RavingStark
It is no surprise UKOG share price triple in the last few months. They all the right things as an exploration company. They show initiatives they drill they make progress they produce good results they communicate. Compared to AJL/Cuadrilla got planning approval and then decided to change the plan. Drilled a horizontal well and did f..all with it and then submitted another planning applications. It seems that Cuadrilla management is becoming in love and main business is with administration submitting and obtaining planning approval. Maybe after 5 years they have become addicted to this planning permission procedure and used it as an excuses from doing its real jobs as an exploration company, that is to drill and explore. It is easier job in admin and submitting paper work. You dont have to make progress. Obviously they still get paid well regardless. And now they can't even look after their essential equipment from being vandalized. Maybe it ia another excuse for the management to sit on their hands while their paychecks keep rolling in. These guys were supposed to be high caliber players in their roles but the results highlight their inadequacies and incapacities for all to see. No wonder UK investors rushed o UKOG instead of AJL/CUADRILLA. The market simply dont trust this company from its operation and its management capabilities.
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