Share Name Share Symbol Market Type Share ISIN Share Description
Union Jack Oil Plc LSE:UJO London Ordinary Share GB00B814XC94 ORD 0.025P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.0% 0.2025 31,058,305 07:49:35
Bid Price Offer Price High Price Low Price Open Price
0.20 0.205 0.2025 0.2025 0.2025
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 0.17 -1.10 -0.01 25
Last Trade Time Trade Type Trade Size Trade Price Currency
15:27:21 O 146,423 0.20125 GBX

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Union Jack Oil (UJO) Top Chat Posts

DateSubject
16/10/2019
09:20
Union Jack Oil Daily Update: Union Jack Oil Plc is listed in the Oil & Gas Producers sector of the London Stock Exchange with ticker UJO. The last closing price for Union Jack Oil was 0.20p.
Union Jack Oil Plc has a 4 week average price of 0.19p and a 12 week average price of 0.19p.
The 1 year high share price is 0.37p while the 1 year low share price is currently 0.08p.
There are currently 12,107,572,999 shares in issue and the average daily traded volume is 151,829,042 shares. The market capitalisation of Union Jack Oil Plc is £24,517,835.32.
15/10/2019
12:21
currypasty: Steffy - Stefania Barbaglio Retweeted Heid Wressle production will represent a key milestone for #UJO this will massively re- rate UJO share prices. I am looking forward to seeing the progress on #WestNewton and update on #Biscathorpe. This is a 1p game min. Steffy - Stefania Barbaglio added, Heid @Heid_oil Wressle is getting set for the big event .. 🎺..🇬🇧 Make Union Jack Oil a profitable company #UJO planning inquiry begins 5th Nov.
15/10/2019
12:10
wba1: Interesting that Stefania Barbaglio has gone on twitter to call a big increase in the UJO price. As the CEO of Cassiopeia, and presumably being paid by UJO for the investor forums they are organising and UJO are presenting at, she will be taking a huge risk in terms of regulator attention unless she is very confident of her prediction. Ramping by advisors of any sort to the companies concerned is frowned upon. We all know it happens, but not usually in so open a manner.
11/10/2019
07:16
atino: In this week’s episode of Love Island 🥰 both Chris-LESS UJO fans...and other stake holders, depart ways! Reasons cited - irreconcilable differences and THIS issue of...12 billion ! 😜🙇 LOL (Snippet 🙇) With the price action over the last few days it has not been surprising as there has clearly been a larger seller in the market suppressing the price. For Chris, a nice little earner as the share price was around 0.1p, pre-West Newton drilling results, and has doubled to around 0.2p. With 12.1 billion shares in UJO right now, a reduction for 7 to 3 % at those price points would be a profit of : Investment May 2019 12.1 billion x 7% x 0.1p = £847,000 Proceeds of Sale October 2019 12.1 billion x (7-3) 4% x 0.22 = £1,065,466 Profit = £218,466 Now bad for 5 months work! https://contrarianinvestor.net/posts/2019/10/8/controversy-as-chris-williams-aka-chrisoil-sells-down-ujo-stake?format=amp&__twitter_impression=true
09/10/2019
09:14
wba1: #2152 Atino; Your point is irrelevant. All I have done is add up the various assets values, taking cash at face and other assets as valued by the market (through RDB and at min UJO price prior to WN). If you cannot accept basic math it rather exposes an agenda.
08/10/2019
10:29
rnstranslator: RBD have agreed to pay £23mm (7+16) for an additional 39% of Rathlin.That values Rathlin at £60mmTheir only asset is WN so that values 100% of WN at £90mm.UJO share of WN therefore is currently valued by folks that have ALL the info at £15mm.Current mkt cap is £24mm, so you get Wressle and Biscathorpe for £9mm ...seems about right for now ..until greater public clarity on the liquids volume, and flow rates....sellers aside that's really why the share price has fallen...
03/10/2019
16:10
atino: Trust me (...aint no majors in this UJO share). Otherwise...you would be like this: (quote) Tower Resources pursues joint venture with undisclosed oil major Oil and gas exploration and development company Tower Resources has seen its share price rally on Thursday, following its announcement that it had begun discussions for potential co-operation on a joint venture. The Company stated that it had given technical and commercial information to an international oil company with a view to spark discussions of a potential joint venture. https://ukinvestormagazine.co.uk/tower-resources-pursues-joint-venture-with-undisclosed-oil-major/ And your far from it !
