Member Info for Heid

Union Jack Oil plc reposted

Climate Realists🌞@ClimateRealists May 1

Now Unions reject Ed's Green luncacy: Unite warns Labour's Net Zero plan will become 'millstone' as No.10 refuses to guarantee Miliband will keep his job | Daily Mail Online

Union Jack Oil plc @UnionJackOilplc Jun 3, 2024

#ujo

Union Jack Oil plc reposted

DonKeiller @KeillerDon 15h

More and more people are seeing Nut Zero for the lunacy it is.

#CostOfNetZero

#RenewableEnergy

Needs some bulls to buy oil or heading 52s

Also, I think you undercooked the costs of producing the oil ' breakeven oil price of approximately US$18 per

barrel. '

Yes I know suppergit--but those Feb barrels are the market sentiment today at 9p share price!

Try less income on today's oil price ; Brent oil US$ 59 ...not your US$ 75s any more of Feb

*Note costs for drilling have gone up with Trump's tariffs; pipes etc.

Miles Newman an David Bramhill must have a hotline on oil prices. Think down boys ... x

Itsawrap

'Brent was about $75 in Feb, say $63 net for 28 days is $235'000

fyi no Feb data for Kedd'

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Brent is about $60 now, say $42 net for 28 days is $156,643

fyi no Feb data for Kedd because according to Union Jack Oil X post 10th April it still wasnt flowing

Commercial screening indicates break-even full cycle economics of US$18.07 per barrel

https://unionjackoil.com/wp-content/uploads/2024/09/Interim-Results-RNS-2024-web.pdf

'The oil price environment is always being monitored,

however, the Company’s key assets are cashflow positive

at a breakeven oil price of approximately US$18 per

barrel. '

https://unionjackoil.com/wp-content/uploads/2024/05/UJ_AnReport2023.pdf

Union Jack Oil plc

@UnionJackOilplc

·

Apr 10

#ujo $UJO #ujogf #OTCQB

Thanks to

@EgdonResources

for the latest images taken on progress at our Keddington site. This, as you can see, will soon be reflecting the high standards and appearance of our super Wressle site. Looking forward to reinstating production asap!

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'Looking forward to reinstating production asap!'

I take that as there was no production as at 10th April

Shareholders pay their salaries

Updates will come pre AGM ramp

It is the actions an news flow after the AGM that you need to focus on re flow rates etc

70 $ a barrel ???

Crude is at 57$ today

Take off the costs

So kinda four months at Wressle covers 'all' the paid ones salaries here ?

The share price is stuck at 9p

The Union Jack X account posted 95 times in April about net zero kinda rubbish...where are the posts to sell the company an bring in buyers..there were only five posts

Trump did well yesterday an achieved his goal; the minerals in Ukraine.

Meanwhile is America land, thanks to Trumps oil price dropping, we will see fewer rigs, poorer geology (Andrews !) an less wells completed at higher costs thanks to Trump's tariffs.

Were lower oil prices really about energy Mr Trump ?! I think not.

Saudi have said they can live with lower oil prices an Trump is off to pay them a visit .

Fact is oil is going lower....whilst costs of drilling a well have increased.

Lower oil prices are needed before sense is realised then you will see the bounce.

Will Andrews ever be paid back ?! Six months David ?! Your having a giraffe.

Captain Bramhill save your passengers - More chunky sells.

8p ahoy ⚓

I thought George always told me his posts on X had to be polished ?!

I dont get that one about Wressle planning in place to expand when it has been quashed ?!

Also, good ole Trump is doing a good ole job on oil price ?! 59 Dollars... OPEC increasing production, much uncertainty..Imagine if Iran deal is done...Tarriffs.....

⚽ 💩💩💩

feb 2024:

bramhill added: “in the uk, we have planned programmes, which include the drilling and development of the *****tone flags formation, containing material gas reserves on our flagship wressle development.

“we also anticipate the ‘renaissance’ of the west newton gas project, which i am confident will become the focus of significant drilling and development activity during 2024 and beyond.”

Https://drillordrop.com/2024/12/03/wressle-seeks-environmental-permit-consent-for-gas-refining-and-small-scale-fracks/

'The changes proposed for Wressle need planning permission, as well as variations to the environmental permit.

North Lincolnshire Council approved the site’s planning application in September 2024. But the permission was quashed in November 2024. This followed a Supreme Court judgement which decided that applications for hydrocarbon production must take into account climate emissions from the use of oil or gas. The Wressle decision was judged to be unlawful because it didn’t do this.'