Rns 14.06.18 Some progress. Hopefully a positive Q4 18. A_D
Re: ZRe: We�re doomed Captain Mainwaring you must be dyslexic.
ZRe: We�re doomed Captain Mainwaring I made it 21 Billion
Re: We�re doomed Captain Mainwaring My average price is 0.050plet it drop so I can buy more.Estimated reserves of 21 million barrels of oil.Bring it on!!
Re: We�re doomed Captain Mainwaring Doomed, I said doomed !
Re: media speculation-placing This share has become a farce to outshine anything Brian Rix could conjure up.
Re: media speculation-placing Makes no sense at all, tell everyone, drop the price, and then settle placing for even lower.Big games being played here, been saying this for a long time, stall and sabotage at play here!!!!!!
media speculation-placing 8 June[link] notes recent media speculation regarding a fundraise and announces that it is considering raising funds. The Company is progressing discussions and should any arrangement be finalised a further announcement will be made. Terms including amount and pricing are to be agreed and there can be no certainty a transaction will be finalised.
Re: RNS At last a mention of some progressive statement to indicate HH is in the production pipeline. Lets hope its sooner rather than later.
RNS RNSRNS Number : 4118QUK Oil & Gas Investments PLC06 June 2018 UK Oil & Gas Investments PLC ("UKOG" or the "Company" Competent Persons Report on Recoverable ResourcesConventional Oil Accumulation Portfolio, Weald Basin, UK UK Oil & Gas Investments PLC (London AIM: UKOG) is pleased to announce that the Company has today received a Competent Person's Report ("CPR" detailing the Hydrocarbons Initially in Place ("HIIP" and associated recoverable volumes expected within the fields, discoveries and exploration prospects of its nine UK onshore licence holdings. The CPR, prepared by Xodus Group Ltd ("Xodus", focuses upon the Company's discovered conventional oil accumulations and is available to download from the UKOG website www.ukogplc.com.The CPR reviews the Reserves and Resources lying within conventional oil accumulations within the following assets: Avington (PEDL70), Baxters Copse (PEDL233), Holmwood (PEDL143), Horndean (PL211), Horse Hill (PEDL137 and 246), Isle of Wight Onshore (PEDL331) and Markwells Wood (PEDL126). The effective date of the CPR is 1st January 2018. The reported figures exclude Kimmeridge Limestone potential resources. Summary Reserves and Resources tables are located below. Highlights of CPR Recoverable Resource figures: · 21.0 million barrels ("MMbbl" Total UKOG Portfolio Net P50 Recoverable Resources (an aggregate of Net P50: Reserves, Contingent Resources and Prospective Resources as set out below)· 13.2 MMbbl UKOG Net P50 discovered Contingent Resources from five oil fields and discoveries, of which 10.2 MMbbl UKOG Net P50 Contingent Resources lie within the Isle of Wight Arreton discovery· 7.7 MMbbl UKOG Net P50 Prospective Resources within the Arreton and Holmwood prospects· 85,000 barrels Net UKOG P50 Reserves from stable production at Horndean Field Stephen Sanderson, UKOG's Executive Chairman, commented: "This CPR, the first evaluation of UKOG's entire conventional asset base, is an important company milestone and amply demonstrates the substantial growth created in the Company's four years as an Oil & Gas investing company. Furthermore, it demonstrates that the significant growth potential of our flagship Kimmeridge Limestone assets is solidly underpinned by UKOG's discovered oil resources lying within geologically simple and easy to develop conventional oil accumulations. We now look forward to the forthcoming production testing campaign at Horse Hill, the first of a series of planned near continuous appraisal drilling and testing programmes designed to transform the CPR's recoverable resources into permanent production and reserves." CPR Summary Reserve and Resource Tables Table 1.1 Gross and Net Reserves (in MMbbl): Oil Reserves (MMbbl)W.I.Gross VolumesNet to UKOGOperatorCategory1P2P3P1P2P3PHorndean10%0.390.851.290.0390.0850.129IGasTotal0.390.851.290.0390.0850.129 Table 1.2 Gross and Net Contingent Resources (in MMbbl): Oil Contingent Resources (MMbbl)W.I.Gross VolumesNet to UKOGRisk FactorOperator Category1C2C3C1C2C3C%Avington5%0.310.370.410.0160.0190.02140%IGasBaxters Copse50%0.802.404.800.401.202.4040%IGasHorse Hill - Portland32%0.591.503.630.190.491.1875%HHDLIsle of Wight Onshore65%9.915.724.16.4410.2115.6775%UKOGMarkwells Wood100%0.631.252.710.631.252.7160%UKOG (GB)Total12.221.235.77.713.222.0 Table 1.3 Gross and Net Prospective Resources (in MMbbl):Oil Prospective Resources (MMbbl)W.I.Gross Vo
WeÂ’re doomed Captain Mainwaring Poor company, incompetent and misleading management. This time it is all over.
Re: Weald Basin Licence Extension Think it will be a much more steady rise this time, not go crazy like last time... as a lot of people got stung for it..The company still rests on horse hill, then and only then will we known commercial viability is still in play, and hopefully it will be better results from before.Seems promising but seems like its all this company does at the moment YI
Weald Basin Licence Extension Here we go again, form an orderly queue for your seat on the next roller coaster!
Re: Worst company for news Unfortunately unless they report good news then the share will plummet.Obviously there is no good news, hence the silence.Know it's hard but if there is any good news they will be singing from the rooftops.HOPE that is soon glalth
Re: hello out there I got caught out with BB but made a small profit just before it went bang but am happy to hold.