Member Info for Hydras

I would hazzard a guess that this rise in sp could be due to the shorters now starting to ask the MM's (unless it is the MM's themselves) to try and accumulate as many shares as they, at the lowest sp possible, so they are ready for the share borrowing Institution to buy, so they institution can then give back the shares, to the lender. Possibly the particular institution conducting the shorting exercise thinks the sp will not drop any lower now and they have made enough money , through LTS's selling (at a massive loss), as they are naturally fed up with the sp dropping ? (Like Heid and others and others on here). It may take a long time to recover now, if ever, unless UJO management pulls a rabbit out of the hat, to coin phrase DB used !! Haven't seen any rabbits yet ??

It is very obvious that ujoukus is a paid person by DB, possibly his beloved paid wife. No one would write so much utter misleading trash about a person unless they were paid or closely related to him. Nearly made me vomit reading it. I had to stop halfway through otherwise I wouldn't have been able to finish my breakfast. Bramhill will not learn that the shareholders are OWNERS of the company and should get at least 20% of the profits returned each year to keep them happy. Far too much money presently is going unfairly into the pockets of the Directors, particularly DB. UJO and EOG quite clearly were extremely relieved at the challenge to the planning permission granted for the Wressle 2 well modifications. Neither company could afford to fund the capital cost of the upgrade. Thus no defence raised to the challenge. No one has said that was the real reason Wressle planning approval was not defended !! The work was not affordable!! This is just one thing that highlights the dishonesty and untrustworthyness, which is integral to the UJO and DB psyche, and causes the sp to be where it is now. Does DB know how long it will take to recover the costs of the Andrew's wells with the present oil and gas flow rates ? Love to hear DB'S mouthpiece UJOUKUS tell us, but he won't for sure!!

Mickybee, Wiltshireman is an extremely close associate of DB, without doubt. Anymore with an ounce of sense will know that he has trashed the sp by constantly ramping (lying ) everything UJO do and afterwards when what he has said does not happen and goes pear shaped he disappeares and goes to ground and never, never tells the shareholders why things went wrong and apologises to them and keeps them completely in the dark. What do you think he will say about the next two wells when they have finished drilling? Whatever DB says, no one will believe a word he says. That's why the sp is where it is now and will definitely stay there or drop to about 5p for Xmas even if the wells are commercial to Reach. What a complete joke of a director he is. He needs to be straight and honest and timely with the shareholders, but it is clear he has lost all confidence with them now so might as well go.

Odins, the only time I would actually own shares in UJO is when the top directors have bought themselves, out of their fat undeserved salaries is at least 3% of the issued shares. They need to have skin in the game otherwise the revenue that UJO earn all goes one way, to the directors pockets, and almost nothing to the real Owners of the company, the shareholders. I'm not angry at all, if I was really angry you would know about it, but what is the point. I just don't like to see injustice in company Directors decisions where shareholders are concerned and pure misleading information broadcast by DB. What a joke he is. He knows full well that he gives false or incorrect information but never apologises or corrects himself later. He is a shorters dream to make lots of money at the expense of long term shareholders that get fed up of the falling sp and sell up at a massive loss!! No I would stay well clear of buying any shares in UJO if I were you. Buy into a USA company in oil/gas butvwith experienced directors who actually know what they are buying into. These UJO guys are amateurs in the USA and it shows big time, being taken for a ride by Reach. Good luck mate if your a LTS !!

Odbins, or is it Mr "I seem to remember" in my dreams, once upon a time. No one else believes that anymore as even the old wells in the area are only averaging 19 bopd. Grow up and smell the coffee. Another one of DB'S lies to encourage you to give him credibility. I'm afraid the sp tells it's own story of how credible and trustworthy and honest investors think DB really is. You're living in cloud cuckoo land I'm afraid if you believe anything DB says. Pity you!!

No quarterly production update for Wressle as promised by DB earlier in the year. Production must be a lot worse than he dares to let out officially to the shareholders. Similar to the situation in the USA where DB hasn't got the guts to admit formally by inform the shareholders that the Andrew's wells are producing dismal amounts of oil and gas and it will take many many years (if they keep producing that long) to get any return on the capital spent. Best for you to keep out of the limelight DB as you are a truely hated and beligured character and no one believes a word you say anymore , a joke of a director. You'll be gone by the end of the year with no fat compensation if the shareholders have anything to do with it. Fall on your sword and go, for the benefit of the company and it's shareholders.