04/9/2019
06:53
atino: 🚨 Biased report ALERT 🚨 (Quote, 3rd Sept) “Union Jack Oil, a Caged Monster awaiting release!” Well, it's certainly been a bumpy ride the past week as the share price retraced after the news that a substantial oil find has been discovered that could eclipse any discovery in recent years. Of course, we all know that until it is actually proven, the market will reserve judgement and not allow the value to exceed the evidence. Now, in the case of UJO, unlike many Aim oilers, we are incredibly fortunate to have one of the most experienced companies drilling the West Newton A2 well. Rathlin Energy have a raft of successful drilling operations behind them and they will have the best idea of exactly what has been discovered. They are, I am sure, still analysing and testing what appears to be a multi zone well. Without even perforating the Cadeby formation where our oil hopes lay, it would appear we have the oil in the Kirkham Abbey. Additionally, it would seem the original gas discovery in West Newton A1 well could also contain the same results. It has now been confirmed that the previous CPR has likely been grossly underestimated. That what was a company transforming gas discovery could now be oil as well. A 45 metre column of oil has been identified below a 20 metre gas column and this is in just one section of the depth drilled. The operator from what I can ascertain used a Raptor cased hole evaluator, the most sensitive pulsed-neutron tool ever built. This piece of equipment can detect through-casing oil, gas, and formation water. Enhanced carbon-oxygen (C/O) technique Determines bypassed oil location and volume Identifies and corrects for carbonate lithology and cementation effects Proprietary N-Vision technique Determines bypassed natural location and volume Quantifies gas-liquid saturation in porosity ranges as low as 5% Enhanced sigma technique Delivers water-saturation in porous, high-salinity formations Measures the diffusion-corrected formation sigma derived from four-detector mixing I believe this equipment have given Rathlin a superb insight into what we have and when they say "highly significant" they know exactly how significant this discovery is and what they will be able to do with it. There has been reference made to Wytch Farm in terms of the size of the reservoir, the aerial extent of our reservoir was measured to be over 4500 acres. This is more than just substantial, this is potentially massive and the major oil companies WILL want it and they WILL pay an absurd amount for it. UJO has a large cash windfall in the making which will transform them into a mid tier, self financed oiler with the largest onshore, unappraised hydrocarbon discovery in the UK to develop. Can you imagine what this amount of cash will do for the development of Biscathorpe? The future for shareholders in this company is mind blowing and once things become clearer, the market will have no choice but to allow the value to meet the potential. There has been much speculation over the past week about the reason for pausing the EWT. The main reason that I can ascertain was the operator and the partners were drilling this well expecting a major gas play. The equipment on site was there to deal with that. It was not there to deal with a 45 metre oil column. The whole plan has now changed and further investigation and analysis is certain to be underway. One thing is for sure though, very exciting news is on the way. On the bulletin boards there are those that would like to instil fear and uncertainty, this is amplified by the recent retrace in the SP, but mark my words, these naysayers are no less confident than you or I, they just want to see the value decrease in order to maximise their profits by buying in on the cheap. There is nothing new in this, every AIM stock suffers with it and I am never unnerved by it, I expect it. When this information was released, it had to go before the company Nomad. The information would have to have been clarified with no doubt before it would have been signed of to RNS. It is indisputable. We are presently awaiting a revision of the well test design because of this unexpected, yet HIGHLY SIGNIFICANT oil column that has now been added to the pot. Wherever the share price may go over the next few weeks, inevitably for Union Jack shareholders, we are all sat on a monster that is presently caged. https://www.californiajoe.co.uk/union-jack-oil-a-caged-monster-awaiting-release Dude...with 12billion shares in circulation the only ones keeping themselves caged upon any good news, are UJO themselves 🤦‍♂;️! Idiot
03/9/2019
11:42
