Member Info for TrollHunter2

Yes, agree. Hopefully SS will be working his business numbers with the bank while to site team build the productions site over the next couple of weeks.
They're going to need a bigger tanker loading facility :-)

The production approval is for the FIELD. So it covers all wells on site..... including HH-3, 4, 5 and 6 to come.
They'll need those 16 tankers a day fairly soon and once the Oil price is back to $60 that equates to a much higher SP (11p plus) for UKOG.
What a buy at this price to get such a huge return in such a short term.
Do Your Own Research though!!!

Glad I'm already in for the open!!!.... Great RNS....
"This is an important regulatory milestone, granting governmental Production consent. The Company can now focus firmly upon maximising stable production, reducing operating costs and generating positive cash flow. The ability to book reserves also opens the way to potential debt funding, a positive step towards both creation and preservation of shareholder value."

RE Tanker movements, I remember that planning currently allows for 16 per day I think. That's a lot for now and should cover both wells at over 1500bopd with no issues. They can apply to increase that detail ofcourse as they bring on HH-3 later in the year.

Next RNS could be debt based finance, no more need for shareholder dilution!!!
OR HH-2z test flow results..... later today/tonight ...... or Monday morning after the weekends runs.

A series of good RNS's now will see this company transform..... now a full OIL and GAS PRODUCTION company with long term high value assets!!!
Should be a good day ahead for the UKOGers stock price :-)

Agreed, tkr, it's going to be a very strange turn of events if nothing happens. tomorrow.
It might be frustrating in that we have to wait until Monday for final results of this weeks games.
I guess the BKP lorry in this afternoon was delivering stuff for the BIG BUILD over the next two weeks.

"Buy when others are fearful".
GLA

Spot on Tymers, They are obviously having a good week.
They are invite chief eyes on site (FOTH) to take pictures ready for the media campaign!
They have a couple of days to release price sensitive information according to market regulations.
But I guess they are also taking the time to gather in all the data over several days run to get the best figures possible.
As we know the numbers should get better through the week as the well cleans up and possibly more perforations into the oil pool open up and flush out.

We are connected to the oil pool - tick
We now have dry oil - tick
We are testing commercial flow rates - in progress.

Next week and following week they are build a dual well production site and turning on the taps.
Hopefully they booked enough tankers!!!
April will see the company and share transform.

Looked like a particularly shiny oil tanker this morning.
Wonder if they were taking some pictures for a news release later....
Getting close to 10:00am last RNS time now......Shiny oil tanker pictures ready!!!

No Twitter updates since yesterdays FOTH site visit. I guess we are waiting for the RNS before pictures can be released.
Edge of seats waiting for that RNS now..... wouldn't have got FOTH on site if it wasn't going well.... very well.
Still time to top up at this price luckily....... but for how long???

Agreed Peter.

It's been a long road but we about at the inflection point where UKOG turns into a well respected oil and gas producer and a growing player in the UK Oil and Gas industry.

HH-2z about ready to start it's production testing and then put into full production alongside HH-1.
Then it's simply scale it up with HH-3 and the other sites.

I see Dunsfold planning is coming along to add the site as another asset to UKOG increasing portfolio.
Huge mid cap oiler emerging here!!!

Thanks, Northfolk, I didn't play that video since the caption looked like an old archive video.
Played it now and def looks genuine and obviously some very jucy stuff to be reported shortly.
Anyone wanting the SP to drop further now could be severely caught out.
If they are about to report what we expect we could see a significant step up in the morning!!!
GLA

They cannot treat investors differently so I guess they have an RNS ready to be supplimented by site pics maybe.
Will we get an out of hours RNS now... latest clean up flow rates..... must be looking good???
As usual many questions but we have to be patient for answers.... the life of an investors!

How do you know he's on site again. I don't see anything on Twitter yet?

Tankers rolling.....££££££ to UKOG at an increasing rate..... wake up market!!!!!

Remember the oil is lighter than the water so physically I would expect the same force of presure would push up a higher volume of oil rather than a mix of water and oil.
Or the force of the pump working in a similar way.
Let's see on the next RNS.... remember Wytch Farm figures and similar wells..... Look back at the start of HH-1 RNS's too...exciting times and a great price still to get in and be part of it..... just need confidence and courage at this stage if you don't have time to read and research enough to give you the confidence. GLA

Yesterday and we might get a flow update RNS any time.
Cleaning up. more oil, less drilling and workover fluids and clearing perforations give higher and higher rate of oil flow.
How high will she go???
Initial fluid flow rates was over 1000bopd so the pressure is there to support a very high flow rate....

Great RNS today.... just catching up after holiday flight back :-)

I wonder if we'll give daily flow results as they've given out before when intially testing a well.
If it's price sensitive info they should do.
As we've all seen on many wells, these things can be like volcanoes.... simmer for a few days and then errupt!!!
Should be a fun week on tanker count duty.... thanks site team.

Dissapointing that the market didn't react to our fantastic news initially but they'll catch up.

I'm hoping we get an out of hours RNS, tonight or Monday morning and then we'll the the SP jump up on open.
Should be a big jump!!!

Yep, volume increasing. They'll soon have exceeded the loan shares and then it'll move up if buying continues into the fix RNS.
Huge upswing from here on HH-2z fix.
We're still trading below the value of just HH-1 !!!!!

There is certainly an increase in large transactions over the past 24 hours.
These are within PI's ISA trading limits but could be an II or two building a position quietly.
They will come sooner or later.... the early bird catches the OIL :-)
Interesting to see this unfold over the coming days.....

It wouldn't surprise me, everyone is going to want a piece of UKOG when the news breaks.
It's a nice position to be in already invested and not having to go through the stress of working out...."is it still a bargain" when the price goes through 2p, 3p, 4p and so on.
I remember the last rise from 0.8p to 10p thinking similarly and it always seemed like a bargain if UKOG can deliver.
This well is the proof they can deliver so no 'if' this time.... just solid investment.

Once this well is opperational UKOG will have a good solution cash flow to spring board the rest of their assets from.
On to HH-3, IoW, Dunsfold and Broadford Bridge.
Hugely exciting times ahead as this grows.... or gets bought by BIG OIL!!!

Wouldn't surprize me if BIG made a play on HH-2z proof of concept since all they need to do is replicate UKOG procedures and could do it very quickly with their huge cash reserves. Watch this space!