these countries on Opec.
All in hand and no worries for us.
Buy while others are fearful.....I am :-)

Just to clarify - CPR by September !!!

ID 10 T
RNS this week said they plan to release the RNS once they have established both flows from HH-1 AND HH-2z later this year.
And the plan for both to be in production still by September. So well before year end and most likely before September.
Simples..... read read and read...... but not this troll site.... too much deliberate wrong information allowed by admin!!!

Oil price holding up and climbing as rumours develop.
Hold that tanker.... sell the oil tomorrow for more $$$$'s :-)

Yep, lots of stuff on Twitter... Trumpy been getting them to talk and looks positive for production cuts.

Brent up over 25% so far today now.... has rumour of a deal between the Opec members been leaked........ great stuff back to normal pricing levels soon hopefully.
China picking up too....

No eyes at site so we are blind today.... but since we had two first thing yesterday I guess we can assume it's the same pattern as last week where we had at least two spotted first thing each morning and four spotted with the afternoon run on Thursday.......so maybe four missed today....???
Need proper company updates to confirm now though and this outfit don't seem that great at updates..... so we just need faith in our own research and the fundamentals.
Oil price rising increasing sentiment though......sp on the up :-)

Agreed, Mr Sanderson should buy a few shares with his large bonus.
He must know he'll make a shed load of cash from doing so at this price too.
The current price is below his options prices so it makes sense from all sides.
Stephen have a chat with your broker and do a deal.

Maybe he's not allowed to though if he is aware of market sensitive information not released yet.
But you would think after yesterdays RNS they would have most of the cards on the table.
Just unconfirmed new flow results to report yet... but if unconfirmed then it's still not know to SS either is it.
Buy Stephen Buy!!!!

Looks like the eyes have missed the afternoon tankers.... understandable since it's a risk going out anywhere right now.
But Looking at the pattern from the last weeks they only sent in two morning tankers when they also planned an afternoon run.
So it seems sensible to assume there was also an afternoon run too.
Give us an official update UKOG. At least tell everyone it's progressing to plan even if you don't have official numbers to report yet.

US Shale are shutting down.
My guess is that once the Emerates have achieved forcing US Shale to shut down they'll let the oil price drift back up to around $45.... just below the the econimic value to reopen US shale.
US Shale need the price between $48 and $54 to break even.
They may even need it above $60 for a while to justify re-opening a well.
Maybe Putin and the Shakes have a plan???

Yep, agreed Sting, Alba have already said they are pretty much looking to sell as they need the cash for their other ventures.
But we don't really need their extra 12% right now. Best invest the money developing the field as is and getting to that 3500bopd figure as soon as.

Convoy was around 8am so they could very be back around 2:30pm for more black gold.
Will it be a 800 barrel day or just 400 today ??? :-)

FB link provided on the Twitter.... https://www.facebook.com/groups/438368676359150/permalink/1294580490737960/

Could be two more this afternoon.......

Video'd and reported on the Twitter and Facebook.
Simples.
Do proper reseach and ignore comments on troll sites like this.
Throw the trolls another fish and take their keyboard away!
GLA

@Wizard......Sorry I was 1km out in my memory.......Hope this helps.....
https://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/UKOG/14485767.html

"A24" Prospect, PEDL143 (UKOG 67.5%)
UKOG assumed operatorship of PEDL143 operatorship on OGA approval in April 2019.
The licence lies immediately west of the Company's Horse Hill licences and contains the significant "A24" Portland and Kimmeridge oil prospect, a direct geological look-alike to the Company's Horse Hill oil field, situated on-trend some 8 km to the east. Several smaller prospects of similar size to the nearby Brockham Portland oil field have also been identified. Multiple potential new drilling sites outside the nearby Area of Outstanding Natural Beauty are under evaluation.
OGA granted a two-year extension of PEDL143 to 30 September 2022."

That's a good price, I managed to buy at 0.359 ----- And is reported on here as a sell.
The price and spread is a bit random right now.... just buy or sell at a price you are happy with and ignore the reported trades, the buy and sell is just a guess on their part.
Very happy to hold for now watching the twitter reports of multiple tanker days....we've moved beyond single tanker days now!
The company is making progress, although slow than many of us would like.
They also cannot control the oil price... they are not big enough....yet!!! :-)