Member Info for Bebeto

"Al Jahraa 8 Development Well (post period end) encountered over 40m of net oil pay across three different reservoir units. Preliminary results indicate over 30m of net pay in the Upper and Lower Bahariya reservoirs, significantly above pre-drill expectations."

Last part of the last sentence says it's looking good.

Looking forward to seeing the well results, Brian knows it's looking good. Hopefully we'll be testing close to 4000 BOEPD by end of year.

Best not to look too far Infront regarding funding etc, that would all be ironed out if we actually get J/V partners. It's fair to assume that United won't be looking to be the operator as they aren't really structured to be and haven't got the manpower.

There's lots of assets that major's are looking to divest and United generating revenues and also making a cash pot from their own divestment combined with an "enviable relationship with BP". The future growth for UOG could take many lucrative paths.

Whatever happens next Jamaica isn't an upfront payment of $30m to $40m for a drill, that's just the grand total. We're generating cash flow all the time and have 1 possibly 2 more wells to add to the revenues.

BoD are following their strategy and will grow the company to Mid-Cap with better assets. Expecting multiple asset opportunities coming here.

There's absolutely nothing wrong with the company or how it's run and it should be trading in the 8p to 10p area currently.

The fall in shareprice lays at the door of all the sellers who loaded up sub 3p, there's just too many of them. Where everyone could have made a decent profit they've killed it for a small profit.

Results will be good no doubt, the people trading here have done a lot of damage, hopefully the market reaction will be good for everyone.

GingerHippo hopefully we can add upto 25% to them figures by the end of the year as we have more wells and work overs to add.

Whilst Levi/Ron whatever his name is gets the brunt for talking the company down there's also a lot holders/sellers heavily bought sub 3p Badger

It's not difficult to work out who is connected to who and what their agenda is as you only have to look at their post history to realise they've never actually said anything positive about the company.

It's such a shame that decent honest investors has to put up with the negative rubbish they promote..

But that's their agenda, to make decent honest investors sell down their positions so that they can buy cheaper to rinse the next lot down.

This company is growing, the production has increased, the revenues has increased the debt has decreased. This is a good company with a bright future.

Ha two avatars commentating both joined within last 5mnths, we all know who it is really .. you're pathetic Levi

Well if shareholders stick around long enough or go back into your history, they'll see you said the same things about this share at 1p and 500% higher at 6p then all the way back down to this range but it's the CEO's integrity we should be looking at.? I can see right through you and your many avatar's pall

Why even question the CEO's integrity when it's clearly shareholders selling and re-buying.?

Another successful drill with more revenues and more reserves coming our way.

https://www.griproom.com/fun/10-signs-your-stock-is-being-manipulated

Looks like a rollover but it bodes well that someone is expecting good news shortly.

To be concerned about your average means that you have finished buying and I'll be buying low and slow for the next 4yrs minimum.

Production has already increased 24% from last end of last year and that's where holders should be looking.

"it's difficult to see your investment down and no RNS" this comment makes you a prime candidate to sell and move on by being influenced by short term shareprice actions.

The bigger picture is the company is growing long term and you'll miss out.

The SP is being manipulated by certain individuals holding shares here. I'm a LTH and have been monitoring the situation.

Basically, if they wanted too they could drop the SP 20% to 30% and leave but they don't want to as they are preying on short term investors. Bringing the SP down just a bit every day and buying back in. Then going on BB's and talking about the manipulation talking the share down subtly.

Their goal is for to sell at a loss and for them to buy low sell high.
Easy to combat this just by not being influenced by short term price actions just buy accumulate and hold for the longer game.

The company itself is growing, it's production is increasing and so is it's profits whilst the debt is decreasing.

It would be a shame for decent shareholders to miss out on the eventual gains coming here.

Sellers are just toying with you , I knew they wouldn't break 4p yesterday and would have a go today. They buy back in because they don't want to get crowded out on news.