bionicdog: https://www.californiajoe.co.uk/union-jack-oil-a-caged-monster-awaiting-release Union Jack Oil, a Caged Monster awaiting release! By Chris Bailey•03 Sep, 2019 Well, it's certainly been a bumpy ride the past week as the share price retraced after the news that a substantial oil find has been discovered that could eclipse any discovery in recent years. Of course, we all know that until it is actually proven, the market will reserve judgement and not allow the value to exceed the evidence. Now, in the case of UJO, unlike many Aim oilers, we are incredibly fortunate to have one of the most experienced companies drilling the West Newton A2 well. Rathlin Energy have a raft of successful drilling operations behind them and they will have the best idea of exactly what has been discovered. They are, I am sure, still analysing and testing what appears to be a multi zone well. Without even perforating the Cadeby formation where our oil hopes lay, it would appear we have the oil in the Kirkham Abbey. Additionally, it would seem the original gas discovery in West Newton A1 well could also contain the same results. It has now been confirmed that the previous CPR has likely been grossly underestimated. That what was a company transforming gas discovery could now be oil as well. A 45 metre column of oil has been identified below a 20 metre gas column and this is in just one section of the depth drilled. The operator from what I can ascertain used a Raptor cased hole evaluator, the most sensitive pulsed-neutron tool ever built. This piece of equipment can detect through-casing oil, gas, and formation water. Enhanced carbon-oxygen (C/O) technique Determines bypassed oil location and volume Identifies and corrects for carbonate lithology and cementation effects Proprietary N-Vision technique Determines bypassed natural location and volume Quantifies gas-liquid saturation in porosity ranges as low as 5% Enhanced sigma technique Delivers water-saturation in porous, high-salinity formations Measures the diffusion-corrected formation sigma derived from four-detector mixing I believe this equipment have given Rathlin a superb insight into what we have and when they say "highly significant" they know exactly how significant this discovery is and what they will be able to do with it. There has been reference made to Wytch Farm in terms of the size of the reservoir, the aerial extent of our reservoir was measured to be over 4500 acres. This is more than just substantial, this is potentially massive and the major oil companies WILL want it and they WILL pay an absurd amount for it. UJO has a large cash windfall in the making which will transform them into a mid tier, self financed oiler with the largest onshore, unappraised hydrocarbon discovery in the UK to develop. Can you imagine what this amount of cash will do for the development of Biscathorpe? The future for shareholders in this company is mind blowing and once things become clearer, the market will have no choice but to allow the value to meet the potential. There has been much speculation over the past week about the reason for pausing the EWT. The main reason that I can ascertain was the operator and the partners were drilling this well expecting a major gas play. The equipment on site was there to deal with that. It was not there to deal with a 45 metre oil column. The whole plan has now changed and further investigation and analysis is certain to be underway. One thing is for sure though, very exciting news is on the way. On the bulletin boards there are those that would like to instil fear and uncertainty, this is amplified by the recent retrace in the SP, but mark my words, these naysayers are no less confident than you or I, they just want to see the value decrease in order to maximise their profits by buying in on the cheap. There is nothing new in this, every AIM stock suffers with it and I am never unnerved by it, I expect it. When this information was released, it had to go before the company Nomad. The information would have to have been clarified with no doubt before it would have been signed of to RNS. It is indisputable. We are presently awaiting a revision of the well test design because of this unexpected, yet HIGHLY SIGNIFICANT oil column that has now been added to the pot. Wherever the share price may go over the next few weeks, inevitably for Union Jack shareholders, we are all sat on a monster that is presently caged.
04/8/2019
14:25
atino: Let's see....how [and by how much!] your..."PAID FOR SERVICES" (LOL)...has RAMPED...you's all up by 😤🙇‍♂️😉 [Snippet] • On the back of this successful appraisal well result we feel comfortable reducing our risking on West Newton and also including a contribution from the liquids column to our valuation. We are resuming research coverage with a DCF-based target price of 0.55p/share, or nearly 3x the current share price. It should be stressed that we believe there remains considerable upside from here, albeit subject to the outcome of the EWT. •The EWT is expected to give much greater clarity on the quality of the liquids as well as the reservoir characteristics. Moreover the deeper Cadeby Reef target also had hydrocarbon shows and will be further tested by a future appraisal well, likely the West Newton B well, and potentially before the end of the year as it already has planning permission and funding. West Newton B is located some 2 kilometres south of West Newton A-2. •In terms of what investors should be looking for from the EWT which should commence around early to mid-August, we understand that a conventional vertical carbonate well with appropriate porosity and permeability could flow at rates of approximately 100 – 150 bopd which could translate into 5 – 8x that amount in the context of a future long-reach conventional horizontal development well. •The original budget for the West Newton A-2 well was £4.6 million, with UJO liable for £1.15 million of this. It is understood that the well took around 50 days to drill and core versus the original estimate of 40 days, although it was still completed within budget. The over-run was largely down