Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
JayKay - Maybe they've figured out they don't need to drill more than the two wells to get to 3,500bopd ;-) Good luck everyone. Welsh
Hope you are right Pboo and appreciate the update, but we really, really, really need to hear it from the horses mouth (SS)! Communication has been a lot better of late, but he's gone quiet again which most people associate with bad news because of historic events. An RNS, a tweet, anything SS! Please put us out of our misery, good or bad! Good luck everyone. Welsh
Done for me and Wife.
Fjones40 - I think you need to read the summary details in relation to the loan with YA. For me, YA converting the minimum value of £150,000 into shares is good for us pi's. If the flow rates from HH2-z are good i.e. 1,000bopd cash generation will be greatly increased. This gives UKOG the option of paying down some or all of the loan back in cash with no penalty if they so wish. Also your statement of the debt pile increasing is also a bit misleading as the loan incurs 0% interest. It's all in the loan summary. Good luck everyone. Welsh.
Hold onto those shares peeps! This is going sub 1p. Keep the faith. Cmon SS get that well flowing. Good luck everyone, Welsh.
How many shares would someone now have to own in UKOG to have to TR1? Asking for a friend ;-) Good luck everyone. Welsh
Hi Blade. It could also be a 5 Million buy and someone knows something ;-) Just trying to keep the board balanced. All the best everyone. We're close to some of the biggest news in UKOG's histrory very soon. Take your chances, place your bets. Red or Black? Welsh
More late reported 1.15p trades today both for 108 in quantity. Something up or someone messing around? Roll on mid Nov and fingers crossed for some big flow rates from HH2-z. Keep the faith people. All the best, Welsh.
Hi Seadoc.
So no alteration to the current well setup apart from the gas to wire that you mentioned? Would they not look to put production tubing in to try and get increased flow? Cheers Welsh
Are they going to alter the existing piping on HH1 to turn it into a full production well from a test well or is it simply a change in terminology please? If it's a daft question I apologise, but need to try and get clear in my head. Cheers Welsh
What are the two late reported 1.15p about? Both for the same quantity of 734 shares per trade. Probably a logical explanation, but can someone give me an explanation please? Cheers Welsh
Some big Buys or Sells today. Whichever way the trades were, it can only be a positive for me. Either it's someone accumulating or YA selling. Win/Win if you ask me. Also if YA are selling, someone is aslo buying those shares. So again Win/Win. We need a firm bottom to be established now with the share price, then onwards and upwards with hopefully positive news flow continuing. Best of Luck everyone. Have a good weekend. Cmon Wales! Welsh
Have we had OGA approval yet for the 4 additional wells and the water re-injection well yet? Welsh
Hi Seadoc. Short term the share price will be governed by the bopd rates achieved and investor sentiment. Longer term (this is where I think you've miscalculated) the share price will be underpinned by the CPR. Good CPR could blow the bloody doors off. A not so good CPR and you'll probably be quids in. Good luck on your short, but I hope you are so wrong. Best of luck people which ever way you are waging. Welsh
Will we need additional Flare stacks when producing from multiple wells or will they just pipe every well to the existing Flare stack? Genuine replies only pls. Cheers Welsh
My only hope is that the price is being manoeuvred down to accommodate an II or two! Maybe wishful thinking, but no way should this share price be anywhere near 1p imo. Keep the faith. Good luck everyone. Welsh.
How has google arrived at a 1.15p finish price for UKOG today pls? Keep the faith. Hope everyone is good. Welsh
Let's see if another large buy/sell trade is being worked at 1.13 to 1.14p. It seems very similar trading to the other day when a 8,500,000 share trade popped up late in the day. Good luck everyone. Have a good weekend, Welsh.
If Lord Lucan and Co. at Angs are buying shares, surely you can SS. Us PI's are looking after you, how about a bit of pay back pls. Good luck with drilling. Welsh