Member Info for wizard125

The fool on the hill
?

@Adrianwfire
3h3 hours ago
More
#HORSEHILL #UKOG

BREAKING!

Pump is pumping and the flare is aflarin this sunny Saturday morning .

?????? quack quack quack.

Thanks Adrian

If they free flow HH1 would the flare stack be going?

https://mobile.twitter.com/Adrianwfire/status/1218133228860649474

Keep up the great work.

Ignore the trolls, you all do a great service for all genuine holders.

https://mobile.twitter.com/Adrianwfire/status/1217019981365497863

David Belamy was another who did not believe the club mate change rubbish spouted.

They will all sidelined for those that have a different adjenda!

Drinkalot

I think you are looking in the mirror at yourself when you post this rubbish!

Climate change is fake news & does not exist.

Climate change is not man made & the climate has evolved since the begining of time.

So says the founder of Greenpeace.

https://www.breitbart.com/clips/2019/03/12/greenpeace-cofounder-climate-crisis-not-only-fake-news-its-fake-science/amp/?__twitter_impression=true

Mr008

I'm presuming that the long duration pressure build up test is part of the minimum 90 day flow tests which I am sure will be comprehensive & hopefully give UKOG much more data for the CPR.

Time & patience need.

Planning application in relation to Broadford Bridge:

https://westsussex.planning-register.co.uk/Planning/Display/WSCC/079/19

https://westsussex.planning-register.co.uk/Planning/Display/WSCC/078/19

Please click both links & say I support the application.

My understanding is that they currently hold 6.4% of UKOG shares.

Nice to see the derampers gone.

UKOG will win in the end time & patience required all Will come good.IMO.

OilMasterUK

That would mean that with HH1,2,& 3 in production by September 2020 HH would be at full production with capacity of 3500 BOPD

That leaves HH up to 4 HH kimmeridge sidetrack wells over the allowed production threshold once a Portland CPR is published.

Happy days ahead in my opinion after the 90 day flow tests of HH2.

Ewqwe1234

I have always been me over the last 2 years & remain invested Long despite your rhetoric.

The fact that your current stated position is short & may change with circumstance speaks volumes as to to your character, position & loyalties IMO.

Corporate Presentation November 2018
15/11/2018
[Download PDF]

All progressing as planned even if a little delayed by circumstance.

I look forward to the interim figures at the end of June for a realistic update then onwards & upwards?

Ninetails

With your self declared position in the oil & gas industry & your posts on this bill board I am filtering you as a unstable troll.

Other posters should beware of your posts IMO.

Maybe you should sell up if you are really invested & follow you contemporary Heid to Union Jack oil.

If you really have no understanding the share that you are invested in that is in a transition period from a investment company to development company to production company which has jus expanded it's holding in its flagship asset by a further 35%.

This company has had the support in the last 2 years increase it % share of HH from 32% to 86%.
NO mean feat IMO.

Apart from this the extra % shares of the IOW from 65% to 96%which is now coming to planning.

100% of PEDL 234 which is already owned & planning is awaited for Dunsfold & an etention for the BB site for a return with extra data.

Holmwood licence share holding extended from 40% to 65% & UKOG becoming operator while new drill sites are sourced after the previous 10 year debacle should see this asset move forward especially once we receive data from Dunsfold.

The aim of the change from investment company was for growth this has happened as stated.

while I accept that the revenues need to follow which is earmarked by the 6 wells planning permission at HH & the drilling of HH2z, the 35% purchase from Tellurium for which despite the £11 million payment a extra 35% revenues will be received for at least 25 years.

Broadford bridge. Two new planning applications are on WSCC the time before site restoration or planning application.

Please SUPPORT applications.

https://westsussex.planning-register.co.uk/Planning/Display/WSCC/078/19
AND...
https://westsussex.planning-register.co.uk/Planning/Display/WSCC/079/19

#UKOG #HorseHill #Eyyes
@Adrianwfire

@WealdOilers

@Share_Talk

#HNY2020

Penguins

Are you suggesting at SS should buy a larger percentage of Horndean?

I think it is past your bedtime!

Avoid. Huge debt and leaking cash fast. Read this out from http://simplywall.st

https://simplywall.st/stocks/gb/energy/aim-hur/hurricane-energy-shares/news/does-hurricane-energy-lonhur-have-a-healthy-balance-sheet/
Simply Wall St - Become a better investor
Simply Wall St helps investors make better informed decisions by turning complicated data into simple visuals.
simplywall.st

Following JK1's constant interventions on an another bill board I wander how you all feel that these figures will look to 31. 12. 2019 & beyond.

