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the year end results to December next week. It is also likely we will see a solid, forward looking statement with the revenues coming in. Oil revenues for 2021 up by at least 700% and this year obviously going to dwarf that. I see no reason Biscathorpe will not be approved this year and commencement of operations at West Newton. Possibly a side track at Keddington too. All in all, the company is in fine shape and this will continue for the foreseeable future. The SP has been volatile for a few years, a traders dream, today for example, the 5%'rs could have had a field day. What I feel is certain however is that with a million bucks plus coming in every month, this will become a reasonably safe investment as we drift towards another recession and all the problems world wide all seeming to be coming together to create an almighty sh*t storm in the markets. .

Ruth Hayhurst's article today! https://drillordrop.com/2022/05/10/lincolnshire-oil-schemes-will-not-help-energy-crisis-say-pilgrims/?fbclid=IwAR031fzl320SxC7J6j9G-YvLj9Ya2ibQCVRyuL3UjA5U4Adgt0SmdGf1pM4

What a mixture of odd comments!

Amanda may not be aware of taxation, but others on this site have been calling for a windfall tax on oil companies! UK tax is paid on UK profits, Amanda. Where do you think the £1 billion provided to help those in real difficulties with cost of living comes from? Not from imported oil.

And, rapid development of renewables has not protected us from high energy prices, and has another £150B to be added to our energy bills to pay for new nuclear to support unreliable renewables. Unreliable renewables do not become reliable by having more.

As for the environment, then the CCC stated quite clearly in February that UK production has a lower carbon footprint than the international average, so to preclude UK production whilst imports are to continue well past 2050,is an environmental nonsense.

Threatening chalk streams? Do a bit of research. The most famous chalk river, R.Test, has an oil extraction site close by. No issue. What about all the wild birds minced by wind turbines? I know land owners who refused to have wind turbines on their land due to such environmental nonsense, until they were told they would be guaranteed £150k net profit per turbine per year whether the electricity was required, or not, so that the Government of the day could state how they were such a success! The cost was then just added to energy bills.

The oil price is currently no higher than it was before the war in Ukraine. The oil price is high because the world has suffered a pandemic and oil companies cut back on development, especially in 2020, and now the world is opening up again, there are supply shortages. Yes, they will be exacerbated by the war, but the price was already high. So, what is needed is extra supply, and that will increase further as an oil embargo for Russian oil starts to bite.

Then there is the “size” card. Sorry, I know it has been added to the list, but it is a nonsense. If size is insignificant then actions every individual may make are insignificant, and therefore not worth bothering with. Forget a wind turbine, as the output of one is not worth a candle-and that is what might be needed when the wind stops.

UK energy that was so “secure” is now shown to be so insecure that the remaining coal fired generation has been requested to prolong their lives. With, imported coal.

Transition should be, in my opinion, taking steps that are seen to make a positive difference, even if not huge. Then, the next steps that may be larger, are more likely to gain acceptance.

I am and have always been for free speech. It is a basic right of every person in the UK. The purpose of a protest is to get your opinion across to others. It is 'others' who can then decide on whether they wish to support it. Stopping people getting to work, going about their daily business, delaying ambulances, public transport etc is not, in my opinion acceptable and this is what these activists do. And this is what needs to be stopped. Wave their banners outside courts, chant, knock on doors, drop leaflets, but don't expect any support from people you inconvenience. Pete has and should have every right to stand at the gates of West Newton, but neither he or his followers should be allowed to get away with lorry surfing, slow walking or lying in the road stopping the working man earning his living.

No more lorry surfing or pinning yourself to the West Newton gates!

Boris Johnson’s government will seek to tackle disruptive protests head-on with new laws that will allow sentences of up to 12 months in prison for those who “interfere with key national infrastructure” such as airports or printing presses.

A new public order bill to be included in Tuesday’s Queen’s Speech will target protesters from groups such as Extinction Rebellion who have brought disruption to the country in recent years.

The legislation will create new criminal offences of “locking on”, or even “going equipped to lock on”, to prevent people from fixing themselves to building sites or transport systems to cause disruption. This will carry a maximum penalty of six months’ imprisonment or an unlimited fine. It will also become illegal to obstruct major transport works such as the High Speed 2 rail link from London to northern England.

Maybe you should counter her offer and do the same, make it a real challenge lol

I can answer that RNStranslator.

Covid, Brexit, Cop26, planning refusals and delays, placing leaks, protestors and political manipulation on home produced power. These things are changing, Heid will likely be correct or very close with her £1.00 prediction this year. It takes a lot longer for a share price to recover than it does to drop. UJO does appear to be one of the better offerings on AIM within this sector now and even you have to see this, whether you like to admit it or not. These would appear to be less and less for you to pick on.

pretty much covers/exceeds the total wage bill for all the directors at Union Jack for a year.

DB takes far less than Steve Sanderson for example and has achieved far more however some may like to argue that.

