Union Jack Oil Takeover Rumours (UJO)

I had high hopes that with Heyco in control they would expedite Kedd, Penistone, Bisc etc, I thought the 2 years following the takeover would be "transformational" for UJO. All they have achieved in 18 months is to install a jet-pump at Wressle, finally lodge a planning application for the mythical pipeline and Penistone and to allow the Kedd side-track disappear without a trace...thank goodness Bramhill is investing in the US

almost March, I honestly believed that the takeover of Egdon by Heyco would be a game changer for our JVs. I expected Kedd to be expedited as well as planning for Penistone and a 2024/25 project plan for Bisc. Instead, 5 months after the takeover we have silence. Is it any wonder that DB is expanding overseas, he clearly isnt impressed either.

they have to say something soon, or we will get another takeover egm

perhaps they just dont want to tell us the flow rate... takeover / project sale ?

It would be just our luck that the takeover price offered would be less than the share price !!!

takeover rumour at 40p kidding... but it is moving up