Union Jack Oil Share Discussion Threads

[tnt99] 15/3/2024 08:50

Don't think much point in progressing the Uk assets while paying an effective 75% tax on profits on the UkAs ever the government has shot themselves in the foot pandering to the tabloid press uproar on profits as though it's a bad thingNow likely be in place to 2029 announced in the budgetWhy would you bother??

[markfrankie] 14/3/2024 19:16

fine by me

[bionicdog] 14/3/2024 19:13

Enough of the name calling!

[bionicdog] 14/3/2024 18:57

That is enough!

[greypanther2] 14/3/2024 17:05

Hi there LAW. IMO the water cut is likely to be about 25% by now since, according to the NSTA, it was nearly 20% in December. I also think it would probably only cost about $1 per barrel to dispose of it at a nearby location such as the disposal well at Crosby Warren. So, as a guess, I'd only add 25% to David Bramhill's previously reported figure of about $8 or $9 a barrel, and that would make it only $10 to $11.25 per barrel by now. Mind you, these are numbers I've more or less "plucked out of the air".

[markfrankie] 14/3/2024 15:33

thetoon you disgusting piece of rubbish.
go cry somewhere else, all you have ever done, you have hate for DB so why are you invested in this business? truth is you hate DB and want ujo to fail.
your school playground comments are just too childish for many on here.
love, heidi.

[likeawalrus] 14/3/2024 11:17

in 2021 DB said opex was "about $8 or $9 a barrel", with significant inflation in the industry and a growing water-cut, any guesstimates re today's opex? Does $15 sound reasonable?

mf maybe end of April beginning of May?

[markfrankie] 14/3/2024 11:11

So when do we anticipate the 1/4 wressel stats

[currypasty] 14/3/2024 09:22

Share_Talk ™
@Share_Talk
·
13m
#UJO Drilling contract has been signed, groundworks have been completed and a "spud date on or around 20 March 2024" is anticipated in respect of the drilling of the Andrews-1-17 well to test the West Bowlegs Prospect, located in Seminole County, Oklahoma, USA' 🇺🇸

[likeawalrus] 14/3/2024 09:01

something doesnt feel right at Wressle - firstly the recent NSTA data does not tally with the RNSs, there's a 180bpd disconnect, secondly no update on production. Yes DB did say quarterly for the $ revenue but the JV said they would update us once production has stabilised...where's the update? The GC prediction of a 2024 av. of 300bpd may be in the ballpark, we shall see.

[talkman2] 14/3/2024 08:57

I’m surprised the market and shareholders don’t have more confidence in DB . Have they forgotten the shareholder value he delivered at Nighthawk , CMR , Bluebird Energy and lastly that gem Osceola ? His investment in Beacon Energy shows he’s still on top of his game .The US investments have excited the market which is reflected in the current share price What more can shareholders expect? Give him a pay rise .

[currypasty] 14/3/2024 08:04

115k sell at 15.75

disaster area

[markfrankie] 13/3/2024 22:59

The toon must go

[likeawalrus] 13/3/2024 16:41

I'm trying to be optimistic and realistic at the same time, there's plenty of "potential" but that's the same with every small oiler. UJO is in a good position but we're at the mercy of Egdon to make real progress. re the Royalty, we will see the final number in the May Finals, they cant hide it imo

[cashandcard] 13/3/2024 16:35

Law 22341#If they are still in the planning stages, you might aswell add another year or two onto them.The only meaningful actions for UJO will be across the Atlantic. Anyone invested now or in for sometime, has only the US operations as a certainty.Cash

[thetoonarmy2] 13/3/2024 16:13

LAW. If Heyco/Egdon gives us any news I won't be surprised, I will be unconscious due to shock.

See Bramhill's new strategy is getting the punters excited 28k sales and 9.5k buys ave of 16.75p about £6500 in total, this is rocketing away, as I have said many times I don't trust his competence, and this Royalty scheme may turn out OK but the one he did first but has kept secret, cos we made such a fortune on but of course, he won't disclose or who it was sold to and for how much!

Bramhill must go.

[1347] 13/3/2024 15:49

law you're almost there, yes 8 months later, not much progress an any of them, no drills, no production increases, not much else happening, which is why I call them can kickers.

[1347] 13/3/2024 14:32

And what do all those key focus items have in common?

[currypasty] 12/3/2024 17:45

"'Gas power facilitates the spread of renewables!' Liam Halligan on latest energy announcement"