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I wish RBD people would clear of on to te RBD chat board UJO as only 16% of whatever is there not worth a light at present.
UJO at Wressle has a 40% of mean 2500 million barrels of oil at that rate when it is recovered UJO will have a earnings of 60 billion dollars on the bank and we should get a nice little divi no matter how many years it takes to get out.
So as we progress in out put every barrel will count to a nice balance sheet.
Yes I agree Paul1deano the taxes are a green useless tax the world keeps evolving and nothing anyone can do will change the outcome we are pis##### against the wind no one can explain when they say this was the hottest year since 1944 so what caused it in 1944. just the mad greeie cult making the poor poorer.
Hydras we can wait there is more in UJO and no offers on the table just a load of bad investors here wait for something for nothing.
The constant bickering and deflationary guff from here has ruined this share not the company’s
Rome was not build in a day and then oil is not a popular thing with he share holders expecting a magic wand on the jobs that have be be done no wonder we are suffering.
I knew it would not be enough for some but there is better news toco e when the gas is pumped into the nearest pipe or grid line then the higher production can come with more money into the coffer's.
All takes time to get it into the plan lots of hurdles to climb.
It looks like the price of shares are driven on fear of this that and anyone sneeze in Timbuktu And we got drop like a stone.
And what has it got to do with Americans lloyds runs a mortgage company here in the UK and we are bowling along OK not bad and could be better.
I say no more cheap mortgages then there will be no shock bills to repay.
Yes Blair took us into a war on lies Brown sold our gold cheap and signed a eu treaty while not elected and now we learn kier has helped prosecuted 11 postmaster at sub post offices that should never happened. And yet there will be people vote for him and his cronies We would be better of with Boris he only had a drink with work colleagues and got run out by the press
Got that wrong worthabout 50 million dollars to UJO see below
Evidence from reprocessed 3-D seismic for a thickened Basal Westphalian Sandstone reservoir interval is apparent and supports that the Dinantian Carbonate oil play has Gross Mean Stock Tank Oil Initially in Place (“STOIIP”) of 24.3 million barrels of oil (“mmbo”) with an upside of case of 36 mmbo, with gross mean Prospective Resources associated with the Westphalian target total 3.95 mmbo with an upside case of 6.69 mmbo.
OK WN let it roll DAVID PUT PRESSURE ON HEYCO TO START THE DRILLING ON BISCATHORPE .
If WN comes off we are still in but let it go for now and complete Biscathorpe
S### or bust let’s get n with it what is the use of having a drill licence if we are not using it.
Ujo has a bigger better fish to fry in Biscathorpe 50% or more RBD 16% at todays price 1.8 million pounds peanuts out of the earnings on Wressle.
Get Biscathorpe drilled and running and keep or sell RBD no great loss move on the better things with Biscathorpe.
Sorry not very clear but there was other licensing on minerals in the ground that EDL relinquished in favour of the coal so there maybe or could be revived but of course we cannot see the EDL RNS s anymore to se what they give up in favour