Member Info for Gwynwin

Is this the first step towards a very good year for all

Once they start to freeze that will change there minds

Wait and see results in two weeks on quartley returns deal in facts not hearsay or dribble

David a sir at end of year for taking a lowly company on shore oil projects to a world wide producer into a billion pound company cash coming out its ears.

Ok I see the 600 from nsta in January only so UJO take at forty % = 240 times three months 91 days due to fed only 29 days.

240 x 91 =21840 x 87 a barrel 1.9 million dollars not bad for a one horse pony as they say at present bigger things to come from the USA in the pipe line

I like it nothing like a dream to fulfil beats being on a downward doldrums

This worm is turning into a wonderful beast in full flight. Sky is the limit.

Hang on as the news breaks it will be a bucking bronco.

Say no more

Shore Capital said it was 'confidently maintaining' its 90p risked net asset valuation of shares in Union Jack Oil PLC (AIM:UJO) based on its debt-free balance sheet, shareholder-friendly distribution policy and strong cash generation and driven by its two key UK projects.

That's a significant premium to the current share price, which was changing hands for just over 14.1p.

Shore issued a short note following news that work is underway on Andrews-1-17, UJO's first well under its new venture in Oklahoma, USA.

Drilling is expected to reach a target depth of 5,200 feet in around ten days, followed by eight days of completion work.

The company, in a statement, highlighted that the well targets the Hunton Limestone, a reservoir known for its conducive position to oil migration due to its proximity to the oil-prone source rock, the Woodford Shale.

Shore called Andrews, operated by partner Reach Oil & Gas Company, as a potential further drilling catalyst.

This is all insider knowledge so remember what has been said and check this months RNS who will be onthe frame or miles out.

I am still in disbelieve that the ntsa can release any figures that DB cannot say about on the inter.net as it would break the laid down in the down in company’s rules they cannot revel anything only through a RNS so no investors are uninformed

One big Question how can th NTSA release figures that are not privi to the investors is that breaking all the rules. Forward planing ?…

Brokers 66 pence to 90 pence in 2024

Read and Weep you none believers.

https://www.proactiveinvestors.co.uk/LON:UJO/Union-Jack-Oil-PLC/

It seems that a lot of investors just do not read before they invest.

That the price con go down as well as up so before you put your money in.

That buying shares is only just better than Ladbrokes betting shop.

With shares if it goes you can sit it Might go back up or you sell at a loss

With Ladbrokes you bet and win or loss nothing in between.

Latest news 12 to 15 days as below

Union Jack Oil PLC - Bath-based UK- and US-focused oil and gas company - Says Andrews-1-17 well in

the West Bowlegs prospect, located in Seminole County, Oklahoma, has spudded. Union Jack Oil has a 45% working interest in the well. Says that the Andrews-1-17 well has a geological chance of success of 75%. Adds that it expects a 10-day drilling period to a depth of 5,200 feet for the well.

All forgetting Union Jack Oil PLC - Bath-based UK- and US-focused oil and gas company - Says Andrews-1-17 well in

the West Bowlegs prospect, located in Seminole County, Oklahoma, has spudded. Union Jack Oil has a 45% working interest in the well. Says that the Andrews-1-17 well has a geological chance of success of 75%. Adds that it expects a 10-day drilling period to a depth of 5,200 feet for the well.

We ll I believe this little punt I have on here has signs of recovery and the Irish have all the luck haha

Just a little teasing if as they say ujo only gets 125 barrels a day then that at 87 dollars a barrel 92 days

a million dollars in A quarter not bad for one well what about the next two Sky is the limit with 1 gusher in three or maybe two in three and wressle new output on top nothing going to stop us now.

Just the ticket start drilling April results released middle of April with the glow rates and wressle output can catch out the share shorters catch them out leaving the shorter short of shares

I am going to sayalouth I worked it out to be 1.9 mil + it could be 2.3 mil dollars around the 18 April only time will tell.