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Daily oil production should be IRO 145 bops
The daily estimated gas production IRO 90 MCF
This is based on my research from an oil company that has been operating in the Seminole County since January 1990 an has drilled multiple wells.
#UJO Oklahoma well sentiment holding the rise for @UnionJackOilplcmas folks realise the revenues for this little ole oiler are looking pretty spectacular when you add in Wressle flows
👑 Cash is King. Yee haw ! 🚀🎉
New piccy of Dave 😄
Karina is not a ramper. Have some respect. She owns shares in this company an has a very nice holding. She is well researched an believes in her investment. Quite frankly Union Jack Oil is going to be the envy of its peers.
The exciting thing is here David an his team will no doubt be planning to just keep sticking wells in all over now. The speed of this has been incredible with no Ruth Hayhurst sticking her oar in. The revenues will just keep funding new drills an the profits will grow.
On top of that we still have the Pennystones at Wressle to develope an of course the gas to grid plus the big one West Newton to look forward to.
I would like to see the share price back at 32p by this year's AGM so I have David has another rabbit to pull out the hat over the next month. Therefore I would guess this is still an absolute bargain so fill your little booties.
Oh stop being so pedantic. Testing will be starting soon. The main thing is our Mr Brambell's is happy an if he is then I am. We have our top geologist Graham Bull no doubt going over all of the technicals from the well. For me it is a solid result an I can not wait to hear what is flowing. Sentiment moves markets an they have certainly moved here over the last week or so. Even Winnifrith will be silenced with what is playing out here.
Couple the Andrews-1 well flow rates with the Wressle Ashover grit plus a trickle from Keddington then show me another UK oiler who is producing the same amounts daily ?! There isnt one. Debit free, profitable an down for paying dividends.
The management have done us all proud with their business acumen here an I congratulate them. This is a fantastic addition to anyones portfolios.