Member Info for Rudey

Loz. Ignore Vernon. UJO are in Holmwood, not HH.

Holmwood planning is still in progress - just a Traffic Management Plan to get permission on. Wressle has been drilled, it just needs permission to produce.

http://webarchive.northlincs.gov.uk/councilanddemocracy/committees/planning-committee/planning-committee-agendas/planning-committee-1-august-2018/

Planning officers recommend approval.

Your post clearly shows the value of your input here, Vernon.

By the way, it's best not to read the comments on the DrillorDrop website. It's infested with selfish nimbys. Twenty minutes of reading their pathetic tosh will make you want to vomit. In my opinion of course.

This is better

http://webarchive.northlincs.gov.uk/councilanddemocracy/committees/planning-committee/planning-committee-agendas/planning-committee-1-august-2018/

http://webarchive.northlincs.gov.uk/councilanddemocracy/committees/planning-committee/planning-committee-agendas/planning-committee-1-august-2018/

https://drillordrop.com/2018/07/28/restoration-of-wressle-oil-site-not-commercially-viable-while-new-production-plans-are-pending-egdon/

Holmwood drill decision on 8th August mtfw? Not according this agenda:

https://mycouncil.surreycc.gov.uk/ieListDocuments.aspx?CId=122&MId=5902&Ver=4

In Ireland, production averaged 57 mmcf/d (9,426 boe/d) in Q2 2018, a 7% decrease from the prior quarter due to natural declines and minor plant downtime related to external electricity supply issues. We continue to work closely with Canada Pension Plan Investment Board ("CPPIB") and Shell on the transition of ownership and operations of Corrib from Shell to CPPIB and Vermilion. Transition has progressed well with all technical aspects being ready. We now anticipate receiving final approvals from the necessary authorities and closing of the transaction in the second half of 2018. Although this closing date is later than our original expectation, and will have a modest impact on our booked production, Vermilion will still benefit from all interim period cash flows between January 1, 2017 and closing as a reduction of purchase price.

Well done SAS.

29.99%! 22% premium! That's confidence, and looks good for Union Jack as you say.

You're not the only one who's astounded, Backwoodsman. This is miles undervalued currently. But seriously, we have the right people in charge mate. This little company shouldn't be a little company for very long.

From m.y experience of the many companies he's been involved with he'd be the one with the ten bagger. Which companies have you done well with when he's been in charge?

Backwoodsman, if Lenigas had anything to do with Union Jack, I'd be off 'toute suite'. I want a management I can believe.

You seem to be posting bull**** again Term.

That's a big accusation against Mix and the BoD, Term. Any proof?

As you point out Tac, isn't it nice that the trolls have disappeared from our bb (and UJO, EDR, IGAS etc.). Like a breath of fresh air. No doubt they'll be back...

In recent times I haven't been much of a fan of Holmwood, but things are changing quickly.

The government statement earlier in the summer, and government approval of the first fracking well in the UK earlier this week, suggest planning issues will now be dealt with more favourably.

Tuesday's RNS stating that a parking area to be included in the Traffic Management Plan was no longer considered by Europa to be necessary, was hugely significant too. I assume it is because steel plates are being used instead of shingle for HGVs on site, so the number of HGV movements to site is greatly reduced. It is because of the previous need for this parking area, that the planning committee have been able to refuse the TMP - the places offering to provide parking keep pulling out once their identity has been made public (I wonder if this is due to intimidation).

I believe it is considered that Holmwood should be more productive than Horse Hill. It'll be interesting to see what transpires there over the coming days. Our share price could be in for a jolt!

You never have really come to grips with share values, Vernon. One million shares worth a total of £1,000, are worth the same as 100 shares worth a total of £1,000. A 5% rise is a 5% rise, whether your shares are worth 0.1p each or £10 each. There is no logical reason why anyone in 5% profit is more likely to sell because individually their shares are worth less!

I expect the share price to increase between now and Biscathorpe spud quite significantly - the risk/reward looks very promising to my eyes.

Indeed Backwoodsman, but Egdon are the operator, and they've not been able to get things done as quickly as they'd hoped. I believe preparations for the Wressle application have dominated their workload recently, and Biscathorpe has come second.

I think Biscathorpe spud should be October, but I believe contracts are being signed and preparations are well under way.