Union Jack Oil Share Discussion Threads

[maxwell] 18/10/2020 12:04

Malcy talks include UJO

[maxwell] 18/10/2020 12:03

Use the link to listen to Malcy - b1 above if you use capitol t(TT) then opens

[burtond1] 17/10/2020 17:26

Malcy chats with Doc re UJOhttps://total-market-solutions.com/2020/10/17/malcy-talks-oil-gas-xxiii/

[greypanther2] 17/10/2020 09:13

I see that Egdon, who ought to know better than most, are still being slightly vague about the Wressle start-up date. In their RNS yesterday they said "The (PEDL 143) relinquishment ……. enables Egdon to focus its resources on the core near-term priorities; namely, moving to production at Wressle during this quarter …...". To my mind this means any time before 31st December. I would obviously hope for a lot earlier than that, but has any of the partners said anything more definite than that lately?

[nash81] 17/10/2020 01:12

Wressle updates should be towards the end of next week, and then production starting mid Nov.

thats should bring good news to UJO and EOG,
hopefully progress news on UJO can bring us back to 0.3p ?

i will top up EOG next week as already have lots of UJO, and EOG should do well from current 4m mcap too.

[nash81] 17/10/2020 01:09

Wressle updates should be towards the end of next week, and then production starting mid Nov.

thats should bring good news to UJO and EOG, especially as EOG only 4m mcap
hopefully progress news on UJO can bring us back to 0.3p ?

[maxwell] 16/10/2020 08:43

At .155/.16 from first thing ???? Only 4m+ buy & 2m+ sell hence MM’s trying to
drum up some action..... hope they succeed, may be last opportunity at this level?

At 10.30 - 38m+ buy & still 2m+ sell on LSE but holding share price hence perhaps a little block up for sale

[atino] 16/10/2020 06:40

🙇‍a94;️ Rathlin Energy plans continue for new wells at West Newton

👉🏻 The hydrocarbon exploration and production company holds a 66 2/3% interest in PEDL 183 covering approximately 176,000 acres, with Union Jack Oil and Humber Gas and Oil also holding interests.

West Newton C and D would be the new sites for the wells if the company receives planning permission. (bit.ly/2GVzwiS)

Rathlin aims to drill up to two exploration and appraisal boreholes at each site.

The application will be for temporary sites for up to three years and any successful exploration would be followed by further planning applications to extend the site.

Rathlin’s current operations include two wells at the West Newton A wellsite (WNA-1 and WNA-2).

The West Newton A-1 well was tested in 2014 which confirmed presence of hydrocarbons within the Kirkham Abbey formation, and in 2019, Rathlin Energy drilled and tested the West Newton A-2 well.

Earlier this year, Rathlin constructed the West Newton B wellsite and is currently drilling the 2,000m West Newton B-1 well to appraise the hydrocarbons found within the Kirkham Abbey in the two West Newton A wells.

[atino] 16/10/2020 06:36

Most “kind” Woddle 😇 (...I do love a drill drop article - sooo much more balanced than that desperate “Joe Black” fella & his quick print articles ! 🤦‍♂;️👍🙇‍♂️).

👉🏻 (Quote) To residents on behalf of Rathlin Energy (UK) Limited. Please see below. This information has been posted on the Rathlin Energy (UK) Limited website.

As you are aware, Rathlin Energy (UK) Limited drilled the West Newton A-1 well in 2013, discovering hydrocarbons in the Kirkham Abbey formation. In 2019, the company successfully drilled and tested the West Newton A-2 well. This year, Rathlin Energy (UK) Limited is drilling and testing the West Newton B-1 well to appraise the hydrocarbons discovered in the West Newton A wells.

Rathlin Energy (UK) Limited is now proposing to construct up to two new well sites - West Newton C and West Newton D - to further understand the extent of the hydrocarbon reservoir potential.

As part of the company’s commitment to ongoing dialogue and communication, the team wants to take into account local residents’ views and gain feedback on the proposals. The organisation would normally do this through an information day at a local venue, but current COVID-19 restrictions prevent this. Instead, the team has developed an online consultation event which you can preview here:

This online public event for local residents will run for five days from Wednesday 14 October to Sunday 18 October. Stakeholders and interested parties can view the exhibition panels, watch videos from the company’s team of experts (along with other related material available in the public domain) and give feedback on the plans.

