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Sometimes some people need reminding and at least I took the time to post something positive and sensible instead of a stupid response like that Micky. Well done though, have a star . ⭐️

Anyone reading the below extracts from official RNS's that thinks the outlook is a short term, low producing well has an agenda, plain and simple. Add this to the positive and regular comment on the company's X account and there is no suggestion anywhere that expectations are not going to be met. So carry on with your negative drivel on a company you have no financial interest in.

"The Andrews-1-17 well has a high chance of success and if proven commercial could be in production within literally weeks from spudding. Similar low-cost development wells nearby, typically produce initially at approximately 150 barrels of oil and over 200 thousand cubic feet of gas per day and can provide rapid pay-back within six months"

"Andrews-1-17 well has a geological chance of success estimated by the Operator to be 75%"

"Our first well in the United States looks to be a major success"

"The Andrews 1-17 well has been declared a commercial discovery"

"First oil sales have already been made"

"A follow-up Andrews-2 well location is currently in the planning phase, in readiness for early drilling as a result of initial Andrews 1-17 success"

"In an incredibly short space of time, the Andrews 1-17 well is contributing to our revenue stream and we await with high expectations on the result of our follow-up well, currently in the planning phase, targeting the same Hunton formation, a prolific hydrocarbon producer in Oklahoma."

Itsawrap, you are correct in your statement and this little point is conveniently ignored by Pboo in his argument. Wells in the vicinity typically produce 100-150+ bopd and there is absolutely no reason to believe the Andrews-1 well will be any different. They also produce quite large quantities of water initially which gradually depletes increasing the amount of oil that can be recovered. From what I gather from the RNS's we have seen to date, flow rates will not be confirmed until the full permanent production facilities are installed. I presume this to mean the gas being connected to the main grid and some sort of power supply cabled in. Presumably the pump is being powered by a generator and obviously this can only he a short term option. I do not think we will get any production update until all of this has been achieved and the flow rate optimisation complete. A few weeks away imo. The Reach Oil team seem to be more than experienced in this department and with a second well planned, I personally tend to believe our highly successful, commercial well will produce in excess of 100 bopd.

"A follow-up Andrews-2 well location is currently in the

planning phase, in readiness for early drilling as a result of

initial Andrews 1-17 success"

This strongly suggests that they are drilling a second well due to the flow rates being seen which are quite obviously better than some are trying to suggest. Progress at the Andrews-1 site continues with the installation of permanent production facilities and then optimisation of flow rates. I feel pretty confident these will mirror other wells in the vicinity, why wouldn't they?

pboo, you may call me whatever you wish, you are just a childish ***** who wastes his life commenting negatively on a stock he doesn't own. feel free to carry on if this is all you can manage to find to do to fill your time. in the meantime, i prefer to look at the facts and the potential of the andrews-1 well in comparison to other wells in the vicinity in the belief it would be very unlikely for a 'major success' to be anywhere near your 20 bopd. i will not respond to any further cr4p you post on here as it lowers me to the same level of life-wasting as you.

'The target for this well is the Hunton Limestone, one of the main hydrocarbon reservoirs in Oklahoma' and thatbtarget was hit successsfully. I expect in excess of 100 bopd, not 20 or 30. They would hardly be investing another $500,000 on a second 20 bopd well on the same licence, would they! Oil is already being sold and full production facilities being installed.

When it has been indicated in an RNS that similar low-cost development wells nearby, typically produce initially at approximately 150 barrels of oil and over 200 thousand cubic feet of gas per day that certain, known negative posters seem to think 20-30 bopd is all that will be produced from the Andrews-1 well. Actually I do understand, it's to encourage a lack of confidence and discourage any confidence. There's no reason why we will not see a 100 bopd and then put to bed the constant flow of negative posts.

I fail to see how you can refer to the assets as 'bull5hit' Kawasaki or blame the company for the situation they find themselves in with them. Biscathorpe is a proven discovery with a successful planning appeal that is now being contested by activists, West Newton a major discovery now awaiting the operators and Keddington, a small producer also awaiting operator action. The actual investment strategy by Union Jack has shown to be considerably astute in terms of successful outcomes on the discovery front but beset by problems out of their control. With government support and better operators things could be an awful lot different. The move into the US I believe will counter these issues and we should, as shareholders support it.

There seems little point in attempting to keep finding negative comments when everything seems to be going in the right direction, deflecting the abysmal situation emerging in the UK. Whether you feel the dividends are too small, the wages to high and the news to slow, that is the way it is and if nothing else, progress is being made to offset the desire to kill off any fossil fuel exploration and production in the UK and I feel thankful that the management here has seen fit to diversify and in good time. I do believe the share price will recover nicely and enter a new trading range as we get results from the

Andrews-1 well and confirmation the next one is underway. Good luck to all genuine shareholders, 2024 is looking far more positive for us than many of the other onshore UK companies.

Regarding the tax UJO will pay on the oil we sell out there.

The windfall tax applies to profits made from extracting UK oil and gas. The majority of the profits of the oil majors are made overseas and therefore outside the UK tax net. This will apply to all of the revenues coming in from the Andrews-1 well. US taxes will be applied which obviously increases the actual after-tax cash coming into Union Jack's bank account. I do believe we will do extremely well in the States, very pleased by the decision to move away from all the restrictions and delays seen so far on the company's UK assets. Nice also to have a pro-active, no-nonsense operator in Reach Oil too.