to the extensive coring and logging that was undertaken on the well. • The operator of the licence, Rathlin Energy, has commissioned Deloitte to prepare an updated Competent Persons Report (CPR) to incorporate the results of West Newton A-2 and the upcoming EWT. This could see a material increase in the NPV10 from the >$300 million that Rathlin estimated for the West Newton project prior to drilling the success at West Newton A-2. • In terms of future prospectivity on the PEDL183 licence, it should be noted that the West Newton structure covers an area of around 4,800 acres, within a licence of 176,000 acres. The company believes there is significant upside in the remainder of the acreage, with a number of exploration prospects significantly de-risked by the result of this well. • UJO also has a 27.5% stake in the Wressle discovery in nearby licence PEDL180/182, which is an ongoing oil development project. Whilst relatively small (2.5 million barrels of 2P + 2C), the project could generate valuable cash flow for UJO in 2020 if planning approval is granted. • Following the £2.25 million equity raise announced on 28 June, the company is now in a strong position to progress West Newton. The company is now fully funded for the EWT, which should commence in early to mid-August. The estimated cost of the flow test net to UJO is around £0.7 million and initial results could be as soon as late August 😉🙇‍♂️ • Valuation: On the back of this successful appraisal well result we feel comfortable reducing our risking on West Newton and also including a liquids column element in our valuation. • This has the impact of increasing our target price from 0.44p/share previously to 0.55p/share, or nearly 3x the current share price 😂. It should be stressed that there remains considerable upside from here, subject to the outcome of the EWT. Conclusion: Whilst there are still questions to be answered around this successful appraisal well following the original West Newton discovery, the appraisal well is causing considerable excitement for the joint venture partners and their investors, and rightly so. This could be one of the most significant onshore discoveries made in the UK in years, if not one of the largest ever. With the EWT commencing in August, there could be a material near-term catalyst for the UJO share price. An updated CPR fully incorporating the results of the coring, well logs, re-mapping of the reservoirs and the EWT in Q3 or Q4 could provide a further catalyst. There also remains the possibility of a West Newton B well being drilled before year-end, targeting further upside from the Kirkham Abbey gas and liquids discovery as well as the deeper Cadeby Reef exploration prospect that is a 79 million barrel oil target. *SP Angel acts as Nomad and Broker to Union Jack Oil PLC http://unionjackoil.com/wp-content/uploads/2019/07/SP-Flash-note.pdf
11/7/2019
07:31
markfrankie: SP Angel Flash NoteToday 04:54 best estimate contingent resources of 189 bcf of gas and an NPV10 in excess of $300 million. Following the successful drilling of the well the likelihood is that this estimate will increase substantially, especially if it is liquids-rich. The well itself encountered a substantial hydrocarbon accumulation within the Kirkham Abbey primary target, with a net 65 metre hydrocarbon interval. Below the gas target that was confirmed on logs, coring and logging of the well also confirmed a significant liquids column (presumably light oil or condensate). The EWT is expected to give much greater clarity on the quality of the liquids as well as the reservoir characteristics. The deeper Cadeby Reef target also had hydrocarbon shows and will be further tested by a future appraisal well, likely the West Newton B well, and potentially before the end of the year as it already has planning permission and funding. The budget for the West Newton A-2 well was £4.6 million, with UJO liable for £1.15 million. It is understood that the well took around 50 days to drill and core versus the original estimate of 40 days, although it was still completed within budget. The over-run was largely down to the extensive coring and logging that was undertaken on the well. Following the £2.25 million equity raise, the company is now in a strong position to progress West Newton. The company is now fully funded for the EWT, which should commence in early to mid-August. The estimated cost of the flow test net to UJO is around £0.7 million and initial results could be as soon as late August. On the back of this successful appraisal well result we feel comfortable reducing our risking on West Newton and also including a liquids column element in our valuation. This has the impact of increasing our target price from 0.44p previously to 0.55p, or nearly 3x the current share price. It should be stressed that there remains considerable upside from here. This could be one of the most significant onshore discoveries made in the UK in years, if not one of the largest ever. With the EWT commencing in August, there could be a material near-term catalyst for the UJO share price. There also remains the possibility of a WN B well being drilled before year-end, targeting further upside from the Kirkham Abbey gas and liquids discovery as well as the deeper Cadeby Reef prospect that is a 79 million barrel oil target
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