Member Info for Jarv55

Look forward to the TR1 Chris Oil selling yesterday maybe buying back today https://twitter.com/CaliforniaJoe01/status/1140744016742506496

1Ifa realistically about two weeks for the core testing

210million trade looks like a buy to me judging by the price and time

They have 14 licences, low cost, low risk. They do their own technical work. They have 2 producing assets at the moment producing 50 barrels of oil per day. £2.5 million in the bank at the 1st May. They have 176 thousand acres of licence.

The Wn could be the biggest Gas field in the UK 189bcf would take approx 4 -6 wells to develop They also have Spring Hills but need to shoot 3d seismic there. Kirken Abbey on its own has 36 million barrels of oil equivalent. WN1 encountered oil staining they have now hit a 65m column of something that isn't water. All bets are off if that is oil and commercial and they have Wressle coming up.

Think a few that bought on leverage are selling, but now is the time to be buying imho but as always DIY.

have a good listen https://www.ukinvestorshow.com/videos/union-jack-oil-plc/

Roll on the volume results

Prior to first production the field's recoverable proved and probable (2P) gas reserves were independently estimated to be 43 BCF. During the last 5 years it has become increasingly apparent that this initial estimate was conservative and it is now independently calculated that the original 2P recoverable gas reserves were approximately 90 BCF of which 36 BCF are yet to be produced. Original condensate reserves were 1.26 MMBC of which about 0.33 MMBC are yet to be produced.

https://www.rigzone.com/news/oil_gas/a/18908/roc_oil_sells_saltfleetby_gas_field/

PEDL183 The licence area is within the western sector of the Southern Zechstein Basin and the West Newton A-1 gas discovery is on-trend with the prolific offshore Hewett gas complex

Check out the Hewett Gas Field that sold for £44million years ago https://en.wikipedia.org/wiki/Bacton_Gas_Terminal#Hewett

Heid don't think you need my help

Baserite spot on

I do think the Pr lady has to go her friendship with Chris Oil is a conflict of interest here and she can easily pass on info to him, for him and his mates to trade. If UJO is going to become a mid tier company it needs transparency personally don't think they need to hire a PR person interviews are enough.

Brocal yep it is going to do a Ukog 10 bagger in a couple of months you watch

https://www.*************.net/interview-union-jack-oil-west-newton-could-be-transformational-for-the-company/

baserite its not mms shorting lol its the traders taking profits

Leaky leaky

https://www.youtube.com/watch?v=oDyFFjF0F6A

https://www.dailymail.co.uk/money/markets/article-7151269/Britains-largest-onshore-gas-field-trio-mining-companies-near-Hull.html

https://www.telegraph.co.uk/business/2019/06/17/uks-biggest-onshore-gas-field-discovered-near-hull/