Union Jack Oil Share Discussion Threads

[jammydodger1] 11/11/2019 08:45

Large offloading going on here

[lageraemia] 11/11/2019 08:41

200bcf of gas onshore that close to a gas main isn't exactly worthless is it?

[4sta] 11/11/2019 08:39

Heid and co. twitter gang very quiet on LSE this morning. You would think they would be elated as diehard fans of UJO. Can't quite work out what their game is.

[likeawalrus] 11/11/2019 08:38

I was expecting some progress this morning but my broker quoting .25/.26

[jammydodger1] 11/11/2019 08:37

Our old friend Chris oil strikes again

[jammydodger1] 11/11/2019 08:33

Something stinks

[talkman2] 11/11/2019 08:33

The market is currently valuing the whole of WN at around £180 million . Go figure

[grannyboy] 11/11/2019 08:31

It's not a matter of spiked, the share price should be a lot higher on this news, it's just that the MM's know what happens on this kind of news, it gets sold into by the 5-10% day traders .. Once those desperado's are shot of, the mm's will then start to raise the share price.

[guesswhosback2] 11/11/2019 08:31

Its a fabulous RNS with some huge data. The share price is disappointing but it will come. Value always does. The press will get hold of it as the results are pretty substantial for the O&G industry and National importance.

[ileeman] 11/11/2019 08:30

Mr Daniel Levi (Sinner)‏ @BrokermanDaniel · 21m21 minutes ago



Sources indicate 2 Majors are in the mix to buy out ALL of #WestNewton. Good sources.


Mr Daniel Levi (Sinner)‏ @BrokermanDaniel



The pointer to a takeover of the licence will be when they release an upgraded Brokers Note. That's not for investors it's to set a bench mark on value of buy out. Part of their strategy etc.. #RBD #UJO #WestNewton etc

[bakedbean] 11/11/2019 08:30

Morning atino

[ileeman] 11/11/2019 08:28

Offshore numbers onshore.

Amazing to see such a muted response, think directors should just see this bought out to see most value in short term.

[akmal101] 11/11/2019 08:25

Ouchhh imagine the poor souls that got spiked

[atino] 11/11/2019 08:23

“potentially” a Good RNS (...and taken you’s out of the 0.19 - 0.25 range 🙇)...but not enough...into the promised lands of 0.30’s, and beyond ??

[atino] 11/11/2019 08:20

Sachin Oza, Co-CEO of Reabold, commented:

"The updated analysis of the West Newton asset not only confirms the likelihood that the dominant phase of the Kirkham Abbey hydrocarbon in place is oil rather than gas, but also that the volumes contained within the Kirkham Abbey are indicated to be significantly greater than those assumed by the existing CPR which was produced prior to the drilling of the A-2 appraisal well.



We remain extremely excited by the potential of what is emerging as a large scale, conventional, onshore oil and gas asset. With Rathlin fully funded for a substantial work programme over the coming months, and with permits already in place for additional drilling at the West Newton B-site, we look forward to updating investors with future results as they become available."

[atino] 11/11/2019 08:16

Union Jack Oil PLC (LON:UJO) has been informed by operator Rathlin Energy that the Kirkham Abbey reservoir in the West Newton project area contains a base case 146mln barrels of oil-in-place and a best case of 283mln barrels.

Reabold Resources and Union Jack Oil welcomed positive study results indicating a larger resource base at the West Newton prospect in England.

This liquid element is much higher than originally estimated, David Bramhill, Union Jack’s executive chairman said in a statement

Raithlin came to its conclusion after analysing a 28 metre core sample from Kirkham recovered during the recent drilling of the West Newton A2 well.

[bakedbean] 11/11/2019 08:16

People dumping into this rise again, did Chris oil off loads the lot !

[theaviator] 11/11/2019 08:15

This is a multibagger

[guesswhosback2] 11/11/2019 08:13

Nice to get a few more before the press get hold of it.

[likeawalrus] 11/11/2019 07:30

I wonder where the share price will be by Friday 0.5? 0.6?

[ileeman] 11/11/2019 07:29

Worth $billions.

UJO 16%
RBD 40%

= multibaggers in both, market will have to price a large portion of that in as it is a screaming takeover target now.