Union Jack Oil Share Discussion Threads

[lageraemia] 13/1/2023 10:48

I wounder if EDR's forthcming CPR will also reference the 'Santon Sands' interval at Wressle as well?

That was the most interesting thing in the GC report commissioned by UJO for me.

"Santon Sandstone Upside Potential

The Wressle-1 well also indicated the hydrocarbon potential of the Santon Sandstone. This reservoir requires further data to be obtained during future drilling in the field before any development can be planned, however this provided additional future potential. This formation was not tested in the Wressle-1 well."

We need some rough outline of the development drilling planned for Wressle and the Todgerstone Flags next.

[karina] 12/1/2023 16:35

1200 bopd I think. so UJO go from 320 a dayish to 480 An extra $12,800 a day, $384000 a month $4.6m a year plus electricity income and savings.....

[thetoonarmy2] 12/1/2023 15:19

L A Walrus. It will probably cause the share price to drop knowing our luck.:)

[likeawalrus] 12/1/2023 13:09

hopefully we'll have an update from Egdon re the C65s within a couple of weeks, not sure how it will affect production but hopefully MA will announce a significant increase. I wonder how much it will save on the electricity bill, maybe £5k per month?

[karina] 12/1/2023 12:09

28.321 to buy now I took a few

[guesswhosback2] 12/1/2023 11:53

I've been buying this am. Plenty available at 8am. News soon to the positive I hope.

[karina] 12/1/2023 11:03

Curry I think the MMs only have two buyers they want to entertain currently. UJO and AN Other larger buyer with some MM clout

[maxwell] 12/1/2023 10:32

Just the MM’s having a little fun as you must remember it is such a boring job every day trying to make a shilling or two$$

[currypasty] 12/1/2023 09:56

Its the MM's... you can sell loads, but buy none


Selling 50,000 UNION JACK OIL PLC ORD GBP0.05 shares
The price quoted cannot be guaranteed until the order is confirmed.

Price£0.2775



Selling 150,000 UNION JACK OIL PLC ORD GBP0.05 shares
The price quoted cannot be guaranteed until the order is confirmed.

Price£0.27111



edit, online sell price gone up

Selling 50,000 UNION JACK OIL PLC ORD GBP0.05 shares
The price quoted cannot be guaranteed until the order is confirmed.

Price£0.28065

[currypasty] 12/1/2023 09:53

is online trading bust again (ii was down the other day), or are MM's not wanting buyers?


Buying 2,000 UNION JACK OIL PLC ORD GBP0.05 shares
We have been unable to obtain a live quote at this time.
What does this mean and why does it happen?
You can continue with your order at market best and one of our dealers will attempt to manually execute your order, or you can amend your instruction and submit a limit order.
Indicative Price£0.28Order TypeMarket Best
Order DetailsSettlement DateT+2Estimated Cost of Shares£560.00

[currypasty] 12/1/2023 09:50

If traders were buying these cheap prices, rather than the Company, they would be selling them on the next run.. The buy backs should stop this to some extent, imo

[likeawalrus] 12/1/2023 09:41

my post on lse

Europa interview


mentions appraisal well for Penystone as well as planning for drilling at Broughton North - sounds very encouraging

[monet] 12/1/2023 09:18

32campomar (Bit frustrating the buy backs are having no impact.)
It seems we are having more buy back now the Company year end to Dec 31 has finished, so supporting the sp, a lot of bored, weak investors have been selling up waiting for the news(or lack of it)but when news does come there will be less shares available to buy, So pushing the share price a lot higher.

[ldbart] 12/1/2023 07:55

UJO now own 1% of their own stock. Many more to buy ;-)

[currypasty] 11/1/2023 21:29

free stock charts from uk.advfn.com
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[markfrankie] 11/1/2023 21:05

I'm pretty happy with the way the buy back is going

[likeawalrus] 11/1/2023 20:17

29.47p av.

[lageraemia] 11/1/2023 18:44

The average so far must be under 30p by some margin!

[likeawalrus] 11/1/2023 18:06

if they up the buys to 200k or 300k per week I think the buyback will start to move the share price back above 30p, of course if we win Bisc very soon or with the C65s coming online this month, the broker may not have much longer to buy sub 30p