Member Info for jono44

They need to confirm a commitment to drill a well before end Jan 2024 and drill a well before jan 2026.

Think in video link, loads posted, lady said they had to drill a well before jan 2024 which I think was incorrect and that they only have to make a commitment to drill before that time but I could be wrong.

Anyway for clarity I would invest if they had received offers but won't until they decide to update the market with imo price sensitive news!!

Oily is right Jamaica is icing, egypt is costing and will need refinancing or funding and as such not investable as its steadily going downhill.

Dog how's your Harl investment going!

You've certainly got a big fan club over there, what's your new nickname again, begins with a K, certainly fits.

How do you know the bod have received offers just pure nonsense as usual.

Maybe they haven't received any offers.

Nobody knows because they are not telling anyone.

"Mon dieu!" As Del Boy would say.

Two weeks now since the deadline for indicative offers for the farmout.

Total silence from uog!

Unfair on shareholders and prospective shareholders.

Why not update the market?

They have either received offers or they haven't.

If they have then that would be great news and would most definately have a very positive effect on the sp and would bring in new shareholders and imo its price sensitive information.

If they haven't then fine, move on, extend dealine.

But don't say nothing !

Also expect a second well onstream this month.

Look forward to next rns.

Adieuk32

Just wonder how you reckon jse will add 30k, I was thinking around 11k.

Hope your right and I'm wrong.

"Not sure if Brent is in Egypt Loads"

Not sure you should be investing after that statement.

Gross production from Jubilee is expected imminently to reach 100kbopd of which Tullow has a 39% stake in so jubilee net production will rise from 28k to 39k or thereabouts.

11k bopd at a price of at least $74 per barrel extra per day is encouraging.

Going in right direction and with directors buying significantly cashwise recently as another positive decided to buy in.

"Mon dieu!"

This bb is like reading a script for 'only fools and horses'

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!

Encouraging to see most of directors buying, and not modest amounts.

Samuel Dossou-Aworet also increasing his holding from 12+% to 16+%.

Something going on.

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.

TDF

Nonsense.

What a load of ...............

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.

Of course they need the money now and it's matters a lot.

Also there's no guarantee it will happen, it fell thru before.

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.

Very interesting news release from Jesmond Capital on TSXV: JES.P.

SEA7

Thanks for the polite reply.

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.