Member Info for wizard125

Ibug

Do you know if any of the AME wells use water injection, flooding or fracking to enhance production.

Ibug

Do you think we may see something like this with the compatments in HH1 if this is not achieved by a short side tracks how is it achieved? Radial drilling maybe?

https://www.triple-eee.com/index.php/cms_categorie/74527/content/categorie/id/74527/CurrentLanguage/3

ocelot

The key question on well drill costs at HH wells is if they are infill wells off the mother HH1 well initially so short or longer sidetrack & how many from the HH1 well will have different costs?

Flandy25

What we don't yet know is how much oil will flow once the water injection system is installed & the chokes are opened up following the HH1 well reperforation.

https://consult.environment-agency.gov.uk/psc/rh6-0hn-horse-hill-developments-ltd/

nomlungu

If there is going to be a placing hopefully we will have plenty of good news lifting the share price before it happens.

I would definitely prefer the revenue to come from RBL especially if we have a successful outcome to the new environmental permits currently under consultation for Horse Hill so I'm sure all feedback will be helpful.

88e raised $12 million in February at $0.0045 giving them 12+ billion shares, then almost touched 5p each, it looks like the market makers are making a packet on the book sales, I'm holding tight to my shares especially when the weak holders are gone as there is lots to play for.

1. 6 well drill at HH
2. 5 well Turkey drill & EWT
3. Loxley planning appeal
4. IOW planning
5. HH possible CPR & reserve based lending as stated.

What & when?

Will it be a major year for UKOG?

ocelot

The volume of the last 3 trading days means I've become much more than a glass half full investor, I think the upside potential for the share is now substantial, if it can break through and hold above the 200-day moving average of 0.167p.

..............

With the amount traded shares over the last few days hopefully most will stick with there buys though till the Turkish drill which should push the price up more scramble for shares which are not for sale.

Who is going to let go on the cheap?

Gilders01

Hopefully everyone will be playing catch up in the not to distant future & wondering why they missed the details.

Penguins

While I understand you frustrations I personally believe they are based on lack of research & consideration of the bigger picture.

I believe that the picture will become clearer & the benifits come to the patient as we progress.

Penguins

Your opinion & not mine.

I don't believe you are right but you are entitled to your opinion am I entitled to mine or do you think you control what I am allowed to think or share. Imo. the facts don't support your opinion but if you have not done your research you may not have all the facts.

Penguins

I didn't say Turkey would be funding expensive UK wells.

You have your opinion & I have mine, good luck!

Ninetails

I understand exactly where you are & why you think & feel as you do.

I would be exactly where you are had my research not thrown up certain facts that give enough credence to the UKOG statements for me.

I am not saying that there is a immediate solution & there may still be some difficulties & delays along the way but the underlying UKOG, actions & facts remain very positive despite the current sentiment which can change very quickly like at 88 energy who after all is said & done are only just discovering oil not starting the oil production process with all flow testing complete & permissions falling into place.

We were given cashflow forecasts at the beginning of 2019 for 2 Wells which should soon be a six wells permission & I look forward to seeing them come to fruition while Turkey is developing with the multiples of those 2019 revenues forecasts supported by the needed early stage water injection well.

I am not going to post my research as there are so many contrary viewpoints & I think everyone will have to draw there own conclusions & invest or not invest accordingly but I don't think that we have got to the stage we have for nothing.

Ironhide

Good luck with your free carry but I can't agree with you on the value of UKOG's assets needs more research and a little imagination imo.

https://mobile.twitter.com/UKOGlistedonAIM?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor

Volume 612,939,854

Todays Volume 764,694,160

Will we see some of the half drilling costs of Turkey coming to the UK at Horse Hill?

Is the glass half full or half empty?

Primula

As a stated non shareholder who are you trying to kid?

The only thinking you need to do is to decide if you are going to invest?

Based on your posts here it is unlikely as this share price is set to go the other way.

If you are from the swampy camp at the top of horse Hill road you are going to be very disappointed shortly and I don't think one porta loo will be enough!

Have a nice day!

Penguins

You have seen me post here for a number of years now & you have always posted against my point of view so for me there is no point giving you my point of view only to have you trying to rubbish it as you believe you are always right.

For me I don't care for your opinion, I have my own & am invested accordingly & am not here to ramp or deramp only to say that in my opinion things may not be as they seem but everyone should do there own research & draw there own conclusions & accept the responsibility for them but not cry if they missed the boat.

Besides for all your protests you now claim to be well invested ( Did the lady protest to much did I hear anyone ask? )

Primula

By the way I missed you definition of failed?