Member Info for biglad0001

0.75 paid happy Friday

back up we go 0.70 ask

106m traded

nearly 100m traded

1.5m buyer on the go

happy Friday

79m traded in Auction

If its nothing they ll have to issue a RNS ........ we know no reason blah blah

nothing to see here honest.........

RNS watch

Make that 34%

She’s leaky alright

Just the 21.8% up now

9% up and a bit of volume today

So we get our original investment returned within 12 months then £10K per month income ongoing

Union Jack Oil (LSE:UJO)
Intraday Stock Chart

Monday 15 March 2021
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TIDMUJO

RNS Number : 1768S

Union Jack Oil PLC

15 March 2021

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 March 2021

Union Jack Oil plc

("Union Jack" or the "Company")

Purchase of a Royalty Interest in the Claymore, Piper and Scapa North Sea Oilfields

Union Jack Oil plc (AIM: UJO), a UK focused, onshore hydrocarbon production, development and exploration company is pleased to announce the purchase from Cambridge Petroleum Royalties Limited ("CPRL") of a 2.5% cash generating royalty interest ("Acquired Interest") that is part of the royalty unit over 20% of the revenues from oil and gas production from the Claymore, Piper and Scapa oilfields located in the Central North Sea, known collectively as the Claymore and Piper Complex (the "Royalty") for a total consideration, including working capital adjustments, of US$130,000 (GBP93,730) and paid from the Company's existing cash balance.

Highlights

-- An attractive, cash generating and high yielding investment, consistent with Union Jack's wider strategy and objectives to invest in the UK oil and gas sector

-- Offers superior financial returns from North Sea oil and gas production
-- Generates a compelling estimated Internal Rate of Return ("IRR") of approximately 129%
-- Cash generating investment with an estimated average annual compound yield estimated at 16.5% over the life of the Royalty, superior to high street banks, other fixed interest, or treasury investment alternatives

-- Payback, including accrued royalty payments of the original investment, is estimated to be less than 12 months

-- The Company benefits from an indirect contractual exposure to North Sea offshore oil and gas production revenues without any ongoing capital investment, decommissioning and joint venture operating costs

-- Represents the first such royalty investment in the Claymore and Piper Complex by Union Jack with further transactions planned for 2021 and where a second, material transaction is at an advanced stage

David Bramhill, Executive Chairman of Union Jack Oil commented: "This compelling investment in a cash generating royalty over the Claymore and Piper Complex's oil and gas revenues, plays strongly to the Company's technical and analytical strengths in oil and gas and represents a low-risk entry strategy to the North Sea while generating superior investment returns.

"The Royalty provides Union Jack with the benefits of an attractive cash flow stream and high yields from North Sea oil and gas production without the accompanying capital and operating costs associated with direct participation in the underlying oil field developments and infrastru

Anyone manage to catch it ?

That’s £42k !

And still the SP rises

Hopefully the placing shares went into sticky hands

RNS Number : 7122R

Aminex PLC

10 March 2021

10 March 2021

Aminex plc

("Aminex" or "the Company")

Ruvuma Operations Update

Aminex provides the following operational update on activities in the Ruvuma PSA, onshore Tanzania.

As announced previously, the Company has completed the Farm-Out agreement with ARA Petroleum Tanzania Limited ("APT") which has assumed Operatorship of the Ruvuma PSA. Under the Farm-Out agreement, Aminex is carried for its share of the associated field development costs up to US$35 million, equivalent to gross development expenditure of US$140 million.

The joint venture partners agree that the acquisition of a high-resolution 3D seismic survey is of primary importance for the preparation of the Field Development Plan. The new seismic will also deliver information that will be helpful in the final planning of the Chikumbi-1 well and the location of any subsequent development wells. APT has presented both the joint venture partners and the Tanzania Petroleum Development Corporation with a revised schedule showing seismic acquisition taking place over 480 km(2) during the second and third quarter of 2021 with processing being completed thereafter. APT is in the process of awarding the initial contracts for the new high-resolution 3D seismic.

The Chikumbi-1 well is planned to spud in early 2022 with mobilisation of the rig and other services planned for the second half of 2021. The Chikumbi-1 well has been designed to reach a total depth of 3,485 metres targeting both the proven Cretaceous gas reservoir and a deeper Jurassic exploration prospect. Assuming a successful outcome with the forthcoming Chikumbi-1 well, first gas from the project is anticipated to occur in September 2024.

Charles Santos, Executive Chairman, of Aminex commented:

"The Aminex Board is delighted that activity on the ground in Tanzania is finally taking concrete form and moving us closer to establishing the Field Development Plan whilst enabling the final planning of the Chikumbi-1 well and assist with the location of subsequent wells."

Expected more of a drop here today

Prospex Energy PLC

09 March 2021

Prospex Energy PLC / Index: AIM / Epic: PXEN / Sector: Oil and Gas

Prospex Energy PLC ('Prospex' or the 'Company')

Investor Call

Prospex Energy PLC, the AIM quoted investment company focused on European gas and power projects, is pleased to announce that its CEO, Edward Dawson, and Exploration Manager, Carlos Venturini, will provide a live investor presentation via the Investor Meet Company platform on Friday 12 March 2021 at 9.30am GMT.

The presentation is open to all existing and potential shareholders. Questions can be submitted pre-event via your Investor Meet Company dashboard up until 9am the day before the meeting or at any time during the live presentation.