Wiltshireman, yes you are right, DB has proven that in spades. Seems as though the truth and honesty can be ignored and Directors of multi million pound companies get away with it, so they can feather their own nests. DB needs to be hung out to dry USA style. What a con man he is.

Joking, it could be UJO in treasure shares, or I would assume a broker as it is easy enough to do now through certain broker Apps. You don't actually own the shares and you can sell them via the App. It is a risk because you do have to give (buy them back at hopefully a far lower sp to make any money) them back at a certain time and you pay a fee for borrowing them. You can make a fortune and I wouldn't be surprised if that's what has happened with UJO recently. Eventually the borrower/seller will need to buy them when he thinks the price has reached its lowest point. That's where the skill and experience is, judging the optimal time to start buying back!! Good fun, without owning any shares.

Oh dear Wiltshireman, you do sound bitter, as lot of anger their I can see. As you know I was looking to invest in UJO some time ago but decided the management were far too old and director salaries far too high and they had absolutely no skin in the game and the likely Labour government would not be good for oil and gas in UK. So changed my mind after arguments with Karina and Christine Taylor (both now no one hear). Glad I went with Manchester and London Investment trust instead. Also bought some Zephyr Energy who have far more experience and knowledge of the USA oil and gas industry. Zephyr has been a bit of a disappointment to date but looks good for the near term future. I keep a check on UJO as at the time it was touch and go to invest heavily in UJO, so I like to check on whether my decision was the right one. Obviously it was, but lucky to be out and not in and cannot believe what UJO have spaffed away all the money from Wressle and the shareholders saw just about nothing!! Robbers the management are and DB has been caught out lying again and again. Cannot believe someone has not sued him!! Turned out to be one of the worst companies to invest in over the last year. It doesn't look like getting any better at all. Poor old Heid's family lost all lot of money through DB'Ss incompetence as a Managing Director. Where has all the money gone? To his friends in, Reach who can do what they want with it, corrupt possibilities there no doubt. Downward sp is definitely continues day by day. DB needs to let everyone know how much money is being generated in the USA from the investments there. But poor old shareholders hear nothing and he keeps ducking and diving and hiding away just hoping something good comes along. But It just gets worse for Calamity Dave in Oaklahoma. Good fun and entertaning for me watching on the sidelines. How not to run a company eh !

Wiltshireman, in response to your post. I will cetainly buy shares in UJO when the board members buy at least 3% of UJO the shares in issue paid for from their own easily gained salaries. Its about time they put their own money where their mouths and actions are and show they feel financial pain along with the other shareholders. I only buy into companies where the board have some flesh in the game. Try it !! No one believes what DB says anymore.

Gwynwin, of course it is due to extremely poor and ineffective management right from the top. DB is absolutely useless. He (possibly you) is taking a massive totally unwarranted salary on the back of complete failure both in Germany and now the debacle in the USA and Wressle and absolutely no information on the promised Biscarthorpe development or the Kedleston drill this year. What a numpty he has proven to be just kicking the can down the road all the time until he retires like the rest of his directors/colleagues at UJO. If you ask me the 10p share price is generous on UJO's current performance and HEID did the right thing by getting out at 12p. She has actually done far better than those who have hung on. I note that DB has gone to ground and frightened of showing his face in public because of all his terrible decisions. He has to go before the sp collapses further. What about the 3 drills in the USA this year, all gone very quiet, perhaps having second thoughts now, due to the complete failure in performance of of the Andrew's wells?? No details on the income from the USA Royalties DB has heavily invested shareholder's cash into. You cannot tell when things are going pear shaped for UJO. No RNS's to tell us what is really happening behind the scenes until he is found out as been bending the true picture. He needs to be heavily sued in USA for telling giant porkies to mislead the shareholders. He would lose all his ill gotten gains for sure. He doesn't have a leg to stand on when you look back at what he has said in interviews and written in RNS's. He needs to be brought to book, so he learns a lesson, USA style.

