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Odins absolutely right, government might adopt the loony policies of opposition years, but seldom do.
Pboo, Farage? No thanks.
Pboo, your later post is unclear. From and to whom? Speech punctuation might clarify, or is it just deramp scare-tactic?
DB'S reply to a longterm unhappy investor.
I would be very careful D... say anything negative and you will get banned from their X account.
D... perhaps you should stop reading the bulletin boards and repeating the comments on here? Guesswork and supposition is rarely accurate when it comes to the actual position of the companies talked about. Things may not come fast enough for some but nothing is intentionally delayed!
Its a pity this report was not accompanied with a drilling program, not much left of H1.
That's why you need to vote for the Reform Party, they would scrap net zero.
I think it has slightly more significance than that.
With a pending Labour government who are pushing the somewhat unrealistic net zero rubbish, this is a very good argument for home grown oil and gas that even with maximum spin they will not be able to deny this is greener than imported LNG.
Started: MickyBee, 23 May 2024 13:00
Last post: Redmoor, Today 11:39
Pboo, is it a fact that you don't know the production level of Andrews-1-17?
Redmoor
The American market is totally different to the European market. In America they drill thousands up on thousands of wells. UJO's partner Reach Oil & Gas have drilled approx 20 wells within a 10 mile radius of Andrews-1-17
Of those, 12 are producing 167bopd which is an average of 14bopd per well.
Over the past 3 years the Reach have produced from those wells 231,000bbl's which is an average of 211bopd.
In the USA getting permission to drill a well is very easy, months not years like in the UK.
From what i gather, Wells in the USA are also very cheap to drill and set up, hence why they are happy to have 1000's of them producing 30 to 50 bopd and are profitable.
Pboo, if the flow rate is poor, why is the next well already planned? We will shortly be getting an RNS about Andrews-1-17, not long to find out what the flow rate is. The only people who will have a clearer picture on it are, Reach and our management.
Totally agree Funstar - I'd certainly be voting for him .. drill baby drill ;-)
Better hope Trump gets elected prowler as Biden has some pretty shocking green policy’s promised if he’s re-elected. So there may be no medium / long term opportunities in USA
Started: Manwithplan, Today 08:54
Last post: Manwithplan, Today 08:54
It is interesting to note that the report conclusions are based upon 10 X producing wells.
We haven't got 1, yet!
Happy daze.
Started: AimDogs, 22 May 2024 18:51
Last post: kawasaki, 23 May 2024 14:48
Think thats the main problem, IF.
Odins, I estimate Rathlin has less than £1.5m cash yet they need £6.4m for their 4/6 share of WN. imo RBD dont want to use £5m to bail them out plus £1.6m for their own share to get WN underway, to do so would mean the Reabold gravy train would run out of cash within 3 years unless WN is successful...
Considering the amount of our money that has been spent drilling for oil at WN and also considering the current price of natgas, I would be surprised if they didn't go ahead with the final drills, get the gas ready for export to grid and then sell the whole shebang.
Raithlin just need to get their finger out and find the cash for their share.
Surprised the chuckle brothers haven't had a dig down the back of the sofa or checked the ashtrays in their Ferraris for the spare change to make this happen to be honest.
suspect wn is a big pain in the **** for all those concerned mainly the chuckle brothers.
Please vote on my twitter... 🤣🤡
Started: MickyBee, 23 May 2024 13:08
Last post: MickyBee, 23 May 2024 13:08
Funny no mention , why?
Started: ChristineTaylor5, 22 May 2024 18:24
Last post: Heid, 22 May 2024 18:27
Well I am going to join you an take time out until after the AGM.
I wish you well with your family matter, christine an let us hope when we both return the share price will at last reward all holders for our patience. x
To hear I am taking some time out on a family matter. So sadly many of you will be able to trash yours and other's investments unchallenged. Some people should look at themselves and realise money and nastiness seem to take over our lives sometimes and some should look at what they say and do on here and why. I feel very confident in the future here and hope the few genuine people posting do well. Unlike Heid's many departures, I will not be back on half an hour x
Last post: Heid, 22 May 2024 17:48
Labour will win the election so that will be the end of any new oil an gas drills in the UK.
