It’s Sunday and sentiment is turning on the future of Union Jack, and so it should! Here we have a UK based company that has moved out of the circle of companies who are regularly disappointing shareholders with placings, into…
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West Newton, fully funded and hot to trot!
Reabold’s presentation by CEO Stephen Williams at the Shares Investor Evening in Edinburgh confirmed the answer to a most important question over funding of the West Newton drilling campaign planned for 2024. After an extended period of little news, to…
Why West Newton will be drilled this year!
Looking at Reabold Resources, I feel more confident that West Newton will be drilled this year. Their Colle Santo project will not be as easy to finalise all the permissions and move to mobilisation as it will be to commence…
Union Jack and its Investment in Beacon Energy
Union Jack’s investment into Beacon Energy was done on the back of their drilling operation on the Schwarzbach-2(2.) well in Germany. Unlike normal investors, the board of Union Jack met with the management of Beacon and are familiar with their…
Reasons to Invest in Union Jack Oil
The biggest risk to your money in any AIM listed stock is their inability to raise finance. Whatever company you invest in will need to meet its financial responsibilities, choose the right assets and to develop them to revenue generation.…
Beacon Energy Fundraising
The more and more I see placing announcements, the more and more I feel my confidence in Union Jack strengthening. Beacon Energy announced after hours today they were undertaking a placing to raise £2,600,000 which is due to operational issues…
A one off comment on this blog!
I don’t believe I have ever seen such a vindictive, targeted attack on a company’s board of directors as what is going on by one individual on the London South East bulletin board. A shameful display of vindictive and unpleasant…
Some can’t see the wood for the trees!
It’s not hard to see that Union Jack Oil is progressing on many fronts in just the two months so far in 2024. 7 positive RNS announcements to date, a stunning CPR with a substantial reserves upgrade, the $18,000,000 revenues…
West Newton is a GO!
Today’s RNS confirmed a revised drilling plan at its West Newton asset, utilising the West Newton A drilling site. It should be noted that the initial operation in 2013 encountered 27 metres of potential gas pay at the top of…
An unexpected surprise!
Today’s RNS, although intimated by David Bramhill, contains a few surprises unexpected by most, if not all! I personally have never heard mention of the Rotliegend, which is a geological formation found in northwest Europe, particularly in the North Sea…