Keyword results: Steve Sanderson

Video: UK Oil & Gas AGM disrupted by fit, if utterly deluded, birds & other eco loons

The Eco loons vs Lyin' Steve Sanderson and Uk Oil & Gas (UKOG), it is hard to know which team to cheer for. You kind of want both to lose. The protestors at yesterday's AGM seem to think banners are more efffective if upside down. As the burly UK staffer tries to remove a prostesting bird he is desparate not to use his hands less she screams #MeToo.  How entertaining.

UKOG – Yet Another Spoooooooooooof From Lyin’ Steve As A Proud Member Of The 1% Club

As we await the latest heavily discounted bucket shop bailout placing – or worse – from AIM-listed UK Oil & Gas (UKOG), we have already had ramptastic 2D seismic processing from its duff Turkish assets and this morning it was announced that CEO Lyin’ Steve Sanderson has been buying shares. Quick, follow the man……..or not!


UK Oil & Gas – FY Results – explicit warning of bailout placing ahead

If folks are looking to punish Russian war criminals for atrocities committed in Ukraine, I suggest they be locked up for years and made to re-read today’s FY results from UK Oil & Gas (UKOG) fifty times a day.  Wading through pages of ESG guff and self-congratulatory horse really does make one lose the will to live. But buried in it is a stark admission of impending share price doom

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UK Oil and Gas – Another Spooooooooooooooof From Lyin’ Steve Sanderson

It was announced yesterday that CEO Lyin’ Steve Sanderson of AIM-listed UK Oil and Gas (UKOG) has again been buying shares in the market. But if you think this might be a buying signal, you need your head examining.

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Every Cloud has a silver lining – Lyin’ Steve Sanderson jumps on board the Ukrainian bandwagon

So what if women and children are being blown to shreds in Kiev. The “good” thing about that war is that it means we must stop using oil and gas produced by the evil Russians – we don’t use much anyway – and thus need to turn to UK Oil & Gas (UKOG) run by Lyin’ Steve Sanderson to bail us out. Talking of which, I wonder how the placing is going …

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UK Oil & Gas – wins legal battle over almost worthless Horse Hill asset, when's the bailout placing?

Of course this is good news for UK Oil & Gas (UKOG) though it does not change the elephant in the room, that is to say the looming cash crisis.  Already this company has insufficiet cash to meet its liabilities and commitments and each day it burns another £5,000 to £10,000.  The share price reaction today, a gain of 29% to 0.1475p is, thus, wholly unwarranted. The news is a positive but not that much of a positive.

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When is a director share buying a sell signal? Over to Lyin’ Steve Sanderson at UKOG

Lyin’ Steve at UK Oil & Gas (UKOG) knows that his company will run out of cash within a few months. Thus he wants to spoof mug punters into buying the shares ahead of the next bailout discounted placing to push the shares higher. How many bailouts has Lyin’ Steve undertaken now? I lost count as we sprinted into double figures. So how to ramp? Announce a share purchase says which ever imbecile is advising him on PR.

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2022 Vomit List – 3rd time lucky for a full house of 10 oil dogs

For the third year, I’m going to belch forth and see if my crystal balls (being an Engineer I don’t put all my eggs in one basket) can spot the oily sector shares which just make me retch when I think about holding them. Most investors are coalescing around the view oil prices will be stable to up chucking, but can we congeal around those sector investment cases that really make you toss your cookies? The 2022 Vomit list – I would rather hold a bucket of puke than these shares.

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Tom Winnifrith Bearcast - some very serious number crunching on Versarien and its failing death spiral

I start with Bluebird Merchant Ventures (BMV) and the FCA. Who is being a moronic fucktard today?  Then some very serious number crunching on Versarien (VRS) and its looming cash crisis as the death spiral from Lanstead starts to fail. Then on why Bidstack  (BIDS) has offered its long suffering sharehoders a great selling opportunity today. And a few words and questions for Lyin’ Stever Sanderson at UK Oil & Gas (UKOG) – placing ahoy!

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UK Oil & Gas with another spoooooooooooooooooooooooooooooooooooof – Lyin' Steve and the share purchase

UK Oil & Gas (UKOG) needs to get a placing away by St Valentine’s Day or it is deep in the merde as I explained HERE. No institution will touch this crock run by Lyin’ Steve Sanderson so the next bailout placing, like all the others, is a bucket shop special which is why Pinocchio  is ramping his arse off with spoof RNS after spoof RNS to try to get private investors buying the shares ahead of a placing at a big discount to the City spivs. Yesterday’s spoof RNS was a green one - today Lyin’ Steve spoofs with a share purchase.

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UK Oil & Gas spoooooooooooooooooooooooooooooooof!

Turkey is not proving much of a delight, UK onshore oil and gas is non commercial and, as I pointed out a couple of days ago, the next cash crisis looms. CEO Lyin’ Steve Sanderson cannot be expected to forego his bloated salary and so to keen the gravy train on the road another, no doubt deeply discounted, bailout placing is needed. What to do? Time for a green spooooooooooooooooof.

