Urals Energy Share Discussion Threads

[rcturner2] 24/8/2016 10:02

chav, you might as well flush that tenner down the toilet, that's what you are doing here.

[tone the bone1] 24/8/2016 09:32

Gunner 71,Like most long term holders who are stuck here and wish to see 10p/20p again we must wait.
I think we will be in double figures again. I will hold and keep my faith that our boards plan of buying up cheap why they can for long term future gains works .It makes basic economic sense to me.
ANK on Kolguyev Island (Our island) would not have had many bidders .It is producing and has reserves. Amalgamate ,consolidate, cut costs.I like the plan !

[chavitravi2] 24/8/2016 09:25

Mm's very quick to take it down on nowt.

RCT, just transferred £10 from one pocket to the other on the little bet I had with myself.

[neftanik] 24/8/2016 09:21

Another bunch of "investors" suckered into the UEN losers club yesterday.I wonder if anyone bothered to check out exactly where Kolguev is and the effectiveness of the local supply chain ))))

[caledoniaman1] 24/8/2016 08:57

The manipulation of this stock is absolutely SHAMEFUL and things like this are allowed to go under the noses of the FCA day in, day out on AIM - nothing short of theft IMVHO

[martyn9] 24/8/2016 08:22

The dilemma for me calm having been a LTH for 8 years now, any more long term waiting I will be taking this to the after life!!

[calmtrader] 23/8/2016 20:15

Thxs gunner. I'm In for the long term so more likely buy some more

[neilyb675] 23/8/2016 20:08

BACK IN PLAY .....

[gunner71] 23/8/2016 19:44

LALRIA no long term holders will sell at this share price only the lucky few who bought at lower levels this year , i think calm cleverly bought a few well done !!

ton the bone hang on mate we will eventually get our money back one day !!

[rcturner2] 23/8/2016 19:18

chav, I don't like to disappoint ;-)

6 cents a barrel says it really, these assets just aren't worth anything

they are desperate for these kind of deals to keep the mug shareholders happy, because if you actually understood the economics of their business you would top yourself

[calmtrader] 23/8/2016 18:41

Increased production..reduced costs seems a very good formula to me

[lalria] 23/8/2016 18:32

Don't panic sell. One more licence to come hopefully look to sept/October. Keep the faith. Big boys playing big games

I posted the above some time ago. Let the big boys do what they are doing. Don't panic sell the tides are changing

[gunner71] 23/8/2016 17:28

Your at it again RAMPING Neily your like a PARROT !! Listen they have a long way to go before we see this back to long term holders share price like myself , it is a step in the right direction but there are many if and buts and they are governed a economic turn around in russia also , i await another LOAN RNS

All new comers wishing to get in READ UP FIRST BEFORE YOU BUY !!

GLA

[canny lass] 23/8/2016 17:14

Well that was a pleasant surprise to the finish of the day. Only looked at my monitor at 5pm to check the status of SOLO, and was gobsmacked when I saw UEN. Very promising indeed.

[chavitravi2] 23/8/2016 17:03

I watch 10 shares and 8 are up. Only UJO and MARL are down but the latter is 200% up since I mentioned it earlier in the year. Wish I had sold these at a fair lose and bought them but that's the way it goes. Hind sight is a wonderful thing.

[neilyb675] 23/8/2016 16:56

We anticipate that cash flow through the year will also be improved. The big prize, though, will be the ability to exploit our increased proven undeveloped reserves as part of a combined development plan. Nevertheless, we will have to wait for market conditions to improve. In the meantime, with workovers, reductions in overall head-count, and improved practices, we believe that production can be increased steadily and profitably."

[neilyb675] 23/8/2016 16:54

The Company is in discussion with banks for a longer-term corporate development loan to finance the new combined operation.

[neilyb675] 23/8/2016 16:50

WOWOWOWOWOWOWOWO !!!!!!!!

With the increase in production, the Board expects that Arcticneft will be able to make two rather than one shipment of crude oil each year, and therefore should improve its cash flow. By combining the underdeveloped reserves of the total area, Urals Energy intends to bring forward plans to expand production as soon as market conditions allow, and will be able to do so with improved economics.

[chavitravi2] 23/8/2016 16:50

All sounds good to me. Foundation laying for later when prices turn up.

[neilyb675] 23/8/2016 16:48

ANK produces 340 bbls/day and has recoverable reserves registered with the Russian State Authorities of 16 million barrels of C1 plus C2, equivalent to 2P. These reserves figures have not been reviewed in accordance with the AIM Guidance Note for Mining, Oil and Gas Companies and the Company plans to have a review of ANK's asset within the Peschanoozerskoe oil field undertaken, in addition to the Company's other assets, in accordance with an appropriate Standard in an updated Competent Person's report to be undertaken later this year.

[chavitravi2] 23/8/2016 16:46

Can't wait for RCT's spoiler to come in.

[calmtrader] 23/8/2016 16:11

sorry meant reserves

[calmtrader] 23/8/2016 16:09

cant wait for their resource estimate later this year..sp will explored!!

[yogaboy] 23/8/2016 16:06

Good grief is Arcticneft going to be cash generative and profitable?

[tone the bone1] 23/8/2016 16:04

Rather a lot to digest there but it seems our board are planning and for better times to come .