Vernet, obviously not in the scouts when they were young. Br prepared? The CEO's made the mistake of not preparing an EIA Zas soon as the supreme court made their judgement just in case one was required for Wressle development. Short sightedness and ill prepared on behalf of all management involved particularly the CEO's. A catalogue of errors I am sorry to say. Very poor management indeed.

Vernet, we shall see! Nothing has happened yet in EG ! Just the signing of a JOA which means absolutely nothing until you have a big spender farm-in company to enable drilling and even then there is no guarantee of any rewards to Europa shareholders! Still a massive risk!

The shareholders are selling because they are fed up of extremely poor management. UJO, EOG and Egdon management must have seen (if the real truth was actually provided by the CEO's) this requirement, to provide a compelling EIA to back up the future development of Wressle, but no, pig headed they waited and waited and waited until a challenge was raised . Everybody in their right minds knew this was going to happen at Wressle, particularly after the Biscarthorpe debacle, but oh no , the "Dad's Army" brigade running the show carried on regardless, and thought they knew better. A compelling EIA is easy enough to prepare for the Wressle development to show clearly on environmental grounds alone it is necessary and imperative to get on with it immediately. We have a bunch of useless OVERPAID CEO wasters in charge, that is why shareholders are selling and sp has dropped so much. No other reason. No hope in sight !!

Trump will certainly not win, so where does that leave UJO ?

It will be the Specialist Driller they used the second time Schlumberger. They are a massive company willing to take on "known" risks. They will possibly know more about the Paradox wells than anyone else, even the Zephyr experts!!

Gwynwin, WAKE UP!! The shareholders are selling because they are fed up of extremely poor management. UJO, EOG and Egdon management must have seen (if the real truth was actually provided by the CEO's) this requirement, to provide a compelling EIA to back up the future development of Wressle, but no, pig headed they waited and waited and waited until a challenge was raised . Everybody in their right minds knew this was going to happen at Wressle, particularly after the Biscarthorpe debacle, but oh no , the "Dad's Army" brigade running the show carried on regardless, and thought they knew better. A compelling EIA is easy enough to prepare for the Wressle development to show clearly on environmental grounds alone it is necessary and imperative to get on with it immediately. We have a bunch of useless CEO wasters in charge, that is why shareholders are selling Gwynwin.

It's simple enough EGDON, just get on and provide an EIA for the extra oil and gas produced id that's what the NLC now have to asess. It will make the case for conducting the Wressle modification extremely attractive (by reducing dirty imported fossil fuel) and absolutely critical to the ongoing operation at Wressle by eliminating completely the existing continuous gas flaring on site. Environmentally it would be impossible to argue against to reach net zero in the most Environmentally friendly way. Just get on with it and quash Stratford's absolutely stupid argument . Only a complete half wit of a judge would try to argue against the Wressle modifications on Environmental grounds. But EGDON need to just get on with it NOW !! PRESENT YOU ENVIRONMENTAL CASE AS YOU SHOULD HAVE DONE FROM DAY 1. It is all set up as a delay tactic by NLC and Stratford and the crazy zealot environ"mental"ists!! They know that they cannot win even with lining the pockets of the "Independent" leftie judges. It's all a game to them and they get super high wages to play it.

Gwynwin, if the judge who presides over this is not bent leftie (like all of them seem to be now) Stratford and her team of so called Environmentalists haven't a hope in hell of winning as it is well proven that as long as they Wressle partners guarantee the oil and gas from Wressle will be used or processed in the UK and NOT EXPORTED then it will obviously displace imports of dirtier fossil fuel(for the world wide atmosphere). The judges will have no choice but to accept the Wressle development on greener Environmental grounds. It's a NO Brainer !! Of course , I forgot the Judges and Environmentalists have NO BRAINS do they, so Wressle expansion will be rejected !! And UK will continue to have to import more of the expensive, dirtier, Environmentally unfriendly fuel that is needed in this country for the countries period of transition to net zero. Talk about shooting ourselves in the foot. How stupid and corrupt can our British judges, government and environ "mental" ists be??

Kawasaki, we can't live in the UK, but everyone else on the planet can say, the UK sacrificed themselves so we could have a bit (maximum 2%) cleaner world tomorrow. How about the government looking after it's own citizens for a change? Shear and utter madness and certainly not good for the environment. LNG imports produce more pollutants to the world than using locally extracted coal !! How stupid is that Mr Environmentalist ?