Member Info for TrollHunter2

Slotted liner going in now....... would make sense since they should have completed the drill to target depth now.
Maybe RNS in the morning to confirm...... "TD reached and well completion operations in progress"
Only half hour to buy in before a possible step up...... but we should have had several step ups by now.
It's going to be one almighty step up when this gets re-rated on that oil flow figure RNS!!!!!
Get in!!!
GLA

Could today be the start of the climb back to 2p/3p+ towards those initial HH-2z flow results.
The chart today certainly is starting to look that way.
The 2017 climb was fun and each day buyers were paying more than yesday.
Exciting ride ahead for us LTH.s
GLA

Yes, simples, if you've bought in already you're going to make a lot of money..... simples!
Have a great weekend planning how to spec the Ferrari :-)

Thanks NJR87, That's good research.
And kind of backs up the reading between the lines of their recent RNS statements.
They appear to be waiting for proof of concept of HH-2z results before they release the plan going forward.
That plan I expect will be back to back drilling of the rest of the site scaling up production and profits very quickly.

Once we have that initial flow testing and proof of concept, that they can deliver production wells, in a couple of weeks I think we can expect this kind of report and expect the market to react accordingly.
So if one expects a 800-1000bopd HH-2z well result, the forward plan released soon after (this side of Christmas) could give the market reason to multiply the expected 2020 P/E by 5 or 6 within six months. A good reason to invest as much as you can on that proof of concept then.... hence the herd will stampede into this stock.

For us early adopters already in though the profits are going to be that much more game and life changing.

Have a great weekend all and strap in for the show...... :-)

Good luck all buyers.....maybe a late after close RNS to say TD reached.
Or Monday morning.
Should see a nice uptick next week as we close in on those initial flow figures.
GLA

They are geosteering the drill bit... of course they are gather data and working from already logged data.
No more wireline logging needed.
Liner going straight in and well completion on reaching target depth.
No worries though, only a week either way and the results will prove this up soon enough.... well before Christmas to give us all that Christmas bonus :-)
GLA

P.S. Thanks to YA for keep the price low while I continue to load up ready for the re-rate :-)

The last section, they must be nearly into the last 500ft now and be ready to start with the liner and completion work over the weekend and next week.
Looking very strong for mid-november flow now.
Wouldn't want to be out for the weekend :-)
Or any time in the next two or three weeks as results feed through.
Remember we get daily updates as they flow a new well. The numbers can change very quickly.
So I'm locked in for the ride.
This share is very oversold, YA helping with that, so the re-rate will be quite sharp this time.
GLA

A £1 prediction is ridiculous unless you think it'll happen after they've proved their skills and realise all the assets they currently own to at least half their potential.
They'll be bought out by then.... maybe for close to 99p per share :-)

You've got no chance with 20p Legal, I'm definitely going to take it with 20.7p :-)
People will be bored between Christmas and New year and will have heard in the national press and TV about UKOG by then.... they'll want a piece of the action and pay 0.7p more fuelled with Christmas cheer :-)

Just', look how quickly it moved on expectation in 2017. This wave will be built on results and recalcution of UKOG's assets..... not just Horse Hill but the ability to deliver horizontal wells across all their assets.
Also because it will be a proper rerate it will mean the price is pegged well north of here and wont be a 2017 like spike.
No point people arguing about it with trolls on here... only a couple of weeks to wait and see now.
The only question is are you in now or hoping to buy in when it starts to move and ride the wave up.
GLA

20.7p for me for 31/12/2019 please.

Yep, as expected it seems to be in peoples diaries to load up in November ready for the horizontal well test results.
I'm in, are you. Were you part of UKOG in 2019/20 is what people will be asking in years to come.
GLA

Today's eyes on site updates will be interesting to try work out what stage they are at.
Doesn't really mater one week early or later, they will soon be putting in those horizontal liners and let the excitement begin!
Unbelievable that we can still pick up shares at this price this close to such transformational results.
I'll be taking another Friday topup today once I've transferred the money.
GLA

on Twitter.

Does that mean they've drilled the horizontal section or are they just preparing to turn the last corner.
We'll know if we see slotted liner going in :-)
Could they be ahead of schedule ???

Lots Of Love to you too Skwizzy......... make sure you don't get locked out with your timing.

I think we'll probably have to wait for the market to catch up in November to get to true value here. 20p by Christmas though :-)

That's real confidence Dryboy..... bet the house on it :-)
I actually invested house proceeds around the 1.2p level earlier this year.
Sitting happy and waiting now.
Good luck to you and I really hope the timing works out, it can be very frustrating waiting for others to act. Fingers crossed for you.

Completely unpredictable unfortunately.
We know we are expect transformational results from this first Weald horizontal production well.
But how the market reacts and over what time period they take to react and re-rate the stock is less known.
Also high value and II buyers can change things very quickly. Those big money investors usually time their move very well and they are told mid-November as the target for initial readings. Maybe they have it in their diary to start building a position in early November.
It's definitely going well north of here but when is the question.
If you have the money sitting around doing nothing else I'd put it in once you're confident in your own research. But above all, read everything and do your own research and make it your decision and own it. Good luck all.

As everyone knows, I'm firmly invested for the whole 9 well drilling campaign.... but I'm greedy :-)
GLA

Good information below on links to slotted liner techniques, thanks Wizard.
If they get this right and prove themselves to the market it seems from this level we'll have a huge flow rate of oil but also a huge flow rate of new money coming in wanting a piece of the action.
So close now and it's going to be very exciting.
Luckily we've got a Rugby world cup to win at the weekend to distract us from the wait.

If this UKOG story unfolds as expected, in five-ten years time investors will be asking, 'were you in UKOG at that time?' YES :-)

Yep, easy to see how this share is far too cheap if they can deliver.
Once they prove they can deliver with this first production horizontal the analysts will do their going forward and price target calculations based on all UKOG assets.
So if you calculate just 4p for Horse Hill don't forget to scale it up for the other sites also through 2020.
This time next year we should have drilled three others and be looking at the IoW fields having already delivered the full six well production site at Horse Hill.
This will scale up very quickly since they already have the assets lined up. No more exploring, they have all the data and all the research....now it's delivery time.
UKOG is an oil production company and not an explorer anymore.
The market and analysts will re-rate it accordingly and the proof becomes evident over the coming days/weeks.
We used to say weeks/month, now we are so close to the inflection point we can say days/weeks!!!!
GLA