Member Info for itsawrap

Sorry - Are there plans for GTW, GTG or LNG? thx.

Does anyone know how they are handling the gas? I assume they are currently flaring, if so is there an emissions limit? Are there plans for GTG, GTG or LNG? thx.

I'm probably in the minority but I think UJO will have a very good 2024.

Next month we should have production data for Wressle along with a CPR and a planning application for further drilling and the 600m pipeline. We can also expect an operational update mid-month.

Keddington should be underway in H1 plus some progress on Biscathorpe later in the year.

Expect a Jan. update from Bacon which should be good for our BCE shares followed by a further update in Q1.

The Reabold vote on the 10th will either mean a change of leadership with WN the priority, or the same old leeches in charge with a renewed promise to expedite drilling - which may or may not be true.

Termination of appointment of Simon John Barry as a director on 20 December 2023

Appointment of Mr William Peter Holland as a director on 20 December 2023

"David said....so you are a girl...all the partners thought you was a man."

...has he tried the Crocodile Dundee test?

"it has acquired a 42.9% equity interest in Antler Global Limited ("Antler") via a US$3 million cash subscription for new ordinary shares in Antler"

I suspect EOG has acquired 429k new shares, which means it actually owns exactly 30% of the 1.429m shares now in issue valuing AG at $10m - if I'm right, it's odd that it wasn't mentioned in the RNS

UJO has 6.3m shares held in treasury, worth about £1.2m at the current mid price. Bramhill has said he is looking for overseas opportunities, although it's likely a farm-in would be with a company needing cash, the shares could be used as

part of a deal so I think it's worthwhile holding on to them, especially if production at Wressle is higher than 680bpd next month. Keddington may be the big surprise this year so the sp could be well north of the current 19p in 6 to 9 months.

They have to hand left hand drive models for whizzing around Abruzzo!

They have said the CPR will be out next month, possibly in a closed period?

Surely you're not expecting a hard-hitting interview with DB? all we get is waffle, interviewers rarely ask meaningful or difficult questions and if they do, DB doesn't answer them, he...waffles

Fyi WH confirmed by email that 850bpd was an error, he should have said 680bpd

Still quoting Euro11m-12m pa which is based on Euro45 mwh when in fact LNe would only be entitled to 90% of that plus of course current gas price is less than Euro35 mwh

Note Will Holland said "currently 850bpd" in his interview - I assume he meant oil+water

Https://www.youtube.com/watch?v=NZYPGupliZE

good podcast from WH, more detail than the RNS. He hopes to confirm a stabilsed production number for Wressle in the "next 2 or 3 weeks" and hopes to make an announcement on Cloughton pad next month

Exactly right jd-nau. the current clowns run the company, they don't own it. Likewise if successful, the new directors will run the company but they won't own it (only their shares). However, if they do take control, we need to be vigilant that they don't pump money into Daybreak simply to enrich their own interests. I hope a successful vote puts some life into the sp - a decent exit point and I'll be gone

GP, surely the C65s are required for the floodlights, the separator and now the jet pump even if they are nowhere near the emissions limit?

Hi mrplumper, I suspect it was a deliberate omission, perhaps they are hoping the water cut will settle down as the well stabilises or perhaps it was so little it wasnt worth mentioning? water data is included in the monthly NSTA data so it's not something they can hide for long.

Moniman, I emailed HSBC at the weekend - they have already processed my request.

"Thank you for your message. I have raised your vote to vote in favour of all resolutions as per your request. If you have any questions about anything covered above, please send us a message via your online Sharedealing account or give

us a call on..."

All good but some thoughts re the business plan.

- no mention of the fact that WN permission expires in June 2024

- promising a £3m dividend is premature - they should examine the books & deals in detail first

- they have not said if they will pursue the 10% owner of Colle Santo for 10% of capex if developed

...just a reminder of what we are up against - I suspect the LNenergy directors' votes are in the bag, they are unlikely to vote out the geese that lay the golden eggs

Oza 89.3m, Williams 54.3m, Felton 25.2m, Samaha 7.8m, Edelman 169m, Oza family 399.5m, LNenergy directors 1'297.3m = 2'042.4m or 19.7% of shares issued