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UK Oil & Gas – weedy operational update, the maths does not lie, it's time for another bailout placing

Shares in UK Oil & Gas (UKOG) now change hands at less than 0.1p. At peak Leni-ramp, less than five years ago they were just under 9p. CEO Lyin’ Steve Sanderson has trousered a total package of in excess of £3million during those five years when mug punters have lost more than 98% of their money. But I guess you have to reward talent don’t you.

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Time for UK Oil & Gas and Lyin' Steve Sanderson to fess up on Turkey - twitter storm brewing

The twitter account @OutSanderson which wants to remove the grossly overpaid Lyin’ Steve Sanderson from his post as boss of UK Oil & Gas (UKOG) claims to have got hold of a series of photos from Basur in Turkey showing that on the ground nothing is happening. We were told after the most recent drilling failure that seismic would be shot in August before another sidetrack well is drilled. One tweet in this series is below. Perhaps Lyin’ Steve might update investors with a formal RNS on how much of a Turkey his Basur operations are and what, if anything,is happening on the ground.


Letter to AIM Regulation & The FCA – UK Oil & Gas, did it bury bad news during open offer?

I make no accusation here against UK Oil & Gas (UKOG) and its boss Lyin’ Steve Sanderson. It is just that the recent timeline of disaster looks rather compressed to me. And given Lyin’ Steve’s form for er…lying, I have dropped the note, below, to the Oxymorons at AIM Regulation, cc’ing the woke dullards at the FCA since this relates to the conduct of an open offer.

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UK Oil & Gas: yes it is a Turkey! It's official.

Do you remember a few days ago when Lyin’ Steve Sanderson of UK Oil & Gas (UKOG) issued an RNS to tell us about the operational problems at the Basur-3 drilling site in Turkey, the one last drilled before England won the World Cup? No. For Lyin’ Steve neglected to tell us about that bad news as AIM Rules suggest he should have. But fear not! The problem has been solved, well sort of.

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UK Oil & Gas – almost as predicted, after the pump....

I warned that UK Oil & Gas (UKOG) was passing the hat around yet again to the bucket shop community at 0.17p. Almost right. Thanks to Bulletin board morons lapping up the horse, Lyin’ Steve Sanderson spouted on its Turkish prospects it has managed to raise £5 million at 0.18p. And there is also an open offer at the same price but with the spivs already flipping, the shares are 0.185p so I cannot see much more cash being raised. How long will this latest bailout last?

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UK Oil & Gas – discounted placing at 0.17p underway already after delightful Turkish ramp today?

UK Oil & Gas (UKOG), the member of the minus 97% club run by Lyin’ Steve Sanderson, must be ready to pull the trigger on a bailout placing judging by news this week. Indeed there are suggestions that it is already looking to place 2 billion shares at 15% discount to the 0.2p bid so raising a gross £3.4 million, call it £3.1 million net. The pre dump ramp is from Turkey.

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UK Oil & Gas – now 4.58% of the equity pledged to oust Lyin’ Steve Sanderson

With management owning just 0.07% of the equity and no institutions on the register, rebel investors in UK Oil & Gas (UKOG) seeking to oust fat cat boss Lyin’ Steve Sanderson, FD Kiran Morzaria and Chairman Allen Howard speak, as at 9 AM yesterday, for 4.58% of the equity. But…


Is Lyin' Steven Sanderson now in real trouble at UK Oil & Gas? I hope so – support for the rebels surges towards a critical 5%

Last week, I noted that a campaign to oust fat cat Lyin’ Steve Sanderson as CEO of uber dog Uk Oil & Gas (UKOG) was underway and that the owners of 1.12% of the equity had already pledged to back it. Just five days later there are now 81 investors together owning 3.01% of the 12.96 billion shares in issue who want Pinocchio out. It gets worse.

UK Oil & Gas – Lyin’ Steve warns of a cash crisis: but is this a ruse to save his wretched skin?

As at 9 AM yesterday, 68 shareholders in UK Oil & Gas (UKOG), owning 1.87% of the equity, had pledged to sack grossly overpaid, value-destroying CEO Lyin’ Steve Sanderson if a GM is called. Rebels need just 5% to call a GM and with such a diffuse shareholder list with no institutions on board and the directors owning sod all stock, just 5% support might be enough to swing a vote. Lyin’ Steve knows that and so he has a cunning plan.

Breaking: Sack Lyin' Steve Sanderson of UK Oil & Gas - campaign underway

So far shareholders owning just over 1% of Uk Oil & Gas (UKOG) have joined the campaign to sack the grotesquely overpaid CEO Lyin’ Steve Sanderson. But given how few shares the board own and the lack of any institutional ownership it will not, in my view, take more than 10% of the equity to send Pinocchio packing. As such we wholly endorse those behind the site below.


Tom Winnifrith Bearcast: Why UK Oil & Gas really makes one despair of capitalism

Peter Brailey’s article of earlier makes one think about AIM and capitalism. I explian why, at ever level, UK Oil & Gas (UKOG) and is pig of a boss Lyin’ Steve Sanderson make me, as a capitalist, despair. I offer a few words on Phil the Greek and a few on Woodlarks. Tomorrow sees Olaf accompany me on a training walk and as the woke little snowflake struggles pity her and make a donation HERE

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UK Oil and Gas – I Do Like Friday Afternoon Jokes

I get regular e-mails every Friday with often rude, but always amusing jokes. But nothing is a bigger joke or more amusing than UK Oil and Gas (UKOG) year-end accounts. This year was no disappointment and really had me chuckling – perhaps the Chairman had Tom Winnifrith and myself in his sights while he tried to justify the total disaster?

