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Do you not think the share buybacks, combined with the possibility of news at the AGM, the impending CPR and the possibilty if the Biscathorpe appeal results may not have added some value to the share price? And why should DB confirm to uou whether the company is/was in a closed period? If he confirmed it that would mean news due and everyone would buy in causing an even bigger lift in sp.

Heid accusing DB of intentionally spiking the SP now, boy who needs enemies. Why would he need to even do that?

Ha, knew you wouldn't stick it a week. I haven't mentioned you once as you requested and yet here you are again 😂

Are at the company's discretion so can't see quite why everyone is complaining. They have already decreased the shares in issue by quite a lot, there's no obligation to keep on buying, especially as we shareholders don't know what is presently going on in the back ground. Always a reason for things and most are not to pander to shareholder moans. You either trust the board of UJO to do what's best or you don't. If you don't, then sell up and move on as not trusting your management is not a good case to remain invested. Today's UKOG result bodes well for Union Jack as the courts were hearing not just from a council objecting, but the judge also rejected the argument by Protect Dunsfold group too. It's common knowledge the council objecting to Biscathorpe offered a poor defence and annoyed the inspector too. That licence has already been drilled so to now say it cannot be produced from would be laughable. The CPR was 'expected' in June, to date it has still not been published but there could be a multiple of reasons for that. ERCE may need more time to compile their data, things change all the time and as far as I am aware this well is still being tested. There is a lot of data to collect to come up with a long term prediction, GC took over a year from what I remember, everyone was shouting then, 'where is it'? Nothing in this industry hit's stated timescales, estimates sre always something to be taken with am pinch of salt. Wressle is simply an exceptional well that will keep putting cash into Union Jack for decades, allowing the company to progress on many fronts and remain a reasonably safe haven for investors imo.

I agree, the Gaffney report was totally misunderstood by the average punter, but it wasn't produced for the average punter to understand. Shore Cap interpreted it as fantastically optimistic as did others, we, the humble non-technical types did not. It actually added an extra 2.4 million barrels into the equation and extended the expected life with a little dip into the second year. Anything this new CPR contains will be little different and why there is such a great expectation on the content I don't know. It was forecast as in 'expected' in June, the Wressle well seems to be very complicated and it is most likely a case of things changing, which in turn extends the time required to complete it. It was never stated as it WILL be completed in June so its not late. As long as the oil is flowing and the cash pouring in, the future, when it arrives, should be good for shareholders. Personally I can wait for that day.

Whereas I could do that easy. You couldnt Heidi

Sounds like harassment to me 🤯

You prefer to believe an operator who you created offensive pictures about and slated after he took the time to respond to you Heidi, suprised he took the time to reply to you tbh. You stated yourself you should trade this, not me. Have you not noticed the volatility in the markets, the pound to the dollar, the ever changing oil price, the tax on fossil fuels, the withdrawal by institutions, banks and others from any link to oil/gas? And you expect the share price to rocket? With all this going on, I support DB in preserving the cash, not spunking it on moaning minnies who were grateful when divis were announced and now moaning they are not enough

Well at least you admit you are rude and opinionated Heidi, must he nice to live with. I think you are now trading this, so good luck.

I am fully invested here and want the best for the company and its shareholders. I do believe the CPR is being held back for some reason whether Heidi wishes to believe Mark Abbott or not. However, that’s just speculation on my part. As for Heidi, I have always supported her positivity but she has evolved into a rude, opinionated so called expert on all things oil. She doesn’t believe we will see any drilling this year. I think we will. That is an opinion.

In your opinion......

It was the reason for the rise, you just answered the rest in that statement.

Oh yes, your opinion again, nobody else can have one unless it aligns with yours. You must be pis8sing a lot of people off.

Thanks for youre sarcasm, I don't see Biscsthorpe or West Newton on the drill list, I would like to think maybe Keddington if Heyco get going.

You made predictions, £1 sp and oil $150, both miles out. Whilst I myself saw the SP much higher, I dont blame the GC report for that. There was a load of hype with the fracking, Egdon rose, they all did and ujo were carried along with it. Every analyst understood the report, the massive uplift in reserves was stated very clearly, it was traded up and back down. Maybe you should respect other opunions than your own.

A lot of people not impressed with your speculation on the oil price heidi, but it was an opinion. All entitled to an opinion are we not?

You on the board Heidi? You sound like you know more about Union Jack than they do. From crawling up DBs ass for two years you are now kickimg it. Presume your new tv bought on the back of the divi wasn't up to scratch then. I see the company doing well and oreserving cash in uncertain times is wise. You would have them placing again with your outlook.

Can't see that anywhere near within Union Jacks financial capability. The price to take out Egdon would not be cheap just for the Wressle valuation, never mind Keddington and Biscathorpe. The company would then also have the cost of getting rid of all the fracking assets, the 95% water Waddock Cross and numerous other costly liabilities. We would be talking multi-millions and people are complaining even when there's £10m in cash, revenue bearing assets and no costly liabilities. We are is a pretty good position as things stand and in time will pay imo.

To buy Egdon out would require funding, then the company would have a load of licences that need fracking, would also need to take out George Yates's share. Don't see it was ever a possibility. UJO fully funded with some great assets to develop as soon as JV partner's and operators pull their fingers out and start a drilling campaign and a fundraising campaign. Meanwhile the company are building financial strength.

What, and plunge the company back into debt and owning loads of shale licences?