Member Info for affrm

Lemon Drizzle 👍🏼

3rd week of may next week. We should get some news surely. Really getting quite desperate for news now and a date or relisting on the market. But it's gotta come back with excellent operational updates that's the thing.

Maybe next week (hopefully)!

MrMag is it that that determines a change of name then?

I thought that was only affecting the part that they cannot raise a certain amount without SH approval?

How do you think the last vote affected the company? What is the way forward from here ?

So if I recall Richard mentioned that the Texas wells they wanted to bring into production could be ready by the back end of May so I assume Its all happening behind the scenes, well cleaning, prepping and running tests right now in Texas. In theory that would be next week or week after latest

Then we could be an operator and producing oil and gas. That would go down a treat with the market I'm sure. But it's in the bods hands and the chiefs hands to deliver now.

Imagine if they have had more Texas assets impairments reversed and we have multiple wells flowing plus other assets announced. That's the dream. Let's see what happens but hopefully not long left to go because this quiet period is a bit of a killer for morale and confidence.

Fair enough Casper, yeah I see what your saying and I do agree. No point in coming back without any concrete info or good news if they have some.

I guess it's a waiting game now (yes I know it's been long enough already) but what can we do buddy.

I hope your right Casper.

Do you think theyd be better off waiting until they had something good to come back with?

Hopefully not long but we need some really good news though. We need some oil production and this should fly. 50/50 JV as well. Could do well, maybe if they get it done asap and oil is flowing and multiple wells.

At the moment this waiting in limbo is a killer.

Ok Hepran so I guess we just have to wait then.

Hepran I thought we were able to come back by now. What were the reasons for this not coming back after the AGM? Was it to do with the shares that haven't been paid back yet or something else

Bobrad UKOG are a company that had opportunities they didn't take and the red tape down in Surrey and Sussex stopped them from drilling a lot of oil from the ground there

If the government had the balls to override the public and just drill for national independence then ukog and the nation would be enjoying profits and independent oil and gas ownership.

Whenever I doubt myself that I made a mistake here I always remind myself why have so many people fought like cat and dogs for a piece of PPP? You know the grand chief involved here for what reason? I doubt he would waste his time for a poxy few hundred quid a week. He obviously knows something that is not in the public domain - YET.

Infact Nobel mentioned over 30 wells have been operated and they have links.

There are clear corporate links between Pennpetro Energy Plc and Nobel Petroleum.

Based on Pennpetro’s own filings and investor documents:

Nobel Petroleum USA Inc. is a wholly owned operational subsidiary of Pennpetro Energy.

Nobel Petroleum LLC is also listed as part of the Pennpetro group structure.

Pennpetro itself was formerly called “Nobel Petroleum UK Limited” before changing its name to Pennpetro Energy Plc in 2021

Regulatory filings state that on 17 May 2017, Pennpetro acquired Nobel Petroleum UK Limited in a reverse merger arrangement.

So the relationship is not just an informal association , Nobel Petroleum entities are embedded within Pennpetro’s corporate structure and history.

Https://youtube.com/watch?v=LqDBw12_6R0&si=pQzB0okOjLz12yML

Come on then PPP!

Let's see 100m mcap be smashed here. What are we going to have, maybe a few oil wells all interlinked with one another. New Scandinavian technique is fishbone wells

That's how it can produce a lot of oil from one site.

MattK6

How do you know which way I voted? You don't so stop guessing and speculating. I know a bit more than you do but I won't go into that here.

Mattk6 - your village would not welcome you back, I can't see you having many friends. Lack of politeness and awareness and lack of empathy for others.

All you do is beg for this to come back but you never once offered advice or info or research to the group. In the early days I commited to researching everything about the assets, the JV, the land. Hence why I'm sure that this will be big if it's allowed to be.

20p plus imo and could be higher. One oil well used to equate to about £10m with around 400 barrels per day

Now oil is double. We could have more wells than ppl think.

We are just waiting on updates now, we just want that plus return to trading would be nice.

Morning Jules

Yeah I get your frustration tbh, everyone is pretty desperate for some good news and good updates now and hopefully the bod will provide these soon.

Mavriky has been there long enough in Texas to provide some sort of update UNLESS the delay is purely the oil well and getting all the equipment onsite and setup and starting oil well flows already but want to get some numbers in before updates? Perhaps they are looking at other prospects?

Zag, news soon, yes I keep expecting the damn stuff but it never comes!

Kong, your a real idiot bully boy that cannot have any discussion on this forum without online hate, online bullying and constant threats.

Why do you keep bringing Tom Evans up Kong? Your obsessed with him!

I know how corporate governance works but I'm saying I want news now! It has gone on for too long Kong, can you not get your thick skull around that? Also Kong you half wit, the 2p you keep bringing up your definitely a shorter. The company raised at 12p as well during suspension! So the average is 7p! With good operational news and low shares in circulation then this could well reach 20p, I've seen it happen a good few times before.

Zag still no news. It's concerning now.

Jules I hope you are right. We really need this to come back with a lot of positive news. There is So much money tied up in here