Member Info for wizard125

Crocqman

It may have been a tough year that for me would have been a lot tougher without the interim results statements & a company who is looking forward, discussing it's future & now presenting those discussions proposed & in a enhanced form of growth.

I don't think that I will be slashings my wrists just yet!

A presentation slide of Turkey.

https://mobile.twitter.com/ukbigdaddyian/status/1337667512000008192/photo/1

Lillyofthevalley

My thought are to look at what is happening around us, & what was described as making HH robustly commercial.

When you have done that I would read the interim results published in June / July of last year & what maybe driving Turkey apart from the details of the presentation.

We have constantly been told placing coming, placing coming, placing coming but it has it materialized?

I appreciate we can all only decide if we see positives or negatives & must also take into account what the outcome of HH1 maybe.

Personally I think there are still thing's to be resolved but it is not all soon and gloom.

Mirasol below was yesterday with the glass half full but today is very negative, what will tomorrow bring?

"It is still pressure build up , produces fixed amount or down to a target pressure, and monitored pressure build up again gathering all the correct data. He is trying to measure the reserve size or the connectivity to the Kim or HH2"

You don't produce in a long term pressure buildup - doing so upsets the equilibrium and you effectively are starting all over again - its been explained many times that the distance you can "see" from the analysis is , unfortunately , a semi-log graph - so you see 100 ft in say 10 hours, 200 ft in 100 hours, 200 ft in 1000 hours etc etc

That's why these buildups take so long

Lillyofthevalley

TW would not know a investment over a trade if it bit him in the backside.

While everyone has there own styles of investment I note that even the Motley Fool has gone quiet on UKOG.

Maybe by saying nothing, they say more than they intend?

We will see but I know who I am backing through thick & thin!

Sting69

If you meant tea total, no prizes for guesses for who you meant!

65jh

One look at your posting history tells us all about you & the reasons that you are here.

The only thing that I can agree with you on is how far UJO is behind UKOG.

Sting69

A little stimulation may make it gush!

Let's hope so.

Sting69

I think Turkey will be right up your street as they don't mind how it comes out of as long as it comes out.

What import tarrifs do you think will be put on imported oil & gas after we finally leave the EU?

Brent Crude 50.61 / $51 soon

Brent Crude 50.37 +1.51 now.

Up, up & away. More to come.

AME has a drilling & a workover rig .

Turkey has no restrictions on conventional & unconventional oil production as well as it wants oil produced for it's economy as soon as possible.

Production could be very quick once drilling begins in the success case, not the years we have been bullied here with shareholders footing the bill.

The directors have a duty to protect & develop shareholders interest & as big a departure this new venture is from the UK we could sit here in this stalemate for many years & not get anywhere.

The interesting thing is that we have not seen the placing which has been shouted about by FOTH & the other muppets.

Does this mean that UKOG already has the funds from previous raises or revenue?

Skwizz

At that rate you could be buyer 10 million Bob!

Penguins

Who do you think you are?

Penguins

Actually no excuses as explained & as poster Sanderson told you when you were not prepared to communicate with them. UKOG will own 100% of HH . They have completed the Portland field development plan & started production & you are still complaining. They will go back to the centre of the Weald in PEDL 234 to test the Portland for gas & complete OGA obligation work's ready for the Kimmeridge FDP following a successful application or appeal.

This may have been a forward looking statement but you then choose to complain that you get no response from UKOG with your correspondence.

You don't have to like what happens. You can buy more shares at any time or sell at any time you choose, all or in part.

I am a LTH & will make my own decisions when I choose & not feel obligated to consult you about my decisions on the matter.

Skwizz

Are you taking trading lessons from Ibug as he recons that he has a lower share price average than you?

Brent Crude 48.71

Penguins

Well hello & how nice to hear from you again.

I thought that I would give you some time to regain your composure after your nearly got there to a yes or no answer but not quite yesterday?

Unfortunately your response today was not an improvement but only what I have come to expect from you. (So I was not disappointed, it would be quite funny if it were not so sad!)

As for UKOG apologist, I think not, neither you or I sit in the UKOG driving seat & see everything ahead or control situations or the implications of previous decisions taken & how they fit in with time-frames or current circumstances.

It appears that thing's changed in 2019 especially after early 2019 when they first held over 50% of HHDL.

Following that & the purchase of Magdalenes 35% stake planning permission was granted for 25 years for 4 more wells (which would equates to 2 sidetrack wells, which I can see that Ruthy tried to have a field day with) & a water injection well which along with the HH1 verticle well meets the requirements of the xodus 2018 CPR & as stated no other sites are required as the Portland is only at HH.

The other partner companies have already decided not to pay there share of costs.

By April of this year the OGA had agreed UKOG's Portland field development plan & the production licence commenced with work now done to improve the proformance of HH1.

I'm sure if you make the effort there is plenty more information in the RNS's that you are either not seeing or mentioning.

I see that you still are are a declared UKOG shareholder & despite your bitter disappointments believe that the share price will rise in the next 12 months.

Your negative points are well documented so would it be possible for you to explain to me & our fellow posters the positive reasons that this may happen?