Member Info for wizard125

We certainly can Captain.

Now looking from you perspective & where UKOG has come from is the glass now at least 1\2 full or 1\2 empty?

Oh Captain

You sound very bitter?

Everything costs money!

Hopefully with the revenues & cash flows coming this can be mitigated or a bond scheme be Put in place.

We have the ex Hurricane finance director as a non executive director who I am sure can provide some insight.

Thechancers

Good luck with your next share.

Thechancers

You pays your money& you takes your chance?

Kimmeridge not priced in to the share price & awaiting KL 3 flow test results.

With about 40 tanker of oil reported to have gone to the refinery from KL3 alone.

I can wait!

Thechancers

Maybe that's the idea to remove the pigeon food for you to trade off.

As a holder I can wait.

Camper down

We have listened to many such comments even from one who was on the original dill team (piejoe)

Now that it has flowed he has gone. Wrong then wrong now!

What is your agenda?

The data available today was not available in the 80's & BP thought they had bigger fish to fry than spend time & money on proper exploration.

There loss our gain!

Director comment the Weald could be 1 maybe 2 Whytch farms.

Time will tell, but you have to be in it to win it.

No music or anything from Adrian!

Looks like an early night.

It could be an early morning & a busy day with a top RNS & lots of tankers!

We live in hope.

Gl all genuine UKOG holders it's a coming!

I hope Antonio will wait for a better exchange rate to repatriate the 4 billion or use it in Europe to fund Lloyd's ventures there without wasting £'s at he current exchange rates.

Its great not to see all the rubbish from DCB & JAYFAX that have spoilt this board for so many.

I am still a holder & still in profit.

It is great to see Sufcessex holding more than 1\3 more shares now than the 285,00 he use to advertise.

It is interesting that we have come briefly into the 56. +p rage that Goldman Sachs forecast .

It will be interesting to see if we go any lower but the forecasts on the other side of the 56p were for 90p + before dropping to around 70 p.

As other investment's come good I will top up if prices remain this good or better!

John46

Re: your 12.51 post.

I agree that house price are way over valued & may be due a fall.

The major saving grace this time for Lloyd's is the property shortage.

When interest rates rise & repressions rise I believe that instead of auctions & fire sales being the first option, Lloyd's will become a social landlord maybe though it fund management arm.

This will bring in an income retaining families in there homes maybe with the opportunity to repurchase the property in the future.

This could also be done on a shared ownership basis to allow the mortgagee more flexibility I am not sure we will see a wholesale return to the early 90's scenario but with so much value in property at such low interest rates a major re rate higher could indeed cause havoc. In the short term it could become a buyers market as the market usually over reacts so cash will be king.

There are many different options becoming available with mortgages in later life & lifetime mortgages.

So I believe the is still a lot of growth in these market if this is played correctly by the UK's largest mortgage lender.

Strummer

Would a comingled test on KL3 & 4 be done free flowing or on a pump?

Jiffy

I am sure that there was a comment that if there was time in the flow tests they may test KL 1 & 2 as to if this comment referred to the these flow tests or the ones planned for after drilling HH2 & the sidetrack I am not entirely sure.

What seems unusual is the continued use of the pump which flowed better without it (901 not 700 BOPD) in the previous tests.

My other thought was if KL 3 & 4 are linked & the flow rates are considetred commercial will they conduct them as 2 tests or 1 providing time?

What are your thoughts as to why they were still using the pump on what is described as KL 4 tests?

I am surprised that the pump is still on.

This could make it a even bigger business if they are actually testing KL 1 & KL 2

KL 3 & KL 4 certainly did not need a pump to flow & flowed at far higher rates without the pump.

Something special has brought DL back from down under I wander when they are going to share the news?

Lejjb

Hopefully this will clarify my point better without using numbers.

As an example with 20 sells totalling 2 million shares my understanding is it is the market makers job to allocate these 2 million shares to how ever many buyers is needed to place the shares as the orders come in & they can vary the share price or he margins to help the transactions flow balancing there books & making there margins.

I love the positivity Heid!

Positivity breeds positivity.

It' a kind of magic & HH magic will all be commercial.

The future is bright the future is UKOG.

Lejjb

I don't think because someone wants to sell 1,000,000 shares you have to have a 1,000,000 share buyer
this is why the trades look so disjointed but at some point the market makers have to balance the books.

As far as I understand a 1,000,000 sell could be made up of a 100 × 10,000 share purchases or whatever number it takes to make up the 1,000,00 sale.

Gee!!!

Thanks Held

I only try to do things that I really believe in.

I try to understand the risk & all the noise & billybull that can blow the facts out of proportion.

I really believed from reading the accounts & RNS from earlier this year that this will come good despite all the nay sayers.

Ninetails

The good part about this Christmas is that we know we have flowing oil & commercial wells.

Unfortunately the share price does not do it justice at the moment.

Hopefully it will be better news by Christmas & fantastic news by next Christmas!

It looks as if the permitted development & future production plans will be decided by the Secretary of State not local councils.

The consultation period finished in October but I do not have any details as to when it will be enacted.