For all the grief and issues over the past few years, the company has turned a massive corner in the past accounting period with 2022 set to be their finest year. Profitable, strong revenues and considerable opportunities to substantially increase them.

I think it would be more than fair to suggest that the next 10 years, Union Jack will be an extremely safe place to put your money.

The climate activists are retreating as the government are slowly being turned away from net zero. People will have no sympathy for the likes of Hamilton camping in their neighbourhood trying to delay West Newton and other projects when their heating bills outweigh their shopping bills (which is already the case for many). The 'heat or eat' scenario is already in existence, the government have realised that they have to some how correct this. They are about to give the go ahead for coal mining, they are directing councils to pass planning for oil and gas. Think back a few years ago before Greta, fuel prices were manageable, people could eat and keep warm, it was a reasonably comfortable country to live in.

Biscathorpe will almost certainly be passed, this could be one of the biggest discoveries alongside West Newton and Union Jack have a massive 45% of it. The area surrounding it is all countryside, the locals will give Pete and his mates short thrift. Biscathorpe will not be a costly exercise to drill and produce from.

Keddington can produce far more than at present, again, a low cost operation to increase flows.

However you perceive this little company, you cannot ignore the facts or the future.

Those that keep coming back her trying to trash sentiment, insult the management, attempt to confuse and deceive have their own agenda and it is not in the interests of real shareholders.

You do not keep slamming your own investment, if you are unhappy you are positive so in order to attract new investors to allow yourself to get out at the best price, if you are happy you do the same to increase the value of your investment. Anyone posting on here to the detriment of UJO are quite simply not shareholders and should be totally ignored. The writing is on the wall, Union Jack Oil is now a profitable, cash rich company with some potentially game changing assets. Nothing to be negative about!

has an agenda. Investors/shareholders want to see a gradual and prolonged increase in the SP. Traders want it to go up or down dependent on their position. RNSTranslator however has a personal grudge against the management of UJO and Reabold. He is persistent in his efforts to damage sentiment. He perpetually pulls every RNS apart regardless of how positive it is. He has an agenda which requires him to attack anyone who sees anything good in either company. He is ex-management, big time loser or someone that has serious issues with the companies operations. Whoever he is, he will be known to UJO and Reabold.

I don't think Tos*ser is a Welsh name Heid, he must be one of them ;0)

Aree you a Davis Roy? Or a Jones? Or perhaos a Williams? All good Welsh names.

For someone who accuses others of bullying, you are doing a real good job on your own! Yesterday you were reporting me for suggesting you took drugs amongst other things, maybe you should go back through your posts today and hang your head in shame.

I don't think these 'paid for' articles have much impact on the share price, they are more just a recap of events. I do think maybe it's time for DB to do an interview, much prefer more up to date comment from the horses mouth. Things have changed dramatically since all the bluster of past events and I personally believe Heid's quid will be seen this year. It's not a gross over-estimation given the revenues and the potential asset advancement. 8 months of progress left.

and that is Union Jack Oil will go up in value, it cannot continue to be restrained.

2022 has seen positive RNS after positive RNS and apart from the North Kelsey issue which will almost certainly be overturned under appeal, as will Biscathorpe, with the revenue stream from Wressle it is a case of patience. A word that has been used many times in the past but never has the company been in such good shape.

This year we could see a small dividend, granting of planning for Biscathorpe, commencement of drilling at West Newton, side track at Keddington, gas monetisation or commencement of works for that at Wressle. A fantastic 2022 imo.

Can you get me a job with you on the Severn Bridge polishing the cats eyes Roy?

Poor olf Heid
Now she's toast
The Welshman Roy
Reported every post

Roy saw Heid as a BB pest
But she then revealed her ample breast
Roy went red
Went off to bed
He said to have a rest ;)

It matters not what the company does as you will, as usual, find fault with it as you do with just about every RNS. Wressle is, in my opinion, far better than you suggest. I believe with the other target zones this will be very productive, long term revenue generator for Union Jack. Why you have to spend all your time trying spouting negativism on here suggests you are hardly unbiased in your opinions. I do believe you will be proven wrong on all fronts this year.

RNSTranslator, if they go the way I believe with a dividend, will you feck off?

They could easily put £1.5-2m to a dividend, knowing that two months or so production would replace it. My view is that this would be a serious attraction to an institution that would soak up all the traders and weak holders. Those shares would then remain in sticky hands as the dividend would ensure their retention. This would have a substantial effect on the SP imo. Far greater than a share buy back that will be forgotten about and allow the traders to keep on damaging the company.

in a dividend payment will be it will attract the attention of institutions. This in turn will show in the SP. I prefer a divi payment for the longer term strength in the company.

Even if West Newton needed a £10,000,000 kick start, that is only 1.6M from UJO, two months production at Wressle to recoup that. By the time they start and need cash, Union Jack will likely have £10M of their own in the bank. No worries here any more.