Member Info for SANTIAGO666

Where have you been all this time🤔 still holding?

Where have you been all this time🤔 still holding?

Hargreaves Lansdown AM (1) 105,493,438 16.07

Interactive Investor (1) 72,650,556 11.07

James Brearley & Sons (1) 44,785,559 6.82

Halifax Share Dealing (1) 39,794,718 6.06

IG Markets (1) 38,653,139 5.89

Directors, Employees & Related Parties (Combined) 30,824,849 4.70

A J Bell Securities (1) 28,511,227 4.34

Mr W SC Richards 22,193,296 3.38

Interactive Brokers (1) 22,044,253 3.36

Premier Miton Investors (1) 16,060,558 2.45

Jamaica

Walton-Morant licence: 22,400km2 | United equity: 100%

This is a 22,400km2 offshore exploration licence, located to the south of the island of Jamaica.

With extensive seismic data coverage, including 2,250km2 of 3D data, numerous plays and prospects have already been identified and mapped across the area – leading to over 2.4 billion barrels unrisked mean prospective resources being assigned to the licence. The drill-ready, high-impact Colibri prospect alone contains mean prospective resources of 406 mmbbls.

Egypt

Abu S. operated by Kuwait Energy Egypt)

The Abu Sennan licence is located in the Western Desert, onshore Egypt, c.200km west of Cairo. United acquired its 22% working interest in the licence in April 2020.

During January 2024 the Company received a Default Notice from the concession Operator. United has not remedied the Default and, subject to legal advice, intends to withdraw from the Abu Sennan Concession pursuant to the terms of the JOA.

UK Onshore

UK Onshore (26.25% working interest) PL090

Waddock Cross

PL090 includes the Waddock Cross oil field. The field was discovered in 1982 by British Gas with the WX-1 Well which encountered 22 metres of 29 API oil in the Jurassic Bridport Sandstone at a depth of c. 610 m TVDss. Egdon spud the WX-2 well in 2003, and completed it in January 2004. WX-2 also encountered a 22 metre thick oil column. Following acquisition of 3D seismic survey over the area, the WX-3 well was drilled as a horizontal appraisal well in 2005. The field was put onto production in 2013 through WX-2, but was shut-in in 2014 due to high water cut from this well.

The Operator Egdon Resources coordinated the completion of reservoir modelling work on Waddock Cross. The Operator estimates that Waddock Cross contains a significant Stock Tank Oil Initially in Place (STOIIP) volume of 57 mmbbls, and that a new horizontal well could yield commercial oil production of 500-800 bopd and c. 1 mmbbls recovery per well.

As of 31 October 2023, the Operator Egdon advises that they are progressing plans for restarting production at Waddock Cross.

Waddock Cross licence

Interest:

26.25%

Operational Phase:

Development

Operator:

Egdon Resources

c. 57 mmbbls

of Stock Tank Oil Initially in Place (STOIIP) (Operators latest estimate, April 2023)

Small trades gone through today

If it’s a blue day tomorrow it could break the resistance🤔

Few buys showed sell you may be lucky to see 2/3 % blue tomorrow

🐣 hard to get out of the shell

Are we clean now?

I’m not following this much what’s happened

Why did you get in the first place😂

What are you doing here it’s nothing until the end of the year

No helium project here

Holds 2.5 billion barrels That’s a gigantic any idea when they will start drilling? This can be easy 10 bags without helium project, All depends how long it will take

Let’s do a bit of research

This will be like HE 1

Really tempted

Come on mannnan Top up and I will buy some as well