Europa Oil & Gas (holdin... Share Discussion Threads

[svenice7] 21/5/2018 17:08

Dunderheed, don't get caught with your shorts down.

[dunderheed] 21/5/2018 16:39

I think he means £1 enterprise value CP!

[currypasty] 21/5/2018 16:32

give us a clue what information

[svenice7] 21/5/2018 16:28

£1 per share , I have inside information

[dunderheed] 21/5/2018 16:27

Yes it 'would' be - chances of that - ahem, I'll get me hat lol!

[currypasty] 21/5/2018 16:16

would be nice to see some positive news tomorrow

[dunderheed] 21/5/2018 16:12

Can have mine for 9p each.

[dunderheed] 21/5/2018 16:12

Yes I should have bought some when that bloody seller as around.
I've got a few though and probably enough for me at the moment considering my 'respect' for the 'mgt'!! (In profit too - now that is something new, lol!)

[cheek212] 21/5/2018 16:11

Can have mine for 10p each!

[currypasty] 21/5/2018 16:09

hard to buy any quantity now

[dunderheed] 21/5/2018 16:08

Saw that a few days ago CP so maybe a delayed reaction?
To tell you the truth relatively small volumes, once you split out guesses back to back transaction.
Have you got your big cheque book out though matey?

[dunderheed] 21/5/2018 15:09

WTF 10% spread?

[tommy241] 21/5/2018 14:56

Couldn't buy this morning through Selftrade.....

[guesswhosback] 21/5/2018 12:51

CP that was my bed and ISA

[currypasty] 21/5/2018 12:34

I think the 2 500k+ trades were a rollover as timed within seconds

[dunderheed] 21/5/2018 11:30

There's still a fair sized seller CP, do you not think?

[currypasty] 21/5/2018 11:10

surely an update is in order, even if they cant be too specific.. this is ridiculous

[jusmasel99] 21/5/2018 10:53

Going back to the lack of new director purchases:

I must have asked Hugh at least three times why they haven't bought any - last time almost insisting that he informs the market why not - but he steadfastly refuses to discuss the issue claiming market disclosure rules says he can not confirm or deny a closed period is in place - which is fine.

The new directors joined in January - both receiving share options with a strike price of 6.5p but only exercisable when the share price is greater than 10p. At those figures the options are only worth about £40k Not a great deal surely for these guys and from the current share price they would only have to invest £16k in order to realise the same return once the share price hits 10p.

There is a story to be told here ... how did they come on board were they asked or did they ask to join... Why did Colin leave ? But why haven't they bought yet ? Both heavily involved in the original Corrib discovery and we are sitting on two licences with proven gas and lots of prospects...

News must be coming soon ... it has been a long wait ....

[currypasty] 21/5/2018 10:46

we are lagging behind badly now...

[currypasty] 21/5/2018 10:38

recent interview with DB of UJO said Wressle appn. in by end May..

[guesswhosback] 21/5/2018 09:03

Credit to markfrankie on UJOBoard
Published 18 May 2018
From:
Department for Business, Energy & Industrial Strategy and The Rt Hon Claire Perry MP
Written on:
18 May 2018
The Rt Hon Claire Perry MP
This article first appeared in The Sun.
Developing our North Sea oil and gas has been a Great British success story.

Since the first wells started producing in the 1960s we have created a secure domestic energy supply, created thousands of high quality jobs, delivered billions to the economy and driven the growth of a huge engineering sector that we have exported to the world.

Even with the amazing improvements in North Sea production, volumes are declining and we are now importing almost half of our gas supplies.

Although we are in no way reliant on Russian gas despite what the Russians would have you believe.

Because gas is so important for our economy we know that we will need it for decades to come.

It also fits with our world-beating climate goals as it generates less CO2 than oil and coal.

That is why every estimate of our 2050 emissions reductions targets from the independent Climate Change Committee includes gas in our energy mix and why it is right to continue to look for gas that can be safely extracted from the potentially huge reserves hundreds of metres beneath our feet.

And there are other benefits too.

Shale gas extraction could provide a big clean growth boost for local communities as part of our modern Industrial Strategy – bringing thousands of high quality jobs, local investment and financial benefits to many parts of the country.

And our world-leading environmental regulations mean we could create even more investment and export opportunities from innovations like recycling waste water.

There are those who argue strongly against shale gas, using the most colourful and scaremongering language they can find and intimidating local communities and decision makers with lots of protestors from out of town.

In my experience, most of these arguments are made by people who actually just don’t want us to use gas at all – now or ever.

While we should all be hugely proud of our huge progress on renewables that delivers almost 30 percent of our electricity needs, we cannot meet our energy and heat needs now, or for many years to come, at a price we can afford, without using the gas that geography has gifted us.

That is why we committed to support the development of onshore British shale gas and to deliver a clean safe and affordable energy supply for the country.

It is why I have set out these changes to the planning and regulation regime to make sure there is support available for all involved in this process.

[guesswhosback] 18/5/2018 08:44

That's a good post and brings some hope to the onshore sector. I see UJO price has already had a strong reaction.

Edit and now EDR. Only EOG lagging behind.

[currypasty] 18/5/2018 07:22

Union Jack Oil plc (AIM: UJO), a UK-focused onshore hydrocarbon production, development and exploration company welcomes the Government's support and commitment to our industry as laid out in the Written Ministerial Statement ("WMS") from the Department of Business, Energy and Industrial Strategy and the Department for Housing, Communities and Local Government today.

The statement itself constitutes a material consideration in planning decisions and reiterates that shale gas development is of national importance. The government will publish revised planning practice guidance on shale development in the Summer alongside the launch of a consultation that will consider allowing exploration wells to be drilled under permitted development (i.e. without the requirement of a planning application) and consult on the inclusion of shale production projects into the Nationally Significant Infrastructure Projects regime.

The full text of the WMS can be found at www.parliament.uk/business/publications/written-questions-answers-statements/written-statement/Commons/2018-05-17/HCWS690.

David Bramhill, Executive Chairman of Union Jack commented:

"We are delighted by the joint statement released today by Greg Clark and James Brokenshire that wholeheartedly supports the safe and sustainable exploration and development of the UK's onshore shale gas resources.

The statement not only highlights the importance of securing stable domestic gas supplies while minimising harmful environmental impacts but also the substantial economic benefits that the development of onshore gas production can bring to local communities and the UK as a whole.

Union Jack and its peers welcome this progressive change in attitude by key ministers. Being at the forefront of the UK onshore hydrocarbon industry, Union Jack is well positioned to benefit from this revised strategy and look forward to the exciting opportunities that await all of our stakeholders. The future remains very bright."