Stefan Bernstein explains how the EU/Greenland critical raw materials partnership benefits GreenRoc. Watch the full video here.
04-Feb-20 16:35:00 151.24 19,891,215 Buy* 30m
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I know it is showing as a buy, but is it really a buy?
I'm hoping it is and hoping it's a good omen for tomorrows earning results. Good luck all, Welsh.
Did the crane that came into HH this afternoon do any work today do we know? Welsh
Lets all please make a big effort tomorrow to keep this board sensible. Some good discussions tonight. All the best Welsh.
Hope I'm wrong, but that's the norm! Fingers crossed for us LTH's that it's the start of something bigger. Keep the faith. Gook luck all. Welsh
Can someone explain this please? And why do UKOG have lots of different Ltd companies listed at companies house? Cheers Welsh.
As announced by the Company on 11 September 2019, the Company completed the acquisition of Magellan Petroleum (UK) Investment Holdings Limited ("Magellan") from Tellurian Investments LLC for total consideration of £12 million in cash and shares in the Company (the "Acquisition"). Magellan (now known as UKOG (137/246) Ltd) holds a 35% direct interest in the Horse Hill oil field (the Company's flagship asset) and the surrounding highly prospective PEDL137 and PEDL246 licences.
Is anyone else even a little bit worried at the lack of tankers recently? Is there a problem with HH1 now? Or is SS just playing games with Alba/Dor and limiting cash flow? He could just be filling up all the additional storage that was brought in for HH2-z. Oil price has dropped a bit recently too. Something is going on imo. If SS is withholding price sensitive info. then obviously that is not good. Keep the faith. All the best, Welsh
What will happen if UKOG gets 100% of HHDL? Welsh
Anyone else get the feeling that SS has gone silent and maybe not in any rush to sort the problem with HH2-z? Maybe he's turning the water issue to UKOG's advantage by squeezing out ALBA & DOR, hence gaining 100% of HHDL. Keep the faith people. This share can turn at any moment. All the best, Welsh.
Can everyone just stop this nonsense between UKOG and UJO please. It's like a rerun from Oasis v Blur in the 90's! I'm invested in only UKOG. I need them to do well. But if UJO also does well and ends up better than UKOG, that's life. Good luck to all UJO investors. But this is a UKOG board and is designed to be for 'true' investors to bounce questions off each other and maybe learn something to help with their investment. Good luck everyone, but please can we cut out the crap and make this an honest UKOG discussion board once more. All the best, Welsh.
Hi Newbie. A lot will also depend on the next set of results which I believe are due 5th Feb. Apart from the Tower spin off, the company needs to show it's turnaround plan is working, debt is under control and the divi is safe and not in danger of being cut again. Is there a timeframe for the Towers spin off pls? Regards Welsh
Hi Bridge. The bigger the better if you ask me. Lets get rid of these YA and Tellurian shares ASAP, hope for some more positive news in the future and then hopefully we'll get the share price heading the right way. All the best Welsh
Hi Free. Would they need to take HH1 offline to carry out the remedial works to HH2-z ? Welsh
Like a lot of the genuine investors on here, I would love to believe SS that UKOG will complete all 6 wells at HH during 2020. But whether it be planning, rig availability or the drill not going/performing as anticipated, I don't think this is feasible. We may get another 2 wells maybe and hopefully an HH1 overhaul. Cmon SS, lets get this show on the road. Give us a positive update on HH2-z and kick start 2020 and the share price into life. Good luck everyone, Welsh.
Mirasol - That is the problem, you are guessing when the kit will turn up! The market doesn't like uncertainty! All SS had to do is report the water issue (as he did) then add we are sourcing or have sourced the required kit and hope to have the remedial works done by .... Until this time we are going to have to shut the well down but utilise the time to do a pressure build up test. Not rocket science, just common sense. Comms are better but still way off the mark for my liking. Welsh
Seahawk - So you are happy with the current share price and lack of info on how and when they plan to sort the water issue? I do plenty of reading and research thanks, so no need for the aggressive tone please! Welsh
What is SS playing at? I am over invested (like many) and starting to lose faith in UKOG and SS. I have always advocated on here to everyone to keep the faith but SS is making it harder every day to do so! We have the Oil but SS keeps on knackering up the drills. HH2z was meant to be the turning point for UKOG and investors but SS has managed again to turn it into a negative! Happy New Year All. Welsh.
Hi EOGL. I'm guessing the water at the toe of the new horizontal well was why they stopped the drilling distance short. If they new at the initial drill stage that they had encountered water, couldn't they have dealt with it then before flowing the well? Cheers Welsh
Not the perfect RNS us LTH were hoping for, but it could be worse! Hopefully they can sort the water issue and continue to clean up the well. Fingers crossed when everything sorted, they can report Oil Flow figures closer to the 1000bopd that were hoping for. Remember it's not a duster, we have the oil, SS & UKOG are just finding the best way to do it. Good Luck everyone. Welsh
Another 5 Million share trade has popped up after close of play (Same as yesterday) I know a lot will say it's YA or Tellurin selling, but so close to news, could it be someone loading up? Whichever way it's good news imo. Good luck all. Keep the faith. Welsh
Phil - All the best to you. Stay strong buddy. Welsh x