Still got to be a good buy at this price. 3 major news release to come. California wells going into production very soon , West Newton Core sample results followed by well test and Parta spud. All within the next Month .imo
5p + is easily achievable as Cali , west newton aa success ll we need is Parta to come good as well. Lets not forget Grizzly Island also has a 100 mil value to us if successful. So SP could easily get to 6p. imo
Yes its certainly looking good. California news could bring us up to 2p just before an update from West Newton which will take us even further onto new highs.
RNS Number : 0988D Union Jack Oil PLC 24 June 2019 24 June 2019
Union Jack Oil plc
("Union Jack" or the "Company")
Investor Presentation
Union Jack Oil plc (AIM: UJO), a UK-focused onshore hydrocarbon production, development and exploration company will be presenting at the upcoming Cassiopeia Investor Symposium from 6.30pm on Thursday 27 June 2019 at The May Fair Hotel, Stratton Street, Mayfair, London, W1J 8LT.
If we get flow rates from our California wells next week then i would expect the SP to surpass 2p. Then when we get our core analysis results then i expect the SP to get to at least 2.5p .imo. Thats my short term targets at the moment.
Well done i know how you feel being an ex offshore guy. Hang on in here and you will easily treble your money from here. No more offshore for you thats for sure.
I have already done that with RBD and UJO and am very pleased with both of them. I already have recouped some of my losses from SOU . Just wish i was brave enough to have sold all my holdings here.
S & S were too upbeat on Monroe Swell for not to have good flow rates. They even said there were lower targets as well that they will get at a later date. Probably waiting on a production permit.imo
No chance of me moving on till we get past 4p at least. Fully loaded with UJO as well Just would be nice to get an update on California though. West Newton is going to be massive and I am so happy to be part of it.