Member Info for elland

Well done RB1. Great entry price. Two more large buys also showing so others confident. Todays news was a significant addition to future no risk income. We are now trading at huge discount and more non ops to come on line in January. Unfortunately the market for Junior Oil companies on AIM is unforgiving at the moment but once we have news on progression with 36 and 16 this will turn quickly.

Following Monday 18th

I am guessing a positive RNS Thursday, a day CH has historically preferred, or following

It’s frustrating at the moment but this can change quickly with some positive news before long on Paradox. In meantime Slawson first month production figures due end of the month or very early December

I did too Chain. Replied quickly as always. 16 - 2 early production possibility still in discussion with the Team. He is very pleased with non ops performance.

Despite last RNS not giving 2 week production info on Slawson, disappointing the markets expectations, month end should see positive Slawson update. Company currently valued on non ops income only. No credit for Paradox potential. Annual gross income virtually equals current market cap. This will re rate hugely once we start 16 - 2 production early 2024 and again 36 - 2 late second quarter. That will attract investment and I expect farm out mid to late next year. I am well down but staying firm until real value achieved. Good luck all

Strong support from someone. RNS due Wed or Thurs with upto date non ops production and to include first 2 week figures from Slawson.

So my buy is down as “unknown” and if we assume all the others are buys as yours is Old1, why is the share down 3%. MMs playing games or trying to bring down price for pending large buy ?

All afternoon trades are buys I think. Just bought a load more at 2.90p.

Strong earnings projection fro non ops with Slawson adding value. Which pays for development of our main source of future income without the need to dilute. What’s no to like. At this price a bargain. Don’t forget it was 7p plus without Slawson and the insurance will pay for the re drill of 36.

See my post of mid August after email from CH. I think that we may see 16- 2 producing sooner that people think

Hi Northern. I think that the shareholders will be given additional details since the last RNS about the prospect of 16 - 2 production before the obvious delays to 36 - 2. I can’t make the webinar but I am sure the question will be asked. Still bullish here for a great 2024 albeit much later than we all expected.

And I have been saying it for years too Tom. We were wrong about the timing. The 36 - 2 incident couldn’t be predicted. But our Williston assets are supporting the development of Paradox so the outcome is just another delay. Detractors should get over it. I think that CH will now focus on 16- 2 which I accept should have been a priority before now. In the meantime Slawson will be producing before year end. I am circa 30% down on a sizeable portfolio and would much rather be up but this is the O & G industry and we know the risks. I will now buy to take advantage of weakness. GLA.

I am guessing an updated RNS perhaps as early as Monday. Looks to me like some news has leaked Northern

Good post V111JAS. I was disappointed with Fridays RNS as we all were, but the good stuff is still in the ground and it looks like there is a lot of it. Traders had fun last week but the reality is that this will eventually come good and perhaps, hugely. I would estimate that the non ops potential will also be evident once new fields are in play. Still positive here

Most are buys today including my top up of £6k. Expecting good news Friday and a positive last quarter

Thanks Malbrad. 16-2 has been ignored in recent RNSs and CH was quick to respond to my query. Contrary to some on here, I am optimistic that both 16 and 32 will produce during latter part of last quarter. Read Malcys Blog today quoting “ huge upside” and I agree. Share price should multi bag from here. I am adding when affordable.

Overall positive RNS but quiet on 16-2 so I emailed ZEPH. Just received update from CH re 16-2 confirming expectation of last quarter for remaining gas infrastructure to be completed and Dominion capable of accepting gas volumes. He hopes once these issues resolved that over 1100 boe/d can be achieved

Hi Guys. It’s so close and those who are down, including me, but have had faith in CH and his team, will soon be well rewarded. To Those who have bought recently, well done

Great posts Senata 1. I also think the value of the non ops is ignored here irrespective of the Paradox potential