Member Info for sniffer78

Below you posted this, now you say you hold. Wow

This BB is plagued with unrealistic dreamers who can't face the fact that they have made a bad investment when they bought Guild shares. In the real world most people are offloading them and accepting the fact that they made a mistake. Where are all the sponsors that Kal Hourd was promising? He ran away before the boat sank. They have had to lay off staff. Becks is now only getting 20% of merchandise sales and sponsorship deals so one day that might be nothing. Either a placing or bankruptcy. Awful loss making company

Yawn, bitter ex holder

Yawn, twisted ex holder

https://www.mcvuk.com/business-news/subway-future-talent-series-to-take-place-at-guild-esports-in-shoreditch/

“We are excited to further explore this and are looking to broaden the catchment area to bring these workshops to even more students and local communities. We have seen the positive impact from the first Future Talent Series, and are committed to expanding our reach with the Guild Academy.”

Only thing holding this back is current currency situation in Egypt https://www.reuters.com/markets/currencies/pressure-builds-egypt-devalue-currency-further-2023-03-28/

Consideration comprises:

- Initial cash payment of £2.45 million to United (c.US$3 million) at completion.

- An additional £1.0 million to be paid to United upon approval of an FDP (expected late 2023) for Block 15/18e.

- Contingent bonus payments of up to £2.25 million upon reaching gross production thresholds from the field of three, four and five million barrels.

The completion of the APA is subject to a number of pre-conditions including the North Sea Transition Authority ("NSTA") approval to the Licence acquisition and Quattro having available an amount equal to the completion payment of £2.45 million in cash. It is anticipated that completion of the APA will be within 90 days from this announcement.

prospectus is what the market is waiting on, what will the adjusted MCAP be. Once out in the open might take a bit of a hammering on publication of it.

17th Jan 2023 90 Day APA

April is a busy front for news flow

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APA Signed - Conditional Sale of Maria Discovery
Tue, 17th Jan 2023 07:00

RNS Number : 9036M
United Oil & Gas PLC
17 January 2023

United Oil & Gas PLC / Index: AIM / Epic: UOG / Sector: Oil & Gas



17 January 2023

United Oil and Gas plc

("United" or "the Company")



APA Signed - Conditional Sale of Maria Discovery



United Oil & Gas Plc (AIM: "UOG"), the full-cycle oil and gas company with a portfolio of production, development, exploration and appraisal assets is pleased to announce that it has entered into a binding Asset Purchase Agreement ("APA") with Quattro Energy Limited ("Quattro") to sell UK Central North Sea Licence P2519 containing the Maria discovery in Block 15/18e ("the Licence") for a maximum consideration including contingent bonus payments of up to £5.7 million (c.US$6.95 million) (the "Transaction") as set out below.



Consideration comprises:

- Initial cash payment of £2.45 million to United (c.US$3 million) at completion.

- An additional £1.0 million to be paid to United upon approval of an FDP (expected late 2023) for Block 15/18e.

- Contingent bonus payments of up to £2.25 million upon reaching gross production thresholds from the field of three, four and five million barrels.

The completion of the APA is subject to a number of pre-conditions including the North Sea Transition Authority ("NSTA") approval to the Licence acquisition and Quattro having available an amount equal to the completion payment of £2.45 million in cash. It is anticipated that completion of the APA will be within 90 days from this announcement.

Q1 2023 update due Around Mid April, hopefully update on workovers progressing GLA along with new net BOPD hopefully in the region of 800/1100 now GLA

ASD - 3 spud due anytime next week, ASD -2 was another good strike GLA

Highlights

· The ASD-2 well has commenced production at an initial rate of c. 2,100 bopd gross (c.462 bopd net), significantly above pre-drill expectations

· An exceptionally short turnaround time of just six days from well completion to production and revenue generation for United

· A rig has been mobilised to drill the second well in the 2022 drilling programme. This is the ASV-1X exploration well which is expected to spud in the coming days

· A fifth firm well has been added to the fully funded 2022 drilling campaign following completion of technical work and a sustained high-oil price

http://envoi.co.uk/projects/active-projects/americas/jamaica/

They have learnt a lot from ASH - 4 hence the statement below, and will learn even more from ASH-8 for future drills, all part of O&G

The ASH-4 well is located in the northern, more heavily faulted part of the ASH field and appears to have intersected reservoir that is separated from the currently producing wells. The additional data and insights from ASH-4 are already being incorporated into updating the models and building on our understanding of the field. The next development well planned at ASH lies in the southern, better-imaged part of the field, and is in a location independent of these updated ASH-4 results.

Group Cash balances as at 31 December 2022 were approx. $1.4m with Net Debt approx. $1.5m (2021 Cash balances $0.4m : Net Debt $5.5m)

ASH -8 has the potential to add net Rev of 700k - 1.1 million per month IMO, on past Abu well results ATB

ASH - 8 well potential to add 900k- 1.2 million revenue per month ATB

Sorry 50 million

He has sold 42.5 million ATB

Cheers Push, hopefully update next 48 hours ATB

4th March Completion

Push my guess liner casing 28th Feb/1st March. 2nd & 3rd March Clean up. 4th March Clean up