sincero
23 Mar 2018
Re: Loan conversions - total 37 million ... wwg"rampers with new identities " says the doughnut that ramps when holds and deramps when sells and has other identities on other posting boards. hypocrite .clown.
Walking With Giants
23 Mar 2018
Re: Loan conversions - total 37 million ... More newbies being suckered into this one. The game starts again ......... rampers with new identities telling the same old story in new clothes.Mystery is why did they fail to test HH fully before moving to the 'flagship' BB ??Even if UKOG get their 33% of 1500 bopd [if it flows and not draining a small puddle] then 500 bopd does not value the company at todays MCap.
danpoe
23 Mar 2018
Re: Loan conversions - total 37 million ... Two wells @ HH,to start,Oil there..Hopefully "NO BRAINER"..I feel more optimistic now. . "STRONG BUY"
sincero
23 Mar 2018
Re: Loan conversions - total 37 million on 2... WWG " a fool and money are soon parted"That comment sums you up old man. Bitter at another loss. 50+ years , multimillionaire my arssssss
GRAMPSAV
23 Mar 2018
Re: An Optimistic View With oil now approaching the $70 a barrel mark and the worldwide political situationlooking unstable this can only drive prices higher. Trumps administration now looking to destabilise Iran will be another factor in driving The oil price North. UKOG in a strong position to capitalise on this over the next two years with the Wealdoil reserves being the future backbone of this company.
Walking With Giants
23 Mar 2018
Loan conversions - total 37 million on 22nd March LAst loan conversion RNS suggests 37 million shares went into AIM yesterday. With a possible 37 million loan conversions sitting with the market and the lenders wishing to recover their loan. Why would lenders rush to recover cash by selling loan conversions now, rather than waiting for the HH result? IMHO just like BB they know the situation and have decided to recover their money now. The market playing their part in rising the bp to levels needed to grab back the loan paid and SS issuing a RNS the day following the second loan conversion announced: all March 22nd. IMHO todays RNS is to suck in newbies. BB sellers simply will not return until there is flow results at HH. However, as they say a fool and money are soon parted and the game is again restarted. So your money yor choice but clearly view the background.
danpoe
23 Mar 2018
Re: Loan conversion fire sale. YES..."SCREAMING STRONG BUY...2 WELLS HH" :M
sincero
23 Mar 2018
Re: Loan conversion fire sale. walking with giants get a life. You are banned on LSE as buzzbuzz so you peddle your tripe on here . you are just upset ( again) that even with your 50+ years of experience, you bottled it and sold at 1.15p yesterday at ANOTHER loss and now the price is rising . You are the only one to blame.stop trying to blame others and stop trading you are clearly not very good at it .
Black Pilgrim
23 Mar 2018
Re: Loan conversion fire sale. If you had not sold prior to today, one would be silly to sell now when a side track to HH1 and new well HH2 is going ahead soon. And all already financed.Again, if you did not sell until now. Why would you sell now? Time is to buy, let it rise to 5p on hope of good results. Then either sell at 5p before results or take the risk and wait for the result to either sell at 10p on good news or 2p on bad results.
Walking With Giants
23 Mar 2018
Loan conversion fire sale. March 22nd .... 17 million plus 20 million loan conversions went onto AIM and then today we get news of HH.IMHO the RNS is to rid the market of a possible 37million shares at a price paid by those loan companies. Will PIs fal lfor it ? This is no going to raise the bp but artificially raise it to sell off those loans.A great selling opportunity if you wish to get out before the next drop !
sincero
23 Mar 2018
All permissions HH Positive RNS this morning . Blue day today I would think. All those who grabbed for the brown trousers a couple of days ago , particularly those that claim 50+ years experience, will be feeling stupidd.
GRAMPSAV
22 Mar 2018
Re: An Optimistic View Broad Bridge Licence PED234 covers an area of around 200 sq. miles.Horse Hill Licence PED246 and PED137 covers an area of around 100 sq. miles. Both are continuous exploration areas therefore Licence Permits will continue. Broad Bridge was always an exploration well to prove a continuous presence of oil between It and Horse Hill.That has proved to be a positive result. The testing of the Portland and other sectors at Horse Hill will continue through 2018 with production planned for early 2019. UKOG are now in the process of applying for planning permission to drill two more wells midway between HH and B.B. with the knowledge that oil isdefinitely down there. Oil Exploration,risky business it took the North Sea Oilies ten years fromfirst drill to commercial thumbs up.
admiralty12
22 Mar 2018
Re: An Optimistic View "UKOG have not Licenced vast areas of the Weald for the views.Their next move after production from HH1 could be to drill midway between HH1 and BB1.They know the oils down there in great quantities.The lessons learnt from BB1 should lead them to a successful conclusion.JV should help the cause combined with a rights issue.Oil exploration is a slow process not a few wells 2 minute wonder."1) Getting a licence is easy - getting the oil is not. More than likely the licences will lapse as they have done on the IOW.2) They will need another 5-10million for another go. Who will pay?3)Oil is there yes, great quantities? maybe. The world is littered with oil bearing regions but many cannot be made productive for any number of reasons.4)lessons learned? Well they havn't learnt many yet, except how to extract money from shareholders.5)They might find it hard to find a partner after this effort let alone the money to do anything.6) Yes a slow process, but this has gone from a 'flagship' to 'nationally significant' to 'significant national' to '30-70BBD' in no time at all. Unless is there some remarkable turnaround (and I wish everyone the best), then this is a dead dog. It's a bit like the old indy. Texas drillers who would stike rich or go bust. It isn't quite over yet but the signs were there for everyone to read.
sincero
22 Mar 2018
Re: An Optimistic View Walking with giants back on here ? Banned again from LSE where you post as buzzbuzz ?
younginvestor95
22 Mar 2018
Re: An Optimistic View its not about whether UKOG have a proportion of the weald and the knowledge to now get oil out the ground. the reality is, the huge market cap we had, the terrible loan conversions that are still happening and whether UKOG will ever have the money to get these wells up and running... now i'm not quite sure...YI
