Member Info for loadsamoneeeey

No worries can post again jono .broomtree .blaithwaite,oilyrag

Jono not again penny still not dropped then what a surprise repeated just for you 4th time lucky here goes

Egypt revenue 6.4 mill H1 (same as mcap now how does that work?)

capex 5 mill for year 2023

Egypt 4.4 mill 0.6 mill other investments

Looks like funding in the bag if not already payed for upfront from what I'm hearing

2 succesful drills this year and 2 to go all plaicing free rare on aim 3 plus year now or will it be 4+ soon, no confetti mountain here 656 mill shares

Additional drilling in H2 2023 has now been agreed by the JV partners and is expected to commence in September. An exciting exploration prospect, ASM, lying to the south of the prolific ASD Field has been approved for exploration drilling, and following on from the success of ASH-8, an additional target within the ASH Field has been identified for further appraisal. Further details on the timing and order of the H2 drilling programme will be announced in due course

Gla

Repeated just for Jono simplified 2023 capex 5 mill so far revenue 6.4 mill H1 so fully funded already no placing for drillings in Egypt

Has penny dropped yet🤑 lol

The Group will continue to focus on capital discipline with 2023 capital investment largely directed at maximising value from the Group's producing assets. The Group's cash capital expenditure for the full year is forecasted to be approx.$5m, fully funded from existing operations, with circa $4.4m to be invested in Egypt and up to $0.6m across the other assets in the portfolio.

Thanks Jono revenue is great for H1 already covering capex for this year no placings needed then here for 3rd drill this year in Sept rest is just gravy H2 all profits for uog

Ps added capex last years and this but not sure the penny will drop though 🤑

Capital investment

Total capital expenditure on continuing operations for the year amounted to $8.6m (2021: $6.9m), with $2.4m incurred on the three successful development wells, $1.4m on two exploration wells, and $3.2m on other development and infrastructure projects in Abu Sennan. The remaining $1.4m was invested in other assets across the remainder of the portfolio.

The Group will continue to focus on capital discipline with 2023 capital investment largely directed at maximising value from the Group's producing assets. The Group's cash capital expenditure for the full year is forecasted to be approx.$5m, fully funded from existing operations, with circa $4.4m to be invested in Egypt and up to $0.6m across the other assets in the portfolio.

Egypt has 2p reserves 2.3 million barrels still to get out existing wells same as when we purchased for 16 mill dollars but still plenty of upside revenue is king $$$$$$$$$$$$$$ and paying for everything @ uog even asset sales have to have investment money to re-sell for profits capex 8.6 mill last year swing and roundabouts Maria sale next Jamaica farm out all developed and payed from Egyptian revenue

Vistaman "You can't keep operating with negative profits" when was that then? last financials says 2.3 mill profit and 3.6 year before ?

revenue is revenue money making company $$$$$$$$$$ beats having placing after placing and a confetti mountain to show for it

3 years plus now no placings at uog only 656 mill shares tells the true story here of a well managed company

https://www.lse.co.uk/rns/UOG/final-results-for-the-year-ended-31-december-2022-b99g9nci8ytwy0w.html

Financial summary

· Group revenue for full year 2022 was $15.8m (1) (2021 : $19.2m)

· The average realised oil price per barrel from Egypt achieved was $96.1/bbl ( 2021 : $68.9/bbl)

· Gross Profit of $12.9m (2021 : $12.3m)

· Profit After Tax $2.3m (2021 : $3.6m)

· Cash Collections of $16.9m (2021: $17.3m)

· Group Cash balances as at 31 December 2022 were $1.4m with Net Debt of $1.5m (FY 2021: Cash balances $0.4m, Net Debt $3.9m)

· BP Acquisition facility to be fully repaid in 2023

· Capital expenditure for the year was $8.6m (FY 2021 : $6.9m)

· Egyptian receivables of $4.4m (FY 2021 : $5.1m)

(1)22% working interest net of Government Take

Vistaman revenue is revenue making $$$$$$$$ money and pays for re-investment into uog capex last year 8.6 mill paying for Egypt, Jamaica, Maria no placing in 3 years plus speaks for itself sorry you cant see bigger picture here? and always go just on profits alone which they also achieved by the way and loan payed of end of year

value will out in the end gla

Yes vistaman the nomad is really gonna let them disclose false information on interested parties in Jamaica

Maria nothing we didn't already know

Revenues for the first half of the year are expected to be $6.4m (2022 H1 $9.8m) still making lots of money $$$$$$$$$$$$$

Jamaica still on track

We have continued to engage with potential partners to participate alongside us in drilling this exploration well, and earlier in the year, a deadline for indicative offers had been set for the end of H1. We are encouraged by the number and quality of companies that are in the process of completing their evaluations, and as they have requested additional time, we have agreed to extend the deadline. Additional updates will be provided in due course.

great buy opportunity before Jamaica hits

Dyor 2 month old last pod cast B.L.

https://www.proactiveinvestors.co.uk/companies/news/1014456/united-oil-gas-remains-opportunistic-1014456.html

TDOGF 😂

Think he has septicemia (Confusion or delirium) splinter infection been sat on fence that long ouch!!!

