Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Maybe Ibug has not understood the concept that the recourses in the Weald basin and Turkey will lead the way towards further development.
What UKOG investors and the market need is transparency from the BOD to provide confidence rather than pie in the sky and no substance.
ocelot
The way things are going at some stage I think we will see the company change it name to UK Energy or something similar with its diversity.
I am sure that many in the city have been asking how the company is moving towards the future as a new culture could go along way to a UKOG revival. Hopefully after all the work and investment that has gone in so far this will be a spring board.
ocelot
That is where I was going with my second post and there is time for them to see where they are and what partners they want or need onboard depending on other future developments and outcomes.
HH1AN2
I agree but the project discussed today is a pipeline project that will not go to the planning inspector for about 3 years.
The update on the website talks about 2022 for water injection in HH2 and awaiting costings and further drill plans decisions in Turkey before further infill wells at Horse Hill which was always the plan. If these developments provide a increase in the share price and revenue things will progress a lot more smoothly especially at current commodity prices likely to go higher towards the year end.
I want these current projects to come good as well, while providing growth and a base with a direction and vision for a sustainable future encompassing development towards a Net Zero future that will be required moving forward by governments & markets.
Hopefully there will be support provided as SS mentioned in interview to help with these developments.
Ocelot
The trolls post here every day to make genuine long term holders fear there investments and make them believe that UKOG has no future.
Today I think that UKOG has shown that it is a company developing the old and the present while also turning further to the future with new developments and planning for the long term and net zero.
While oil will still be needed for many years to come for UK energy security, there are moves afoot for gas to become a green fuel.
I'm sure we will soon hear from the normal doom and gloom mongers. But I don't think that even drill or drop can call this new development just a green washing.
Legalese
UK and EU want gas to become a green fuel.
Rishi Sunak is a supporter of Carbon capture and other strong potential Conservative leadership challengers are pro UK energy independence.
Incentives were provided yesterday for UK oil and gas development which with the needed changes to Russian supplies to Europe leave a gap in the market which UKOG is primed to fill especially if funding help and fast tracking permit for development and production would be provided in the national interest.
Carbon emissions will fall elsewhere as production post COVID struggles and Russian production and sales deteriate.
https://www.independent.co.uk/climate-change/news/rishi-sunak-climate-change-oil-gas-b2088343.html?amp
trollhunter2
It sounds as if you think that Loxley could be fast tracked with drilling, testing & production becoming a single continuous process as SS described the process working in Turkey. PEDL234 is already a production licence?
patrick7
If Loxley planning permission is granted it is not the planning officers who will be overruled but the committee members who voted it down despite advices warnings from officers and there solicitor at both planning meetings.