Member Info for itsawrap

Not unusual for AIM stocks which is odd as brokers would do far more business with a 2% or 3% spread

Not sure what it means but Taylor has popped up on the 'Well completion list' again with a modify date of 10.02.25

it also shows a 'first production' date of 11.12.24 but 'first sale' date is blank so I guess any oil is in a storage tank

I'm only here for CS, my exposure to WN is through UJO so if CS is permitted I will cash in and run for the hills ...unfortunately CS seems less and less likely

"The thing that is beyond me is why all the shareholders dont sell and move on. "

...shareholders have sold until the sp dropped below cash - cash being the theoretical safety net. If CS & WN drag on and on, expect the sp to drift lower in line with the diminishing cash pot

We all know CEL is looking for capital but how much money does the company need to reach the point of being self sustaining?

I'm surprised that LNe SRL appears to have extended the option without charge - I expected a further investment in LNe Ltd to fund it

"And nothing our end smelling bad either " says Bramhill

...now we know why he has invested in what appears to be a series of stripper wells.

He couldn't smell the buffalo-crap!

17.01.23 RNS re Kedd

Planning consent and permits in place to enable drilling during H2 2023

(apparently Bramhill cant smell it but shareholders certainly can)

...of course nothing smells bad at his end, he thrives on bullcrap so he's used to the smell

having read the last taylor rns again, december output will be zero. it seems likely a-2 will also be zero and a-1 will probably be a dribble...how bramhill, malcy and the brokers can ramp the **** off the us assets is beyond me

The December data for Andrews and Taylor (first month of production) should be out later this week

Gwynwin, drilling is better than stagnation but shareholders want honesty and transparency wrt our US wells, not spin, ramping and lies

i bet bramhill hates the fact that we can see monthly data for reach wells because it means he can't bull**** us anymore with outrageous claims like "major success"!

The 'detail' in the RNSs is what counts as do the accounts.

..the details NOT in the RNSs are of more concern, for example what happened to the quarterly updates for Wressle?

...he's probably too busy looking for more strippers : )

Interims - 23.09.24 RNS

The Board is delighted with the rapid progress made in the year-to-date and Union Jack is already generating and banking oil and gas revenues from the Andrews field where payback is expected on its initial investment within six months.

...it's not clear when the 6 months started but if one uses 23.09.24 as the starting point (unlikely) then Andrews will break-even by 23rd March. That seems very unlikely - if not impossible - based on the ok.gov data (there is some pre ok.gov revenue)

Bramhill has definitely toned down the ramping of taylor and moccasin and has quietly forgotten about Diana (no permit as yet)... has he finally realised he has invested in strippers?

"Why David RNSd his confidence in a drill last year is questionable when it was obvious to us Uggy"

...like many CEOs, Bramhill issues RNSs in the full knowledge that timelines are fantasies and everything else is just a wish list...they are written in this way to keep shareholders invested and excited.

Sushi is a comedian, have a look at his history of ramps...about as accurate as a fly landing on the stock prices in the FT

..in case anyone missed my Saturday morning post

Great news from Wressle, Nov up 20 bpd over Oct

Sep 370.8, Oct 309.8, Nov 329.6