Member Info for Heid

i would prefer an acquisition to 'grow' the company to a mid tier please with all of the excess money Union Jack will be holding.

An end of year share holder meeting would be welcome please David.

The share price dropped on the Wressle Gaffney Cline report 13th Sept.Massive sell down an then played with CFD's

Traders have gone elsewhere, lets hope they didnt loose !

Personally I have held. Last buy in for me at 20p an banked my dividend. Each to their own strategy.

This company is defiantly undervalued with revenues increased as the C65s are now commissioned. Lots of testing being carried out over at Wressle. It will be interesting an exciting to learn what has been achieved. One thing is for sure Mark's team have done a fantastic job.

China opening up H2 2023 is the big story for oil as the global inventories draw down an supply tightens. Oil demand for middle classes is growing. India’s energy demand for travel is above covid an sentiment in the country is thriving with great optimism...booming in fact.

H2 2023 US$ 116 Oil per Amrita. This will translate to transformational income for my investment here.

Well you may not be but I certainly am.

I had a right good ole natter with the man from Shell about Eric an the oil price.

Passed 86 dollars...next stop 'Torquay is in Devon " 87

Ha !!! Best call ever. Georgeous .

Here's Eric....

https://twitter.com/eri****tall/status/1632743436628393987?s=20

BULLISH !

Of course dollar.

That is what we have been receiving all along .. dollar RNSs.

With flows currently rising, we may be seeing 2 million RNS increments.

Guess that won't make some happy either.

Well I for one want them to continue with the milestone RNSs an the Union Oil Twitter account.

Show me another oiler apart from Angus that has the same interaction on twitter. Reabold's gets right up my nose. They don't hashtag an it looks like it's run by a part time school child.

As for the one million RNSs we want to see them now more than ever with flows increasing at Wressle. I would be suspicious of anyone that said otherwise.

Bravo Union Jack Oil !

So you do not think $40M would be relevant considering our MCAP ?

I would make sure twitter knew about that amount in terms of the dividends we would be receiving an as Eric says.." the free widgets " over the decade for doing next to nothing !

Winnifrith is rotten to the (core) both in dental terms an his general blogging acumen.

Mortgages are rather different to appreciating the oil supply shortage that we are facing though, persimmon.

Treat it slowly , Pboo, like a woman.

You get best results

x

https://twitter.com/Heid_oil/status/1632420921087541248?s=20

Just done some quotes from Jeff Currie, Goldman Sachs.

His more bullish than bullish. The lord mayor of bullish land.

An I put a little David on my tweet bless his little cotton socks.

Yes Pboo.

Nice an steady. Then a bit faster, an out comes the liquid. Sounds very satisfying to me...

Burn off that gas an more oil can flow over a longer period of time.

'Easy' 1200 BOPD for me

Excited for the RNS's

1) Planners got a backlog. Fingers crossed for us not long
2)West Newton...drill towards end of year
3)Wressle ... C65's commissioned. Stable flow rates required before RNS'd
4) Buy backs...not easy for broker to execute... I am pleased we are slowly increasing 2M +
5) Multi year bull market for oil. Patience will reward

Hamilton Pete can climb on top.

Stig of the Dump.

Ha ...laters x

Reading the news, the west are backing Ukraine with military action an the situation appears to be very unstable. Sanctions will be ramped up threatening Russia. With this turbulence, Russia will weaponise oil as they weaken, as they did with gas.

Also, China is opening up an they could introduce a monetary stimulus, like in the US, which will be bullish oil an increase inflation….I say the Fed raises rates again an struggles to bring down inflation. Europes inflation is going higher too.

We will see Russia an Saudi, with the only spare capacity for oil. Opec have said they are keeping production steady this year an will not get involved with upsetting Russia with the Ukraine war.

Therefore I see oil price rising an going above US$ 100 H2 2023

Of course this will be great for oil producers an the free cash flow with be transformational.

I see tyres piled up an dumped

Maybe piles of cars will be buried with the wind turbine blades in farmers field ?!

All a joke to me.

I think we all know the challenges with EV's from battery storage capacity, mining the rare earth minerals, infrastructure an charging stations being put in place , the cost of EVs an may I add recycling all of our cars an the rubber tyres. Should be fun !

Interesting Eric Nut-tall always quotes oil production companies 'will become debt free' over the next year or so....we already are !