Good luck to you all!

Income Statement 31-Dec-14
( £ m ) 31-Dec-15
( £ m ) 31-Dec-16
( £ m ) 31-Dec-17
( $ m ) 31-Dec-18
( $ m )
Continuing Operations
Revenue n/a n/a n/a n/a n/a
Operating Profit/(Loss) n/a n/a n/a n/a n/a
Net Interest -0.52 0.00 0.00 0.86 1.46
Profit Before Tax -9.02 -5.52 -4.70 -7.00 -60.91
Profit After Tax -9.01 n/a 0.66 n/a n/a
Discontinued Operations
Profit After Tax n/a n/a n/a n/a n/a
PROFIT FOR THE PERIOD -9.01 -5.52 0.66 -7.00 -60.91
Attributable to:
Minority Interests n/a n/a n/a n/a n/a
Equity Holders of Parent Company -9.01 -5.52 0.66 -7.00 -60.91

Continuing EPS
Earnings per Share - Basic -1.45p 0.87p 0.07p -0.46¢ -3.11¢
Earnings per Share - Diluted -1.45p 0.87p 0.07p -0.46¢ -3.11¢
Earnings per Share - Adjusted n/a n/a n/a n/a n/a
Continuing and Discontinued EPS
Earnings per Share - Basic -1.45p 0.87p 0.07p -0.46¢ -3.11¢
Earnings per Share - Diluted -1.45p 0.87p 0.07p -0.46¢ -3.11¢
Earnings per Share - Adjusted n/a n/a n/a n/a n/a

Dividend per Share n/a n/a n/a n/a n/a
Balance Sheet 31-Dec-14
( £ m ) 31-Dec-15
( £ m ) 31-Dec-16
( £ m ) 31-Dec-17
( $ m ) 31-Dec-18
( $ m )
Assets
Non-Current Assets
Property, Plant & Equipment 0.22 0.09 0.02 445.29 728.17
Intangible Assets 177.31 176.01 245.15 126.36 131.53
Investment Properties n/a n/a n/a n/a n/a
Investments n/a n/a n/a n/a n/a
Other Financial Assets n/a n/a n/a n/a n/a
Other Non-Current Assets 0.00 0.00 2.33 16.09 24.30
177.65 176.23 247.62 587.95 884.19
Current Assets
Inventories n/a 0.41 0.36 1.43 4.57
Trade & Other Receivables 1.55 0.42 5.89 4.74 0.82
Cash at Bank & in Hand 15.86 9.94 79.90 141.96 98.86
Current Asset Investments n/a n/a n/a 201.97 n/a
Other Current Assets 0.00 0.00 0.00 0.00 0.00
17.41 10.77 86.15 350.10 106.00

Total Assets 195.06 187.00 333.77 938.05 990.19

Liabilities
Current Liabilities
Borrowings n/a n/a n/a n/a n/a
Other Current Liabilities 0.09 0.08 0.79 0.17 0.93
1.49 0.27 21.34 28.84 55.06

Net Current Assets 15.92 10.50 64.81 321.26 50.94

Non-Current Liabilities
Borrowings 0.00 0.00 0.00 191.10 198.36
Provisions n/a n/a n/a n/a n/a
Other Non-Current Liabilities 7.28 3.22 4.83 35.64 108.66
7.28 3.22 4.83 226.75 307.03

Other Liabilities n/a n/a n/a n/a n/a
Total Liabilities 8.77 3.49 26.17 255.59 362.09

Net Assets 186.29 183.51 307.60 682.46 628.09

Capital & Reserves
Share Capital 0.63 0.63 1.20 2.84 2.84
Share Premium Account 210.70 210.81 332.31 813.50 813.68
Other Reserves n/a n/a n/a n/a n/a
Retained Earnings -30.96 -36.48 -35.82 -60.38 -121.29
Shareholders Funds 186.29 183.51 307.60 682.46 628.09

Minority Interests/Other Equity n/a n/a n/a n/a n/a
Total Equity * 186.29 183.51 307.60 682.46 628.09
Ratios - based on IFRS 31-Dec-14 31-Dec-1

Mr008

This equated to about 5% of the UKOG market cap for about 8.75% of the HH licences giving UKOG overall control & what will be nearly 86% of the HH oil revenues & NPV for the next 25 years which is not yet factored into the share price or dividend payments to come.

GL all LTH!