Member Info for deemule

Oh cheers for answering Lenin JB and a good buy.

Lenin further to JB's answer they have not confirmed a date of payment we will hear later in 2023 when they have received the final payment from Shell, but 20% is not to be sniffed at IMHO.

Hi Lenin
Jimmy bob has answered for me.
Sorry didn't reply earlier was on the graveyard shift.

Incidentally i bought GKP the day they made their discovery sold most of them at around £1.50 should have waited until they hit £4, but day traded many of them so built up a tidy sum.
I still hold around 5k's worth, just left it there for a rainy day. ATB.

Just watched the cricket Sydney Thunder all out for 15. Lowest score ever in T20 amazing. Right off to work.

One of my mates bought quite a few yesterday.

No mate only 230,000 odd. I top up every month £500 & £200 when two of my pensions get paid.

Morning all just added a few, can't believe been able to pick em up for 21.66. The £4 million special payment will work out a few bob if people bought at these prices.

I would prefer them to get the SP a fair bit higher before a bid is made, but this MCAP is dangerous.

I am adding some on Friday before someone comes along with a cheeky bid.

Afternoon all

I have had a quick chat to a couple of guys on the DBRM thread, nice guys.

Really RBD did not put a foot wrong over in Cali and could have been produced a large profit before the merger ass we know it was the waste water disposal that caused the problems and ate into any profit.

At the time i could not understand why they had not drilled a waste water disposal well ASAP, but the guys explained that to obtain a permit for waste water takes an age,not so for an oil well drill . You would think in this economic climate they would be fast tracking this kind of red tape.

2-2 Then Deano.

Cardiff Blues did rather better in The European Challenge Cup 41-0 against Brive.

Also Daybreak only have two weeks to announce the drilling of three new wells this quarter which was promised.

If they don't it is a disgrace after the fundraising of $2,5 million and clearing of all their debts and added cashflow from RBD's production.

Parta will come good over the next 12-18 months.

Things have improved massively over there in the last two years, they will get EU grant/funding to develop the site all changed 18 months ago.

Plenty of news flow over the next 6-8 weeks before the main event. I am disappointed that none of the other management bought shares.

Dividend is nailed on, but i would prefer a share buyback.

Not into footie mate.
I am an ex-rugby player and fan,but i also love T20 and ODI cricket.

Mate i bought in at .82 saw them go up to 1.25 intraday a month later and held.

That hurt.

I have just averaged down each month over the last three years. Doh!

I am staying until the conclusion of W.N as i have been in over five years now and my average is now down to .34, but i agree with your sentiments.

There will be another one I have no doubt.

tax allowances as part of the Energy Profits Levy, has potential to transform exploration appetite in the UK North Sea by incentivising the oil and gas sector to reinvest profits that would otherwise be caught by the windfall tax instead in domestic exploration and extraction activities.

As such, providing further positive technical results and any drilling decision by the Joint Venture Partners to test Dunrobin, we see heightened potential for this asset to attract external farm-out interest and drive shareholder value. We look forward to updating shareholders further as the technical studies progress."

Morning all RNS from UPL below. We should have news shortly.
Upland Resources Limited (LSE)
LSE:UPL
Upland Resources Share News (UPL)

Upland Resources Limited Dunrobin Update
31/08/2022 9:30am
UK Regulatory (RNS & others)

Upland Resources (LSE:UPL)
RNS Number : 7424X
Upland Resources Limited
31(st) August 2022
Upland Resources
("Upland", or the "Company")

Dunrobin Update

Upland Resources Limited (LSE: UPL), the oil and gas company actively building a portfolio of attractive upstream assets is pleased to report the following on activities in the UK specifically the Dunrobin prospect within Licence P2478 in the Inner Moray Firth (the "Licence").

The holders of the Licence ("Joint Venture Partners" or the "JV") are Upland (32% working interest), Baron Oil plc (32% working interest), and Corallian Energy Limited ("Corallian") (36% working interest). Corallian are Licence Operator; Baron Oil plc has the role of technical overseer in relation to the Licence's remaining Phase A work commitments

Covering blocks 12/27c, 17/5, 18/1 and 18/2 in the Inner Moray Firth area of the North Sea, the Licence contains the Dunrobin prospect which consists of large shallow rotated fault blocks which are mapped mostly on 3D seismic data including candidate direct hydrocarbon indicators.

Regional and local petroleum systems are considered by the Joint Venture Partners to be proven. Well costs are expected to be modest as the prospect lies in shallow water of less than 100 metres and the total drilling depth of the well is prognosed to be approximately 660 metres. Dunrobin is evaluated to contain estimated gross mean prospective resources in the order of 100 MMbbl (a non-SPE PRMS Standard estimate).

Key Points

-- For UK Licence P2478, the 3D seismic reprocessing project and geochemical studies have been received and re-interpretation commenced on schedule in July. The revised evaluation of the prospectivity of the licence, including the Dunrobin prospect, is anticipated to be delivered during Q4 2022.
Technical Studies

3D seismic reprocessing and geochemical studies covering Dunrobin and other prospects within Licence P2478 in the Inner Moray Firth have been delivered with a significant uplift in data quality believed to have been achieved.

The interpretation of the revised data began on schedule in July 2022. An updated prospectivity evaluation is anticipated to be available during Q4 2022, which will provide sufficient time for the Joint Venture partners to consider options, potentially including engaging with prospective drilling and funding partners, ahead of the July 2023 'drill or drop' licence decision.

Upland Chairman Bolhassan Di commented:
"It is encouraging that technical studies by the Joint Venture Partners for this highly prospective area have confirmed and enhanced the JV's geological understanding of this potential large prospect.
We have also been encouraged by the UK Government's recent stance on energy

TonyB1
Yes, their communication with shareholders has to improve massively and agree with your other points at least they are dipping their hands in their pockets shame the rest of the board have not done the same, seems they are not onboard with shareholders.
I also believe a bid is inevitable now at these prices as a management takeover failed. We are pocket change to any interested parties.

Morning all Dunrobin waking up.