Rathlin an Reabold need to get on ASAP.
You will not see the Pennystone Flags drilled to at least the end of next year
West Newton I would say now drilled next year too
Biscathorpe - Cancel
N Kelsey - Cancel
Keddington - Very doubtful
USA - One more well this year
IMO.
Https://northlincolnshire.moderngov.co.uk/mgCalendarMonthView.aspx?XXR=0&M=6&DD=2024&ACT=Go
- consultation closed yesterday
- next planning meeting 12th June "The agenda will be displayed in the week before the meeting"
- Historic Environment Record (archaeology) has advised a Holding Objection
- Linc Wildlife Trust has lodged an objection
- so far no objections from members of the public
Started: milnrowmug, 22 May 2024 16:37
Last post: milnrowmug, 22 May 2024 16:37
Ordinarily, I would deem this too personal; seems LonSouE have done. Bur s/he invades our space with gibberish and irritants and wrongs and poor English. So, on balance imo, you were right to throw something down.
Heid, please do shut up.
Started: Jimmcdee, 22 May 2024 07:15
Last post: milnrowmug, 22 May 2024 15:52
SuePu I have never worked in o&g either, it looks dreadful. I just rely on pure science and original thought. Oh, and greed, obviously.
He retires today.
Perhaps he will bring in some much needed business ?
I won't have that Suepud, Pboo knows his tanks 🪖
Phoo & @WealdOilers are two peas in a pod, both lost everything in UKOG, and now Phoo quoting Weald as some expert, who may l add has never worked a day in his life in the oil & gas game, like others on here who give it the large, right back to the real world... Lets make some wedge NTOG, thank you
Old jet pump V new jet pump
https://x.com/WealdOilers/status/1793173739896492370?s=19
Started: ChristineTaylor5, 22 May 2024 14:22
Last post: Heid, 22 May 2024 15:47
I am defending my investment by saying Craig retires today an starts at Union Jack Oil
Someone needs to work on bringing in new investors.
Will he be the man ?
Yes, mainly responding to your incessant negativity in defence of my investment 😂
Excellent come back from the BOT there!!! ‘Grabs popcorn’ ……. Over to you TAC
Do you ever take a break too ?
14:01
11:03
10:53
10:00
10:00
9:51
9:18
7:55
7:51
7:47
7:41
7:24
7:23
7:21
Have you not got a family at home? Do they know you are there? Do you cook? Place must he a terrible mess.
Today 14:19
'You know something?'
The share price has dropped since you posted this morning.
ReplyRecommendReport Post
Heid
Posts: 25,139
Price: 21.50
No Opinion
RE: Heated AGMToday 14:16
Here come the rinse an repeat gang with their buys.
Guess we get our dividend though of 0.25p
ReplyRecommendReport Post
Heid
Posts: 25,139
Price: 21.50
No Opinion
RE: I give up on this boardToday 14:15
David,
You could buy some Union Jack Oil shares with your lump sum Brucie bonus an speculate to accumulate.
ReplyRecommendReport Post
Heid
Posts: 25,139
Price: 21.50
No Opinion
RE: I give up on this boardToday 14:12
Children's
Share price dropped since your childish post
Perhaps Craig, who retires today from his old job, can rescue this joining Union Jack Oil as a part timer.
ReplyRecommendReport Post
Heid
Posts: 25,139
Price: 21.50
No Opinion
Started: ChristineTaylor5, 22 May 2024 10:53
Last post: Heid, 22 May 2024 14:19
However some may complain about the share price, which even I agree is justified, you simply cannot dispute the forward looking action beong taken to compensate for the dire situation in the UK with regards to planning, production and taxes. The situation is deplorable and David and the board are at least doing their best to negat what is going to become an almighty shlt fest for oilers. If there had never been the investment decision to go into Wressle, we would have no cash and no future. If we didnt have the cash, there would be no diversification onto the US. So for all Heid's incessant moaning, things could be an awful lot worse here for shareholders. Thisnis an AIM listed company, it is a huge gamble as is any company listed on this platform. Union Jack has bucked the trend and it surely cannot be that difficult to see that with success in the states and our main producer in the UK, thigs do look far more promising than our rivals/jv oartners etc.
