Urals Energy Share Discussion Threads

[gaffer73] 11/5/2018 13:33

Ok, producing reserves are running low and the oil in the ground could be difficult to get out. Never said this wasn't cheap, but going off past results getting oil out of new holes is a problem for UEN.

[darren81] 11/5/2018 13:15

I would’ve thought that a company statement at the end of the RNS highlighting good news was an obvious thing to do but with this current group of directors it seems they don’t really care about building good sentiment!

[amargosa] 11/5/2018 13:00

It would be good to know what the top men in the Company think about the report. Our non-exec chair is CEO of a company specialising in providing geological surveys to oil companies ffs. The CEO, well, AWOL specialist. Really, nothing to say?

[lalria] 11/5/2018 12:50

Looks like gaffer wants to get the price down to get in hehehehe

[darren81] 11/5/2018 11:59

Can you please explain to me how, from one resource only, that 125m bo (with 90% probability) is running low gaffer? i.e

Low Best High
(P90) (P50) (P10)
Ordymsky 124.7 178.0 256.4


All for a MCap of <12m - id be very interested to hear your logic mate...

[gaffer73] 11/5/2018 11:42

I'm not sure the report was that good. It shows the reserves are running low and extraction could be difficult. (I'm not Neft by the way)

[lalria] 11/5/2018 11:14

Just picked up 10k in shares

[lalria] 11/5/2018 11:03

what's your take on the report Neft

[neftanik] 11/5/2018 11:01

Another complex structure. So be prepared for more disappointments

[lalria] 11/5/2018 10:59

I may go in for a few more as waited this long over the years may as well throw the kitchen sink at it

[lalria] 11/5/2018 10:51

Just think of it as a good buying opportunity

[martyn9] 11/5/2018 10:40

Bloody too true chav.

[chavitravi2] 11/5/2018 10:30

BVN looked interesting, I didn't know an exploration well there delivered 130bopd. Tho there is no production there at present it looks good. Urals said they are confident the 15-20 tons can be lifted to 40-60 tons with fracturing. Which is what they will do. That exploration well that's being drilled now will be the maker for us if the results are good. Not long now for that.

[martyn9] 11/5/2018 10:29

WTF,more buys than sells and they drag it down.

[bonzodog1] 11/5/2018 08:45

Great report should move on now, so much to look forward to GLA

[darren81] 11/5/2018 08:04

At last!! Makes for good reading - now lets get on and start getting that oil out of the ground!!

[sidarthur2] 11/5/2018 08:00

no chairman comment which is usual so he probably doesn't understand it so what chance have we got?!!!!

[qui quaerit reperit] 11/5/2018 07:57

Very good update

[martyn9] 11/5/2018 07:52

Can Anyone with an IQ above 190 explain the report!!

[bangers and cash1] 11/5/2018 07:51

What an update!

[chavitravi2] 10/5/2018 17:55

Strange, not showing at all here but LSE is showing a sell of 7,262 shares at 3.50pm at a mugged price of 91.75p. Not showing as late etheir.

[lalria] 10/5/2018 16:50

I think some of the guys that went to the last meeting with the board explained why they take the loan prior to tanker shipment.