Member Info for itsawrap

scratch that idea, someone is already using it :(

perhaps something like EnergyEvolution plc

surely a cracking buy at 520, what does everyone know that I dont? trading update out very soon

GP, a few months back I asked DB if ujo received Wressle payments in usd or gbp, he said EDR pays in gbp, of course reporting to shareholders in usd means less time between millions

Europe needs Russian gas but how badly does Russia needs European customers? Russia has been drawing closer and closer to China in recent years, both politically and economically, China imports a lot of Russian gas and appears to have an insatiable appetite for energy. imo this crisis highlights that UK O&G independence should be viewed as a strategic requirement, we should not be caving in to local protesters who are fundamentally nimbies using climate change as camouflage

tovoc 100% agree, it's bordering on unprofessional that shareholders have to look to UJO to get an insight into eog's income from its most important revenue stream

I suspect caljoe is too busy licking his wounds over ODX to be posting here

surely the trading update has to drop soon, Monday morning perhaps?

I find it curious that they accumulated 3.0012% of the shares, that's less than 1000 shares above the declaration requirement. There are 2 likely scenarios in my opinion, 1) they made a mistake, they actually wanted to keep the holding just below the threshold, 2) they deliberately traded above 3% as wanted the sp to spike so they could cash in. Any thoughts?

currently up 30% but it seems to be quite a volatile stock so not unusual, I still havent spotted any announcements, has anyone else?

https://drillordrop.com/2022/02/03/15-onshore-oil-and-gas-schemes-await-planning-decisions/

a useful summary of where we are onshore UK

45 posts today and only a couple are worth reading, why do so many people waste their time clogging up the bb with crap!

"The longstop date in the Equity Exchange Agreement is 14 February 2022."
no news from Daybreak or RBD as yet, I wonder if Daybreak managed to complete the fundraise?

I took a modest punt today as the trading update should drop this week, maybe tomorrow?

thanks for the link Heid, that is very encouraging, hopefully it will be well received by the planning committee and the swampies

still no update from Daybreak, perhaps they are waiting until the last moment to announce that they have (or havent) raised the new funds. What happens to rbd's sp if the deal falls through?

yes it's blue but 3 weeks ago it was 17p, it's a little early to get your pom poms out :)

no mention of legacy water issues in RNS of 21.09.21
' Third party work is currently ongoing to finalise the well design, facilities specification, and commercial modelling for the phased redevelopment of the shut-in Waddock Cross oil field in Wessex Basin licence PL090. Independent reservoir modelling has shown that a new horizontal well on the field could yield commercial oil production (500-800 bopd). Given the large in- place oil volume (Mean oil in place of c. 57 million barrels of oil) this asset has been high graded by the company as planning consent and facilities are in place to test this significant opportunity. A final investment decision is expected to be made by the end of 2021 which could lead to further drilling activity during 2022.'

selfish, EDR is looking for a partner for Waddock Cross, I wouldnt be surprised if UJO participate

gogetter, I calculate we should hit the $3m at the end of this month based on 666bpd, though you may be right if production has increased with the new equipment, a 2021 trading update would be welcome