Investors can sign up to Investor Meet Company for free and add to meet Prospex Energy PLC via this link https://www.investormeetcompany.com/prospex-energy-plc/register-investor

Investors who already follow Prospex on the Investor Meet Company platform will automatically be invited.

RNS Number : 5554R

Prospex Energy PLC

09 March 2021

Prospex Energy PLC / Index: AIM / Epic: PXEN / Sector: Oil and Gas

Prospex Energy PLC ('Prospex' or the 'Company')

Placing to Raise GBP750,000

Prospex Energy PLC, the AIM quoted investment company focused on European gas and power projects, is pleased to announce that it has raised GBP750,000 gross via a placing of 50,000,000 new ordinary shares of GBP0.001 each in the Company ('Ordinary Shares') (the 'Placing Shares') at a price of 1.5 pence per Placing Share (the 'Placing Price') (the 'Placing').

Warrants will also be issued to Placing subscribers, on the basis of one warrant per two Placing Shares subscribed for, with an exercise price of 3p (the 'Warrants'), and a term of two years from Admission. The Placing was undertaken with new and existing investors as well as a Director of the Company who is acquiring Placing Shares with an aggregate value of GBP30,000.

Use of Proceeds

The net proceeds of the Placing will primarily be used to fund planned programmes at the El Romeral integrated gas production and power station operation in southern Spain ('El Romeral'), and the Podere Gallina licence onshore Italy where first gas at the Selva field is expected to commence later in 2021, subject to the granting of a production concession. The balance of the net proceeds will be used for general working capital purposes, including the evaluation of new business opportunities.

El Romeral

As announced on 1 March 2021, the acquisition of El Romeral by Tarba Energia ('Tarba') in which Prospex owns a 49.9% interest in Tarba B shares, completed on 28 February 2021. A proportion of the proceeds raised will go towards supporting operations during the post transition period at El Romeral, which includes three producing wells that supply gas, through its own network, to a 100% project-owned 8.1 MW power station.

In addition, the proceeds will help fund a further evaluation, and permit supporting studies, of already identified opportunities to increase gas production and electricity generation at El Romeral's power plant towards its nameplate capacity from the current 22% level. These opportunities include development locations and very-low risk prospects (where there is a chance of success of over 70%) which have been assigned gross contingent and prospective gas resources of 5Bcf and 90Bcf respectively, as well as the potential to undertake workovers on existing wells to enhance recovery rates. Historically, the power station at El Romeral regularly produced c. 60,000 Mwh per annum when gas was not a limiting factor.

Podere Gallina

With formal technical environmental approval from the Italian Environment Ministry in place, the development of the Selva Malvezzi Gas-Field ('Selva') in northern Italy, in which Prospex holds a 17% interest, is awaiting final sign off by ministerial decree, the issuing of the required INTESA (intergovernmental agreement) and the final grant o

01/03/2021 7:00am
UK Regulatory (RNS & others)

Prospex Oil And Gas (LSE:PXOG)
Intraday Stock Chart

Monday 1 March 2021
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TIDMPXEN

RNS Number : 6048Q

Prospex Energy PLC

01 March 2021

Prospex Energy PLC / Index: AIM / Epic: PXEN / Sector: Oil and Gas

Prospex Energy PLC ('Prospex' or the 'Company')

Completion of Acquisition of El Romeral Gas & Power Project in Spain

Highlights

-- Completion of acquisition of a 49.9% interest in El Romeral gas and power operation in Spain - includes three producing wells and 8.1 MW power station

-- Significant potential to increase gas production and electricity generation at El Romeral
-- El Romeral complements existing portfolio of onshore European gas projects which includes Selva field in Italy where first gas is expected in 2021

Prospex Energy PLC, the AIM quoted investment company focused on European gas and power projects, is pleased to announce the completion of the acquisition (the 'Acquisition') of a 49.9% interest in El Romeral, an integrated gas production and power station operation in southern Spain ('El Romeral' or the 'Project'). El Romeral, which includes three producing wells that supply gas, through its own network, to a 100% project-owned 8.1 MW power station, has been acquired by Tarba Energia ('Tarba'). Prospex owns a 49.9% interest in Tarba B shares with its partner Warrego Energy Limited owning the balance.

Following the completion of the Acquisition, Tarba has assumed the day-to-day management and control of the Project and will look to implement a number of short-term operational enhancements and efficiencies.

The medium-term target at El Romeral is to increase on site gas production and, in turn, electricity generation at the Project's power plant towards its nameplate capacity from the current 22% level. Historically, the power station at El Romeral regularly produced c. 60,000 Mwh per annum when gas was not a limiting factor. In the medium to long-term, Tarba expects on site gas production can be increased via the drilling of new wells targeting already identified development locations and very-low risk prospects which have been assigned gross contingent and prospective gas resources of 5billion cubic feet ('Bcf') and 90Bcf, respectively. Tarba will also carry out a review of existing wells to evaluate the potential to enhance production rates via workovers.

Prospex non-executive Chairman, Bill Smith, said, "El Romeral adds to our portfolio three producing gas wells and an operating, but underutilised, 8.1 MW power station, which cost EUR10 million to construct. For a net consideration of EUR375,000, the Acquisition, in our view, represents excellent value. El Romeral however was not just acquired for the value on offer but also for the potential to add value. Specifically, increasing operations at the power plant to 100% capacity from the current 22% level could generate annual revenues

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