Member Info for wizard125

Argus1

As they have drilled so low, Does that mean that they will test all levels KL 1,2,3,4 or is that necessary to test KL3 & KL4?

Zoom

I think you are right also & to be commercially viable at stable rates is the most important thing.

The flow can be developed and will grow in time.

I think this is the message from the Portland declaration especially after all the previous hype & disappointment.

I have no problem in holding & waiting as when they go back & make BB commercial as well things will really start to change for UKOG imo.

Zoom

I am not sure but I thought that I read somewhere that the KL layers flowed better naturally than with the pump

I could be wrong or they may get better flows with the pump with different chokes.

Just be really carefully not to catch anything Pboo.

Swamp fever is not pleasant!

They now believe char grilled meat could be carcinogenic.

I would not want to stand within 5meters is a swampy shorter.

Never mind the smell!

Hi Boyzee

With that sort of talk I hope you have a big short open mate.

Time to burn.

Sounds like do as I say not as I do.

Good to see you trust your judgement rather than The Times.

Spelling or no spelling!

With The Times article they are using tabloid tactics to sell what is supposed to be a quality paper they will end up as gutter press when this is successful and they have advised there readers not to buy and there readers have missed the boat on a life changing opportunity for there own agenda.

Here is to the Kimmeridge being successful like the Portland.

Bring it on.

Once the 1st good flow results from the Kl4 layer are released without any problems I think we will see a good rerate on the share price.

Keef81

It is possible to rise and fall on the Kim's being successful and will to a point with some profit taking.

One of the main reasons I thinks the share price will be a lot higher & hold higher is that the Kimmeridge is not in the share price once it is in the CPR & commercial it will add real value if it hits the projections or betters them.

There are other reason's that the share price may or may not get to previous levels but we shall see.

I see Boyzee is on his paranoid stint again.

I think he must have Sold out at the wrong time & missed the boat again with a short trade.

Pity he was warned.

Orsoncart

Hopefully you are strapped in tight enough not to gt out until you have made some money.

Hold tight!

I hope to hear a happy Orson soon rather than what we have had to listen to for a while now.

Good luck to all holders.

Does anyone know if there has been any projections of oil in place in the untested Kimmeridge limestones at 1000 & 1127m meters that UKOG will test after KL3 & KL4 if there is time left after the scheduled EWT on these 3 zones?

nhawan

I was a little surprised that we did not see a maximum rate flow flow test from the new pump but as Pboo said they may have done it at night.

It also stated in a previous RNS that we would not be pumping for the maximum flow rates at all times and some tests were to find stable flow rates and how the well is replenished from the reservoir & its dimensions for the CPR.

Jurgerns

I can not disagree with you on the point of detail that they are still testing the Portland in so far as it is not complete until we have the results & a declaration.

In the meantime work is still ongoing in preparation for the next layer of the tests. I am not sure if it will be the upper or lower kimmeridge first.

The results of the Portland will not hold up the preparations IMO. as the practical work has finished.

I am very optimistic & looking forward to the Portland test results.

Looking on UKOG's twitter & seeing the early test results of 401 & 414 BOPD stable rates with the first pump & 1 tanker at a time ×3 leaving HH

Then the perforations & larger pump sending out 2 tankers at a time ×3 with flow rates yet to be announced.

It all looks very positive to me & I am happy to wait for what I think will be a very good result in the next RNS & a commercial declaration.

Snowman10andy

A promise is a promise.

Bolton town hall steps are waiting after your 15.24 post Thursday afternoon!

baits has his camera ready.

Cockernoe

I am glad that I do not rely on your opinions to make my investment decisions.

Your short term outlook & lack of confidence after six tankers in one week is unreal.

I am not sure of the process that it is necessary to go though to register this before a commercial declaration can be made.

1.You have already been told that the director would be very surprised if it was not commercial. (That is his reputation on the line)

2.you know the oil price & production costs.

3. You have seen the oil flowing on a continuous basis.

Wait for conformation

Last time we drifted back to about 1.75p

We bought out 2 partners is there more buyouts to come with this reversal?

Thanks Pboo that's quite possible & a big thank you for all you do for all of us.