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UJO Union Jack Oil Plc

9.25
0.00 (0.00%)
Share Name Share Symbol Market Type Share ISIN Share Description
Union Jack Oil Plc LSE:UJO London Ordinary Share GB00BLH1S316 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 9.25 9.00 9.50 9.25 9.25 9.25 350,215 07:31:25
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Oil And Gas Field Expl Svcs 3.93M 649k 0.0061 15.16 9.86M
Union Jack Oil Plc is listed in the Oil And Gas Field Expl Svcs sector of the London Stock Exchange with ticker UJO. The last closing price for Union Jack Oil was 9.25p. Over the last year, Union Jack Oil shares have traded in a share price range of 8.42p to 19.25p.

Union Jack Oil currently has 106,565,896 shares in issue. The market capitalisation of Union Jack Oil is £9.86 million. Union Jack Oil has a price to earnings ratio (PE ratio) of 15.16.

Union Jack Oil Share Discussion Threads

Showing 35951 to 35973 of 35975 messages
Chat Pages: 1439  1438  1437  1436  1435  1434  1433  1432  1431  1430  1429  1428  Older
DateSubjectAuthorDiscuss
23/6/2025
09:17:23
our future in Oklahoma?
likeawalrus
23/6/2025
08:25:59
AGM this Friday, resolutions 2 and 3 could be interesting
likeawalrus
20/6/2025
14:41:38
news next week? possibly monday ?
keddington update?
USA update?


all in time for

"Notice is hereby given that the Annual General Meeting
(the “AGM”) of Union Jack Oil plc (the “Company”;) will be
held in the George White Suite at The Bristol Hotel, Prince
Street, Bristol BS1 4QF on Friday 27 June 2025 at 11.00 a.m. "

currypasty
20/6/2025
13:43:33
The ES must assess scope 3 emissions from hydrocarbon production over the lifetime of the proposed project
These emissions must be considered regardless of evidence that hydrocarbons produced by the project would replace those extracted elsewhere
The scope and extent of any assessment of the effects of scope 3 emissions must be transparent and clearly explained in the ES

...the 2nd one is just daft. It effectively says we are happy to burn O&G along as someone else takes responsibility for the emissions. What an incredibly stupid act of self harm.

likeawalrus
19/6/2025
12:16:35
Union Jack Oil plc
@UnionJackOilplc
·
27m
Last quarter, Union Jack Oil Plc announced the success of our Moccasin 1-13 well in Oklahoma, USA. This commercial discovery marked a significant milestone in our US expansion strategy, and is set to drive material revenues for our future.

Our partnership with Reach Oil and Gas continues to yield positive results, and we look forward to further growth in the US market.

Learn more about our US operations:

currypasty
19/6/2025
11:45:01
Why should he bother rocking the boat? He's on a cushy number, few emails, few phone calls, the odd RNS then off to Greggs for a long lunch. Gets well paid and now trips to the USA fully expensed. Every year he just cuts and pastes last year's Annual Report, changes a few dates and a bit of other stuff and there you go, this year's Annual Report.
1347
19/6/2025
10:29:51
Mr Abbott now takes instructions from his Chairman Mr Yates, Mr Yates recently told the press he's got enough gas under Lincolnshire to supply the UKs gas needs for the next 7-10 years, and worth £112bn. Given this "fact" I suspect a few bbls a day from Keddington is probably not at the top of his priority list.
kim_clay
19/6/2025
08:39:53
I asked chatgpt who has to sign-off Kedd

Authority Role / What They Approve

HSE (Health and Safety Executive) Safety case and major accident hazard management. Approves operational safety changes and inspections.

North Sea Transition Authority (NSTA) (formerly OGA) Licencing authority for petroleum exploration and production. Approves field development plans, production consents, flare/vent consents.

Environment Agency (EA) Regulates environmental permits: water discharge, waste management, groundwater protection, and any emissions to land, water, or air. May require updated permits after upgrades.

Lincolnshire County Council (Minerals Planning Authority) Grants planning permission for onshore oil/gas sites. Any material change (new equipment, tanks, flares) may require revised planning consent.

British Geological Survey (BGS) Usually informed for seismic monitoring. Not an approving body but may be consulted for subsurface concerns.

Oil and Gas Authority (OGA) → now part of NSTA Retains oversight of economic recovery and reservoir management (merged into NSTA).

Local Fire and Rescue Authority May need to be notified, especially if the upgrade affects fire risk, access, or emergency response plans.

likeawalrus
19/6/2025
08:27:47
would keddington be listed on any Govt. sites?
currypasty
19/6/2025
08:12:16
23.09.24 Currently, a material upgrade of the production equipment and site modifications at Keddington is ongoing, the result of which is expected to increase efficiency and production rates going forward. Works are expected to be completed and production reinstated during late Q4 2024, adding a further increase to Union Jack's revenue stream.