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Video: Swearing Iconic Shareholder turns his attention to UK Oil & Gas & Lyin' Steve Sanderson

It seems someone pulled the video of an angry Iconic (ICON) shareholder challenging toxic Dave Sefton to a charity boxing match. I can’t think which low grade scumbag would want his reputation protecting with that attack on free speech. Maybe toxic Dave has hired the fraudster’s PR of choice, Henry Harrison-Topham, of Buchanan to do his PR. Anyhow, our pal is back and his new target is Lyin’ Steve Sanderson of UK Oil & Gas (UKOG). Enjoy before this video is also taken down.


UK Oil & Gas – Obituary (Horse Hill died today and here is why)

UK Oil & Gas (UKOG), the company (Backed by British Investors, but mainly by Turkeys) has provided me with much amusement today with not one, but two RNS statements on the current state of play. I wish the Horse Hill update was issued in time for my breakfast – it would have been Ouzo not milk on the cornflakes!

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New video from Horse Hill campaigners threatened by impecunious corporate bullies at UK Oil & Gas

The video is slick and features the Sith Lord Zak Mir blowing off UK Oil & Gas (UKOG) boss Lyin’ Steve Sanderson in a soft paid for interview. What investors might note is that the 2016 claims made by Lyin’ Steve have been shown to be utter fantasy. Meanwhile the protestors continue their fight and the way that UK Oil & Gas has tried to bully them with legal threats is no credit to capitalism. Enjoy.


UK Oil & Gas – here’s the pointless pump, now when’s the dump?

Notwithstanding a £4.2 million placing at 0.2p back in June, UK Oil & Gas (UKOG) is now running on vapours. The question is not if it will do another bailout placing but when? And “news”, I use the term in the loosest possible sense, today suggests that Lyin’ Steve Sanderson et al are preparing to pass the hat around, yet again, very soon. There are already 10.97 billion shares in issue but brace yourself for another tsunami of worthless confetti to be arriving shortly.

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KERBOOM: UK Oil & Gas – Just when will it implode?

Why it is whenever I write about UK Oil & Gas (UKOG) just a few days later it vomits up new news? With its prize place in my 2019 Christmas vomit list well justified, even prior to the Loxley ramp, it’s now delivered the killer blow – it has two “fucked” wells at Horse Hill and no cash and absolutely no positive prospects.

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UK Oil & Gas – Overpaid Lyin’ Steve Sanderson is even more deserving of the title!...

Having most enjoyed the time I spent reviewing the accounts of various UK onshore oil & gas listed companies at the weekend to review the rewards CEO Steve Sanderson receives from UK Oil & Gas (UKOG), I thought it was worth also looking how he compares to offshore UK operators. With those having a far more capital intensive and complex operating environment, one would have thought his costs would be far below the CEOs/Exec Chairs of such a comparator group... but that is not the conclusion I reached...

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UK Oil & Gas – Does the evidence support the view that Lyin' Steve Sanderson is grossly overpaid?

On more than one occasion both Tom Winnifrith and I have commented that Steve Sanderson is over-paid. It’s a claim we have both made, but neither have us put demonstrable evidenced numbers to that. I thought it was about time to substantiate and quantify just how much larger Steve Sanderson’s trouser pockets are compared to his peers, in celebration of Tom Winnifrith's virtual walk to Horse Hill yesterday.

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UK Oil & Gas refocusses on its core business of issuing more shares

After a brief period of allowing folks to pretend that its main business was in fighting Covid and saving the NHS by producing oil that nobody wants, UK Oil & Gas (UKOG) has got back to what has always been its core business, that is to say issuing yet more shares. After raising £4. 2million at just 0.2p today there are now a stonking 10.84 billion worthless pieces of confetti in issue.

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UK Oil & Gas – More shares (probably) and more questions for Lying Steve Sanderson

It was less than 4 weeks since I expressed the view UK Oil and Gas (UKOG) would be back with the begging bowl. I would have to say it did not require any rocket science to reach that conclusion, after all the track record this company has for issuing shares goes before it. So the idea of a placing announced today comes as no surprise, but the fact it’s not firm is rather shocking to me.  As always with this company, the lack of RNS clarity makes for interesting review.

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UK Oil & Gas buys another 35% of Horse Hill – do the maths morons

Folks like Lyin’ Steve Sanderson the boss of AIM casino listed UK Oil & Gas (UKOG) and his shrinking band of chat-room cultist supporters still dream that Horse Hill will really turn out to be a Gatwick Gusher, not just another small scale UK onshore play. Today they should be doing some basic maths as UK has increased its stake in the asset from 50.6% to 85.6%.

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Shock ‘em at Brockham – disaster for Angus Energy, Catastrophe for UK Oil & Gas, The Weald basin promote died today

Oh dear, oh dear, oh dear.  This is a bleak day indeed for the Weald basin, Horse Hill, and all the fools who believed Lyin’ Steve Sanderson and shameless ramper Big Dave Lenigas. The dismal results first thing, from UK Oil & Gas (UKOG) were enough to justify ouzo on my cornflakes at Sheriff of AIM towers but mid morning saw news from Angus Energy (ANGS) and its Brockham site which is disastrous for those who disseds me and believed Lyin’ Steve and Dave. It is the death knell of the shameless and morally repellent, Wield basin (bigger than Saudi Arabia) promote.

