Member Info for Heid

...with today's buyback of 250,000 shares

Excellent !!

Well you have an umbilical cord to Winnifroth

Poor you !

Not really a shame.

Because...I have a very enquiring mind.

But feel free to filter me.

I can post as much as I like thankyou.

An then we have the nutters on the ADVFN board like Bonic dog an others who spend their time speaking about me an David.

Very sad individuals clearly with an agenda

I have never know someone like Pboo come across as so bitter an desperate to talk down a company.

Maybe he has turned into a Ruth supporter...who knows.

I remain bullish on oil.

H2 2023 especially.

Make sure you all listen to what Eric has to say later today.

i will be tweeting it.

Eric Nuttall @eri****tall

Has the multi-year oil bull market just come to a spectacular end? Can you simultaneously believe in a recession and a $90+/bbl oil price? Are oil stocks attractively valued at the current price? Find out tomorrow on @marketcall with
@AndrewBellBNN at 12ET.

https://twitter.com/eri****tall/status/1638899157703311360?s=20

Stick the Pennystones on it will flow that rate an beyond.

Gracious me Pboo, you are going to be here a long time getting yourself in a right old twist.

I am just gonna sit back an enjoy the journey.

As I tweeted earlier ...China are now opening their visas to all foreign tourists after 3 years

30% of Chinese had their passports expire out of a 1.4 million population during covid

These lags will play out, creating a physical tightness in #oil, as jet fuel demand increases

#OOTT Bullish

Annual accounts 2021

OPERATIONAL HIGHLIGHTS
• Oil revenues increased by over 1,000% during
2021
• Maiden gross profit on oil sales achieved
• Cash balances and near-term receivables of
£7,545,575 as at 9 May 2022
• The Company is currently funded for all
operational and contracted or planned CAPEX
costs, including any budgeted drilling activities
for at least the next 12 months
• Debt free
• Early settlement payment made to Calmar
LP in respect of deferred consideration on
acquisition of 25% interests in PEDL180 and
PEDL182, containing the Wressle development
• Company solicitors progressing legal work
on Capital Reduction to enable the Company
to execute a share-buy-back programme or
dividend payment. Appropriate resolutions
relating to this are included in the Notice of
Annual General Meeting for shareholders
to consider
FINANCIAL HIGHLIGHTS
• Successful proppant squeeze and coiled tubing
exercise at Wressle resulted in an instantaneous
flow rate of over 1,000 barrels of high-quality
oil per day ("bopd") being achieved with zero
water cut

• Wressle-1 pressure test analysis by ERCE
indicates potential flow rates of between
1,200 to 1,500 bopd are achievable

Full flow rate update from all partners, imo.

It will not disappoint.

Pboo,

I should imagine there is a nominal fee which wouldn't be much for the buy backs

They probably make a little by getting them a snippet cheaper too

Certainly not an overly costly exercise like you are making a big deal of.

Day to day movements do not bother me on my portfolio

I am here as an investment an the longterm.

Highly recommend post

I do not think it matters if I am a big shareholder or a small shareholder.

Everybody buys here what they can afford an happy with any profits they make.

We should all do our research an enjoy our journey here.

I see great things coming here.

Cash is King an Union Jack Oil is in a fantastic position.

I want more dividends next year.

I will get them.

I leave it to David to decide what is best for Union Jack Oil an us shareholders.

The buy backs could be used for an acquisition.

David will give us our dividends when he is ready.

I wish they were mine.

Heading for IRO of 6,000,000 buybacks over a 12 month period since they begun Oct 2022