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From
https://drillordrop.com/2024/05/03/uk-onshore-oil-and-gas-production-in-charts-february-2024/
Daily onshore oil production rose 2%, despite a 28% drop at Wressle, the country’s newest onshore oil producer.
Why is David not buying back more shares now at 23p ?
For the same reason he did not buy shares at 15p
Share buy backs do not work unless you cancel them. Investors are always worried that they could be dumped into the market when funds are tight.
Same as dividends, the share price nearly always falls back once the dividend is paid.
Ct5
How can it be a major success when testing is still on going. When and if they release an RNS informing the market that substantial oil is flowing, then you can call it a major success
The actual drilling of the well might have been a major success but there is doubt in that, as they stopped 600ft short of the announced target depth.
CT5
You should not listen to the idiots that post on here.
I have never camped outside Horsehill.
When in the area on business I would pop by HH and take a look to see what was happening and take a few shots.
I did the same at West Newton and Wressle when in the area.
CT5
Fact is you have not got a clue if I hold UJO shares or trade UJO shares.
Just like you know very little about oil well completion.
I wish you well with your shares but it will be down to luck if you actually make money.