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Expose: UK Oil & Gas - What's the latest on the "Gatwick Gusher"? What is it actually worth?

I followed the UK Oil & Gas (UKOG) storey from the first shouts of “Gatwick Gusher” back in 2015. I had my doubts back then on what Lyin’ Steve Sanderson said and reviewing the current position this week has not changed my view on the company.

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LSE Asylum suspends poster for telling a verifiable truth about UKOG boss Steve Sanderson - video evidence

The LSE Asylum has deleted a post by a long time contributor and handed out a three day suspension. The crime: telling the truth about UK Oil & Gas (UKOG) boss Lyin’ Steve Sanderson.

A free lesson in PR for listed companies; I'm looking at you UKOG

The Rogue Bloggers ended their 33 mile trek at Woodlarks, where they were met with smiles, beer, and ice-cream. The starting line was a little different.

Photo Article: Rogue Bloggers for Woodlarks 2019: It begins

PLaunching from the gates of Horse Hill, the ten walkers for the Rogue Bloggers for Woodlarks 2019 have begun.  The whole crew minus 76 year old Brian Basham, who started walking an hour early, at the top. Below Tom Winnifrith, Steve Moore and warning sign from Lyin' Steve Sanderson of UK Oil & Gas (UKOG). Then the walk begins...

UK Oil & Gas production update – no one believes in Lyin’ Steve any more

Another day and another production update from Horse Hill which gives UK Oil & Gas (UKOG) boss Lyin’ Steve Sanderson to make the most outrageous claims which he could not substantiate in a month of Sundays. But the dull share price reaction suggests that these days the words of Lyin' Steve are about as credible as a Theresa May pledge on Brexit.


SHOCKING: Lyin Steve raises £3.5 million for UKOG at just 1.05p - now watch this video from January 25

I think we have found an interviewer dimmer and more sycophantic than both the Sith Lord Zak Mir and Justin the Clown. I bring you a paid for video made by Core TV featuring an interview by a toothy bimbo with Lyin Steve Sanderson of UK Oil & Gas (UKOG). Shareholders should not worry about dilution, we are fully funded for our next two wells, look at the cash we are and will generate. Fabbo.

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Angus Energy - another David Lenigas twitter ramp costs his flock of followers dearly

Below I bring you three tweets from the great promoter himself, Mr David Lenigas urging folks to buy Angus Anergy (ANGS) shares at up to 14p as recently as six weeks ago. Uh Oh those in his flock of followers who bought into this ramp must be feeling a tad sick today with the shares at just 5.5p after a statement that raises big questions about Paul Vonk, ousted as CEO last week and the matter of material non disclosure.

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Lyin’ Steve Sanderson caption Contest Result – joint winners

Shares in UK Oil & Gas (UKOG) have actually rallied to 1.35p to sell in recent days. Natch they remain grotesquely overvalued as the clock starts to tick on the countdown to yet an other placing. But still there are those who reckon that on £650k per annum Lyin’ Steve Sanderson is good value as CEO. Whatever. On Tuesday I asked for suitable captions for the photo below and there were many decent entries as you can see HERE. But there can be only one winner…NO!

As UK Oil & Gas shares plunge to 1.225p – it's time for another Lyin’ Steve Sanderson caption Contest

Of course the stock is still hugely overvalued. But as they have plunged from 2p in just a few weeks, for some reason, Big Dave Lenigas has stopped pumping out twenty tweets a day about how cheap the shares are.  Meanwhile the Bulletin Board Morons who lined up to abuse and smear myself and folks like Waseem Shakoor, who warned them, have been lining up to apologise. Not! And thus we have another pic of UK Oil & Gas (UKOG) boss Lyin’ Steve Sanderson in action destroying shareholder value for you to consider ….

Do the Leni-maths Lyin' Steve Sanderson pays to explain why UKOG is so cheap to a credulous Sith Lord Zak Mir

If you are a proven liar like Steve Sanderson of UK Oil & Gas (UKOG) who won't buy any shares in his own company but wants to ramp them ahead of the next placing what do you do? Easy. Pay Sharetalk (we will interview anyone who pays the fee) to record an interview with the Sith Lord Zak Mir who makes Justin the Clown look like the Spanish Inquisition and ramp away. Today's podcast is a classic bit of Leni-maths as Lyin' Steve explains to a credulous Zak how to value an oil stock and why UK Oil & Gas could be worth hundreds of millions of pounds if not more. Of course Lyin' Steve is talking utter crap as I explained HERE.  Meanwhile enjoy...


UK Oil & Gas & its Gatwick “Gusher” Horse Hill is a donkey: it's official

Hard data from sustained flow testing at Horse Hill is out today and if you think that it justifies a £100 million market cap for UK Oil & Gas (UKOG) then I know a Nigerian General who wants to send you an email with an offer you cannot refuse. This is terrible news but you were warned!

