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UKOG : British OIL (UKOG)     

required field - 09 Apr 2015 09:25

Rocketing this morning on a superb upgrade !...

Chart.aspx?Provider=EODIntra&Code=UKOG&S

required field - 01 Aug 2017 08:42 - 322 of 541

One to monitor as much as possible this share....

Pimpernel - 01 Aug 2017 08:57 - 323 of 541

You had seen both RNS releases from yesterday had you, Harrycat?

HARRYCAT - 01 Aug 2017 10:52 - 324 of 541

Ah, maybe not. Checking now.

HARRYCAT - 01 Aug 2017 10:56 - 325 of 541

Yep, nothing there I haven't already seen.
SDCM have increased their holding......BB1 ready to flow test....what more is there?

cynic - 01 Aug 2017 11:01 - 326 of 541

i know nothing of these matters, but the key para to me looked like .....

The flow test programme is specifically designed to gather further supportive evidence that the Kimmeridge contains a continuous oil deposit, with mobile light oil and which can flow to surface at commercial rates and in commercial volumes.

that is to say, as i read it, that a true flow rate and other important details have not yet been established

HARRYCAT - 01 Aug 2017 11:01 - 327 of 541

Precisely.

Pimpernel - 01 Aug 2017 11:13 - 328 of 541

Ready for rig-less flow testing. That's what I was waiting to know for sure.

HARRYCAT - 01 Aug 2017 11:32 - 329 of 541

Yes, but might be a while yet and data will have to be verified by an independent agency.

cynic - 01 Aug 2017 11:33 - 330 of 541

the brave will continue to hold all they have
the prudent may deem it wise to bank at least some profit at least for now

required field - 01 Aug 2017 14:07 - 331 of 541

You can have just a short term flow test...but (I'm no expert but because it's onland and right in the middle of a lovely area : the regulations concerning the flows are perhaps much stricter and also the fact they don't want to establish a flow that lasts just one day and peters out afterwards...(reminds me of Hardman resources off Mauritania...they established 75000 barrels per day...and then when production started : it went down to 13000)....that sort of thing...

maestro - 02 Aug 2017 07:34 - 332 of 541

cynic ..i bank profit but buy back later at lower price so gathering more shares

maestro - 02 Aug 2017 07:35 - 333 of 541

lets face it if french billionaire wants in must be a good thing

cynic - 02 Aug 2017 08:47 - 334 of 541

332 - can't remotely disagree with that approach ..... i think there is no hurry and would not be surprised if stale bulls are forced out in the near future, especially if with s/b

mitzy - 04 Aug 2017 15:23 - 335 of 541

Suddenly its getting ready to move up.

HARRYCAT - 04 Aug 2017 16:53 - 336 of 541

Volume way down from last week though.

mitzy - 06 Aug 2017 07:26 - 337 of 541

Harry there is a mention in todays Sunday Mail regarding the French connection.

Pimpernel - 06 Aug 2017 10:22 - 338 of 541

Well, the Weald Basin does stretch as far as northern France. I've been retired from the industry for a good while now but this was being talked about years ago. A lot of "ifs", "buts" and "maybes" with this whole scenario but very interesting, nonetheless, especially geologically.

maestro - 07 Aug 2017 07:29 - 340 of 541

Do the french know how to drill for oil? instead of trying to nick ours when dont they drill a few holes west of calais?

iturama - 07 Aug 2017 07:38 - 341 of 541

Have you seen that lot near Calais? The same that nicks Nigeria's oil. Better in the ground.
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