Union Jack Oil Share Discussion Threads

[penciles2] 05/3/2024 09:57

Stunning results from Greggs,several shops in West Country excelled

[currypasty] 05/3/2024 09:41

any sign of ujo updated holding rns for bacon ?

[likeawalrus] 04/3/2024 17:39

they stated £9m, £9.4m and £1.6m per 1/6 in the same presentation. probably safe to assume that's the minimum for UJO, let's hope they dont F it up again

[currypasty] 04/3/2024 16:25

quiet round here..
why cant RBD put out a definitive statement of costs and how its going to be paid then ?


few buys late afternoon.. update on something soon ?

[t0ndo] 02/3/2024 11:24

https://x.com/unionjackoilplc/status/1763697177317028336?s=46On x....basically stating RBD saying WN drill funding guaranteed! It's about 6/7 mins in

[markfrankie] 01/3/2024 18:54

Nope they just get on with it

[1347] 01/3/2024 16:44

Do they do advanced can kicking courses over there then?

[likeawalrus] 01/3/2024 13:25

perhaps we should have a whip round and send Mark Abbott on a training course in the US

[currypasty] 01/3/2024 13:16

Union Jack Oil plc
@UnionJackOilplc
·
2h
#ujo

Groundworks look complete, wondering if they will spud the Andrews-1 well soon 😀

[greypanther2] 01/3/2024 10:35

The NSTA’s December production info has just been published. I’d expected that in November Wressle would have shown some flush production after the two month hiatus for the installation of the electrical submersible pump. However, the NSTA data shows that in December Wressle produced an average 439 barrels of oil, 181,000 cubic ft. of gas and 109 barrels of water per day. From this one can calculate that the water cut was 19.9% and the gas oil ratio was 412 cu. feet per barrel. For comparison, the figures for November were 458 barrels of oil, 182,500 cubic ft. of gas, 107 barrels of water per day, with a water cut of 18.9% and a GOR of 398 cu. feet per bbl. So the oil production has been fairly level, and the water cut and GOR have only risen very slightly over the month. IMO this is very encouraging as Wytch Farm is still producing a significant amount of oil (9,000 bopd in December) with a water cut of around 96%.

[1347] 01/3/2024 09:57

"it was based on 2 quite clear RNSs" ...and you fell for it.

[currypasty] 01/3/2024 08:50

perhaps they shut down for xmas?

[likeawalrus] 01/3/2024 08:46

that's what's odd curry, mine wasnt a guess, it was based on 2 quite clear RNSs, it shouldn't be wrong but it is according to the NSTA data (180bpd less than the RNSs is a very big difference)

[currypasty] 01/3/2024 08:44

disappointing...

GP2 closest guess

[likeawalrus] 01/3/2024 08:12

Kedd dropped from 26.3bpd in Nov to 10.9bpd in Dec

[likeawalrus] 01/3/2024 08:09

my post from 22nd Feb
nsta data for December released next Thursday - based on RNS
my estimate is 13 days @ 550bpd and 18 days @ 670bpd so av. 619bpd


...the reality from NSTA, av. 439bpd

this is a huge difference which is very odd as the RNSs are fairly clear

[currypasty] 29/2/2024 17:05

are they doing a placing?

[penciles2] 29/2/2024 16:57

Greggs up again on certain customers shopping at there ilfracombe branch

[maxwell] 29/2/2024 16:36

Stephen Williams is presenting at the Shares and AJ Bell Live investor evening in Edinburgh tonight from 5.55-8pm (27 February 2024). Hence maybe someone there might learn a little more & post ??

[bionicdog] 29/2/2024 16:01

Some insights from Ruth.

[maxwell] 29/2/2024 13:08

Well done MM’s they have to move the spread to try & stimulate business - only ones?

AGM June? share price will be +30p hence any floating cash will give a decent return & bet you know what! Only 3s6p in my pocket so get the hoover out & check the settee

[currypasty] 29/2/2024 08:33

either way they will have to issue a new holding rns as total bacon shares now changed

[likeawalrus] 29/2/2024 08:19

UJO is starting to look head and shoulders above all the other small oilers I invest in or on my watch list. Bacon a big disappointment but the sidetrack is booked for April so we may see a good return on UJO's investment. Has DB taken another slice in yesterday's placing?

[currypasty] 28/2/2024 17:26

Bacon...

the Placing to raise approximately £2.6 million (before expenses) through the issue of approximately 5,137,000,000 new ordinary shares of no par value in the capital of the Company ("Ordinary Shares") (the "Placing Shares") at a price of 0.05 pence per Placing Share (the "Issue Price");


I wonder if we will 'average down'

[currypasty] 28/2/2024 17:16

looks like Bacon energy is slaughtered