[woddle] 16/10/2020 03:25

https://drillordrop.com/2020/10/14/online-exhibition-reveals-details-of-two-new-rathlin-energy-exploration-sites/

[atino] 15/10/2020 17:46

Stuck ?? 🤔💭💭..(50/50 🤷🏻‍♂️)...or “make your up mind” time ⏰...for a “support line” FAILURE ! 😲 (...more like! 🙇‍a94;️)


Coupled with “this shares” CALLOUS share price history 😤🙇‍♂️😉🤫🤫🤦R05;♂️...you know exactly, which way “The Atino” is strongly insinuating! 😤


ALL HAIL “FREEDOM OF SPEECH” (...and the right to varying opinions, without offence 🙇‍a94;️👍) 😤 Bring forth your literature, evidences, statements of supporting facts)....your witnesses ??🤷🏻‍♂ᥧ9;🤷🏻‍♂ᥧ9;😤

[likeawalrus] 15/10/2020 11:51

sp is stuck! we need some good news to propel it into the 20's, wressle, bisc, WN, the price of fish, come on Dave, make my day :)

[maxwell] 14/10/2020 22:35

Cal Joe: a little update

[atino] 14/10/2020 19:55

(Forget the other thread...) I’ll invade SPACE 😤 bring it to you DIRECTLY 😤💭💭💭


OPEN CHALLENGE 📚...(your choosing, or choice of subject matter) 🙇‍a94;️💭💭💭💭

[atino] 14/10/2020 19:27

So Curry...you’s raised “£7 million, plus a FIVER” 😂

When for £5million you could have gone...(at least!)...Mr international 🤦‍a94;️



👉🏻🙇‍♂;️ UKOG pays first $5 million of drilling and seismic costs, which equates to $0.115 per Xodus recoverable mean case net barrel.

$5 million...for a fair share of exploration...in Turkeys “Disputed̶1; Exclusive Economic Zones (EEZ) 🙇‍a94;️😉 (...And UJO have Wressle in Lincolnshire - the not sooo “exclusiveR21; shire zone ! 😤(...and for £7 million 🤦‍a94;️🤦‍♂ᥧ9; !)

That’s £2 million extra !...and you’ve ain’t even gained FAME...or INTERNATIONAL status ! 🤦‍a94;️ (Let alone recognition !🤦‍ 794;️) [...any ”major players” a very far cry imo 😢]


TRUST Atino 😇 YOU’S LOT DONT KNOW HOW TO BE “SUPERSTARS221; 😎 ROCK STARS 🤩 (...nor “boss players” 🤷🏻‍♂️) 😤 Bring you finest...(I wish for you’s to..) 💭💭

[morningswimmer] 14/10/2020 17:20

Hah, so after California Joe telling us not to complain about insider trading as it's normal behaviour in the market today we get Malcy telling us that " the current ujo share price is not disimilar to the price at the time of the placing ". Technically true but he completely failed to mention the dramatic and suspicious 40% fall days before the placing rns was released.

[lageraemia] 14/10/2020 14:28

Oversubsribed at half the price of the shares the previous month.....after someone had tipped off their mates.

Take a bow share price Angel.

[likeawalrus] 14/10/2020 13:55

the RNS actually said
"Union Jack Oil plc (AIM: UJO), a UK-focused onshore hydrocarbon production, development and exploration company, is pleased to announce that it has raised £7 million by way of an oversubscribed placing...."

the msg boards have inflated that to "heavily/massively/hugely/substantially" oversubscribed, take your pick. in theory oversubscribed could be £7m plus a fiver, in fact is it not possible/likely that they would wait to see the interest and round it down to the nearest half mill so they can say it was oversubscribed?

[currypasty] 14/10/2020 13:20

malky, just now
"Union Jack recently raised some £7m in a substantially oversubscribed placing and subscription and this shows that that the company is already putting the money to good use. The current share price is not dissimilar to what it was then and accordingly I feel that at these levels, with so much going on here and at West Newton to mention just two, that there must be substantial upside to the price."

[currypasty] 14/10/2020 12:56

it looks to me like they have changed their tune a bit from first oil in October to ""North Kelsey sits within our focus areas of the East Midlands, Humber Basin and East Yorkshire and is on trend with our Wressle oil development project which is on-track to produce first oil later this quarter. "


I make that this quarter is oct, nov, dec, and so 'later this quarter' could mean as late as December now for oil. Come on egdon, get a wiggle on