Member Info for luckyman2

Well thats all the excitement over till we get an RNS from Rathlin.
Should at least get Wessel decision before xmas which if approved will be a nice xmas pressy.

It was the best deal on offer i presume.

Keeps paying their high salaries for years to come.

https://t.co/JEDpxygd3e?amp=1

One interesting tidbit I picked up – as the Christmas holidays are approaching fast, I suspect the EWT will not happen until January 2020.
I was hoping they would start the EWT this Month.

Glad not to be involved with Shale gas shares..
now all we need is an operations update regarding West Newton.

Less risk with UJO to get benefit of Wessel approval. imo

Tomspinner

Totally agree with you.
Now that fracking in uk is banned that should put a higher value on our assets as they are all conventional discoveries .
The majors will now take notice as where else onshore can they get their oil and gas supplies from as their existing supply dwindles away.
This could be very good for us when we come to sell up .imo

We are not involved with Fracking so don't panic
Got Wessel hearing starting on Tuesday
West Newton EWT shortly after as well.

Hearing on Tuesday
Might get a quick decision since the council have withdrawn their objections

Oiler87
Could very well be the case.
Not many companys that are only involved with conventional drilling onshore uk.
Plus Wessel hearing starts on Tuesday as well.
Could still do with an update on West Newton .

Thankfully we are not involved with fracking in uk.
West Newton is a conventional oil find

I am so glad we are not involved in Fracking
Looks like shale gas exploitation could be getting banned by Boris.

What makes you think that Boris will ban Fracking
Lots of investment gone into fracking plus lots of Jobs on the line

Some nice buys being added
They know what's coming

Nothing new to tell us but must be getting close to announcing some news.
Been so long since we got something exciting to talk about.

Its up to Rathlin and Reabold to get things moving.
They will have to update the market soon with their plan.
Transferring their funds over to Rathlin this week so might get an update next week.

Not sure what time.

just got to compromise on the price.
30 mil or 40 mil ?

It means we are still in business.
Will help us get financing if we cant sell our assets and have to go down the road of going to production ourselves.