Member Info for itsawrap

Assuming Taylor is commercial UJO is 3 for 3 in Oklahoma, that's impressive...but it's going to be 2 or 3 years before they repay our capex

Here is a list of UJO's RNSs where they stated a revenue number for Wressle. It's hard to determine the level of accuracy but it's clear to me that the $21m rns must have been a lot closer to $22m than $21m for today's rns to make sense - just my opinion of course

15.01.24 RNS - US$18,000,000 net revenues

17.04.24 RNS - In excess of US$19,000,000

10.07.24 RNS - revenues exceeding US$20,000,000

23.09.24 RNS - in excess of US$20,000,000

29.10.24 RNS - revenues of over US$21,000,000

26.11.24 RNS - revenues of over US$22,000,000

...note the 2 RNSs 10 weeks apart stating $20m

It's in one on Bramhill's RNSs, it must be true :- )

10.07.24 rns

"closer to home i am delighted to report revenues exceeding us$20,000,000 net to union jack, from our key wressle project, onshore uk, where we remain of the view that the most productive phase of development, the material *****tone flags formation awaits."

29.10.24 rns

"in the uk, the company is pleased to report cumulative revenues of over us$21,000,000 from wressle, net to its 40% interest, where the view of management is that the most productive phase of development awaits."

26.11.24 rns

"in the uk, the company is pleased to report cumulative revenues of over us$22,000,000 from wressle, net to its 40% interest, where the view of the management is that the most productive phase of development lies ahead."

My thoughts exactly...and if they don't need the casing for Taylor they can use it for Moccasin

Https://www.reconpetro.com/

this is the company Reach is using

https://www.cnps.com/whats-the-difference-between-open-hole-and-cased-hole-logging/

this site explains the benefits of open hole logging

It's a wholly owned subsidiary - it's quite common for companies to have property owned by a subsidiary

Micky, he probably taking a "spin" class in preparation for the next RNS

CEL has an acute shortage of cash - we have a 5 year rental agreement with our subsidiary, why not sell the 100'000 sqf facility or the subsidiary or even mortgage the property?

...is a subsidiary of CEL. 2023 accounts show a profit of £1.8m. First rent review was 01.10.24, rent appears to be £550k pa.

I assume keeping property in a separate entity is normal practice but I am surprised at the 2023 profit.

https://find-and-update.company-information.service.gov.uk/company/11886065/filing-history

My pleasure uggy - just a shame this good news has been drowned out by petty bickering

Give it a rest guys - you're drowning out today's good news - we have an end date for a Colle Santo decision!

BUMP - this is more important

Https://www.sviluppocollesanto.it/

- The national EIA commission will give its opinion on the project by the end of the year.

- Green light from the dam office of the Ministry of Infrastructure. Go to the interview on Rainews.it

Bump

Https://www.sviluppocollesanto.it/

The national EIA commission will give its opinion on the project by the end of the year. Green light from the dam office of

the Ministry of Infrastructure. Go to the interview on Rainews.it

Https://www.sviluppocollesanto.it/

The national EIA commission will give its opinion on the project by the end of the year. Green light from the dam office of

the Ministry of Infrastructure. Go to the interview on Rainews.it

...and 2 highly paid CEO's, twice as many as any other AIM company

I suspect we are stuck at circa £6m mcap until we get good news from CS as WN is months away

...somewhere in the Welsh hills there's a village missing an idiot...eye spy with my little eye...

Rog, I appreciate it can be confusing when looking at US measurements vs UK. The websites are very useful, especially this one https://oklahoma.gov/occ/divisions/oil-gas/oil-gas-data.html if we didn't have access to this data we would have to rely of Bramhill's smoke & mirrors. ok.gov data is released 6 weeks in arrears whereas NSTA data is 2 months in arrears

'Production History' on ok.gov

...VERY CLEARLY states "Gas volumes are reported by MCF (thousand cubic feet) produced"

https://www.eia.gov/dnav/ng/hist/n3035ok3m.htm

...VERY CLEARLY states..."Dollars per Thousand Cubic Feet"

...in conclusion I don't give a monkey's about BTUs, our asset is in Oklahoma