Member Info for Heid

Im sorry but UJO directors will still be paid even if we are getting the Pledge out for the dusters.

David's interview with Sarah that may have enticed more poor buyers is now buried in history.

Shrug of the shoulders in a soft blue jumper....nothing i can do about the share price.

DB isn't going to answer you. He is busy right now drilling a hole 😂😂

" Just putting up a picture Jayne !"

"Oh do hurry up David"

I want to come back as David.

Can you imagine all that money to spend every month ?

The king of Devon. Rolley's fudge, fish an chips, ice creams. Boat trips. Such a lucky man.

An there's us lot. Drip drip drip.

The future's bright hey David 😂

One week left to reactivate my X account or it disappears for good.

I would have run a poll now on 12ps incoming...."Yes Heid, I have to agree."

OUTLOOK :

The Board has confidence in the significant increase in drilling, appraisal and development activity

now planned in the pursuit of growth from our balanced UK and USA portfolios where each has the

".....potential for significant value-creation for shareholders. " !!!! THAT WOULD BE REFRESHING, BUT AS YOU STATE 'POTENTIAL' !!!

We believe our heightened drilling and development activity and the expected additional news-flow generated, combined with ".....effective investor engagement....." YOUR TRANSPARENCY IS VERY POOR .....on both sides of the Atlantic, will continue to attract the "......ongoing support of our existing shareholders....." VOLUME IS DEAD AND MOST EISITING SHAREHOLDERS ARE WELL UNDER WATER and the attention of new investors, broadening the appeal of the Company to a wider audience.

Half year report :

' Union Jack hosts a growing and active X (formerly Twitter) account @unionjackoilplc and remains

committed to ensuring the future success of the Company. '

What with so many blocked ?? 🤣🤣

Knock knock.

An just like Reabold the share holders gain nothing an 'all' of those paid by both companies continue to sit back an reap the benefits. It is all sold to us very cleverly. Let us see if a placing comes after David assuring us of his confidence in not needing one in February of this year. How he will cover Newton an Pennystones is beyond me. No interview David this week ?! Most out of character.

Has Colle Santo been given the go ahead yet ?!

No.

'IF' West Newton does progress will David use the shares in treasury / placing as I can not see how he will drill Wressle Pennystones an Newton.

Be very careful of your next drill David in Oklahoma with the Taylor well being a 40% COS

No interview from David after this week's half year report, probably for the best after your pledges in February of this year with Sarah that are well off the mark for shareholders at a 14p share price.

Reabold share price 4th September 2022 0.49

Reabold share price 26th September 2024 0.06

You have much to prove Stephen an Sachin an lets hope LNEnergy do not exercise their options at US$ 11 Million.

"We look forward to replicating the success of the Corallian sale elsewhere in the portfolio as we carry out the Reabold strategy to >>>>>create value for shareholders

Notably the salaries will be higher now with Craig on the books. I shouldnt think he visited Oklahoma for free.

David Bramhill, when will share holders ever see a return here an how can you make so many promises that are not being met in your interviews an RNS ?!

This is very high risk now an certainly not what many of us bought in to many years ago.

David unusually did not give an interview this week after the half year report. David's interview in February had some firm pledges about the share price rising, rabbits an David having great expectations.

David said in his interview with Sarah in February that we will not be hearing the P word....placing. I question how will you fund the Pennystone Flags at Wressle, West Newton etc after reading the accounts ?! What if the Taylor well with a 40%COS is a duster after the Beacon drill wasted a substantial amount of cash? What are the true flow rates at the Andrews well as there were more questions than answers after your half year report ?!

I do not believe Biscathorpe, West Newton or N kelsey will ever be drilled now as mentioned in your interview with Sarah after reading the Rathlin accounts. The Union Jack RNSs an poor Rathlin accounts have also not lined up in terms of the drilling expectation timelines at West Newton.

https://youtu.be/7FYt3YpgoXs?si=_B9ZkhQRxk3Brdkb&t=763

At year end, the Company's working capital balance was £2.2 million. The Board anticipates this is sufficient to maintain operations until the third quarter of 2025. As mentioned above, this does not include the anticipated costs of drilling, completion or abandonment obligations to the NSTA. If the Company cannot find an acceptable financing solution the Company may be forced to enter into an arrangement that would significantly dilute the Company's interest in PEDL 183. In addition, if the Company is unable to defer these commitments, the Company may lose its interest in the licence and may therefore be unable to continue as a going concern.'

At least Stephen an Sachin keep banking the pay cheques for the next couple of years.

Perhaps Sachin's nephews will be treated to some more shares ?!

Isnt this just an intriguing world when you join so many of the dots - so many players. Fascinating.

I go with congratulations to Ruth Hayhurst. I do not believe West Newton will ever be drilled now after today's read from Rathlin.

After speaking to Kamran Sattar I am confident he would have got it drilled this year at a fraction of the board's salary. Kamran was a large shareholder with plenty of experience to refinance an turn things around at Reabold.

Shareholders at Reabold chose Stephen an Sachin to remain on the board so they have to live with their decision.

David please could the X account clarify why your half year report stated activity during 2025 at West Newton which does not line up with the Rathlin statement in their accounts of 2026 ??

'We are expecting West Newton, another key onshore project within Union Jack’s portfolio, with

impressive Contingent Resources reported within the RPS Group Limited (“RPS”) CPR, to see activity

during 2025.'

Page 19 Rathlin Accounts :

'Although the Company has working capital to fund general operations, additional funds are required to finance these commitments. The Company is actively working on a number of fronts to address this circumstance. In May 2024, the Company submitted a request to the NSTA to defer the deadline for the recompletion of the existing well until 30 June 2026. In addition, the Company requested to defer the commitment to drill and test the new deviated/horizontal well to June 2027. as at the date of approval of the financial statements, discussions are ongoing with the NSTA. The Company also plans to apply to the NSTA to defer the abandonment commitments, to allow results of the recompletion and new well to be assessed. The Company and its joint venture partners intend to fulfill the commitments to the NSTA, and the joint venture partners have initiated plans to drill the new well off the West Newton A site and recomplete an existing West Newton A well. Due to the timelines involved, an extension will be required to allow this process to evolve in the most logical and cost-effective manner. The Company has had a good working relationship with the NTSA in the past, and • the board has a reasonable expectation that the deferrals will be granted. However, at the time of writing, the Company has not received a formal response from the NSTA.

Additionally, the Company is actively assessing financing alternatives for its unfunded share of these costs. The Company has a history of successfully addressing funding requirements on an as-needed basis and enjoys strong support from its existing shareholder base. Rathlin's largest shareholder has stated they could provide additional funding if necessary. In addition, the Company is considering several solutions including cost reductions, reducing its working interest via farm-out, or other commercial options. During the third quarter of 2023, Rathlin formally engaged a financial advisor to find a commercial partner or industry participant to support its share of the appraisal and development of PEDL 183 by way of an investment into the licence or the Company. At the date of approval of these financial statements, while the board of directors believe a financing solution is likely, there are no binding agreements in place for funding.

At year end, the Company's working capital balance was £2.2 million. The Board anticipates this is sufficient to maintain operations until the third quarter of 2025. As mentioned above, this does not include the anticipated costs of drilling, completion or abandonment obligations to the NSTA. If the Company cannot find an acceptable financing solution the Company may be forced to enter into an arrangement that would significantly dilute the Company's interest in PEDL 183. In addition, if the Company is unable to defer these commitments, the Company may lose its interest in the licence and may therefore be unable to continue as a going concern.'

february rns from david :

"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."