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Gatwick Oil

UKOG TIMETABLE - my guesstimate

UK Oil & Gas, Doriemus, Solo Oil, Angus Energy

UKOG TIMETABLE - my guesstimate

Post Wed Sep 09, 2015 12:18 pm

MID SEPTEMBER - EA WELL LICENSE APPROVED 1.8-2.2p
MID TO LATE SEPTEMBER - FLOW TESTING 2.5-3p
EARLY TO MID OCTOBER - FLOW TEST RESULTS (if positive) 8p+

That is my plan, lets see if it comes to fruition, making my last purchase before closing today hoping for 1.65-1.7p.
sebastianriberac
 
Posts: 125
Joined: Mar 2012

Re: UKOG TIMETABLE - my guesstimate

Post Wed Sep 09, 2015 1:13 pm

Sounds good to me. And realistic sp movements rather than the usual 50p on good FT results mantra coming off some of the other forums.

Currently, AIM is nowhere near as generous with its 50p favours, but still, we'll see.

If people had loaded up here, which they jolly well should have, and UKOG makes 7-8p on successful flow test, then I'd count myself extremely lucky in today's crap AIM climate. That would be a good return on, say, 150-200k shares bought at today's rock bottom price. Add to any success further pleasing IOW/other asset updates then 2016 could be quite-to-very stong one for UKOG.

It's exciting to think UKOG has the potenial to be the 'next big thing' in oil in the UK or maybe even globally. And yet still so hugely under the radar. The coming weeks and months ought to be a ride.
Stocker
 
Posts: 60
Joined: Jan 2015

Re: UKOG TIMETABLE - my guesstimate

Post Wed Sep 09, 2015 5:01 pm

I like the fact the oil is in England, none of that worrying that external forces could jeopardise our oil. Also the media coverage the find got last time was huge, now on a successful flow test uk punters will want a safe profitable growth for their money so with the right media coverage it will be huge. we are at 1.7, that is only 0.7p more than where we were before finding oil. I have a huge position here and happy to hold.
sebastianriberac
 
Posts: 125
Joined: Mar 2012

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