Here come the rinse an repeat gang with their buys.
Guess we get our dividend though of 0.25p
Could set sp target to a more realistic 40p, we will not reach and maintain that, may get a spike in next 12m and see how many jump them. ME INCLUDED.
Salaries? Why do you misrepresent them? As bad as pboo. They had a one off payment in lieu of no pension payments or other entitlements usually afforded directors which will revert to previous levels. Stop lying and misleading. Your constant negativity is more than enough.
Lowest dividend ever of 0.25 pence Friday 26 July 2024
0.3 pence dividend 28 July 2023.
0.8 pence payment Date of Friday 16 December 2022.
As the most disaatisfied shareholder Heid, why don't you, in your right as a shareholder, attend and actually say something instead of bleating your perpetual negativity on here? You would actually get a voice that the board wouldnhear rather than having it ignored on a bulletin board? You could tell David to his face that he and Joseph o'Farrel they are too old and doddery to be running an oil company. You could tell an independent director and an independent advisor they must buy shares, maybe even demand they drop their salaries. Dare you x
Started: wiltshireman, 20 May 2024 18:16
Last post: Heid, 22 May 2024 14:15
Trying to find out useful comment and information. Like entering a childrens' playground
Last post: SuePud1, 22 May 2024 13:30
BOIL ...Mark this price down (Ask: 0.065) ... UJO sat in the same position, assets, debt free, just needs that nudge.. BOIL is loaded and just waiting for the overhang to clear DYOR please
Started: TheAimCasino, 22 May 2024 09:17
Last post: Pboo, 22 May 2024 12:05
CT5
Once again making excuses for the poor / misleading flow of information from DB.
It is very easy for him to be transparent without breaking RNS rules. He could have easily said what the % return was on the sale of the Royalties but chose not to.
Pboo/Ppoo/Poopee/Pooalot
what you have stated there is actually a statement in the mist of positivity 😂
Why would the Twitter account want the like of you and Heid decimating every post they make?
They put the latest images from the states up and regardless of what they are, it is showing progress and action.
So what if they are changing the pump, they clearly state it's an upgrade, somwho cares. They are being shown to be keeping on top of this super little well.
They declared the sale of the royalties, conformed they made a profit, that is what it is all about. Making a profit.
They stated quite clearly the payments were to David and Mr. O'farrel.
I think in most cases they have been extremely transoarent and where they may not have been in your eyes, one could reasonably assume it is information that cannot be released for a reason. Like the flow rates at present.
TAC / CT5/ ????
The trouble with all small AIM companies is they hide / bend the truth. UJO, UKOG, ANGS, REABOLD, ALBA, EUROPA etc etc.
UJO have had weeks to give an indication of the flow rate from Andrews-1-17. But they like the rest of them hide behind. The Well is cleaning up.
They show pictures of 3 large storage tanks but dont explain what they actually are and how many barrels they hold. Most presumed they were for oil. When actually the largest is for water / well waste.
Once again they have missed a trick re Wressle.
No explanation of why they need to replace / upgrade the Jet pump, that was only installed a few months ago.
They have not declared the actual % return from the Royalties they sold, just said a fair return. Was that 5% 10% 15% 20%.
A supposedly a one-off payment / increased salary to compensate for not having a company pension.
Did they make a one off payment to all staff to compensate for not having a company pension.
They have a Twitter X account but block anyone who makes the slightest criticism of how things are done by the company. They follow 128 people and approx 12 are chosen shareholders who are allowed to comment on posts and their ramping tweets are reposted by UJO. Everyone else is bared from commenting on their posts.
'they are being extremely pro-active in their efforts to bring the much needed shareholder value we all want to see.'
