RE: There are, as we all know, positive and megative6 Oct 2022 09:15
The derampers are desperate, saying cash issues. LMAO.
Wressle is a fantastic UJO asset with real value, it's producing brilliant revenues, and is a long term play and that is FACT!
WN is back in play mid 2023. It has had huge investment to try a 3rd time and I would expect there to be interest from a large player with an 86% COS an Rathlin will get that gas out this time.
As for other assets, yeah, Biscathorpe an Keddington both budgeted for drills in 2023.
Cash in the bank is great an all CAPEX an exploration covered for 2023, remember this will offset some of the windfall tax on oil an gas producers with an incentive to spend money on new oil an gas extraction. Investors will see a divi and share buy back in the future.
There can't be a better player out there to dabble with, and with talk of UJO hitting a £1 by Xmas is an absolute bargain price now! The meme-queen on here, she's great an certainly keeps your attention. Her name is Heid Oil.