Union Jack Oil Share Discussion Threads

[dan de lion] 03/4/2024 09:02

bought some more @ 15.4p shown as a sell.

[ashleyjv] 02/4/2024 15:22

Should know the status of the new well by the end of next week

[maxwell] 02/4/2024 11:53

Bet he is a buyer if the word is in plus traders who will be long gone prior to us knowing anything & to late again??

[currypasty] 02/4/2024 10:19

MCAP onl £16 m, way too cheap

NSTA data for january showing a healthy 600+ bopd oil


been sold off by punters worrying no update, meant no oil... nsta doesnt lie

Also took a knock from the hit job, by the well known tipster, who seems to have an axe to grind, imo

[currypasty] 02/4/2024 09:51

time for shareprice to recover a bit ?


MM's paying 14.5, tick up soon, imo

[likeawalrus] 01/4/2024 11:42

609bpd is quite respectable imo, I was expecting 450-500bpd so I'm pleasantly surprised! I think this will help the share price this week, maybe 16p/17p by Friday?
Happy Easter all :)

[greypanther2] 01/4/2024 11:34

Hello LAW. January's 3,000.92 cubic metres from the NSTA is 18,875.2 barrels and this amount divided by 31 days is a monthly 608.9 bopd average, as you've just said. It's also shown by the NSTA as 2,490.764 tonnes which is the equiv. of 7.578 barrels per tonne. Happy Easter!

[likeawalrus] 01/4/2024 10:50

meanwhile Kedd averaged just over 4bpd down from 11bpd in Decemeber

[likeawalrus] 01/4/2024 08:40

A big jump from 439bpd in December to 609bpd in January...not the 665bpd that the RNS said but still quite respectable

[likeawalrus] 30/3/2024 17:52

true, but this is Egdon

[rederic1] 30/3/2024 16:13

If you look at page 18 it clearly says that the 78 weeks is “worst case” scenario planning. Shouldn’t take this long unless they can’t drill in quick succession.

[likeawalrus] 30/3/2024 09:36

select 'Planning Statement', 64 pages

page 2 says 1st revision 21.02.24 so perhaps Egdon did submit it on time?

page 19 is very interesting, it appears start to production will take 74 weeks

[likeawalrus] 28/3/2024 18:09

top slicing one's holding rather than locking in profit - something that I havent been able to do with UJO shares for a long, long time

fingers crossed for a great week next week

[likeawalrus] 28/3/2024 17:51

hopefully it wasn't my fault!
my guess is cautious investors top-slicing in anticipation of the NSTA data on Tuesday

[1347] 28/3/2024 17:29

Exactly, finally do a drill after years of promising one and the share price is down. Seems you just can't get a decent class of ramper these days can you? Then again it might be law sending insider information to Ruth that did it.

[bionicdog] 28/3/2024 16:59

Curry
I left you in charge as I had to go out for the day and look at the state of it now!

[likeawalrus] 28/3/2024 15:36

we have already had a serious decline from 780bpd in June to 439bpd in December, January data will be interesting. GC estimated under 300bpd for Ashover in 2024 so anything over 300bpd and UJO could argue "performing above expectations"

[aspect100] 28/3/2024 15:27

This Wressle expansion reads like good news to me - some panic selling I think today.

If there was a serious decline in production at this point,would they be compelled to make any statement?

[likeawalrus] 28/3/2024 15:04

I'll stick my neck out and est. Jan production in the 450-500bpd range

[bsg] 28/3/2024 14:54

Some of it is end of tax year I expect.

[maxwell] 28/3/2024 14:43

I cannot understand people willing to sell out at a loss for no obvious reason other than disappointment? & it looks like being compounded by heavy sellers on a different agenda than ourselves. Plus MM’s widening spread doesn’t help!

[karina] 28/3/2024 14:22

Yes they are LAW but sitting on their hands is not the best option here

[thetoonarmy2] 28/3/2024 14:13

LAW its permanently in a closed period, as I have said no confidence in old fatty no news either.

[likeawalrus] 28/3/2024 13:05

is ujo likely to be in a closed period atm?