Aimdogs, I can assure you unequivocally that I am not posting as anyone other than myself however you may wish to think different. I believe you however, have been accused many a time of being Tom Winnifrith. Looking at your posting history and the stocks you have posted negatively on, I can understand the reasoning behind those beliefs. ChristineTaylor has a completely different style of commentary to myself and often has spelling mistakes in her posts. Additionally she did say on here a short while ago she had a terminally ill son I believe, something one should perhaps bear in mind when having a joke at her expense? Have a great weekend, or not, if you are Winnifrith 😉

Please stop affiliating me with ChristineTaylor or anyone else. I only post as myself, I have no need to comment under any pseudonyms or different avatars. My opinions are well known, I don't need them repeated and neither do I need to waste my time posting as anyone else. Incidentally, my spelling and grammar is somewhat superior to those who are accused of being me (no offence). I made the choice a while back to step back from trying to defend my investment and that of others due to the constant negativity by a few who seem to be interested only in drowning out all positivity. Regardless of comment on here, the company will do what they intend and I feel more than confident they will succeed. Thank you.

For all the complaining on here (mostly down to less than half a dozen who some are not even holders of this stock) there are few companies out there in this sector that can say they are profitable and debt free. There are also few that can state they have diversified into another country and in the space of a few months have a major share in a newly drilled, declared commercial, well.

In my opinion it is only a matter of time before the markets waken to these facts and the share price improves. Strong revenues are being gleaned from Wressle and today's upgrade to production facilities confirmation is further evidence of a continuing, long term, revenue generating asset.

Unlike many of Union Jack's peer companies, we are seeing progress on many fronts to compensate for the assets that remain in limbo. This management are not resting on their laurels, they are being extremely pro-active in their efforts to bring the much needed shareholder value we all want to see. I feel confident this will be achieved as the USA activity increases and revenues continue to grow.

2024 is like no previous period in the company's history and there is no apparent reason that I can see to continually slate the management. We could be all sat here with the likes of Steve Sanderson to moan and complain about. And his salary almost outweighs the whole of the Union Jack salaries combined whilst the company are producing and doing nothing.

You both continue to be negative on these accounts without actually understanding why the numbers are as they are. 2023 was not 2022. In 2023, oil was not at $100 a barrel, Wressle was not producing a high volume of oil and was shut in for three months producing no revenue, the dollar - pound exchange was not as good. All in all it was yet again an exceptional year for the company. Heid, you state a salary increase? There is NO salary increase, you obviously cannot understand plain English. It was a one off payment to compensate members of the board for not being in receipt of a pension or any other benefits normally afforded by a company to its employees. It is stated quite precisely that salaries will revert to previous levels.

Pboo, you continue, as you have done for many years, to try and turn any news negative.

For all the anti-fossil fuel attacks on oil companies by this government, by activists who are appealing the successful planning applications, the energy profit levy and other restrictions placed on drilling and exploration, it is a considerable achievement for any company to show a profit for last year.

Union Jack remains one of the few to not only present its shareholders with an excellent annual report, it has paid dividends, it has reduced the shares in issue and it has expanded its operations into the USA where it is already generating revenue from their Mineral Royalty portfolio and a successfully drilled, producing well. Know any other Aim listed onshore UK oiler company achieved so much? No, I doubt you do.

Desperation Pboo? The leaky ship as you call it was from the brokers as everyone pretty much accepts. The company did not leak a placing. Crashing the share price was hardly going to help them or shareholders. Keep on though, you are as bad as Winnifrith.

Good morning Pboo, you are very wrong. Tom Winnifrith is rarely correct when it comes to Union Jack. Do you not recall he stated Union Jack was going to place and they instead announced substantial revenues from Wressle? He has called Union Jack wrong on most occasions in the past and he has done so again in his latest personal tirade against David Bramhill. He actually states in this podcast, 'Union Jack is generating no cash' . Perhaps you should listen to it before assuming . Winnifrith has a personal vendetta and uses any opportunity he can to slate a profitable, debt free company. You are making yourself look more foolish than ever.

Is seriously impossible to maintain on here with some people's cr4p. Incessant and unnecessary. The company has engaged two impressive PR companies to represent them, one actually decides if their clients are worthy. Let's hope they don't get to read this bulletin board. Serious investors don't keep trashing their own investment. The company is going all out from what I can see to bring value to shareholders and people on here should support them in what I perceive to be a very shrewd decision to move away from a major UK interest.

In all honesty I stopped bothering to post on the bulletin boards in view of the constant drivel, the accusations of being someone else all the time, it became rather tiresome. There is a great future here for shareholders once the United States investors wake up to what this little company are doing, David Bramhill made an excellent decision to start looking elsewhere and credit to him for not taking us into Africa or Afghanistan, countries full of risk. I retain a strong shareholding here but defending it daily is quite pointless. Good luck with your investment, I am sure it will do very well for you in time.

I only post as THEAIMCASINO, I don't post under any other avatar as that silly beatch keeps suggesting. I have no need to. I am still 100% positive on UJO, I am just too involved in other stuff to post here frequently. Great news so far this year, good luck all.

Don't do it Christine, 😬. Oops, a comma 😂