Member Info for luckyman2

Certainly does a bit of research.
Old Video.

https://guerillainvesting.co.uk/2019/01/09/union-jack-oil-gas-little-known-fact-west-newton-is-a-gas-discovery-target-0-25p-0-50p/

My 400000 buy shown in red as well.

This is just great. imo
looking forward to Monroe Swell drill now.

Our SP is well and truly underpinned now.

FRACTURES are good. very good indeed. imo

Thats even better then.
435 bbls/pd our share @ $ 61 pbbl = WOW

Wow thats great news
An extra 240 bbls/pd net to us and gives a total of 375bbls/pd @$61 per bbl .
What a great start to 2019.
Now onto Monroe Swell, Colter and West Newton.

operations update

GSA on Monday?
Wont hold my breath.

RNS on Monday morning with an operations update. imo

Colter was discovered in 1986 by the 98/11-3 well, which encountered a 10.5m oil column in the Sherwood Sandstone reservoir, the same play that has proven to be so productive at Wytch Farm. Based on the results of pre-stack depth migration reprocessing of 3D seismic data, significant potential lies updip of 98/11-3, which was drilled to the south of the Colter structure. The new Well will target this potential. In a Competent Person's Report, ERCE assigned gross unrisked mid-case oil contingent resources of 4mmbbls to the section proven up by the 98/11-3 well, and gross unrisked mean-case prospective resources of 15mmbbls to the rest of the structure extending to the west. As well as the Sherwood Sandstone target that is the main reservoir from which Wytch Farm produces, there is also potential in the shallower Jurassic Bridport Sandstone which is in production at Wareham

Getting easier to get permits to drill.

https://oilprice.com/Latest-Energy-News/World-News/Republican-Senators-Introduce-Bill-To-Boost-Energy-Development.html

Should be in location on Monday.

https://www.bournemouthecho.co.uk/news/17383696.ensco-72-oil-rig-on-its-way-to-the-bay-off-bournemouth-and-poole/

Whats excellent news?

Remember if VG-4 gives us an extra 100 bbls/pd our total share is 235 bbls/pd
which gives us an income of over $ 5 mil a year at current oil price.
Not bad for starters.( Bread and butter)
All the rest is JAM and once discovered will be sold on to highest bidder.
Yum Yum.

Thinly bedded?
Is that 1ft or 3ft or even more ?
What size is a thinly bedded ?

Levelup

When did he say that.
Can't recall him saying that at all.

Nice move back up

Not looking good is it?
Will be interesting to see where we close today.
Usual 5% drop i suppose.

Still drifting down again.
JP will have to issue an RNS soon to prop us up again.
Maybe an update next week. imo