Yeah they award us the lowest dividend ever an give themselves a nice juicy bonus whilst the 'future remains bright' at now 10p below last year's AGM share price
TAC - i cant find much to disagree with what you have said. However, you miss the most important point.
When does the shareholder get his return?
Started: TheAimCasino, 22 May 2024 11:30
Last post: funstar49deluxe, 22 May 2024 11:52
That’s just what CT5 would say eh TAC / CJ / CT5!
Nothing you can write on here will convince otherwise. 😂
Please stop affiliating me with ChristineTaylor or anyone else. I only post as myself, I have no need to comment under any pseudonyms or different avatars. My opinions are well known, I don't need them repeated and neither do I need to waste my time posting as anyone else. Incidentally, my spelling and grammar is somewhat superior to those who are accused of being me (no offence). I made the choice a while back to step back from trying to defend my investment and that of others due to the constant negativity by a few who seem to be interested only in drowning out all positivity. Regardless of comment on here, the company will do what they intend and I feel more than confident they will succeed. Thank you.
Started: ChristineTaylor5, 22 May 2024 10:00
Last post: ChristineTaylor5, 22 May 2024 10:00
For all the complaining on here (mostly down to less than half a dozen who some are not even holders of this stock) there are few companies out there in this sector that can say they are profitable and debt free. There are also few that can state they have diversified into another country and in the space of a few months have a major share in a newly drilled, declared commercial, well.
In my opinion it is only a matter of time before the markets waken to these facts and the share price improves. Strong revenues are being gleaned from Wressle and today's upgrade to production facilities confirmation is further evidence of a continuing, long term, revenue generating asset.
Unlike many of Union Jack's peer companies, we are seeing progress on many fronts to compensate for the assets that remain in limbo. This management are not resting on their laurels, they are being extremely pro-active in their efforts to bring the much needed shareholder value we all want to see. I feel confident this will be achieved as the USA activity increases and revenues continue to grow.
2024 is like no previous period in the company's history and there is no apparent reason that I can see to continually slate the management. We could be all sat here with the likes of Steve Sanderson to moan and complain about. And his salary almost outweighs the whole of the Union Jack salaries combined whilst the company are producing and doing nothing.
Started: ChristineTaylor5, 22 May 2024 09:51
Last post: ChristineTaylor5, 22 May 2024 10:00
You certainly have a voice😂
Not a single buy showing today.
When will the board listen ?
I have a voice here as a shareholder.
Sounds to me like I am not the only disgruntled one from Roofer's post.
I care about the poor share price an nothing else.
Well done to the board this year ! An last year...
You have to spoil every good, positive post Heid. If you are trying to encourage nobody to bother posting here you are doing a super job. As someone said earlier, what a waste of time reading anything on here. You really are quite horrid why don't you start a new response post if you have something to say rather than drown anything positive out.
Started: Canchat, 22 May 2024 07:21
Last post: Canchat, 22 May 2024 07:21
Assuming that we make a little profit on our investment in the US, how do they calculate the company tax?
Knowledgeable answers only please?
CHAT.
Started: SuePud1, 21 May 2024 18:33
Last post: milnrowmug, 21 May 2024 21:47
I see what you say. Actually, look at the company, assets cash opportunities resources. Ignore the clowns posting here.
Honestly, if you a retail investor looking to see what UJO is all about, forget it, madhouse, this board is beyond help..
Started: ChristineTaylor5, 21 May 2024 17:49
Last post: ChristineTaylor5, 21 May 2024 18:40
If you say so Funfarts x
Not as incredible as you pretending to be some cougar with limited knowledge and some spare cash eh TAC / CJ / CT5 😂
Tag team 🤣🤣🤣, sounds like you are still in the school playground CT5.
The volume is low. The share price is poor. Leave it to you to wear the rose tinted glasses.
That Heid and Pboo have seemingly formed a tag team to jointly create negativity and endeavour to drown out positive sentiment. The constant drivel about salaries and age is getting very tedious and if anyone were to believe a bulletin board can have an adverse effect on the share price, they are damaging people's investments. Not very nice people at all.
