Union Jack Oil Share Discussion Threads

[likeawalrus] 22/8/2023 10:47

sp on the backfoot so just been bottom fishing, hopefully I'll get it right for once

[markfrankie] 22/8/2023 07:28

The red tick just proves there are posters on here that don't want this share to do well, they are wolves in sheep's clothing trying to hide amongst the invested but always negative,

[markfrankie] 22/8/2023 07:04

I agree with you LaW there's a lot of potential there. Obviously things are in limbo during this moment in time whilst heyco takeover,
Thought biscathorpe news would have dropped by now.. although I'm hoping good news will drop post takeover

[66778899] 22/8/2023 05:28

Although a bit quiet at the moment this has been a lovely little share to trade
Just play the aim game

[uggy100] 21/8/2023 19:16

Think I might be with you on that 1347. Life's too short

[1347] 21/8/2023 18:00

I don't know about others but I'm not interested in hanging around on possible things happening at Biscathorpe in 1 to 2 years. Ked was supposed to have been drilled every year for the last three years! It's almost September and we don't even have a bloody date for it this year! No, I've seen enough can kicking here, the BoD are more effective than Just Stop Oil at killing the onshore oil and gas industry, next decent spike I'm gone.

[likeawalrus] 21/8/2023 16:25

whilst a bid would end the misery, I think there's more potential in organic growth with Kedd in the next 6-12 months and possibly Bisc in 1-2 years. If Heyco get planning for the pipeline and another drill from the Wressle pad, the 2 to 3 year picture looks very good imo. I'm cautiously optimistic now that Heyco will be in the driving seat

[currypasty] 21/8/2023 13:19

roll on a bid to take us out

[atino] 21/8/2023 07:12

5 days earlier (16 Aug 2023) 💭💭

🚨 US is plotting another pandemic — Russian Defense Ministry

👉🏻 "We do not rule out the United States may use so-called defensive technologies for offensive purposes, as well as for global governance by creating crisis situations of biological nature," Russian lieutenant general Igor Kirillov stressed

[1347] 18/8/2023 15:21

(Yawn) It's just a re-hash of what the NTSA put out weeks ago:



Rathlin are probably bored making paper aeroplanes and are now surfing the net for something to do.

[greypanther2] 18/8/2023 14:34

The following was posted on Rathlin's website today. I assume this indicates that they are a bit short of news to share with us, as well as not actually producing any gas at West Newton.
"UK GAS FOUR TIMES CLEANER THAN IMPORTED GAS.
A report by the North Sea Transition Authority indicates that domestically produced gas is on average almost four times cleaner than importing gas in LNG form. This is because of the way the gas is transported and, in some cases, the methods of extraction. In particular, the analysis shows that gas extracted from the UK Continental Shelf has an average emission intensity of 21 kgCO2e/boe (kilograms of CO2 equivalent per barrel of oil equivalent), whereas imported LNG has a significantly higher average intensity of 79 kgCO2e/boe. Norway has the lowest carbon intensity of all LNG imports at 33 kgCO2/boe, and Peru the highest at 90, with the average coming to 79, while UK gas has a carbon intensity of only 21 kgCO2/boe"

[likeawalrus] 18/8/2023 14:33

it feels like the beginning of a global correction, UJO in very good shape but few companies will be immune if the real estate issues in China spook the market...

[likeawalrus] 18/8/2023 11:40

an unusual post from rathlin - start of a charm offensive perhaps?

[1347] 18/8/2023 10:58

"UK gas “four times cleaner” than imported gas."

In fact West Newton has the cleanest gas anywhere on the planet, that's because it's still stuck in the damn ground not being used!

[ldbart] 18/8/2023 10:32

https://www.rathlin-energy.co.uk/latest-update/

[markfrankie] 18/8/2023 07:40

66778899
Point 1 = fact
2= fact
3= fact
4= fact
5= fact
6= fact
7= fact plus heyco can't do worse than EDR on timeliness
........
Ujo full funded and ready to go

[1347] 18/8/2023 07:30

law Look it's obvious that there are cheer leaders on here spreading disinformation. I don't know why the discussion even too place. Egdon are the operator, i.e. in the driving seat, that is fact. Other parties (passengers who are paying for the fuel) in the JV have influence (degree of control), that is fact. I've said that all along, it's always the case with a JV licence in the UK, I know that because I have a copy of the OGA template, I posted that point ages ago and it's clearly stated in the Annual Report.

[likeawalrus] 18/8/2023 07:02

thanks 1347, the JOA contradicts the claims by many that UJO have no say as "we are not the operator". It makes me wonder why DB allowed Kedd to drift for so long and other important issues such as applying for planning permission for the pipeline.
Egdon has 37 licences to juggle, too much for MA to handle?

[1347] 18/8/2023 06:15

Law, as I've been saying for a while it's more fundamental than that even. Also from the Annual Report:

"The Company is party to a joint arrangement when there is a contractual agreement that sets out the terms of the relationship over the relevant activities of the Company and at least one other party.

Management has a legal degree of control over these joint operating arrangements through Joint Operating Agreements."

Note 'legal degree of control'. Egdon may be the chief can kicker but UJO are complicit in that, it's just a question of degree.

[66778899] 18/8/2023 05:54

Awful lot of guessing there Mark
Are we getting itchy feet