According to a message on the UKOG website, BP did not get a particularly good flow of oil from the same sandstone in an earlier well in the area of HH. Three zones were tested in the 1990's in what I think was called the Arreton well. The caveat was that BP might have missed their targets and we will have to wait to see if a flow test in the third or 4th quarter will show better results for the HH consortium.
One trade for 3 shares at 3.50 but currently about 3.35 on a total of 4000 shares. Up 7% although the volume does not indicate anything of note. Still, it is a nice change from 2.25 a week ago or so.
Seems like you told me once before that "if" was a weasel word. I think Chap 11 has been pushed farther away now although I have said and, if you were honest, you would admit that I have said it is a possibility.
Hee hee. I remember from US History that the term was "salutary neglect" and referred to not irritating the colonies into some unwanted behavior by them towards the British. But, sometimes,I just can't help it and I know I should not but avi (xxxfinance) is such ...!
But it sure is nice not having avi and his clones posting every 10 minutes. Seems like a rising stock price along with rising volume of shares traded has caught "The One" and his minions a bit off guard. I can only hope that the last couple of days presage some good news waiting in the wings.
Ah, wrongtom, did you get caught on the wrong side of the trade. Considering you were gloating when it touched 25 cents yesterday I suspect you did. BTW, unless you are avi, why do you think you have to rise to his defense?
In regards that last statement, I would say "No Sheet Sherlock" to management.
Yup. Hope some of the strategic alternatives bear fruit because the restructuring of that loan is really a band aid. I keep hearing that a flow test at HH may not happen for another six months. Does not seem reasonable to me but I am not a British bureaucrat.
Yes, disappointing that they are not buying but perhaps something is in the works that would raise the stock price that does not allow them to do so. We can only hope.
A dozen years? Just reconfirms my suspicion that you are xxxfinance and have been all along but have never had the courage to identify yourself or your ulterior motives.
One bit of good news and the shorts will be in agony. We real shareholders are well aware of the danger and yet we still have decided to hold our shares or buy more.
Yet you forget to list the year. I know, when they had arrangements with Santos and were operating Mereenie and Palm Valley and had interests in the Surat Basin and a carried interest in Canada, they had higher revenues but still they had little net revenue. So if you wish, as is your wont, to bring up data from 15-20 years ago have fun but don't expect investors to go all gaga over your research.