Member Info for Heid

Agreed week commencing 26th

I say bring on that West Newton CPR.

I am looking forward to comparing it to Angus one.

https://investegate.co.uk/angus-energy-plc--angs-/rns/revised-saltfleetby-cpr--and-update-on-operations/202110260700031967Q/

I say West Newton will be the standout prospect.

Heid @Heid_oil

#ANGS successful gas news at Saltfleetby magnifies the fantastic location of #UJO @UnionJackOilplc's assets at Wressle, Biscathorpe, West Newton etc all awash with Gas, Oil, condensate

Valuable commodities due to lack of new assets coming online; expect big players wanting in !

https://twitter.com/Heid_oil/status/1573647239351877633?s=20&t=oUNYqJEgCyRVzuyCmOCy1Q

You 'think' do you milnrowmug

Don't sit on the fence

You may get splinters up ya @rse

Low prices will ensure long term supply is eaten up faster.

The market is tight as it is.

Recession fears are putting on the pressure.

Recessions drop the demand but they do not cause demand destruction.

Only a high price will cause demand destruction ultimately not headlines.

The US$10 Million RNS will be a huge achievement.

i would envisage multiples of that to come.

Union Jack Oil plc @UnionJackOilplc Replying to @RayN195 and @Heid_oil

The well is performing beyond expectations Ray. Free flowing clean oil, excellent pressure, Gaffney Cline have to err on the side of caution. One can hope that it continues for many years at the rate presently enjoyed

Not depressing for me as I look at the bigger picture.

What I like about the Gaffney Cline report is David has a legal document/proof regarding Wressle and if he ever got an offer to buy our part of the asset he can show exactly what is there to get the best price

You have missed something TAC re the Gaffney Cline report.

He clearly meant Wressle.

Wressle flow rates are not slowing thus far. It did flow at 1200BOPD but needs to be constrained for now till gas to grid. After Xmas it will flow much higher . It is a very unusual well in terms of the readings an elevated pressures it is showing.

West Newton will be sold on commercial flow.

That is my take.

Wressle is showing fantastic pressure an no water cut. We have a 15 year license.
No way is it a short term play.

West Newton is a huge gas find as per what the CPR will confirm. We are covered for the drill at West Newton. It will be sold imo upon commercial flow.

This company is one of the best on AIM as will become clearer. Debt free. Profitable. Divis & share buybacks.

Ignore this fool.

Ha !

LOL.

The oil price is moving on headlines. Stay focused on the inventories dropping, SPR ending an shale hyper growth done. There is no major investments in to oil. The greens did that an people want divis an share buy backs. China will open up India's use of oil is growing. You will also see oil being used instead of gas because of the high price. OPEC spare capacity done.

Winter will get interesting with the mess Europe is in. Putin has had his fun with the gas, next he will target oil.

West Newton Gas is 'huge'

The CPR will confirm this imo

Pipeline already being discussed. Think Keadby/H2H for gas to hydrogen

Union Jack will be long gone an on to Biscathorpe. The biggest unappraised well in the UK.

The Wressle report was communicated poorly.

Wressle is a fantastic well. That will become clearer as the production figures get reported. When we have the choke opened an the gas to grid being sold too the sentiment will return even more. Debt free, awash with cash, divis an share buybacks...

I don't have time for your abuse.

Heid @Heid_oil

#UJO I see my £1 by end of year. Too much good news filtering through. Not one bad RNS. Price manipulated & imo big buyer loading. CPR due next week. Gas will be HUGE ! Flow it next year, then sold. No more West Newton for us.

I still think there is 'something' to come as I have posted @UnionJackOilplc

... H x