Repeating myself for Jono he cant read very well poor lad

Egypt makes lots of $$$$$$$$$$$$$$$$$$$$$$ profit making all day long 1445 bopd ps does not including latest well drilled asd3 and work overs aj14, es5. in figures

good luck with splinters though

Egypt revenue 2022 15,800.000 mill

Financial summary

· Group revenue for full year 2022 was $15.8m (1) (2021 : $19.2m)

· The average realised oil price per barrel from Egypt achieved was $96.1/bbl ( 2021 : $68.9/bbl)

· Gross Profit of $12.9m (2021 : $12.3m)

· Profit After Tax $2.3m (2021 : $3.6m)

· Cash Collections of $16.9m (2021: $17.3m)

· Group Cash balances as at 31 December 2022 were $1.4m with Net Debt of $1.5m (FY 2021: Cash balances $0.4m, Net Debt $3.9m)

· BP Acquisition facility to be fully repaid in 2023

· Capital expenditure for the year was $8.6m (FY 2021 : $6.9m)

· Egyptian receivables of $4.4m (FY 2021 : $5.1m)

(1)22% working interest net of Government Take

https://www.lse.co.uk/rns/UOG/final-results-for-the-year-ended-31-december-2022-b99g9nci8ytwy0w.html

Jono has no investment here just sat on fence getting splinters posting his usual carp to get in cheaper ps did you actually buy on last drop and sold now so started all over again as you went very quiet on rise till now?

Capex 8.6 mill re-investment into projects like Maria, Jamaica and no placing in 3+ years the benefits comes when they sell on assets Maria or get a farm out Jamaica, stop trying to make out Egypt isn't making money 1445 bopd makes $$$$$$$$$$$$$ money how ever you try to spin it.

Egypt revenue 2022 15,800.000 mill

Financial summary

· Group revenue for full year 2022 was $15.8m (1) (2021 : $19.2m)

· The average realised oil price per barrel from Egypt achieved was $96.1/bbl ( 2021 : $68.9/bbl)

· Gross Profit of $12.9m (2021 : $12.3m)

· Profit After Tax $2.3m (2021 : $3.6m)

· Cash Collections of $16.9m (2021: $17.3m)

· Group Cash balances as at 31 December 2022 were $1.4m with Net Debt of $1.5m (FY 2021: Cash balances $0.4m, Net Debt $3.9m)

· BP Acquisition facility to be fully repaid in 2023

· Capital expenditure for the year was $8.6m (FY 2021 : $6.9m)

· Egyptian receivables of $4.4m (FY 2021 : $5.1m)

(1)22% working interest net of Government Take

https://www.lse.co.uk/rns/UOG/final-results-for-the-year-ended-31-december-2022-b99g9nci8ytwy0w.html

yes Jono he has re-invested in other project and selling on for profit loan payed off end of year

Jono

commitment drill or drop before january so end of this year 2023 and be drilled end 2026 before jan

Larking has hinted many times we have many interested parties for Jamaica so no rns is good patience needed.

Why is Egypt costing when it is paying for everything no placing in 3 years plus and larking prides himself on not coming back to market for funds very rare in aim

No news good news? patience needed parties in negotiations mou?

They have drill or drop till end of this year before any extension needed.

Big plus that gov support must look very temping for majors to come in with a drill ready project all 3D and p10 to p90 sections mapped out colibris 2.4 billion barrels potential just in this small very sweet spot. 10 more locations on top of colibri to go at for a 7 billion barrel potential area.

Https://www.youtube.com/watch?v=obcN7eP5ZXo

HTTps://www.uogplc.com/wp-content/uploads/2022/07/United_Oil_and_Gas_Note_June_2022.pdf

This note focuses on the Company’s Maria Discovery, located in the Outer

Moray Firth Basin of the UK Central North Sea. We value the Maria project at

£33.5 million or 5.2p per share on a risked basis. On an unrisked basis we

value the project at £109.1 million or 14.0p per share.

Https://www.uogplc.com/uk-central-north-sea/