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BritR
In response to your third point.
Pretty poor that United haven't told shareholders or prospective shareholders if they have or have not received any indicative offers in regards to Jamaica farmout.
Shareholders especially long term ones deserve to know.
A farmout for Janaica would be massive and if they have received offers then they should let the market know.
Price sensitive, most definately imo and therefore they have a duty to inform the market!
I agree with Vizhy if they do receive indicative offers for Jamaica it will most definately be rns'd .
Brian Larkin has said publicly that the deadline for indicative offers was end of H1 2023 and this was also stated in previous rns's.
Leaving it a bit late so wouldn't be surprised if the deadline got extended but can anyone imagine if Brian Larkin and uog received an indicative offer he wouldn't say a word more like he would be shouting from the rafters.
Either way I expect an rns on this early next week.
Formerfd
Do keep up
'Thought I would unfilter FormerFD or TheDogFarther as he currently calls himself as the bb was full of green boxes and I just wanted to see if he'd changed, he hasn't.'
You do realise that only really gullible investors will be taken In by your nonsense.
You only post with the one intention and that's to get others to buy and push up the sp so you can offload or your paymasters can.
Where's Gregpeck7, how many bought on his recommendations only for him to disappear, I rest my case.
I didn't find today's rns positive, my opinion.
Reached TD 3 weeks ago why so long to report.
Production figures not encouraging at all and Net pay of 3m and 9.5m not encouraging.
TheDogFarther maybe you should email the bod with your suggestion about producing from both reservoirs at the same time and post their reply on here that would be one email I'd like to see.
No money from Maria so can they afford any more drills this year.
Think they will have to raise funds if they want to drill another well, maybe refinance thru bp which would look a lot better than a placing but having to pay it back will put a stress on cash but a placing woulld be admitting abu sennan isn't paying it way.
Here's whats going to happen
There will be a share consolidation, probably 20:1.
There will be yet another massive placing.
If you get sucked in by the pump and dump crew for say £1000 in shares then in a years time those shares will be worth £10.
Simon Potter still hasn't resigned as he was suppose to a couple of years ago as stated in an official rns and won't.
The BoD will continue in the lifestyle that mug punters have afforded them.
Stay well clear, avoid at all cost.
SEA7
Sorry but just a point about your post at 08:30am.
You stated that asd 2 would contribute 168,630 bopd to united over a year, I assume you simply multiplied 365 by the initial production rate of 462 bopd.
But I you take into account natural decline and the fact uog stated production over 372days, my calc, then average production would have came in net to uog of 237 bopd.
Then because of how the fiscal regime works in Egypt they would only get 42.53% of that, which a .ot of people fail to factor in their calcs.
Also uog achieved on average in 2022 $96 not the $66 that tdf stated.
Maybe this might alter the value you gave of uog or maybe not.
Blaimthrower your absolutely right should have kept him on filter.
He's totally committed to misleading others just as he did when he went by his previous name, FormerFD and post similarly to, the not been seen for while, Gregpeck 7 who use to post the same drivel ten times a day.
By the way not bitter in the least so he's got that wrong as well.
Nobody is saying the rns is wrong but you are deliberately trying to mislead others simple as that.
Also my research now implies asd 2 production is a lot less thanks to the information in the same rns so revenue from ASD-2 is a lot less than your header implies.
Kept you off filter for this reason.
Why mislead, you post was deliberately trying to make out that uog had revenue of $26m, that was your soke intention to mislead others.
For the record.
Just say for an example asd-2 produced 400k in a year.
Net to uog would be
400k x 0.22 x 0.4253 which would be around 37k
Ave oil price achieved in 2022 was $96
So around $3.6m.
That's completely untrue.
Why blatantly try and mislead others.
From final Results rns
· Group revenue for full year 2022 was $15.8m (1) (2021 : $19.2m)
Anyone dyor in uog could easily believe this person and highlights why dyor is so important.
Treasures,
Thanks for the reply.
Must admit if seems like a lame excuse.
So therfore until this 'technical issue' is resolved there won't be any webcasts uploaded and when the issue is resolved the first webcast to be uploaded will be the April results, can't wait!
Treasures,
I have been waiting for the April results webcast to be available on uog website and YouTube but it still hasn't happened.
Find this quite strange as they usually make their webcast available after a few days and keep wondering why it hasn't happened yet, nearly a month has passed.
Just wanted to know if they gave you any reason for the delay, also did they say it would definately be available in a straightforward manner.
Appreciate any reply.
Loads,
Wouldn't class AJ-14 as a major well as they only expected 66 bopd net to uog and the fact they seem reluctant to put an actual figure on what it is producing only leads to speculation that the figure might be a lot lower than 66 bopd.
If the Maria sale falls thru again then imo it will have a big impact to uog financial and their 2023 drilling campaign.
A Jamaica farrmout would be excellent for uog without a doubt, will it happen? only a month or so to find out.