Started: Pboo, 21 May 2024 11:54
Last post: Heid, 21 May 2024 17:53
Good, I will pray for you too as unless we hear of funding for West Newton there will be NO drill this year.
If you think we will drill four more wells this year in the USA then you really are naive.
As for the trading gang here, they must be rolling in it...along with the board's pay outs.
Leave you to try to drum up some business Christine...good luck !
I will pray every night for your 35p Heid 🙏
My responses are not worthless.
I do not blog on an agenda.
If this hits 35p we will sell or reduce our holdings substantially.
I spend many years singing the praises here an David knows that.
I expressed my concerns an was asked " Do you not trust David ? "
David is a very shrewd business man an him an Joe clearly go back many years.
I believed David's every word.
Make it up as you go along Pboo, nobody really gives a rats ar5e what you say any more than they do what I say. The only difference is that unlike you and Heid, I have a more of a genuine reason to be positive rather than you have to be negative. Have a pleasant evening both constructing your worthless responses xx
Started: TheAimCasino, 21 May 2024 08:47
Last post: ChristineTaylor5, 21 May 2024 15:49
Heid
Posts 25,000+ 😂 on UJO
RE: Heid and PbooToday 09:02
Shall leave TAC an Christine to man the board now as the company representatives imo.
Cheerio.
Missed you hunny, glad you're back so soon xx
Pboo, you say Aimcasino is making excuses? All I read is facts that excuse the level of profit which is quite different is it not? X
Is that the best you can do Heid, accusing me of being a compny representative? No, I represent my sharholding here just as you did for a few years before you became so disillusioned. The only difference is I am positive in my outlook for the future here whilst you are solely focused on salaries and age x
Shall leave TAC an Christine to man the board now as the company representatives imo.
Cheerio.
Just run over all of David's interviews whatever stage of this journey an he knows how to give it the sales patter chuckling away. Some are far wiser hence the lack of volume.
Started: SuePud1, 21 May 2024 08:56
Last post: SuePud1, 21 May 2024 11:53
Pboo sorry to hear you lost your life savings on UKOG already.
SuePud1
Another bragger🤣🤣🤣
Did you not say
see numerous news highlights/news announcements to come that will push the SP from 14p to 30,40,50p short term. You do the maths
A 65% Profit in the bank is better than delusions of grandeur.
Pboo hasn’t bought or sold any shares, he lost his life savings on UKOG already.
Pboo you dont read the past posts.... UJO helped pay for my brand-new Discover Sport HSE ... No disrespect Heid but buying in at 23p, you should have jumped in a few weeks ago at c14p, now the wise site back, buy on any dips and watch the comedy script on here.. Good luck none believers
Sat on the drive right now on a 23 plate, share on my Twitter feed, OEX also played a big part, so don't try to tell me in my dreams, l know how to make £££ & UJO once again will pay towards the next new toy along with BOIL
SuePud1
In your dreams
Profit in the bank is king, not wishful thinking profit.
It's the greedy one's that never make any money.
Started: AimDogs, 20 May 2024 19:37
Last post: AimDogs, 21 May 2024 09:16
TheAimCasino. Where did you get the information that the leaks were broker originated? As far as I remember UJO performed an internal investigation but the results were never released?
Anomalies to consider
2022 oil prices lot higher than 2023 due to Ukraine.
2023 Wressle shut down for new pump installation incurring lost production.
2023 Oil levy
Going into the US is not a free carry, but don't let that get in the way of your agender
How will they attract new investors with this kind of business accument ? Answer is they wont.
They sound to me like they are lining up their retirements an will sit back an say it was all a success.
Will it be ? Many have been sat here years !
Yesterday's accounts were quite something to digest an why David continues to throw money at Biscathorpe/North Kelsey an even Keddington is beyond me. The special award lump sums were a joke when I think the board have pocketed £500,000 over the last couple of years while long term holders have left an some stayed loyal with no rewards. Now we see that their salaries are sitting much higher with Craig's still to come. Our pot of dividend is nothing but a token gesture when some preach that every penny should be used for drilling.