Member Info for Whatnonewsyet

Grayling are you an idiot? You are spreading misinformation and your agenda is obvious. I hope you are exposed for this rubbish. I don't think for one moment that the executives at bp will be swayed by your b*lls**t.

So why has SS not thrown the towel in? 100 million or 100 billion, would SS make

If SS is confident of the CPRs then why would he rush to raise cash through dilution? Unless the cash flow from two horizontals is not soon enough to get things moving on several fronts.

Always thought that once CPR for Kim is released and production licence in place UKOG could approach banks. Sounds like SS has kept the door open if there is a timing issue. If acreage addition then not dilution?

They do have a comprehensive set of documents to review before giving their blessing! Why they couldn't have come up with a date for the planning committee meeting and then held all collective feet to the fire is beyond us mere mortals. Happy to get approval on 17th April. We will be well on with HH2 and 1z by then. The show is going on and must go on. Time for a glass of the red stuff!

Getting oil to export is a significant factor and relatively expensive - stating the obvious. With well productivity proven and the extent of resource defined there would be an opportunity for a mid stream business to be established by securing an optimum route and capacity for a pipeline to Hamble. Lord Brown at bp made his mark as a young graduate engineer by suggesting the Forties pipeline should be sized to accommodate 3rd party producers. Forties pipeline was a cash cow eventually sold to eneos. No doubt pipeline feasibility studies will have already been undertaken. We also need the PDEL234 exploration completed. Wytchfarm size of developments will need a pipeline. When we have the 'problem' of needing a pipeline hopefully being in AIM will be history and that it happens in the next 18 months or less.

Hey Oakleak, nothing is ever guaranteed but based on recent interviews, UKOG acquisitions of minor holdings, demonstration of flow from KL3 and 4 etc there must be good news in store in the coming months. The prospect of UKOG unlocking the Weald potential is really exciting. Going to bed happy if a little impatient. Rugby to wallow in tomorrow!

Thank f### for that. DL waiting in the wings to sell?!

The Kimmeridge donkey has been active for 50 years, pumping 350 BPD initially and now closer to 50bpd. Do they really know how much is down there? Oil running out in 2019 is off the mark, can't imagine Premier Oil share in Wytchfarm being bought by Perenco if they thought the oil was running out in 2019. That in itself is good news. Wytchfarm has been producing since 1979! National Significance. As SS has suggested perhaps there could be two new 'Wytchfarms'. And that probably does not include IoW.

Family always come first. Dual access at Dunsfold sounds useful. I live but a stones throw away from Wytchfarm and apart from a few signs there is nothing visible. The most I have seen is the top of a drill rig. A clear demonstration that an oil field can be developed with great sensitivity. Next few months at HH will be very interesting and telling.

Wytch Farm oil production extended in Dorset - BBC News https://www.bbc.co.uk › news › uk-engla... Worth a read if you haven't already. Perenco extend Wytchfarm production by 21 years beyond 2016 to chase after remaining reserves of 43million barrels. Think you need to hang on to those golden tickets as HH takes over the top onshore field title very soon.

Tonka bean!

What a cracking RNS! Today's sp will be a distant memory in a matter of a couple of months. Portland HH2 will be tested during 'Spring 2019' potentially up to 4 tankers a day..... Rig will turn up any day now! More.news due for Kim test as it now undergoes another pressure test. Then sidetrack HH1z and target a fantastic 3500bpd from Kimmeridge. The CPR reports will be being proof read right now. Lift off time! What a journey it has been with more turbulence to come. Well done SS and team.

Who is this uncle? Usually a euphemism for the guy who is having an affair with one's mother and he is referred to as your 'uncle'.

Surely you have some patience, with so much news expected in the next few weeks we should see a tick up. Just read DHC blogs to remind yourself of the positives.

Hey Bull! Texaco now Chevron. Who cares really if they buy out at a juicy price. Bit early for buy out. I am hoping UKOG sell off HH and go on to prove up IOW and BB / GB before selling them off. That would be very good indeed.

Perhaps, big oil buys UKOG HH licence for 25p a share. SS hands out divi, and keeps a little back to get after IoW and GB and BB. OK just getting excited!

Testing KL3/4 not yet finished and we have yet to a CPR. That should get the sp moving north. Wish I had spare cash.

Agreed Sageman, great RNS but market needs more technical data. No mention of recovery factor. Still think all good and now we stay patient for more info to be released. Clear plan set out in the RNS so 2019 is going to be a fantastic year!

Nice one Zoom. KL4 is being tested' outlook remains fantastic. Holders continue to hold for 'Kimmeridge, she has some more surprises yet!' Merry Christmas and a Prosperous New Year all LTHs.