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Big Dave Lenigas & Lyin' Steve Sanderson Horse Hill Caption Contest - The Result

Yesterday I asked you for suitable captions for this picture of Big Dave Lenigas and Lyin' Steve Sanderson of UK Oil & Gas (UKOG)  standing next to a tanker at Horse Hill. There were several splendid suggestions as you can see HERE and Mr Contrarian certainly wins a commendation for his cracking caption. But the winner of the semi naked photo of Britain's top share blogger before lunchtime, Thirsty Paul Scott is Jules2k6 with:

Big Dave Lenigas & Lyin' Steve Sanderson Horse Hill Caption Contest

Tear yourself away from looking at how much your portfolio is down and cheer yourself up by providing a caption for the photo David Lenigas is tweeting out today of him standing at Horse Hill with UK Oil & Gas (UKOG) boss Lyin' Steve Sanderson. Post your entries in the comments section below with a deadline of midnight tonight. The wittiest entry wins the usual prize: a semi naked photo of the UK's top share blogger, before lunchtimes, "Thirsty" Paul Scott.

When you think the law fails you it is time to take it into your own hands - Big Dave Lenigas is...Charles Bronson

Having failed to ramp shares in UK Oil & Gas (UKOG) on the back of its utterly misleading RNS yesterday, an episode discussed at length here, Big Dave Lenigas tried to deflect attention by launching an amazing twitter rant at anti drilling protesters at Horse Hill. It started off as only semi-Musk but by the end, as you can see below, it was alarming.


Tom Winnifrith Bearcast - which is naughtier: Lyin' Steve Sanderson's UK Oil & Gas or Jim Mellon's FastForward?

In this podcast I look at FastForward (FFWD), Optibiotix (OPTI) - ouzo from Cynical on its way - Tern (Nigel will be celebrating with ouzo tonight) and UK Oil & Gas (UKOG). Tomorrow Lucian Miers has the treat of all treats for his godson Joshua so there may be no bearcast or maybe there will be a very early one.

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Horse Hill oil tankered out – no evidence at all that the Gatwick Gusher is an, er…gusher as David Lenigas tweets suggest

The UK Oil & Gas (UKOG) twitter feed, dutifully retweeted with added hype by David Lenigas, has so far reported three tankers leaving Horse Hill full of oil to be sent to the BP refinery. But is this proof that the Gatwick Gusher is a gusher? That is what the Bulletin Board Morons believe but they would believe almost anything. Let’s look at the tweets below and do some maths, not Leni-maths, real maths.

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UK Oil & Gas owning loons out in force on twitter- they just don’t get it

With shares in UK Oil & Gas (UKOG) flying and another £5 million raised at 2p yesterday, the loons who own this stock are out there on social media buzzing excitedly like flies who have located cow dung, once again making the most ludicrous of assertions.


Tom Winnifrith Bearcast: Sorry I made a mistake yesterday

The mistake in yesterday's podcast was on Telit (TCM). In fact it is even worse than I thought! The good news is that sponsorship of the walk I'm doing with Brokerman Dan for Woodlarks has now topped £9,000. I explain here why this walk makes the difference between Woodlarks having to cut services or carry on, please do give a tenner today. This afternoon sees Joshua and I on another training walk, my second in two days. Think of my pain and COUGH UP HERE. In a long bearcast I predict that, after today's shocking news, FastJet (FJET) will be sold for £1 and explain why. I look at Havelock Europa (HVE), 88 Energy (88E), Lyin' Steve Sanderson's UK Oil & Gas (UKOG), Frontera (FRR), Andalas (DOG), Mysquar (FRAUD) and Audioboom (BOOM).

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Will you support the Crowd Fund to stop evil UK Oil & Gas infringing ALL our civil liberties

Normally if it is a group of smelly, workshy, tree huggers up against a PLC in the Courts I back the PLC all the way. Capitalism rocks and most protesters should just go get a bath, get on their bikes and get a proper job. But this case is different and we should all support the smellies.

UK Oil & Gas blames Tom Winnifrith "leaking" for decision to use a death spiral - bollocks!

The day, that after 28 years as a journalist,, I take lectures on my vocation from a lying toe-rag like UK Oil & Gas (UKOG) boss Steve Sanderson is the day I quit. Lyin' Steve attacked me at his company's AGM and blames me for the death spiral which - along with drilling disasters - has cratered his company's share price.

Even when he wants to tell the truth Lyin Steve Sanderson at UK Oil & Gas can't manage it - results announcement

The results are for the year to 30th September 2017 as is clear if you read down the RNS. But sadly even when he tries to tell the truth UK Oil & Gas (UKOG) boss Steve Sanderson can't seem to get it quite right as the two screenshots below show...

UK Oil & Gas - tries to polish the Broadford Bridge turd but it is still an (uncommercial) turd

You can't sit on bad news forever. In the end even Lyin Steve Sanderson of UK Oil & Gas (UKOG) needs to fess up and so today we got the much delayed news of flow testing at Broadford Bridge. Natch Lyin' Steve tried to bury the poisonous needle in a haystack of waffle.

