Member Info for Danno01

I was a victim of that guy's 'influence' in the past. The fact that he is on board here makes me think that it might be time to invest.

DLA

Danno

Ex fracking well converted to Geothermal.

Might help get the message out there!!

GLA

Danno

Https://www.telegraph.co.uk/business/2025/01/10/why-are-britains-gas-reserves-running-low-explainer/

You are a fine one to be bleating on about share price. £ by Christmas!

Now all you do is snipe. There is a massive agenda hear and the price is getting suffocated. That is not helped by the constant negative intentions on boards like this.

If you don't like then Chuff off and find an investment you do!

But please play an even hand.

What is pleasing?

Its profitable, no debt, and a company looking to expand.

Should they just sit on their hands and let the Southern Nimby's walk all over them?

No, at least they are looking to expand and grow. If that is not what you are after, then then AIM is not the place to be.

GLA

Danno

It will be updated by the next set of results.

The only thing that has not happened is Wressle.

But when it does..............

Wressle Competent Person's Report upgrades recoverable Reserves by 263%

Unaudited Results for the Six Months Ended 30 June 2024

Union Jack Oil plc (AIM: UJO and OTCQB: UJOGF), a USA and UK focused onshore oil and gas production, development and exploration company, is pleased to announce its unaudited results for the Half Year ended 30 June 2024.

FINANCIAL AND OPERATIONAL HIGHLIGHTS

• Net profit of £788,996 (2023: £572,263)

• Gross profit of £1,338,776 (2023: £1,608,973)

• Basic earnings per share 0.74 pence (2023: 0.52 pence)

• Oil revenues £2,338,710 (2023: £3,584,866)

• The Company continues to be debt free

• Post Balance Sheet date, a dividend of 0.25 pence per ordinary share was paid during July 2024

• Positive set of results confirms the Company is in a strong position with revenues and profitability being delivered from the UK and USA

• Wressle Competent Person's Report upgrades recoverable Reserves by 263%

· Planning consent received from North Lincolnshire Council ("NLC") for the further development of Wressle

· Acquired a balanced portfolio of USA Mineral Royalties for approximately US$1,000,000 generating a 20%+ return on capital invested to date

· Successful early drilling campaign with Oklahoma, USA based, Reach Oil & Gas Company Inc ("Reach"), resulting in the discovery of the Andrews field

· Acquisition of a 45% interest in the Rogers secondary recovery project

· Moccasin, Taylor and Diana-1 wells planned to be drilled during Q4 2024

· Share trading facility obtained on the OTCQB Venture Market in the USA

China bans export of critical minerals to US as trade tensions escalate - https://www.reuters.com/markets/commodities/china-bans-exports-gallium-germanium-antimony-us-2024-12-03/?utm_source=Sailthru&utm_medium=Newsletter&utm_campaign=Power-Up&utm_term=121224&lctg=6151ba10416949643775968f

EU looks to geothermal in drive for energy security, document shows - https://www.reuters.com/business/energy/eu-looks-geothermal-drive-energy-security-document-shows-2024-12-09/?utm_source=Sailthru&utm_medium=Newsletter&utm_campaign=Power-Up&utm_term=120924&lctg=6151ba10416949643775968f

Indian tycoon Adani's US indictment rattles stocks, Kenya spikes deal - https://www.reuters.com/business/energy/indias-adani-green-energy-withdraws-planned-dollar-bond-sale-sources-say-2024-11-21/?utm_source=Sailthru&utm_medium=Newsletter&utm_campaign=Power-Up&utm_term=112124&lctg=6151ba10416949643775968f

India's Adani Power has continued to reduce electricity to neighbor Bangladesh as it seeks to recover more than $800 million in dues. This month, supply has been cut to 700-750 megawatts from around 1,400-1,500 MW in early August.

Bangladesh fast tracks payment to Adani Power after supply cut - https://www.reuters.com/business/energy/bangladesh-fast-tracks-payment-adani-power-after-supply-cut-2024-11-04/

20%+ returns from USA projects so far.

Debt free.

More to come from UK assets.

You are never out of the woods with an oiler, but this is looking quite healthy to me.

GLA

Danno

Harbour Energy joins North Sea producers' retreat ahead of tax hikes - https://www.reuters.com/business/energy/harbour-energy-joins-north-sea-producers-retreat-ahead-tax-hikes-2024-10-23/

OR,

Could it be that 'No news is Good News?'

Profitable.

Debt Free.

Dividend paying.

Reserve upgrade by over 250%.

Is it all lies???

What am I missing??

Why does the price keep tanking???

GLA

Danno

FINANCIAL AND OPERATIONAL HIGHLIGHTS

• Net profit of £788,996 (2023: £572,263)

• Gross profit of £1,338,776 (2023: £1,608,973)

• Basic earnings per share 0.74 pence (2023: 0.52 pence)

• Oil revenues £2,338,710 (2023: £3,584,866)

• The Company continues to be debt free

• Post Balance Sheet date, a dividend of 0.25 pence per ordinary share was paid during July 2024

• Positive set of results confirms the Company is in a strong position with revenues and profitability being delivered from the UK and USA

• Wressle Competent Person's Report upgrades recoverable Reserves by 263%

· Acquired a balanced portfolio of USA Mineral Royalties for approximately US$1,000,000 generating a 20%+ return on capital invested to date

· Successful early drilling campaign with Oklahoma, USA based, Reach Oil & Gas Company Inc ("Reach"), resulting in the discovery of the Andrews field

· Acquisition of a 45% interest in the Rogers secondary recovery project

· Moccasin, Taylor and Diana-1 wells planned to be drilled during Q4 2024

· Share trading facility obtained on the OTCQB Venture Market in the USA

Just read the Reuters article. It looks like it will be difficult to get out of the deal with Adani. However, much as it would be preferable that Phulbari be mined and used in Bangladesh, as a way of offsetting costs, why not mine it and sell it abroad!

It is still a very valuable asset which ever way you cut the cake.

GLA

Danno

Https://c4xdiscovery.com/patientseek-identifies-a-genetic-signature-that-separates-a4b7-integrin-therapy-responder-and-non-responder-populations-in-inflammatory-bowel-disease/

@MaverickD

Only a few WEEKS ago, there was the prospect of real upside gains.

Not now. Not any time soon 😔

ENOG announced their little bit of news at 07:00.

I very much doubt that they had told CHAR that they were going to do this as CHAR did not get theirs out until 07:21.

ENOG turning the screw for a cheap takeover???