Member Info for Uggy100

canigou nobody has the slightest clue how much Victory will be sold for but everyone is entitled to their own opinion.
Selfish I don't see how anyone will make an offer for WN before a successful flow test on the horizontal well & in the unlikely event of it happening it would be a real low ball offer.
Finally with all the green boxes I'm seeing is the p word posting moe than ever ?

Yes they seem very confident about the Victory sale going through thank god.
In addition the presentation seemed to indicate that, in the event of a successful horizontal at WN, it will be up for sale forthwith. Also note that work has been ongoing with Parta although as mentioned earlier why oh why are we told at this juncture.

Sp in the doldrums today. A direct result of serial mismanagement by a clueless BoD. Shocking.

Ok tks Selfish, I hold ujo shares so I guess I'll try that route or maybe Rathlin.

RNST, when you say there is no oil leg I do reasoning however the fact remains that original gas in place has always been around the 200 bcf mark. They have however always insisted there were underlying liquids. If it was condensate estimated to turn to gas on extraction then the gas figure should be higher. As I said earlier I would loke to see some clarification on this. I've e mailed them but I never get a reply so not hopeful this time will be any different.

Smythery they really need to qualify the oul situation & it was very disengenuous not to do so at the presentation. I'm not surprised considering their behaviour to date.

Smythery I accept what you say but the wonderkids did mention oil in the past & to get better value for the asset need to proove that. They remain an utter shambles. I guess the presentation yesterday evening was also a damp squib, they remain truly hopeless & an utter disgrace. Their reputation seems to be in tatters whilst still maintaining unjustifiable salaries.

I'm hoping somebody asked whats happening with the oil zone at WN

Ok tks greg

Did anybody attend the presentation last night ?

Odins, no RNS so no update I'm afraid.

Yes, dreadful performance from the 2 dimwits. The Chairman should be looking for a replacement as our glorious leaders have proved to be overpaid & unfit for purpose. For those attending the AGM & the investor evening please give them the treatment they so richly deserve.

All I cany to that is your opinion is way off the mark.
I think my comments are valid & no I don't like S&S because of the mess they've created.
As there is no way I can be compared with the P word I respectfully suggest you belt up.

In addition, as recently as Jan this year RPS mention flow rates of 1000 bopd of oil/condensate could be possible from a horizontal well driled in the "OIL SECTION" of the reservoir.
We can only hope that the awaited cpr will provise some illumintion.

Looking at the conceptual development plans we are targeting 203 bcf of gas. This is in line with the volumes estimated after the A2 drill.
However in addition to gas said A2 well also indicated oiip at 145 mill bbls, so what has happened about the liquids ? Is it now regarded as being unrecoverable ? Has it evaporated ?
True to form the dynamic duo seem to have airbrushed it out, rather galling when you consider the .9 placing for their project Wallace specifically mentioned oil.
My opinion of the hapless duo continues to plumb new depths.

Heid I'm a holder here but almost hope that we don't make £1by year end if it means you leave & take your trolloing & monmental ego with you.

The dynamic duo deserve a hard time tbh, they have treated their shareholders with contempt for far too long.

Nigel.the eternal problem with our management is their refusal to keep us fully informed on all fronts. SW once referred to Parta as being as big as WN & the jv's inability to find a farmee is concerning to me. Perhaps a question at the AGM will shed some livht on the situation. Time to pin them down on matters rather than let them pick & choose what they answer from online questions.

We were all hoping for the 2 superstars to deliver for us. Unfortunately they have proved to be not up to the task.
I still believe the sale of C will go ahead but I will be interested to see how they explain away the disparity between the sale price & their much vaunted npv10 figures
Herein lies the issue with the sp, the market doesn't trust the 2 fools.

Don't know quite whats happening here as a load of posts were deleted as I was reading them as I was reading. Just wanted to say that most of us here want to make a profit so why the fook does colour matter ? We'rre all human beings after all !