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News of an oil strike near Gatwick Airport last Thursday...

  1. WiffaSniffa
    2,932 Posts.
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    03/05/24
    13:23
    Post #: 73650686

    News of an oil strike near Gatwick Airport last Thursday portrayed the Weald basin as the Home Counties’ version of Dallas, with estimates of up to 100billion barrels of oil in the ground.

    This week the company behind the announcement, UK Oil & Gas Investments, toned down its claims of a potential gusher, to rein in what one exasperated observer called its ‘wild’ assertions.

    The man behind UKOG – David Lenigas – talks up news about companies in which he is involved – and is an avid Twitter user.


    RCR Price at posting: 13.5¢ Sentiment: None Disclosure: Not Held
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