Member Info for reaction

I am very much looking forward to the CPR for Wressle.
Could well be an abundance of oil over and above what was first anticipated. They haven't even opened the choke half way yet. We can bring getting on for 1000 bopd to surface and may well be more ;) on this restricted choke/equipment upgrade in hand.
With a good field development plan I have to wonder how many wells we will produce from.
Wressle could well turn out to be the Holy grail. Certainly set to reward the faithful.

Bonkers cheap, absolutely Bonkers !
33-1

About to bounce hard imo.

I wish I had more funds to put in here. This gonna bounce like only an AIM stock can.
It really is a bargain. Criminally cheap. Just buy whatever you can realistically get your hands on I say. Feel very sorry for the sellers as this starts to ascend now.

A massive well done to all at UJO.
I cannot be any thing other than impressed by your achievements on this.
As a share holder I now look forward to the financial rewards that we made this high risk investment for.
What a period in life this has been. Well done all genuine holders. I will say, I wouldn't want to go through it again though.
Let the cpr be done and the reserves put onto the books.
Now let the re-rate begin !

Cushing oil in U.S may run dry within weeks it is stated. People familiar say we could see a super spike in oil prices.

50 bcf will do for a start. Throw in a quadrupling of the Gas price and it is like 200 bcf money wise.
Looking forward to a cpr on this W/N Gas and Wressle. Hope we are not diluted out of sp increase. Has always been the business model to do so. Can only hope the business model of beat the shareholders to it, doesn't get used again.
As a share holder I would love us to see a positive return on our investment. For all.
Not to shabby given the new Gas prices. I can dream.

https://www.mirror.co.uk/news/world-news/breaking-major-explosion-fire-huge-25166643

DB's locked himself in his pyramid and he won't come out.
Are we up the Nile without a paddle ?

We must remain faithful. We must believe in DB'S divinity.
We must work to complete the pyramid that will see him ascend, and the share price with it. GLA.

Hi CaneToad, Well I would have to agree there. If West Newton wasn't fully licensed it would certainly explain why there was never any thing in the share price for the project other than it's cost's. One less burden for now. Perhaps the SP can move forward now that such uncertainty is out of the way. Over to Rathlin/RBD now.
On wards UJO oil can go now hopefully.
It's nearly the end off the week and another $100,000 U.S in the bank. Glad that's not $50,000 U.S ;)

I take great comfort that the delay caused by the Council with regard to Wressle, as it is now seeing the oil sold at more than twice the price it other wise would have been. Karma !
West newton decision noted. Oil/Gas price trend noted.
Wressle will make this company fortunately. Shame about West Newton given the time money and effort they allowed us to spend. Makes you wonder why they even granted a licence in the first instance. What was the point. Glad it is only a small % of our portfolio. UJO Still looking in pretty good shape imo.
A profitable company.

What a week that was. So pleased that UJO have a solid / viable / focused business model that will concentrate on the current assets. Very good to see directors buying in. The business model looks to have a solid root to success.
I can only see us making good solid progress from here.
Wont be to long before the BOD and the share holders will be able to have a good old spend up at this rate.
It is all a step at a time. But I firmly believe the good times are coming. For ALL of us.
Another week another $100,000 U.S ah !!!
All is well.

Piece of work.
You don't need to do this David. Salvage what is left.
Stop the placing.
Let's have a win for the share holders ;)

Be nice for the share holders to have a win.

Be nice for the share holders to have a win.

I am looking beyond a day or so. A lth.

It is good to be making a $100,000 U.S per week net to UJO from our 40% interest and that is Just from Wressle.

It is good to be making a $1000,000 U.S per week net to UJO from our 40% interest and that is Just from Wressle. This share price will explode upwards once the news of Wressle spreads. We are making this from just a single well every week and restricting the the flow by 50%, Yes just the one well, Just the beginning. Gonna need some more oil storage tanks (large size).
The real deal. You want multi bags. Well here it is. All you got to do is take it.
The UJO Bank account is awash with cash and expanding by the day.
Fantastic assets cash rich.

Don't think Dave B or a council will be able to set the flow rate as such.
Nature will dictate the optimal flow rate to protect the integrity of the well. We do not want it to collapse or become flooded or any other problems with the well / Health & safety. I can only imagine UJO agreed to limit the well to 500 bopd as thees flow rates which are far in excess of the original anticipated numbers, to appease the people at the council with the data to hand at the time. Ultimately with due respect to all concerned it is not up to any of us within certain parameters (give or take some of the production). It is up to nature.
There can be no doubt that today's RNS is incredibly good news for UJO share holders and it's partners.
As the field is developed how many bopd will it produce.
Credit where credit is due. They have blown the bloody doors off ! Well done.

https://www.londonstockexchange.com/news-article/UJO/wressle-update-pedl180-and-pedl182/15142219