Member Info for Hydras

There are none so blind as those that do not want to see!! Be extremely careful!!

Lots of seller's out today, do they know something?? Not one buyer yet? Dropping like a stone now!! Best to get out while you can.

Prowler, you will be waiting for a lot longer than 6 months for anything to happen to the sp unless the directors change their strategy. Any money that comes in from Wressle is immediately poured down the drain into their fat salaries and bonuses which they do not deserve at all and into over the rainbow projects that they cannot afford . The Directors think, delusionally, because of the present Wressle income, it is a multi billion pound business they are running, but it is barely surviving let alone thriving at all. The directors need to get real, wake up and smell the coffee and Change their tack , now!! They are throwing good money after bad chasing a dream farm in which will not happen this year or next. Four times they have tried and not a sniff of a farm in from anyone. Bunch of losers, fall on your swords and save the company millions of pounds a year!!

Flombo, the truth hurts, but the sp will get a lot worse than what it is now, unless changes in the Directors strategy are not put in place soon. Things can get much much worse, than the dire position they are in now, before they can get better and sp improves. The Complacent Directors need a wake up call otherwise the company will fold. They seem to have lost the plot completely!!

Bobbyb,

These talking shops are just a means to kick the can down the road and keep the Directors fat and unearned salaries coming in. The shareholders need to see positive action by the Directors in areas that are certain to provide some decent income and start to reward the investments made and increase the sp. Directors need to invest the Wressle cash into an oil and gas development that will succeed but NOT go Kite flying in the UK or Ireland or go for ultra high risk projects and ultra high cost pie in the sky developments that take years to obtain any possible financial returns. Change strategy to near term low cost easy to develop projects in oil and gas friendly countries. Listen and learn after your abject failures in Morocco, Ireland, Serenity and now EG !! All high class glossy hooker type projects where Directors fingers have been burned at shareholders expense. Will they ever learn after all these extremely expensive failures?

Two half million share sales today , up to now, says it all about the Directors performance. Absolutely dire!! What do they do all day? Nothing positive is the answer !!

EOG Directors have broken many records with the lowest sp ever !! Not all shareholders are happy with that performance Brezy.

Bobbyb, I am certain that the new Labour government will put a stop to Claughton ever getting planning permission for gas extraction wherever EOG decides to drill . Another absolute waste of shareholders money and only provides kicking can time for the EOG Directors to continue to pretend to be earning their fat cat salaries for doing absolutely nothing for the company shareholders. The Directors haven't a clue about forward planning and predicting what will happen in the future and doing good and realistic risk assessments of their plans. No future for EOG without a change in strategy by Directors. Use the money earned from Wressle wisely!! You have wasted over £7 million over the last 2 years with zero return!! Criminal, while you are still earning your fat salaries and getting nowhere? Let's get some decent return on the shareholders investment.

!!

Gardener, problem is that the Directors haven't got any other true or real excuses for the sp being so low except themselves and their crazy obsession with blockbuster over the rainbow farm in deals when it is EOG who are splashing their cash to farm in to 3 crazy very wasteful deals at Serenity, Inishkea and EG. Not one farm in nibble from a big oiler in sight, how wasteful is that of shareholders money? Directors have to go or change strategy or the company is well and truly sunk.

Vermillion should stop or reduce production until the tax situation is sorted with the Ireland government. What an odd shower of s*** the Irish government are. The Irish people who use energy in their homes will end up paying dearly for this tax, tax, tax on the producers. And the imported dirty gas from the UK will increase so the greens will go backwards just like the Irish like it. Living in the past all the time? Never learn!

UJO changed strategy from investing in UK oil and gas development to USA with a partner that is producing oil and gas and has extensive experience and knowledge of the producing oil from similar types of Wells being developed in the area. Also they have invested the shareholders cash into already producing oil fields with Royalties which gives regular assured income to the company with extra benefits if other wells are successful. Extremely important and WISE tactics employed by UJO. THEY CHANGED STRATEGY FROM BEING A UK ONLY OIL AND GAS DEVELOPER to spread their wings and EOG must do something similar to survive and thrive otherwise demise!! Get it?

My prediction is that if they continue with their current strategy of high risk and very costly adventures they will eventually run out of cash and fall into liquidation so sp will disappear. Is that what the shareholders want. Kamikaze directors?

Definitely a great time to top up the account holdings in Block Energy. SP has gained another 5% up to now today and it is just taking another breather until it builds up steam again for the expected next rise to above 2p. Still cheap as chips!!

Serif, think about it logically. My investments are spread over many different companies and if I see any that I consider are underperformed then I will obviously say so on the BB. It is obvious that these directors are making extremely poor and ill thought through decisions with the shareholders money. Not just once but 3 times, with Serenity, EG and Ireland. All the same mistakes made on extremely high risk ventures, that are several years away from possible payback, if ever at all. The directors need to learn lessons instead of making the same costly mistakes again and again. You must be fully aware of the insanity of persons who attempt to do exactly the same thing over and over and over again and expect a different result? CHANGE STRATEGY - LEARN !!

After seeing all the work that has been done in the UJO team over the last 6 months to bring the company and the dismal SP back from the dead, I can't help but think that the EOG directors are NOT earning their crust and are looking for the easy "pie in the sky blockbuster" play which takes the least effort, on their part, to falsely pretend to be improving the companies fortunes by splashing the shareholders hard earned money on far out projects never likely to get a very rich backer. What a waste of time and good money on elusive far away projects, which haven't a hope in hell of obtaining the massive funding needed because of the sky High risks involved. Directors must change their strategy and see reality and not live in a dream world. Come back to reality!!Please!!

SP taking a well earned breather so we can all catch our breath before the next onslaught begins. Shares are still relatively cheap considering the future earnings of this small cap company. I would not be surprised to see a positive RNS appear this week. Hold on to your seats shareholders!!

Still sp dirt cheap considering the future. Fill your boots if you can find shares to buy!!

Sellers extremely scarce still, so I can see the sell sp increasing again to attract more punters to get rid of their shares to fill the many hungry buyers. I can see 2p sp soon as buyers are still very keen on filling their boots at this rock bottom price!!

Seems that documents are being prepared for approval and possible release and certain administrative personnel are leaking information which is not yet in the public domain, but will be soon? Worth a punt now obviously!!

SP momentum is growing nicely and should reach 2p by end of week, and it would still be a great investment at that price. More rises to come in the near term. Still cheap based on the value of assets held. It is a must to get in now. No brainer!!