Member Info for Heid

I believe it is you that wants to move the conversation else where.

I am highly suspicious of anything you post.

Second to Wytch Farm , David Bramhill.

That sounds great to me.

Congratulations team Union Jack Oil.

You sound very irritated RNStranslator.

That's good.

You don't want David to succeed do you, or me.

US$6,000,000 RNS being printed an plenty of gems in yesterday's interview.

No. I have said enough if you are going to call me a joke.

Cheerio.

They are offering US$1000 per day to workers in America to drill and they are struggling for labour. During covid many left realising a better life with better hours in other industries like construction. That's putting aside the costs of drill pipes and shortages in materials.

Is a windfall tax really going to address the supply issues that we face globally.
So we get a token reduction on our energy bills, that mean we will still crank our heating up and acts as a stimulus for energy demand with no destruction for hydrocarbons.

And so what if Union Jack does get taxed say 10 % .. David's calculator will be displaying extreme profits in a years time. Now imagine if he takes a cut from the tankers coming out of West Newton. Keddington is a cheap easy drill too. That's more on the bottom line.

Asked about the issue on the BBC's Sunday Morning programme, Mr Kwarteng said: “I don’t believe in windfall taxes because what you are taxing is investment in jobs, you are taxing investment in wealth creation, you’re taxing investment in new technologies such as hydrogen and carbon capture."

The rich world has savings and easy access to credit so demand destruction will be at US$ 150, for now.

Spare a thought for Sri Lanka with one days fuel left and civil unrest. Imports sat outside Colombo harbour awaiting payment.

As production declines in countries with conventional oil and gas such as Mexico, their own internal petroleum consumption is rapidly increasing at the same time. Emerging market growth will be a major factor this bull cycle.

So who is picking up the tab at the pumps ? Is it time to reconsider taxes, if they complain about crude & refined product prices, an profits for majors...
Oil producers margins, they are the lowest.

There are also physical impediments that no producer can solve.There is a $47 refining margin. That is a 650 % increase in the 5 year average. There is no refining capacity with current demand and the anticipation of rocketing demand this summer

After David's great interview yesterday it leaves me with no doubt that the reserves at Wressle are very exciting. With the annual accounts out the way now the work continues to get some institutional investors on board. The management an their team are working very hard for us investors. My bullish thesis is playing out now. We will all see our own energy bills rise massively this winter an food prices too. One thing I do know is Union Jack is awash with cash, debt free & looking to pay a dividend. I would call Union Jack Oil a generational opportunity in a multi year bull market for Oil.

GLA

I wonder which one you are , royoboy ?

I do not have to do anything you tell me RNSTranslator.

Yet again I caught you misleading this board.

Getting rather a habit, isn't it.

Good try today RNSTranslator.

Grade D Minus

Ha ! You kept some of us entertained.

Sri Lanka nearly out of fuel. Prepare for much social unrest, this is just the beginning of some tough times globally. I did tell you all.

Though for Wressle at IRO 1300 BOPD an sale of gas in 2023 my bullish thesis will have David's calculator smoking.

Fantastic Annual Report today. I listened to David's interview three times 'very carefully' !!
There are some gems in there.

My belief is the partners already know the CPR for the Pennystone Flags.

You believe me or you believe RNSTranslator.

Your choice.

David spoke of Wressle being a terrific onshore well & spoke of it being the second largest onshore oil field after Wytch Farm, with a few constrictions removed away we go to a 1000 bopd + plus sale of the gas to grid.

David spoke confidently asking Gaffney Cline, which isn’t cheap, to expand the report. David said if not they would not have ‘gone in the lion's den’ as in they know the report is going to be impressive. The partners anticipate depletion rates/results from the report that are bullish/ v good . This does not surprise me with a 15 year license for Wressle.

The upside on the Pennystones is more than they believed. This tells me the partners already know the Pennystone CPR and hence why they have expanded the report. The pressure is absolutely amazing from the daily reports.

For me Wressle is fabulous well now and only in its infancy, just wait until we get in to 2023 the revenues will be outstanding.

The interview also had mentions of institutions and big expectations for this year.

Strong Buy imo.

Laying the foundations to become a very profitable company.

Wressle is quite clearly a huge success now and looking ahead 2023 will be an outstanding year with gas sales to grid. Choke opened IRO 1300 BOPD and my bullish oil thesis playing out for oil.

West Newton, Biscathorpe the next two big plays that I am very confident, as I was with Wressle, will both be a big success.

Fabulous to hear from David with Andrew with mentions of institutions and big expectations for this year.

I absolutely loved the part of the interview...

" ...but I spend more time with a calculator now. Ha! "

You should be smiling David, a fantastic job and so much hard work by you and your team.

I have no doubt this is a mid tier company in the making.

https://twitter.com/Heid_oil/status/1526096446604419072?s=20&t=YvrYx9T2pVo_26QqWoRphQ

I would class myself more of a Narcissus, than a Narcissist, persimmon.

A happy, bright little flower.

Blown away. I only just got a retweet from this man :

Michael A. Gayed, CFA@leadlagreport
5x Dow & Founders Award Winner. Risk-On/Off $RORO ETF, Junk-On/Off $JOJO ETF, & $ATACX Mutual Fund Portfolio Manager. Publisher Of The Lead-Lag Report.
Financial ServicesClick link for two weeks freeleadlagreport.comJoined December 2010

2 Following

And ....... 628.3K Followers !!!!!!!

https://twitter.com/Heid_oil/status/1525887783272857601?s=20&t=CNAwaZaSH5r9l16e-lRznQ

Goodness gracious great bulls of fire.

End of the day it is my twitter account an my LSE posts, honestly, filter me if I bore you.

Personally..I think my posts are great. So there.

Well you should care. Considering I dedicate my all to Union Jack Oil an this is your investment.

I know who does care. Pete Bailey, the coward, and his mate ImThe Parrot who posts on this board. Proper pair on twitter getting their pants in a twist Friday night. Odd thing is old head in the sand ,Im the Parrot states on his twitter:
9 Apr my broker sent me mail saying my PF wasn't suitably balanced and extremely exposed being invested in just one sector my reply:
'having spent my working life in the O&G industry why the f'k would I invest in **** I know nought about'

The pair of them were laughing like childish adolescents at me putting UJO down Friday night.

I bet I have the last laugh with those two strange men.

These were the analytics from my '#UJO Going up....The question on everyone's mind, Wressle '..

Impressions
9,273
Engagements
385
Detail expands
143
Profile visits
12