Member Info for turnkey17

Merry Christmas everyone. I'm sure we'll be cheering next year!

Good to see UKOG recover as a non-owner. The RNS was not that bad at all and a lot of bad news was priced in already which hasn't happened

Not a holder. Solo still working on the deal. Looking to alter some terms

The Company is currently seeking to renegotiate certain terms of the Agreement with ONE Dyas to reflect operational and other changes since signing the original Agreement.

""In light of certain changes of circumstance since signing the Agreement with ONE Dyas, we felt it prudent to reengage with them with a view to agreeing new terms that better reflect the current and near-term outlook for the assets. This is wholly consistent with the Board's stated strategy to ensure any acquisitions are executed at fair value for the Company. We hope to agree on terms that are beneficial to all parties and allow us to complete this transaction. We will update the market in due course once we have firm clarity on how to proceed."

Looks a super company for the new year. £15m in cash. £19m market valuation.
£4m being assigned to two prospects which Royal Dutch Shell, a nearly 400 BILLION $ revenue company with. Selene well drill coming up majorly funded by Shell with well decision within weeks to be a big catalyst. Pensacola data. Dewar farmout with has generated clear interest. New licence round with the UK oil and gas authorities to be released in maybe April and we know they've put one application in with an O&G major. Cupertino and Cortez in the distance. How is the market valuing all that news flow at £4m. Makes no sense. Last placing for £15m was at 1.75p a few months ago, and now we're 20% below that. Small cap oil and gas investors the Newlands taking a 3% stake in the last few weeks. Primed for a rally IMHO. This was at 2p just a few months ago. Let's go!

It's nice for the small cap oil and gas world to have a good winner again. TXP as well.

Looks like decent news. I don't own. Well done guys