Member Info for loadsamoneeeey

7 trading days left H1 indication of interest ends

Jamaica Collibri drill ready 2,400,000,000 barrels of oil potential on its own with upside of 7.9 billion within the region 3D mapped hard work done just need a major to come in to fund drill

Crazy cheap here nominal value here is 0.01p basic value sp 0.0145p and a positive revenue value pe5 makes this a great investment case for a aim share

Jamaica farm out news H2 from 1st july wouldn't want to be out of this one.

Should also have H2 guidance for Egypt soon after a successful first 6 month 2 new wells brought onto production ash8 gusher and asd3 plus 2 workovers es5 and unbunged aj14 $$$$$$$$ whats not to like?

Yes tdogf revenue making company $$$$$$$$$$$ no placing in 3 years plus says it all and one monster asset Jamaica 100% owned what's not to like here?

End of H1 June Friday 30th Jamaica indications of interest Deadline ends.

H2 fast approaching could be transformational news JV for little undervalued UOG worth a punt before news might not be as many on offer after news at this low low low level all imo

You could just look at older broker for value reference looks way under valued to me

https://www.uogplc.com/wp-content/uploads/2022/10/221003_UOG-Getting-back-to-growth.pdf

EGYPT 6p

Maria 7.1p

Jamaica and all other assets groups

risked 14.4p

unrisked 58.9p

lot of upside value here mcap still very cheap gla

That's what i was thinking thedogfather must be in closed period untill they disclose on Jamaican asset thanks for sharing, not long now then fingers crossed

Indications of interest ends q2 end of june

3D mapped p10/p90 and Drill ready $38 mill spent so far uog own 100%

Free ride on first drill colibri if farmed out is BP in the mix not long to find out worth a punt before rns drops.

http://envoi.co.uk/wp-content/uploads/2023/04/UOG%20Walton%20Morant%20Update%20Flyer%20April%202023.pdf

Warning this is revenue making campany $$$$$$ 2nd succesful drill this year ash8 and asd3 now, plus work overs as5 and aj14 now adding more revenue $$$$$$ to bank

Mcap only 9 mill under valued bargain basement but hopefully for not to long now

Zaks charts uog back up to 2.2p from recent falls?

https://twitter.com/Share_Talk/status/1664217749793693696

Yep g hippo all adds revenue(15.8 mill last year)$$$$$$$$$$, drilled in 38 days of 55 and under budget and getting put on production in coming days fast turn around or what.

In addition to immediately adding several hundred barrels of oil per day to production, the ASD-3 well has also proven up the connectivity of the AR-E reservoir across the ASD Field which has positive implications for the in-place oil volumes in the AR-E reservoir and ultimate potential recovery from the field. The outcome from the well is consistent with the performance we have seen to date from the ASD-2 well, which came onstream in March 2022, and which has so far produced over 400,000 barrels of oil. This result also supports the JV view that there is long-term production potential in both the AR-C and AR-E reservoirs of the ASD field and there will now be a focus on evaluating future drilling options with the JV partners to ensure that we maximise the recovery from the field.

Jono not a happy bunny today, wait while Jamaica farm out news then not long now end of june q2 indications of interest due 2.4 billion barrels free ride on first well collibri 3d mapped and ready to be drilled is bp in the mix? for the new frontier uog hold 100% asset has upside potential of 7+ billion barrels

Cheer up Jono positive news today lol

Summary

- 12.5 metres of net oil pay interpreted across the primary Abu Roash reservoir targets

- 730 bopd gross achieved on test from the Abu Roash E reservoir ("AR-E")

- 684 bopd gross achieved on test from the Abu Roash C reservoir ("AR-C")

- This result has positive implications for the in-place volumes and future potential of the ASD Field

Looking good 2nd positive well this year $$$$$$$

Jono not again, 8 well work over programme to re invigorate wells aj-14 being a major one now in operation no figs so far but was expected to produce 300 bopd 2p reserves in wells lots more to still to get out these cheaply drilled holes, revenue 15.8 mill end 2022 all for mcap 8 mill joke

new ash8 gusher $$$$$$$$$$$$ this year and asd news to follow imminently day 52 of 55

old rns aj14

· On AJ-14, whilst oil has been recovered to surface on testing, consistent flow rates have yet to be established due to near bore-hole formation damage

· The testing programme is continuing in the Abu Roash-C ("ARC") interval at AJ-14, with well stimulation expected to deliver commercial production rates in line with pre-drill estimates of c. 300 bopd gross

Maria 2.4/5.7 mill read going concern in financials not going to affect uog if no sale

Jamaica farm out collibri well 2.4 billion barrels first drill ready indications of interest ends q2

The potential for 7+ billion barrels of mid case prospective resources.

HTTp://envoi.co.uk/wp-content/uploads/2023/04/UOG%20Walton%20Morant%20Update%20Flyer%20April%202023.pdf

The potential for 7+ billion barrels of mid case prospective resources.

We seem to be getting an awful lot for a mcap of only 8 mill

2.3 million barrels of reserve oil still to get out the ground from existing oil wells makes you think mcap 8 mill what a joke.

Asd3 next well

Jono hope you bought some asd3 next well production at1400 bopd $$$$$$$$$$$$ also aj14 work over not included in figs, revenue to mcap under valued pe ratio x 5 now big disconnect all imo of course

ps

going concern financials

The RWC (reasonable worse case) incorporates a scenario whereby the sale of Maria P2519 l to Quattro does not complete in the period. Under the combined RWC, the Group forecasts there will be sufficient resources to continue in operational existence for the foreseeable future.

Jono wow if there wasn't revenue from Egypt there wouldn't be any investment/ divestment back M&A or bp loan payments back, we would have billions of shares now placing after placing to keep investment and drill programme going ps no placing for 3 years now strong management team

Jono swings and roundabouts money in money out

The Groups operations have continued

to be both highly cash generative and

profitable in the year, with Operating

Cashflow of $8.7m (2021: $9.1m) and

EBITDAX of $13.3m (2021: $13.6m) being

generated. This strong cashflow and

profitability has enabled the Group

to fund an extensive $8.6m capital

programme in the year to maximise

the long-term value of the Group’s

assets whilst at the same time

continuing to pay down the Group’s

debt, with the current BP facility to

be fully repaid in 2023.

Jono Egypt can look after itself revenue making 15.8 mill $$$$$$$$$$$$ 1400 bopd plus well work over aj14 well online now, asd 3 news very soon.