Member Info for Bebeto

Well done guys, you're in a good company low risk with massive growth potential.

There won't be many investors who holds all the way to Mid-Cap here so therefore there won't be many making life changing money. For massive returns Buy Hold Accumulate is the best strategy here.

Originally I had a 5yr plan to get to 40p here. The broker notes 28p just keep increasing with every successful drill (around 2p) they have 35 drill targets with the potential for 50+ once they get further down the list of 35 with more understanding of the acreage drilling development wells.

From last night's presentation, it's clear that even with the massive organic growth predicted in Egypt, United are going to expand with further much larger assets in the future. The BoD of United has the Tullow pedigree that does suggest that they are following a clear plan of expansion to becoming a Tullow-esc Mid-Cap Company.

I believe that opportunities like this share is rare and I'm going to hold & increase all the way to Mid-Cap no matter how long that takes.

https://youtu.be/eyPksoILpxo

Love to see people showing their calculations well done. ;)

My calculations is we're going to become a mid-cap company and I'm holding all the way as my first shareprice target is 40p here , stick around and you'll see

I predict the shareprice will actually go a lot higher in the period well after the RTO and perhaps these wild predictions could become reality in time.

United on first

https://youtu.be/eyPksoILpxo

$70 bbl would give United $100k per day.

Also you'll know the story of TLW how it started from nothing to a mid-cap company, well the majority of UOG BoD are part of that story. They havean online investor presentation tonight and it's well worth joining.

https://twitter.com/UOGPLC/status/1369913480665427970?s=19

You haven't missed the boat at all, we have 3 successful drills in Egypt and it's totally self funding our drilling campaign now and future. Currently drilling one and next drill (development well) straight after, they have 35 drill targets to date but by the time the get through that list expect it to be over 50 targets.

No point taking profits now I'm just accumulating as much as I can probably for the next 5yrs.

We're currently re-rating the shareprice and we're also in an uptrend and a successful drilling roll. The stars are starting to align for United with the next successful drill the broker notes will be in the thirties but we don't want to give you that. 40p my target price in 5yrs

Sorry guys I can see it now lol I'm expecting good news coming here

That's very interesting, they removed my comment.! Must have been close.?

Yeah suspect TR-1 coming in and maybe some big news too.

Half expecting TR-1 to come soon. United has been kept down too long I'm still holding for 40p which Egypt alone should deliver in time but is there news from Jamaica coming.?

I suspect there's a behind the scenes buyer moving in and the resident day trader is getting caught out again.

5p today will be attacked

Re-rate is on to 6-7p area

Can only see the drilling expanding in the current climate.

The market is full of people taking 5 to 10% profits but to make truly life changing money then it's all about seeing the story through.

Usually investors buy in for 1 Drill but in today's RNS it says that immediately after this drill they are going straight in for a 2nd drill. Which naturally reduces the risk further having two drills with the 2nd drill being a lower risk development well also.

Knowing that the contract for the EDC-50 rig has also the space for additional 2 drills put into the current campaign, careful reading from the statement below also confirms the extra 2 drills are on the table.

"The improving oil price environment of recent months has significantly enhanced operational cashflows and improved the economics of additional development wells so it is also very pleasing to have confirmation of the drilling of the AJ-8 development well immediately after completion of ASD-1X."