Member Info for itsawrap

a simple guide to geothermal energy
www.bgs.ac.uk/geology-projects/geothermal-energy/
Causeway has some serious eggheads so could be exciting for EOG in 2/3/4 years time
causewaygt.com/who-we-are/

assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1042291/oil-gas-licensing-checkpoint.pdf

this government consultation is likely to be fundamentally important to the future of companies like UJO

gov.uk/government/news/uk-government-seeks-views-on-new-oil-and-gas-climate-checkpoint

"Can you imagine if David had got that placing away without it being blogged etc etc and everyone selling down... we would have had a dam good royalty. " - buying a Royalty in September when Brent crude was at a 7 year high, possibly not the best timing
"AND not had the share price decimated ."- 1 week after the placing WN was refused planning, 2 days later Bisc was refused planning, not great for the sp. time to visit specsavers to replace the rose tinted glasses?

DB has done what many of us asked him to do , he has taken action over the leaks. Rather than simply demanding the FCA investigates, he has employed professionals to prepare a dossier to give to the FCA. This will do two things imo, firstly it will force the FCA to take the issue seriously and secondly it will cut the lead time significantly. The only near-term news I expect is a simple statement from UJO saying they have passed the dossier to the FCA, after that it's up to the civil servants.

www.**********.co.uk/articles/union-jack-oil-says-its-latest-update-indicates-a-tangible-confirmation-of-progress--a41fe12

hopefully it works this time

https://www.**********.co.uk/articles/union-jack-oil-says-its-latest-update-indicates-a-tangible-confirmation-of-progress--a41fe12

too risky perhaps? if they succeed and obtain permission for 4 more wells that's likely to be a very expensive undertaking, how much is anyone's guess. I would much rather UJO spent money of developing assets with EDR, even if it means taking an equity stake in EDR to beef up their finances.

persi the H2 expenditure is a concern, possibly much of it due to WN which will continue to be a drain on cash. the chuckle brothers think it's wonderful so let's sell them our 16.67% ...£10m sounds nice!

bundy, I estimate 2021 revenue of about $2.5m which could/should be confirmed in a trading update next month, cash position appears to be circa £8m (not including H2 expenditure which may include an unpleasant surprise due to the extra long EWT at WN), overall UJO is significantly undervalued imo

and PL/0168/21

planning application submitted 03.12.21 ref. PL/0167/21
https://lincolnshire.planning-register.co.uk/Search/Results

yes, many thanks. it's curious that ujo commissioned the cpr and not edr as operator

calling nuclear energy green or clean is nuts! the UK has 5m tonnes of nuclear waste currently stored underground, it's dangerously radioactive for up to 100'000 years

hello VHB, what is the source of this statement please?
"Maybe this could account for why UJO are paying for the CPR"

notrac, is it not the case that this also applies to a share buyback?

https://www.rathlin-energy.co.uk/latest-update/

https://www.rathlin-energy.co.uk/latest-update/

front page of the RBD website

An upstream oil & gas investment company that does things differently.
Focused on generating returns through investment in low-risk oil and gas projects with high potential upside.

roflmao!

regarding production at Wressle, Proactive interview of 11th May 2020 DB said:
"...we could get a 1000 plus out of that well but we have agreed with the council to limit it to 500"
this year DB said there is no limit, although I am not aware if, how or when the "agreement" was changed