Union Jack Oil Share Discussion Threads

[likeawalrus] 25/10/2024 12:06

dan I found this - very interesting

[dan de lion] 25/10/2024 11:47

I wonder how they managed to find those prolific fields in the 1920's

[likeawalrus] 25/10/2024 11:29

Structures to the north and east of Taylor were prolific in the 1920s, producing in the thousands of barrels of oil per day!

why does Bramhill add this nonsense!

[bionicdog] 25/10/2024 10:58

Hopefully.

[likeawalrus] 25/10/2024 10:52

what happened to 3 drills in Q4? has DB seen the error of his ways?

[cashandcard] 25/10/2024 10:16

CP,Thanks. Seems DB has the bit between his teeth and really going for it. Whilst there are questions around Andrews level of production, nothing is ever guaranteed.But if they don't try, they'll never know. There are always lucky surprises from time to time.I am reminded of Hawk and the discovery of Jolly Ranch. There were some average producers on that field and one particularly high producing well - can't remember the name. It did 500bopd. All DB needs to do is continue to carefully role the dice and one of them will be a above average hit.Cash

[bionicdog] 25/10/2024 10:11

So he does read the board.

[currypasty] 25/10/2024 10:10

UJO twitter feed re-itterating 2 more wells in next 2 months


Union Jack Oil plc
@UnionJackOilplc
#ujo $UJO #ujogf #OTCQB

*Union Jack holds a 45% interest in Taylor and Moccasin wells to be drilled back to back in Q4 2024!

*Analogue case indicates robust economics on success!

*Structures to the north and east of Taylor were prolific in the
1920s, producing in the thousands of
barrels of oil per day!

*Costs to be paid from existing cash resources!

[maxwell] 25/10/2024 09:16

Maybe a few buyers returning as the high sellers may have exhausted themselves for awhile - let’s hope so & the share price just might start to recover? Especially with perhaps some positive update from the company!!!! If there is anything positive of course as there is a concern with us all increasing daily?… especially as held for 12 years and now 80% down on purchase price.

[markfrankie] 24/10/2024 16:45

So it looks like keeping the ukranian flag wins as only paid posters are able to vote no, so a clear winner, what that's got to do with ujo I don't know but hey democracy rules :-) so I'll shut up

[talkman2] 24/10/2024 14:30

Just sell this dog . Where is this share price going ?
Look at Deltic and Seascape. Much better prospects at their current levels .

[likeawalrus] 24/10/2024 14:17

Reach hasn't replied to either of my emails in recent weeks.

they must know when T&M will happen as they have to agree a drilling contract as they did for Andrews

[uggy100] 24/10/2024 13:13

I e-mailed Reach a couple of days ago asking if Taylor & Moccasin were still on track to go ahead....
No reply as yet.

[likeawalrus] 24/10/2024 09:55

11.03.24 - drilling contract has been signed with a local contractor, 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

28.03.24 - drilling rig is on location and that the Andrews-1-17 well has now spudded

08.04.24 - Further to the spud announcement of 28 March 2024, the Andrews 1-17 well was drilled to a total depth of 4,600 feet. The Dan D2 drilling rig has now been demobilised and completion and production testing of the Andrews 1-17 well is scheduled to commence within the next 14 days.

10.07.24 - Andrews 2-17 well has been spudded. Approximate eight-day drilling period to a depth of circa 4,700ft. Completion time is swift; approximately eight days including perforating and flow-back if successful

18.07.24 - Further to the spud announcement of 10 July 2024, the Andrews 2-17 well was drilled to a Total Depth of 4,850 feet.

...based on these RNS statements, it seems likely that an announcement for the back-to-back drilling of Taylor & Mocassin must be very close, perhaps within the next 2 weeks?

[mickhay3] 24/10/2024 05:55

This is where db go's for a greegs lol https://www.theguardian.com/business/2024/oct/23/sausage-rolls-cristal-greggs-champagne-bar-newcastle-fenwick?CMP=Share_AndroidApp_Other

[markfrankie] 23/10/2024 21:26

Can we consider removing the blue and yellow flag please, anyone agree ?

[currypasty] 23/10/2024 17:24

the problem is that if were told 100 bopd, and its actually doing 20 its not that good a move.. The longer they say nothing, the less trust there is

[markfrankie] 23/10/2024 17:12

I still feel DB has done a good thing moving to USA let's see how it all works out

[likeawalrus] 23/10/2024 15:17

if anyone does twitter, perhaps they could ask DB why he hasnt given Q3 data for Wressle as per the RNS of 15.01.24 which said...

Executive Chairman of Union Jack, David Bramhill, commented: "The US$18,000,000 net revenues achieved to date from Wressle (UJO 40%) continue to bolster the Company's Balance Sheet, complemented by additional cash-flow from the Keddington oilfield (UJO 55%). Going forward, future production and revenue updates from Wressle will be reported on a quarterly basis.

[likeawalrus] 23/10/2024 14:20

yup the final nail in the coffin for any trust was the uber-ramping of Andrews which so far has proved to be nonsense - commercial yes, but a "major success"? no way

[bionicdog] 23/10/2024 13:49

It's all gone too far. Any remaining trust has disappeared.

[currypasty] 23/10/2024 13:37

Union Jack Oil plc
@UnionJackOilplc
·
18m
#UJO

Nice to be back at Wressle to see the well continue producing and generating strong revenues for Union Jack 💪



yes but why dont UJO give production details, where they think production will go... why leave it to us to find out historic data on Govt website ?