Shocking Expose - The training video they used at UK Oil & Gas that made Steve Sanderson such a guru in investor relations

My son Joshua has stumbled across this shocking video which he tells me is the training video that Steve Sanderson of Uk Oil & Gas (UKOG) uses to help him persuade Bulletin Board Morons to buy into the story at Broadford Bridge and Horse Hill. You can now see from where Lyin' Steve gets his inspiration when it comes to "investor relations" ...enjoy

UK Oil & Gas - forced into statement - don't these A'holes give a FF about AIM Rules?

At 10.38 AM today I published a photo showing that UK Oil & Gas (UKOG) was clearly stopping drilling at Broadford Bridge.  The company should have issued an RNS this morning to say this was happening but what does Lyin' Steve Sanderson care about timely disclosure of price sensitive information?

UK Oil & Gas - the photo that demands a statement now!

Is this photo fake? I believe that it is genuine but do not know for sure. But it is starting to do the rounds on the interweb and appears to show drilling equipment being removed from the UK Oil & Gas (UKOG) site at Broadford Bridge. I would assume it is moving, with the goalposts, to Horse Hill.

UK Oil & Gas in High Court vs Nimbys, smellies and virtue signalling celebs

It is the sort of battle where I'd normally want both sides to lose, a bit like Man City vs Chelsea. I have no time for Lyin Steve Sanderson the boss of stock market promotion, oops junior oil explorer, UK Oil & Gas (UKOG) but the rabble on the other side are not exactly my sort of folks either. Among the virtue signallers backing the nimbies & smellies are Bianca Jagger and actress Sue Jameson (yes I had to look her up on google too).

UK Oil & Gas - who is lying about a sidetrack well at Broadford Bridge

Sooner or later UK Oil & Gas (UKOG) will have to fess up that Broadford Bridge flow rates are not very good at all and its shares will slump. While we wait for that let's just ask who is lying about a sidetrack well?

Lyin' Steve at UKOG - wakey, wakey its February 5th so about that flow testing you were finishing in January?

Does Lyin' Steve Sanderson of UK Oil & Gas (UKOG) know what month it is let alone what day of the week it is? I am only asking because of a statement he snuck out when all sane folks were not watching the screen, on December 27 regarding flow testing at Broadford Bridge. Remember that companies - especially those with stacks of death spiral loan notes to convert - hurry out good news and always delay bad news. So rewind to when you and I were focusing on mince pies, the man who specialises in porky pies stated:

UKOG -- Now Lyin' Steve: did you exercise your 0.4p options

With the shares hovering around 3p, anyone holding options in UK Oil & Gas (UKOG) exercisable at just 0.4p but expiring on 31 December 2017 would surely exercise the lot would he not? 

EXPOSE - UK Oil and Gas: Lyin' Steve Sanderson, you are nailed

Tom Winnifrith has voiced his suspicions that AIM-listed UK Oil and Gas (UKOG) has been playing fast and loose with the rules over timely announcements of conversions of its death spiral funding package. A trip to Companies House suggests he is right...

UK Oil & Gas plays fast and loose with AIM disclosure rules AGAIN

At no-one is warching O'clock yesterday, 5.17 PM, Uk Oil & Gas (UKOG) announced that the fourth £500,000 tranche of death spiral loan notes had been converted into shares. Once again it was sticking two fingers up to AIM Regulation with regards to timely disclosure.

UK Oil & Gas shares down by 20% after just 5% of death spiral drawn - slam dunk short

There were those, such as our own Drunken Sailor, who argued that UK Oil & Gas (UKOG) could manage to absorb the rolling short of a £10 million death spiral announced last week quite easily and it would not hit the share price. The evidence with just 5% of the spiral drawn suggests otherwise and this makes the stock a slam dunk short.

Angus Energy shares crash - the read across to UK Oil & Gas - wake up and smell the coffee Morons

Shares in Angus Energy (ANGS) have plunged by 36% to 17.125p today after news from the Lidsey Field which cannot be described as anything other than disappointing. Hope meets reality. At some stage the same process will see shares in UK Oil & Gas (UKOG) crash. Let's start with Angus.

SHOCK VIDEO: Lyin' Steve Sanderson of Uk Oil & Gas explains what really makes him tick

The video is self explanatory and the UKOG ramper in chief does not mince his words. Enjoy.

UK Oil & Gas - no news is, surely, bad news

The one thing we all know about UK Oil & Gas (UKOG), the massively over-valued company run by Lyin's Steve Sanderson is that it has virtually zero cash left and thus needs to get a placing away ASAP. To that end one would expect a proven ramper like Lyin' Steve to be give us ramptastic news from Broadford Bridge on an almost daily basis. Instead...

Operational Update from UKOG - 100% ramptastic shite, placing ahoy red alert

The shares are tanking said the PR man to lyin' Steve Sanderson, CEO of UK Oil & Gas (UKOG). How will we get the bailout placing away? I know said Lyin' Steve, let's put out a ramptastic operational update. And so lo and behold Lyin's Steve issued the release and the Bulletin Board Morons fell for it (again) and the shares zoomed from 4.05p to 5.35p-5.4p. It is placing ahoy.

UK Oil & Gas - as it prepares for placing more ramptastic news from Horse Hill: DO THE MATH MORONS!

