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here are a mix of site protestors who's only opportunity to try and damage the company via social media, a number of UKOG investors who for some reason are exercising their jealousy and some with an agenda to keep the SP as low as possible.

The company has now proved itself as a PROFITABLE entity, this asset alone bringing in 4 times+ the whole of last years revenue in just 8 weeks.

We now have a fully financed company, an asset producing what will amount to at least £5,000,000 annually along with their other producing assets.

Ignore any dross from here on, that is all it is!

and this is with a substantial choke on the flow.

The site is already under upgrade status, in order to be able to produce way more than was ever anticipated.

All the noise the past few weeks about no tankers, poor flow rates and every other bit of bullsh*t spread by our resident activists has been silenced. $1,000,000 NET in two months, that's ummm, errr, $6,000,000 annually on restricted choke rates alone!

"Well in excess of the prognosed 500 bopd"

Getting the usual tosse*rs now trying to downgrade this lol.

Desperation setting in or what!

Wytch Farm on UK onshore production! And more to drill, this takes Union Jack Oil to a new valuation. Well done David Bramhill, after all the abuse you have taken, you have presided over a massive success for the company and much more to come.

ROLL FORWARD BANG POP SEIZE UP TOWED AWAY SCRAPPED!

How much again? $1,000,000? Oil flowing freely?

https://www.londonstockexchange.com/news-article/UJO/wressle-update-and-us-1m-net-revenues-reached/15188318

the decision goes against it, the council will just end up following suit with Wressle. Major costs against them. It is a very similar operation, it would be very foolish to turn it down. However, luckily for UJO and Egdon, lots of other near term revenue generating assets to develop whilst waiting for a government inspector to overturn any negative decision. Biscathorpe is not detrimental to revenues!

just why is there such a non stop barrage of posts against the company today, far more than normal. Is it that people are peeved at the likelihood Union Jack are profitable? That oil tankers are too'ing and fro'ing every day between Wressle and the refinery?

Stopstart =Pboo=Adrian lol, come on, it's so obvious what you are trying to do. Tankers have been recorded departing full of good quality oil. Are you suggesting the company are lying about the $480,000 too? Maybe the nomad is on it too lol.

RNSTranslator, i never mentioned net or gross? I am talking revenues. This is a landmark event for Union Jack, even with the Calmar payment, the lifting costs etc, the bank balance will be way ahead of previous years, the company will be a profitable entity. Are you Oilman Jim by any chance lol? The way you hammer this and RBD is almost as though you both share the same dislike of the two companies!

It reads a bit like Oilman Jim Heid, I agree. A bit of positive, dashed by the summary. Something new every day, almost as though the more the oil price goes up the harder these people try to bring UJO down.

Can't say over impressed with this. Union Jack isn't what I would call a risk stock with Wresssle revenues. I see two swampies up early too lol.

240 bopd @ todays rate of $85 per barrel = $24,000.

7 days x $24,000 = $142,800

$142,800 converted to sterling = £103,722.78

Sorry RNSTranslator, I added an extra 1200 quid in there. Bad of me ramping like that!

So over a year, a menial £5,393,584.56.

OK, bound to be some swings in oil prices, but it's fair to say that's a nifty revenue stream!

messaging to long term holder who has confirmed 3 x 200 barrel tankers per day leaving site over the past week. Lets assume on that basis minimum 600 bopd of which 240 are down to UJO. Thats $20,400 over 7 days equates to nearly £105,000! PER WEEK! Heid's million pound is in the bank I reckon. And more!

on the ball today lol the post I was responding to disappeared by the time I finished writing :0)

It has already been confirmed as highly profitable by the cash revenues that have come in at the early stages of clean up. There have been a number of tankers arriving and departing daily. Whilst yes, an RNS status confirmation is required to 100% substantiate any claims of profitability, I think one could very well assume that Wressle is doing the business right now and when the facilities have all been upgraded, the choke is opened and the clean, free flowing, water free, clean oil starts filling those storage tanks, the financial stream to Union Jack will see it as extremely profitable.

"the lack of faith people have in him"

Yes, about half a dozen people have stated that on here of which three are probably site protestors who post here as they have nothing to do at the moment and three who are underwater and need someone to blame!

So Mirasol, why, if the SP has dropped like that, are people like you and a number of other non-investor types here every day helping it down?

Union Jack Oil are the best positioned of all their JV partners and that is a fact.

Fully financed, substantial revenue generation from three producing wells, every prospect in their portfolio offering promise. No debt, no shale licences, no offshore 'hope for permission' assets and whether West Newton ever comes to fruition, a small percentage loss if not, a massive return if it is recoverable. Reabold disposing of their assets, Egdon made up mostly of shale licences and in hock to UJO, I believe my money has the most potential here than all the rest. Why are people hammering this daily? Hmmmmmmmm.

RNSTranslator, Flatearther and a few others have spent hours and hours trashing this company. As soon as a positive comment is placed, one of them is straight on here to try and discredit it. There's an agenda by this bunch to ensure the BB is visibly negative, from insinuation to personal abuse. When you look back, it's been leaked placing, this bunch arrive to commence their trashing and stick at it until they believe they have dragged the SP down to the lowest possible level. They then start disappearing and the new 'great company., massive potential from these levels' brigade arrive. It's been rinse and repeat for a couple of year but now the company is profitable, the tide is turning, they will need to find another tiddler to consume!

doing the abuse. Shows the calibre of the people hiding behind the avatars. Money is the root of all evil and that is certainly reflected here. Nobody is aware of what is going on in the background, so they assume nothing. Yet, they are aware that Wressle is free flowing loads of oil, site upgrades are underway and no doubt the board are planning the next steps towards taking this now profitable company towards more and more revenue. It's more than plain to see who has the issues, it's also plain to see the new posters who keep arriving and calling DB names are the same person. As Heid stated earlier, the UJO bank account has likely seen in excess of $1,000,000 over the past couple of months, look at last years accounts, thats about 5 times mire than the whole yearly revenue. Bear in mind Wressle is still on clean up, flow rate still severely choked back and upgrades under way to increase and stabilise this free flowing, water free clean oil. The SP will sooner or later, just like the oil, stabilise and increase whatever the negativity.