13 months since production stopped, 6 months overdue...all very strange

likeawalrus
18/6/2025
12:54:46
2023 royalty £ 35'142
2024 royalty £ 196'737
2024 revenue £ 192'158

total income from US assets as at 31.12.24 = £ 424'037

likeawalrus
18/6/2025
12:10:53
Kim, I only included those that have been drilled and producing thus far (or not as the case is for Taylor) and I did not include Royalties purchased or any earnings from Royalties. Yes the final bill will be about double and thus indicates PPM.
1347
18/6/2025
12:00:10
Your $3mm is short of the mark.Total US investments as per their own published numbers, not including opex or any upgrades etc etc etc.Andrew $1.2mm -Taylor $0.85mm -Mocc $0.85mm -Rogers $0.24mm -Diana $1.56mm (inc seismic, presumed committed but not yet drilled) -Royalties $1.02mm - -Total $5.7mm.
kim_clay
18/6/2025
10:07:15
well, someone bought 125k this morning 🤣
currypasty
18/6/2025
09:47:36
So the scores on the doors are 1 Trickler, 2 Dribblers, 1 Duster. I reckon over $3 million spent in Farm In, Back Costs and Drill Costs and so far the return is circa $400 k revenue, after Opex etc that's next to naff all earnings. More like 6 years payback time not 6 months. To be clear, USA is in no way a money spinner, UJO would have made more just sitting on the cash. This is negative ROI, and a sign of poor management. Wressle is declining, everything else being can-kicked as usual. There is no investment case here. Anyone with an alternative view point is delusional in my opinion.
1347
18/6/2025
09:14:48
regarding Royalties, Europa's RSA deal is effectively a Royalty, I have to wonder if it was offered to UJO. If it was, why did we not take as it seems like a great deal for the counterparty? If it wasn't, I wonder why not considering we lent EOG £1m so I thought WH & DB were BFFs
likeawalrus
18/6/2025
09:07:32
I think that's right LaW.A1 177 bbls over 60 or so days is approx 3 bpd and it looks like A2 is somewhat less than that. So maybe 5 bpd gross or around 2 bpd net UJO for oil.Gas of course is the main revenue stream for Andrew, Probably still intermittent production from Mocassin, so we have to assume 80-100 is the current rate when flowing, 40-45 net to UJO.Not really sure these are the game changing quick return revenues they expected after sinking $mm's into the US.At some point they might need to consider turning this into a divi/return of capital play, cut costs to a bare minimum, stop further risk based investments other than Wressle phase 2 plus perhaps more US Royalties and run it for cash returns to shareholders.
kim_clay
18/6/2025
07:58:33
Moccasin - April 1'980.59 (66 bpd)

A-1 = Dec 167, Jan zero, Feb 176, Mar zero, Apr 177 ...this dataset suggests A-1 can fill a tanker every 2 months

A-2 = Dec 172, Jan zero, Feb 173, Mar zero, Apr zero?

Taylor - no data

likeawalrus
16/6/2025
15:51:50
They didn't do it before because it wasn't the best technical option ie new hole drilled with oil based mud and a long horizontal section which they told us solved the previous issues. This is the fall back but affordable option, enter an old well previously drilled with water based mud, so they have to run a prop squeeze to try and connect into effective porosity and permeability outwith the water damaged zone. The fundamental issue with this type of carbonate reservoir is that the interconnectivity of the porosity is unpredictable as it's mainly formed after deposition. Standard practice in other geographies is to drill long horizontal wells to try and connect as much broadly unpredictable fracturing and vuggy zones as possible, hopefully with some primary porosity helping. The volumes suggested make assumptions based on estimates of what that interconnectivity is and how far it extends. As always it will require a long test to see what gas volume is in connection to the well, pressure support etc etc .
kim_clay
16/6/2025
12:38:41
RBD CEO's have bought 170m shares this morning, hence the uptick

thx Kim, Im still not clear why they didnt re-enter & re-complete to get the gas flowing, surely that would have encouraged investment?

likeawalrus
16/6/2025
12:30:00
LawBecause they needed someone else to fund the original full meal deal development, then they decided on the one new horizontal development well ( £12m). Seems finding for either option wasn't forthcoming. It appears that the best affordable solution was the entry and prop squeeze £1.4mm and "fully funded" by JV Partners.
kim_clay
16/6/2025
11:45:02
what I dont get about WN is that RBD has been saying for a while that to re-enter and re-complete a well will cost £1.4m and get the gas flowing which in turn will fund further work. So why didnt they do that 2 or 3 years ago?
likeawalrus
16/6/2025
10:32:06
are people buying RBD on the West Newton update ?

up 17% so fare

currypasty
Chat Pages: 1439  1438  1437  1436  1435  1434  1433  1432  1431  1430  1429  1428  Older

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