Member Info for Heid

Heid @Heid_oil

#RBD @ReaboldPLC #UJO @UnionJackOilplc


Pay attention, West Newton & Simwell licenses in Zechstein trend (Shell own 70% ) being used to optimise & progress both Simwell & West Newton by sharing their data

Shell are already piggy backing West Newton

https://twitter.com/Heid_oil/status/1613914957778649088?s=20&t=t7nBZ1kWNqurmgwoLvI6cA

That was very funny.

For me the most important factor to concentrate on is falling inventories.

Down an down she goes just like the Titanic.

Oh an if I am right ...what a result that will be my little oil an gas guru, for the Heid Oil.

My take is absolutely the opposite.

'Demand may fall next year as recessionary fears grow, Peel Hunt predicting the price of Brent crude will fall from $90, to $80 and then $65 through 2023-25. And competing renewables are getting ever more efficient and cheaper: the IEA estimates renewable capacity will increase by almost 75pc by 2027 – much faster than it had previously forecast.'

What a strange article this one is ...

Me an Eric were early with our calls.

I cant be perfect all of the time.

Must get on now as I am going climbing tomorrow Pboo.

Practise my knots an shine my equipment.

Laters.

I think OPEC did a great job last year, especially as they are close to China.

I see really strong demand from China.

Q2 2023 will be very strong.

Gonna hit 85 $ today by looks of it

Remember also the traders are back from Christmas now after banking their big profits in 2022 early on.

No not rubbish, Pboo.

I am right.

Waitrose due so musn't keep yapping...

Think of the dividends we will be up for on that amount of revenues in 2024.

I say four for starters.

I'd take that any day.

Ciao Pboo. Go clean ya camper van for an hour.

650 BOPD to UJO projected by EOG end of 2023 will equate to enviable revenues to our peers.

An to think we scooped 40% of Wressle...kerching..smart move that was David.

Swings in oil due to volatility with China lockdown, inflationary pressures, talk of recessions.

I think you would need one massive global recession to kill oil price an demand.

You will still see swings but the price below 100 will last much less as we rise up.

Standby for H2 2023.

Abdulaziz bin Salman, David an Eric will have something very big to smile about.

Oil is about to become a very expensive commodity.

Disagree.... Brent oil shifting up the gears ....US$ 84.30 an rising

Flightradar24 showing strong flights for the start of this year.

https://twitter.com/Heid_oil/status/1613815770923864065?s=20&t=-DRV4HZENvivji16Mz6VQg

Olivia Oil will run over the tax implications of those slides no doubt an make a detailed analysis of how much it will cost to boil the kettle per day offset against the depletion of the well over a six month period.

I think the way the Gaffney Gline report was communicated to the investor whose not really in to the oil an gas lingo was extremely poor an misleading.

Hence Pboo you stuck the data graph showing a sharp decline as your twitter profile picture. I agree with you it was a gift for misleading....hence the share price reacted downwards here

Now then....let's see Mark's updated CPR for Wressle. We are seeing the zero water cut an no depletion, as confirmed to me by Mark in an email.

My belief is the Wressle license overall is a proper Buckingham Palace, an cash is king for our David.

Up the road we have the Mayfair residence with West Newton with Stephen an Sachin confidently awaiting the summer drill.

And if we get the royal nod for Biscathorpe we are off to Fortnum an Mason's. Our Graham Bull knows his seismics an I say we hit that target this year. My belief also is Biscathorpe is a right cracker an some of you will be extremely surprised at the value sitting under the ground there.

This is a very big year lined up for Union Jack Oil.

No.

West Newton is 100 % NOT fracking.

What are you men like ?!!

Reabold will not be mothballing West Newton.

According to you Olivia Oil there is no rig on order as Rathlin can not afford one.

That will be one for the scrap book .

West Newton was not a failure.

https://twitter.com/UnionJackOilplc/status/1613581001036533760?s=20&t=B8wQMfK8mf-h14rLvrs_Xw

West Newton modelling to date has indicated significant production with potential lab results demonstrating a flow through reservoir sample.

“In this sample, the unfractured core plug easily demonstrated matrix flow with both API brine and diesel” - CoreLab (Stim-Lab).
Tests established matrix flow in the sample

There was stable flow established with brine and improved gas flow and indicated matrix permeability demonstrated as fluid saturation was displaced (red lines)

https://twitter.com/UnionJackOilplc/status/1613581003305488394?s=20&t=B8wQMfK8mf-h14rLvrs_Xw