PYX Resources: Achieving volume and diversification milestones. Watch the video here.
trading resumed and nothing else achieved
Some decent buying today
450k @ 9p
£40.50k !!
...... or both !
Love it
Some poor buggers sold in the 0.23’s
5 mins later .....
after hours @ 8.50
£63750
Well deserved !
Interesting first 2 trades of the day !
300K buy at 9.99
300K buy ar 9.95
105m sold Friday showing now.
Plenty of volume to soak any sells. well over 500m traded and its only lunch !
Ramping ??
I posted the RNS
I m a long term holder. UJO doesn’t need ramping !!
TIDMUJO
RNS Number : 4526F
Union Jack Oil PLC
15 July 2019
Market Abuse Regulation (MAR) Disclosure
Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement
15 July 2019
Union Jack Oil plc
("Union Jack" or the "Company")
Biscathorpe-2 Well Update
Union Jack Oil plc (AIM: UJO), a UK focused on-shore hydrocarbon production, development and exploration company notes the positive announcement made today by Egdon Resources plc ("Egdon"), in respect of the Biscathorpe-2 exploration well. Union Jack holds a 22% interest in PEDL253 containing the Biscathorpe Prospect. Egdon included the following statements:
Egdon Resources plc (AIM:EDR) is pleased to provide a positive update in respect of the Biscathorpe-2 exploration well drilled in Petroleum Exploration and Development Licence PEDL253, located in Lincolnshire, where Egdon holds a 35.8% interest.
The Biscathorpe-2 well is located within the proven hydrocarbon fairway of the Humber Basin, on trend with the Saltfleetby gasfield and the Keddington oilfield which produces oil from a Carboniferous Westphalian aged sandstone reservoir ("Westphalian") and which was the principal target in the Biscathorpe-2 well. The initial well results were reported on 20 February 2019. During drilling elevated gas readings were recorded from the Westphalian and below this over the total 157 metre Dinantian Limestone interval ("Dinantian") along with the presence of oil shows (pale white blue cut fluorescence) in both Westphalian and Dinantian cuttings samples. The Biscathorpe-2 well was suspended to allow the option for a future side-track to be made following the re-processing and re-mapping of up to 85 square kilometres of existing 3D seismic data.
Since reporting the initial well results, further detailed technical analyses of the data from the Biscathorpe-2 well have been undertaken, including an updated petrophysical evaluation by both Egdon and Union Jack's petrophysical consultants which focussed specifically on the Dinantian. These petrophysical analyses indicated hydrocarbon saturations of greater than 50% within the upper parts of the Dinantian.
Union Jack, Montrose Industries Limited, and Egdon Resources plc, also appointed independent geotechnical consultants, Applied Petroleum Technology (UK) Limited ("APT"), to perform a detailed geochemical analysis of drill cutting samples taken from 20 intervals in the Biscathorpe-2 well, comprising five from the Westphalian and 15 from the Dinantian. The objective of the APT analysis was to provide geochemical evidence for the presence of live hydrocarbons together with an estimate of the likely oil quality (the "APT Report").
The APT Report has confirmed the occurrence of hydrocarbons in the Westphalian and Dinantian cutting samples analysed from the Biscathorpe-2 well. The APT Report also con
I m quite liking the Benidorm idea Budge ;-)
1p Dubai
2p Vegas
The 1p party Mix?
There are people here with fairly decent holdings. I know several with over 100m shares and like myself they have been in UJO many years. I have recently just crossed the 100% profit threshold and its natural to consider de risking. I did it with SOU ( at the right time ) and at the right time I will do it with UJO.
For me that time isn't yet.
West Newton is a game changer and will transform the company, however, we have Biscathorpe and Wressle on the horizon. News could come on either anyday.
Total respect to anyone who has made profit and sells. Their money their choice and to make any profit on AIM is an achievement. Trust me i have had my fair share of dogs !!
So whatever your strategy, happy Friday and good luck.
For me i will hold and enjoy the ride as its set to continue for some time yet.
All 0.242 trades are buys
Anything under 0.24 are sells
350m traded
What a share, I ve waited 8 years for a UJO to come along thought I had it with SOU.
Happy Thursday folks
So much potential here
https://total-market-solutions.com/2019/07/09/where-next-for-sound-energy/
Strong buying
Plenty thought this would drop away today