Remember Horse Hill? That was the original breakthrough site for UK Oil & Gas (UKOG). It was the Gatwick Gusher. It was the site that lyin' Steve Sanderson claimed contained a billion barrels of oil. Then he said he never claimed that. Then a video emerged of him saying that. So is that one big lie or two? Anyhow as UK Oil & Gas tries to ramp its shares ahead of a placing we have more ramptastic news from the Hill.

UK Oil & Gas - you cannot say that Broadford Bridge is commercial - but the share price discounts success: placing ahoy?

The word on the street is that - having raised £6.5 million (gross) at just 0.8p back in May -  UK Oil & Gas (UKOG) has been so startled by the spectacular - and largely unwarranted - re-rate of its shares that it is lining up another, much larger, placing alberit at a material discount to the current share price. The shares raced ahead again yesterday as private investors again fundamentally misunderstood an RNS.

UK Oil & Gas - is there something ( quite a lot actually) you are hiding at Broadford Bridge

Little Steve Sanderson of UK Oil & Gas (UKOG) is a slimy little git. Do you remember the BBC expose where he was caught on camera making claims about Horse Hill which he then denied making? If you have forgotten about that shameful eipisode here is a reminder. Now the Weald Basin circus moves on to Broadford Bridge and this time it is more about what oily little Steve is NOT saying. Natch it is bad news he hides. Here is the timeline:

Winner of the Little Steve Sanderson of UK Oil & Gas in action on the Weald Basin caption contest

There were some good entries for this edition of the caption contest, and it was a photo finish for the winner of captioning this photo of  little Steve Sanderson of UK Oil & Gas (UKOG), playing host to anyone who was interested at the company's site at Broadford Bridge on the Weald Basin. 

Little Steve Sanderson of UK Oil & Gas in action on the Weald Basin caption contest

It seems that little Steve Sanderson of UK Oil & Gas (UKOG) was hosting anyone who was interested at the company's site at Broadford Bridge on the Weald Basin. Just last week the Old Bill were arresting local protestors near the drill pad, so what is little Steve saying now? Suitable captions in the comments section below with a deadline of midnight tonight please.

Investigative Journalism is NOT insider dealing - even our own house BBM Wildes should get that

Our in-house Bulletin Board Moron Wildes has his knickers in a twist claiming that our multiple scoops on the placing at UK Oil & Gas (UKOG) are in some way insider dealing and that the share price crash is down to us. Bollocks. I shall try to make this simple, so that even a simpleton can understand.

UK Oil & Gas - Steve Sanderson you are either a liar or a deluded fool or both

As we predicted here, the UK Oil & Gas (UKOG) placing to raise £6.5 million has finally limped over the line at 0.8p. Lagos Securities had tried to raise the cash at 1p but we outed them and the price had to be slashed. The shares were 1.4p before the roadshow started. So how would you describe a placing that has seen the market cap slashed from £36 million to £22 million pre-new money as the shares tumbled. Over to odious prig "little" Steve Sanderson.

The Sheer scale of value destruction of that (failing) UK Oil & Gas Placing - who should be fired?

As we forced it to admit on May 9th, UK Oil & Gas (UKOG), the Horse Hill explorer run by pompous little prig Steve Sanderson is trying to raise c £6 million. The shares before that scoop were 1.2p mid. But having raisred to get the issue away at 1p, hapless broker to frauds like Quindell, Lagos Securities is now struggling to get it away at 0.8p as we revealed last night. Just to put the value destruction in perspective...

Breaking: UK Oil & Gas slashes £6 million placing price to 0.8p - Source

Even in the Snakefields of Greece I keep on breaking news! On 9th May I revealed that UK Oil & Gas (UKOG) was endeavouring to raise £6 million at 1p - with the shares then trading at 1.2p bid. That forced an angry admission from the company that it was all true. Another scalp and fine piece of investigative journalism saw the shares then tumble to 1p. For long suffering holders and believers in Horse Hill, I have more bad news.

UK Oil & Gas and Horse Hill - the most ludicrous pre-placing ramp in the history of AIM exposed

There are two statements from UK Oil & Gas (UKOG) today. One is a hard financial transaction which demonstrates clearly that UK Oil & Gas shares are horrendously overvalued and the other is the most ludicrous attaempt at share ramping in the history of AIM. Defenders of Steve Sanderson, UKOG's CEO, say that he is trying to distance himself from the Aussie share ramper David Lenigas. Frankly even Dave would have struggled to sign off on today's ramping. It is cringe-making and it is noticeable that although it relates to a Horse Hill study, no other Horse Shite company has dared publish these ridiculous claims.

Horse Hill - do UK Oil & Gas et al give a monkeys about Environment Rules?

I am not a classic tree hugging envoronmentalist but on the other hand if rules are in place, those capitalists who opt to flout them will - in the long run - not benefit either themselves or the cause of the private sector. And that brings me to David Lenigas, Steve Sanderson and the Horse Hill rampfest and the latest breaches of Environmental rules.


Andrew Bell denies Horse Hill is a rampfest - I disagree

Earlier today I accused the Horse Shite companies led by UK Oil & Gas (UKOG) , run by proven liar Steve Sanderson, of ramping the "Gatwick Gusher" with misleading statements. Mr Andrew Bell of Regency Mines (RGM) denies this and has posted a few words in our comments section. I disagree with Mr Bell's spin but in the interests of balance here is Andrew talking his own book, oops I meant offering a considered response.

