Published 164 days ago
Wmeritus Professor David Smyth knows about geology unlike the morons who root for the grossly overvalued oil explorer run by a proven liar that is UK Oil & Gas (UKOG). The good Prof has produced a new report on what is really going on at Broadford Bridge entitled "Yet more codswallop from UKOG," Over to the great man....
Published 182 days ago
I am a bear of Uk Oil & Gas (UKOG) but here is a leading broker in a private email to his clients putting the bear case very eloquently indeed. Here is why you should sell your shares in the company best known for the now infamous Gatwick Gusher !
Published 259 days ago
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.
Published 310 days ago
Lucian Miers advised shorting UK Oil & Gas (UKOG) and went short himself at c3.1p, boasting that twice before he had made a packet on the short tack with this perennial darling of the educationally sub-normal wing of the provisional private investor army. The shares are now 4.65p and the Bulletin Boards and the comments section on this website are full of posts by folks laughing at my old friend, the Bard of the Boleyn. So has East London's most feared short seller lost his marbles as well as a vast amount of dosh?
Published 312 days ago
In April 2015, at Waterloo station I looked up and saw, on a giant television screen streaming live Sky News, the portly figure of colourful Australian share promotor David Lenigas making wild and, as it turned out, unsubstantiated claims about the ‘Gatwick Gusher’, the voguish oil play situated on the Sussex Weald. Instinctively, I reached for my phone and shorted UK Oil & Gas (UKOG) which had trebled to 3p on the excitement.
Published 802 days ago
Solo Oil (SOLO) the David Lenigas created POS cannot stop telling us more ramptastic news from Horse Hill yet its shares are sliding again today. Why? Well there is a missing RNS on its acqusition out in Bongo Bongo land and the small matter of the placing it needs to do ASAP to pay for that deal and to stop the company going bust.
Published 811 days ago
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.
Published 829 days ago
At least two of the companies involved in Horse Hill will go bust within weeks if they do not issue shares for a bailout placing and thus the ramping of today's (probably good but not great) news from Surrey was shameless with ther fat Aussie Share Pusher David "I won't say who made money from Danadav" Lenigas at the fore.
Published 886 days ago
And now we turn to Danadav Investments, yet another short lived and mysterious company which actively traded shares with two David Lenigas concerns and then just expired. Who owned Danadav? Perhaps Jabba might explain what on earth went on here.
Published 902 days ago
In this podcast I discuss OPEC and the oil price. I think you should have some oil exposure via BP (BP.A) and I am intyerested in a couple of gas plays, notably Ascent (AST). But I remain uber bearish on oil juniors as I have been (correctly) for four years. Among those heading for zero which I discuss are Gulf Keystone (GKP), Xcite Energy (XEL), IGAS (IGAS), Mosman Oil & Gas (MSMN), Northern Petroleum (NOP) and LGO Energy (LGO). And there are others take may not hit zero within a year but which still face share price decimation such as Solo (SOLO) and the Horse Shite/ Horse Hill Gatwick Gusher plays.
Published 902 days ago
This is a turn up for the books! California Joe, CJ to my friends writing an article for shareProphets? Well, it’s the time for goodwill to all men and women, even Tom Winnifrith and I also hear there’s a new editor position on the horizon so before certain BB Trolls start trolling “He’s after the editor’s job” I’ll just scotch that rumour. I'm not interested. Besides I'm sure Tom would have a head fit before he gave me the keys to the ‘free-speech empire lol! TW note there's no vacancy and I'd rather employ my cat - whose semi-literate work requires less editing - but you want to bash Lenigas so in the interests of free speech here's a platform
Published 906 days ago
Yes I am at the airport less than two miles from Jabba The Hutt's Gatwick Gusher. In this podcast I cover my first trip to Brighton, Uk Oil & Gas (UKOG), Evocutis (EVO), Sovereign Mines of Africa (SMA), Caza Oil & Gas (CAZA), Golden Saint Resources (GSR) and Fitbug (FITB)
Published 907 days ago
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:
Published 920 days ago
I have been, and continue to be, negative on the ‘Gatwick gusher’, otherwise known as the Horse Hill licence area. I just find it very hard to take any of the figures seriously when the companies involved talk about circa 11 billion barrels of oil in place (as per the most recent Schlumberger report), especially when viewed in the context of what they are ever likely to extract, or the sort of flows that you’d expect from shallow, tight limestones and shales.
Published 934 days ago
What is today's biggest disaster on the AIM Casino? Caza, Stellar, one of the Del Boy Lenigas stable? China fraud Geong? take your pick. The Casino is not fit for purpose. Surely the day of its demise looms. And on that note we ask you for suitable captions for the picture below. For what it is worth my entry is:
Published 949 days ago
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.
Published 955 days ago
Last night, the BBC’s Inside Out London documentary revealed that UK Oil & Gas’ (UKOG) Stephen Sanderson was the original source that claimed there are “between 50 and 100billion barrels of oil in place in the ground” in the Weald. This wildly optimistic figure was at the heart of April’s Horse Hill propaganda campaign, which caused the shares prices of all the listed companies involved to rocket. UK Oil & Gas half-heartedly tried to distance itself from these wilds estimates, but it is now unequivocally clear that it was behind them. Stephen Sanderson surely now has to go. Let’s see what the company’s Nomad (scandal plagued WH Ireland) has to say about this.
Published 955 days ago
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.
Published 982 days ago
A seemingly innocuous Tweet from David Lenigas on Monday, distancing himself from the looming Sefton Resources (SER) catastrophe, might be an indicator of good things to come for shares of Afriag (AFRI). At 0.36p last seen, Afriag is worth a touch under £5million. There has been little to no market interest in this stock for most of this year. In the last 54 trading session, Afriag has recorded 22 zero volume days and the share price has flat lined. So why might Lenigas feel so committed to this apparent dead duck of a stock?
Published 984 days ago
This morning, UK Oil & Gas (UKOG) issued a far more realistic vision of what this company can realistically hope to achieve. Forget the Horse Hill pipedream of billions of (unextractable) barrels for a moment and pay close attention to the numbers in today’s announcement. No one has ever doubted that UK Oil & Gas could be a viable business. However, the reality is that it is most unlikely ever to live up to the blue (pie in the) sky fantasy many appear to have bought into.