UK 05:56 Tuesday, 6 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Advisers to both companies must be tearing their hairs out IF they are aware of the antics of penny share hustler David Lenigas in a private Telegram chat group on UK Oil & Gas (UKOG). Well, as of the publication of this article, they cannot claim NOT to be aware. Big Dave created the cash guzzling monster that is UK Oil and has now seized control of Standard Listed Pennpetro (PPP), immediately signing farm in deals with his old gopher Lyin' Steve Sanderson of UK Oil & Gas regarding Horse Hill. How cosy.
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