UK Oil & Gas - the Horse Hill rampers issue another misleading update - placings ahoy!

Just how much cash does UK Oil & Gas (UKOG) have left? At September 30 2015 net of trade payables it was c£4 million. PLC costs are £100,000 cash per month. And the cost of all the work at Horse Hill not to mention the Isle of Wight must have been closer to £2 million than £1 million. I reckon the number is now c£1.5 million which means a placing is needed fast. Fellow Horse Shite play Solo (SOLO) neess a placing within two weeks to pay its commitments in Bongo Bongo land hence today's ramptastic (misleading) RNS.

Horse Hill time for UK Oil & Gas & others to come clean on the chemical highs as locals speak out

The companies drilling Horse Hill, the so called Gatwick Gusher, have claimed that the oil that has flowed has flowed with minimal stimulation. But perhaps Steve Sanderson of UK Oil & Gas (UKOG) - a proven liar - might clarify what minimal means given evidence emerging from local residents.

UK Oil and Gas: Placing RNSs of 10 June 2015 - where is the Companies House filing?

While Big Dave Lenigas was still running the show at AIM-listed UK Oil and Gas (UKOG) two RNSs were released on 10 June 2015 which announced a placing of 266,666,667 new shares at a price of 2.25p per share. AIM confirmed the admission of those shares to trading on the morning of 17 June 2015. So where is the Companies house filing for this?


David Lenigas suffers complete sense of humour failure - sends lawyers letter

You would have thought that Jabba The Hutt would be too busy looking after his portfolio of trainwreck companies to send out a lawyers letter. But oh no, Big Dave has been wasting someone's cash with a nasty missive from his bully boy briefs at Kerman & Co to the well regarded City firm SP Angel.

Once bitten twice shy: the Horse Hill ramping starts again - ETA the placings?

And so today all the Horse shite stocks have served up news that appeared to have leaked onto every Bulletin Board and twitter ramping session days ago. Flow testing at the "Gatwick gusher" will start early next year. Since every BB Moron already knew this and since half the Horse Hill runners and riders have to do a placing to survive fairly soon, shares in this stable of dogs have not soared as promoters such as David "Jabba The Hutt" Lenigas wuld have hoped.
And so what is the news? The companies involved have been: 

Shyster Steve Sanderson of UK Oil & Gas – blames the media for his own disgraceful ramping of Horse Hill

Steve “I never said there were 100 billion barrels, although I was caught on camera saying just that” Sanderson of UK Oil & Gas (UKOG) pitched up last week for a paid for interview with the UK’s softest host, Sith Lord Zak Mir at tipTV (audience 3, on a good day). But give the Sith Lord his dues, for a moment he turned into Jeremy Paxman and made Sanderson look like the shifty little twit he is.

UK Oil & Gas pumps out more Horse Hill Bollocks but no one believes the Lenigas bullshit any more

Almost a year since the first drilling “discovery” at Horse Hill and the companies involved, led by David Lenigas ramp UK Oil & Gas (UKOG) still decline to drill again, instead pumping out more and more meaningless reports on the prospect. Today there is another but almost no-one believes the Lenigas blather any more.


LGO Energy – How fucked is it and how transparent has it been about its black lined hole?

Naturally anyone associated with David Lenigas must be a respected industry figure whose integrity is beyond doubt. You can trust every word said by men such as Steve “I said that there were 100 billion barrels on camera but deny that I said it” Sanderson of UK Oil & Gas (UKOG). And so it is a given that LGO Energy (LGO) has been upfront about its Goudron 678 well issues is it not?

Fewer folk believe in Santa, The Tooth Fairy or the Horse Hill oil find - Alba placing falls badly short

I wonder how long it will be before that annual ritual occurs when the Daily Mail discovers a CofE vicar who has foolishly told the kiddies that Santa does not exist. The poor chap gets pilloried for a week or so before even the Mail accepts that he cannot be burned at the stake for telling the truth. I have felt a bit like the poor Rev when pointing out that whatever Steve Sanderson of UK Oil & Gas (UKOG) says on camera – and then denies he ever said – there is NOT 100 billion barrels of oil at Horse Hill. Maybe the tide is now turning.

Link to BBC1 Inside Out: who claimed there were 100 billion barrels at Horse Hill?

Okay the show is out and it demonstrates quite clearly who was ramping UK Oil & Gas with ludicrous claims: Steve Sanderson and David Lenigas.  You can watch the show on IPlayer on the link below.

David Lenigas & the Horse Hill Crew Brace Yourselves…BBC1 tonight

I somehow suspect that Big Dave Lenigas will not be unblocking me on twitter after tonight. Nor will little Steve Sanderson be inviting me to the UK Oil & Gas (UKOG) Christmas party. For tonight the Horse Shite rampers are in the spotlight on BBC1.

Is Horse Hill a busted flush: David Lenigas & Steve Sanderson of UK Oil & Gas Video

At the ShareProphets seminar on Monday 2nd February in Clerkenwell at The Free Speech & Liberty Pizza House, David Lenigas & the new CEO of UK Oil & Gas (UKOG) Mr Steve Sanderson explianed why they thought Horse Hill was not a busted flush but very exciting. The video is below.

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