Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

UK Oil & Gas Exclusive: watch the BBC destroy Stephen Sanderson’s credibility HERE

By Ben Turney

13 October 2015 04:01

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Last night, the BBC published a previously unseen, yet explosive interview with UK Oil & Gas (UKOG) Executive Chairman Stephen Sanderson. It looks like Mr Sanderson has been less than forthcoming in his explanation of who was behind this spring’s outrageous Gatwick Gusher ramp. Having categorically denied that UK Oil & Gas had anything to do with the “100billion barrels of oil beneath the Weald” claims, video evidence now strongly suggests that Sanderson himself was the direct source. You can watch the damning clip here.

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Comments

Striebs

13 October 2015, 04:34

This sort of behaviour brings UK Onshore into disrepute .

Shows the dangers of quoting in-place volumes in a country where neither the population nor the media are familiar with E&P .

I doubt many BBC staffers even know that there is a difference between resources and reserves , let alone recovery rates and EUR’s .
DUCK AND DIVE

13 October 2015, 04:59

Don’t you just love it when the lying fat cats are caught with their trousers down? My cup runneth over.

But I can’t help thinking about the poor woman who fainted during a cocktail party chat with an eminent scientist. He was relieved when she came round within a few seconds. “What’s the matter?” he asked. “You said that the world would explode…,” she said, through tears. “That’s true,” he replied, “in 5 billion years.” “Oh, what a relief,” said the woman, getting to her feet. “I thought you said 5 million.”
warun boofit

13 October 2015, 07:16

Mr Lenigas paid £22,000 and it turned into £1.2 million, I was hoping to perform the same feat when I bought £1000 worth of shares, I soon received a cheque for £17.50 . At the time I was quite pleased for a few days as I mistakenly thought the £17.50 cheque must be the first dividend payment from Lonrho Africa, what a good job they were doing they must be making me some money, but alas I was wrong, it was all that remained of my £1000. I seem to remember there being a director by the name of David Lenigas on the board, could there be two David Lenigases ? I was wondering if it was the same gentleman now involved in UKOG and if it is I would like to ask the cunt where my £ 982.50 dissapeared to ?