UJO - Union Jack OIL

[Nen2319]

I saw that the above company have started to drill up in the Humber Basin and wondered if anyone on here had looked at them and what thoughts you had? I didn't find anything on search so thought I would ask directly?

Having been invested in HUR I found that reading the unbiased views on here especially from DSPP of the unfolding events saved me a lot of pain

info@unionjackoil.com
Union Jack Oil is a UK focused onshore
oil and gas exploration, appraisal and
development company. The company's
core assets include a 16.665% interest
in the West Newton oil and gas
discoveries in East Yorkshire, a 40%
stake in the Wressle field development
located in Lincolnshire and a 30%
interest in the nearby Biscathorpe play

[dspp]

I saw that the above company have started to drill up in the Humber Basin and wondered if anyone on here had looked at them and what thoughts you had? I didn't find anything on search so thought I would ask directly?

Having been invested in HUR I found that reading the unbiased views on here especially from DSPP of the unfolding events saved me a lot of pain

info@unionjackoil.com
Union Jack Oil is a UK focused onshore
oil and gas exploration, appraisal and
development company. The company's
core assets include a 16.665% interest
in the West Newton oil and gas
discoveries in East Yorkshire, a 40%
stake in the Wressle field development
located in Lincolnshire and a 30%
interest in the nearby Biscathorpe play

http://unionjackoil.com/ (NOTE: "DISCLAIMER: NON-INDEPENDENT RESEARCH")

"The directors believe that significant opportunities exist to invest in, or acquire, a company or companies or businesses or assets in the hydrocarbon sector. The investment strategy will have a heavy emphasis on acquiring late stage exploration projects where planning consent has been approved for drilling wells and to acquire minority production working interests onshore and/or offshore in the UK."

aka bottom trawling for plankton

run away imho

(I once looked at acquiring some of the UK stuff that they will be looking at, and nothing in the last 20-years makes me think the situation will have become better. Of course insiders may well make nice money out of it ..... )

More objectively it is una-analysable at this stage, ""I can calculate the movement of the stars, but not the madness of men" (Newton, ~1722)

regards, imho, dspp

[Nen2319]

Thanks for that DSPP - noted especially the quote from the South Sea Bubble!