13 days ago
To me UK Oil & Gas (UKOG) doing a discounted placing to keep the lights on is like bears shitting in the woods, the Pope being a Catholic or Jeremy Corbyn praising his friends at Hamas. It is just what happens and so a raise of £750,000 at just 0.2p today should cause no surprises. But then again it is worth winding back a year to see the weasel worlds of both Lyin’ Steve Sanderson and the national treasure and lovable old rogue – who I hope is still off the fags – that is Mr David Lenigas.
43 days ago
Last week Lyin’ Steve was arguing that Horse Hill Developments, the operator of the Gatwick Gusher was so profitable and pregnant with cash that it was able to repay a stack of borrowings to UK Oil & Gas (UKOG). This week we see just what a joke that all is. Today we have news on the deal with Pennpetro (PPP) run by Dave Lenigas the founder of UK Oil & Gas.
45 days ago
Some folks seem to think that UK Oil & Gas (UKOG) received a cash windfall today of £675,000. I am sure that is what CEO Lyin’ Steve Sanderson wants them to think but au contraire.
157 days ago
However Lyin’ Steve Sanderson, the grossly overpaid chairman and CEO of UK Oil & Gas (UKOG) tries to spin it, today’s news from its piss poor Turkish operations screams out “when’s the next bailout placing suckers?” At least owners of this stock are used to it. Thanks to the issue of gazillions of shares over the years guess what the losses are for those buying at the top in 2015?
383 days ago
Did you spot my April Fool story today? I start with that and end with Andrew Bell’s imaginary g/f. If Donations to Rogue Bloggers for Woodlarks (currently £2605 + an unbooked £500 pledge) go above £3,000 by Sunday, I will publish photos of her supplied by Bell and she is a looker, if perhaps imaginary). Donate HERE. In the main bearcast I discuss at length UK Oil & Gas (UKOG), the stench of David Lenigas related party deals and the lies of Lyin’ Steve Sanderson plus, in detail, the bailout of Genedrive (GDR) at 6.32 PM last night
666 days ago
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.
777 days ago
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…
795 days ago
As I noted here last week, as things stand that hound from the AIM sewer UK Oil & Gas (UKOG) does not have sufficient cash to pay both its liabilities and its commitments and is burning cash like billy-o. Thus, it needs to ramp its shares aggressively to get away yet another discounted bucket shop placing, something that is imminent. And that brings us to Lyin’ Steve.
819 days ago
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.
857 days ago
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!
857 days ago
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.
858 days ago
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.
859 days ago
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.
945 days ago
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.
993 days ago
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.
996 days ago
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.
1021 days ago
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?
1039 days ago
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.
1055 days ago
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…
1067 days ago
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..
1069 days ago
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.
1071 days ago
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.
1104 days ago
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.
1154 days ago
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.
1259 days ago
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.
1312 days ago
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.
1455 days ago
The company’s oily chairman Lyin’ Steve Sanderson has dissembled about how paltry is the cut he has temporarily taken in his £700,000 annual pay package. Shareholders have lost 97% of their cash in less than 3 years and have just been diluted again with a bailout placing this week so what does AIM dog UK Oil & Gas (UKOG) do? Its latest tweet is just hilarious. Firstly what is the last thing the world needs now?
1723 days ago
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%.
1764 days ago
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.
1771 days ago
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.
1843 days ago
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.
1856 days ago
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.
1954 days ago
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!
There are two winners of a semi-naked photo of Britain’s top share blogger (mornings only) Thirsty Paul Scott and they are:
1957 days ago
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 ….
1984 days ago
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...
2024 days ago
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:
2024 days ago
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.
2094 days ago
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.
2131 days ago
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 bewteen 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).
2194 days ago
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.
2221 days ago
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.
2221 days ago
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...
2228 days ago
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
2228 days ago
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?
At 2.25 PM UK fessed up stating:
2231 days ago
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).
2272 days ago
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:
2307 days ago
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?
The thing is that Lyin Steve Sanderson,
2354 days ago
The video is self explanatory and the UKOG ramper in chief does not mince his words. Enjoy.
2361 days ago
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...
2384 days ago
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.
2422 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.
2451 days ago
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:
2501 days ago
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.
2535 days ago
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...
2929 days ago
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.
2970 days ago
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.
There are two things that Sanderson at al are pumping.
2970 days ago
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.
2974 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.
3105 days ago
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.
3113 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.
3119 days ago
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.
3120 days ago
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.
3371 days ago
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 explained why they thought Horse Hill was not a busted flush but very exciting. The video is below.
Afterwards there were three hours of pizza and the booze flowed freely. To get priority booking for future seminars register HERE
