3018 days ago
UK Oil & Gas (UKOG) is on the ramp again but when Stephen "I did not say there were 100 billion barrels except when I did say that" Sanderson ramps these days, folks remember Horse Hill and only the true lunatics still believe.
The ramp concerns "volumetric analysis" carried out by Xodus Group for Sanderson. What that means is reinterpreting old 2D seismic and data from a well drilled in 1974. It is therefore at every single level pure guesswork.
