Member Info for gregpeck7

Before another surge IMO. Catcher news tomorrow?

Just fell... bid up.. suspect a large buy just hit...

I suggest the early birds get in here.... The bid will soon move up with a couple of buys and then it will be off again.

Brent @ 75.. Wow... That said.. So the last RNS specifically states "The Company continues to progress its various operational and drilling programmes and is working towards pursuing its strategic plans for 2018, as announced on 14 November 2017" So lets look at all of these areas... Our plans for 2018 are as follows: Kolguev Island: - continue work overs and the installation of jack pumps with the aim of keeping production stable at approximately 1,000 bbls/day - assessment of a new programme of deviated wells and or fracking to increase production significantly from existing horizons, and in the case of success; - apply for additional licences on the Island, in order to take advantage of our unique position as the only operator with processing, tank farm availability and its own tanker terminals Sakhalin Island: - continue well work overs at Petrosakh, thus seeking to maintain production at approximately 1,200 bbls/day - upgrade refinery equipment to increase the yield and quality of products - obtain a marine terminal licence for the sale of bunker fuel to local ship operators - deploy newly acquired rig to drill three wells at our new South Dagi licence - workover two existing wells on South Dagi Komi Republic: - additional seismic interpretation for the two oil fields held by RK Oil and BVN Oil - following the cancelation of the first drilling contract at RK Oil, seek a partnership, ideally with a major oil service company to manage the development of the large proven and probable reserves, potentially coordinated with adjacent oil fields that have necessary infrastructure and transit connections So based on the last updates, all of these areas are moving forward, production is in line with expectations... Oil is now significantly higher than the last announcement. Our market cap is currently 10 million. You could triple that and this would not be expensive... 2200 - 2400 BOPD Dividend paying Circa 100m P2 reserves Own our own refinery High impact drill South Dagi, results imminent 2 x Tanker shipments per year, first one about to be made with oil at multiyear highs Paid 2$ premium to brent Directors have a large % holding in the company Very little free float Turned down takeover at circa 250p per share Currently 102.5P per share..... Based on the strength of oil and the fact an RNS could literally drop at anytime I think these could go on another run tomorrow, people are clearly now seeing the value here again and bottom fishing.. The herd most definitely have not arrived yet. Good luck all holders..

100p going to come very quickly here imo.

Looks to be heading to 75usd... just in time for the UEN tanker force.... 77 usd per barrel would be amazing price to realise.

Real spread more like 97 - 107.. MM's are trying to take some steam out.. Any more buying and the spread will quickly tighten up.. O/T Brent through 74 USD..... Thats 76 USD to UEN on the next tanker :D

Looks like the value hunters are out in full force today..... Still a fantastic entry point... Can see this heading over 120 this week as we move towards May.. GP

Good move... If we get some chunky 10k type buys I think the lid will come off here now.... Probably the biggest bargain in the O+G sector right now at these prices.

UEN not done one for a while... Is today that day? The buying is increasing here.... No surprise.... Defender good move, nice to get in before the newsflow starts... My view is Dagi being flow tested, there is no way its a duster... They would have got to 2,200 metres by now even with poor weather.. They must be testing the payzone.. I think they have form on this before announcing the well result and flow test together... 2 tanker shipments this year, oil at a record recent high.. Just need to know pricing details.. Will be very very good Production in line with mgmt expectations so 2,000 - 2400 bopd I would expect as the range... Divident payment or maybe an acquisition? Anti Russia rhetoric starting to cool off significantly. mkt cap 8 or 9 million Total bargain.

Took 762 more. The amount of news incoming next month is intense and the price is still utterly ridiculous.Yes

I think oil will hit 75 this week . Libya lost another 100,000 bopd this weekend and a coup in Saudi Arabia... also think we are very close to red now and that anyone rational should be piling in here now before it starts to land.

Agree.no way was this a toy drone. Not being reported bbc and sky I suspect they are trying to cover it up.

Oil going nuts Monday. Also pipeline jb Libya taken out by terrorists, another 100,000 bopd gone.

That would be most interesting if we did not need the fiance or the amount required had dropped again.. a few buys here Monday morning and I firmly believe this is back over a pound. Tbh what in earth is it doing under a pound anyway!

http://www.branduk.net/buy-urals-energy-uen-says-vectorvest-fundamentals-relative-timing-add-up-to-a-highly-attractive-oil-sector-play/

Thanks wide... So about 2 dollars extra.. So last year they announced the financing for the first export in April... So there could be news next week if we follow the same pattern.

Is the message sinking in... TBH though its a great time to buy, loads of news due.. We know production is meeting mgmt expectations (2,000 - 2,500 bopd) we know Dagi will come in very soon.. Hopefully a hit.. I strongly suspect it is .. I actually think they are flowing it now.... They should have made target depth some time ago IMO, if it was a duster I suspect we would know... 2 tanker shipments at what will be record recent prices, and eligibility for a dividend which could easily be better than last years... Plus I suspect they may be looking at some M+A or widening the drilling campaign... Whats the market cap again?!

Brent pushing 75 USD.... 78 for us if we were shipping now?! Crazy...

Agree, I think it is the politics that really rattled people, as that settles down confidence and investment will return.. Is there are better O+G value play than this on the LSE at the moment? I dont see one.