Member Info for itsawrap

...meanwhile, what the hell has happened to Taylor and Diana??? Taylor may not be commercial and Diana has yet to be granted a licence. Brammers should get his a r s e out of the hot tub and update shareholders

With little cash and poor comms my feeling is the sp has yet to bottom out, I'm a buyer circa 0.50/0.55

Heid, all UJO's missives are carefully worded to caveat any and every announcement - there is no doubt that RNSs are worded to present the best case scenario which rarely if ever is delivered. It's the same for all the small oilers on AIM.

Kawasaki, I'm guessing that once all the infrastructure is ready various agencies will have to inspect it before they re-start production, maybe HSE, EA, NSTA, Council, Greggs, etc

Peris I emailed 'Person in charge of the procedure: Maria Ciuffreda - va-5@mase.gov.it' a few weeks ago asking for a timeline but haven't had a response. If Italian bureaucracy is like the UK, then this could drag on for a few more weeks/months. Perhaps the option extension is only 2 months as LNenergy SRL were given a timeframe?

The option extension expires this month so at the very least we should get an rns with an update on that

What puzzles me is why the big shareholders supported them during 2 RGMs, why couldn't they see what smallholders could? That is, these 2 plums are snakeoil salesmen who are milking the company year after year while shareholders only see losses

Dai you make a good point - Europa could hold up Wressle as an example of a state of art on-shore production facility or even better, create a CGI plan of how the pad will sit in the landscape including any landscaping.

I have been in and out of novacyt for a while, currently not a big position as organic growth seems to be elusive. I predict a takeover offer in the next few months circa 70p-75p, short of another pandemic I think that's our best chance for the sp

Well said, our glorious leader is the biggest ramper of all

Https://unionjackoil.com/wp-content/uploads/2021/03/Articals-of-Association.pdf

Hyrdas, the Articles of Assoc page 37 indicate that Brammers will be up for re-election this year...I'll be voting NO

Here's my post from yesterday - perhaps circa 100bpd is what we should expect?

Today's 'well completion list' on ok.gov gives some interesting data

Column - 'modify_date' = 2025.02.27

Column - 'oil_bbl_per_day' = 100

Column - 'oil_gravity' = 32

Column - 'pumping_flowing' = flowing

...so it appears as though Moccasin is flowing at 100 bpd

What a great result - let's hope the news from Kedd is just as good, then there'll be no stopping the sp, 25p ?

Today's 'well completion list' on ok.gov gives some interesting data

Column - 'modift_date' = 2024.02.27

Column - 'oil_bbl_per_day' = 100

Column - 'oil_gravity' = 32

Column - 'pumping_flowing' = flowing

...so it appears as though Moccasin is flowing at 100 bpd

In early december eog said wressle was producing at 250bpd so it may not be due to an xmas shutdown

Jul 390, Aug 382, Sep 371, Oct 310, Nov 330, Dec 240 bpd

December not great but I think they have downtime each year due to Christmas and New Year's

...tomorrow we should have December data for Wressle

Sep 370.8, Oct 309.8, Nov 329.6

A proppant squeeze is the technique used to turn Wressle from a dud into a commercial well. Rathlin has applied for permission to use this technique at West Newton, it will be interesting to see if the application is successful and if the eco zealots lodge a legal challenge

...the option will expire in about 5 weeks. News soon???

Micky, that's UJO, long on promises short on delivery...but we have 3 wells nearing results so hopefully there are happy days ahead! (note I didn't mention Diana, that seems to have dropped off Bramhill's rampathon)