#UJO Union Jack Oil – West Newton A Well Site Planning Decision September 30, 2021 – Posted in: Union Jack Oil (UJO)

Union Jack Oil plc (AIM: UJO), a UK focused onshore hydrocarbon production, development and exploration company offers an update in respect of the planning application for the West Newton A well site expansion (the “Application”). The East Riding of Yorkshire Council Planning Committee has elected to decline the Application.   Further updates will be announced in due course. For further information, please contact: Union Jack Oil plc  Info@unionjackoil.com David Bramhill SP Angel Corporate Finance LLP   +44…

Continue reading

#UJO Union Jack Oil – Total Voting Rights – Posted in: Union Jack Oil (UJO)

Union Jack Oil plc (AIM: UJO), a UK focused onshore hydrocarbon production, development and exploration company, announces that in accordance with the Financial Conduct Authority’s Disclosure and Transparency Rules (“DTRs”), the total issued share capital of the Company with voting rights is  112,715,896 ordinary shares. There are no shares currently held in treasury. The total number of voting rights in the Company is therefore  112,715,896 and this figure may be used by shareholders as the denominator for the calculations by…

Continue reading

UNION JACK OIL #UJO – CORPORATE PRESENTATION, 2021 September 28, 2021 – Posted in: Blog, Union Jack Oil (UJO)

28th September, 2021 – Union Jack Oil plc (AIM: UJO), a UK focused onshore hydrocarbon production, development and exploration company is pleased to announce that a new Corporate Presentation (“Presentation”) has been published on the Company’s website at: www.unionjackoil.com   The Presentation incorporates cutting-edge videos, design and graphics to enhance the descriptions of our key projects. The Presentation focuses principally on the Company’s key projects at Wressle, West Newton and Biscathorpe while also progressing its other…

Continue reading

#UJO Union Jack Oil Plc – Director Dealing September 23, 2021 – Posted in: Union Jack Oil (UJO)

Union Jack Oil plc (AIM: UJO), a UK focused onshore hydrocarbon production, development and exploration company announces that it has been notified that Mr Joseph 0’Farrell, Executive Director of the Company, today purchased a total of 211,000 ordinary shares of 5p each in Union Jack (“Ordinary Shares”) at a weighted average price of 23.62p each. Following this on market purchase, Mr O’Farrell is the beneficial owner of 1,897,914 Ordinary Shares, representing 1.68% of the total issued share capital.    For further information, please contact:  Union Jack Oil plc    info@unionjackoil.com   David Bramhill     SP Angel Corporate Finance LLP     +44 (0)20 3470…

Continue reading

UNION JACK OIL #UJO – Placing Raising £3mn – Posted in: Blog, Union Jack Oil (UJO)

23rd September, 2021 Union Jack Oil plc (AIM: UJO), a UK-focused onshore hydrocarbon production, development and exploration company, is pleased to announce that it has raised £3 million by way of a placing of 13,636,364 new ordinary shares of 5 pence each (“New Ordinary Shares“) at a price of 22 pence per New Ordinary Share (the “Placing“). S.P. Angel Corporate Finance LLP (“SP Angel”) acted as Financial Adviser and sole broker on the Placing. Placing…

Continue reading

UNION JACK OIL #UJO – Wressle Update PEDL180 and PEDL182 September 21, 2021 – Posted in: Blog, Union Jack Oil (UJO)

21st September 2021 – Union Jack Oil plc (AIM: UJO), a UK focused onshore hydrocarbon production, development and exploration company is pleased to offer a highly encouraging update in respect of ongoing operations at the Wressle hydrocarbon development (“Wressle”), located within licences PEDL180 and PEDL182 in North Lincolnshire, on the Western margin of the Humber Basin. Union Jack holds a 40% economic interest in this development.   Highlights ·    Instantaneous flow rates from the Ashover Grit reservoir of 884…

Continue reading

Union Jack Oil #UJO – Further Response to Market Speculation September 20, 2021 – Posted in: Blog, Union Jack Oil (UJO)

Union Jack Oil plc (AIM: UJO), a UK focused onshore conventional hydrocarbon production, development and exploration company, notes recent market speculation surrounding the vendors of a 25% interest in the Claymore Piper Complex Royalty Units that the Company intends acquiring that was first disclosed in the Interim Results released on Monday 13 September 2021. The Company confirms that the vendors in the proposed transaction are two North American financial entities that are not associated with…

Continue reading

Union Jack Oil #UJO – Response to Market Speculation September 17, 2021 – Posted in: Blog, Union Jack Oil (UJO)

Union Jack Oil plc (AIM: UJO), a UK focused onshore conventional hydrocarbon production, development and exploration company, notes recent market speculation and confirms that it is considering a potential equity fundraising to assist principally the funding of the proposed purchase of a further 25% interest in the Claymore Piper Complex Royalty Units as disclosed in the Interim Results released on Monday 13 September 2021, to upgrade certain producing assets to enhance cashflow and to progress…

Continue reading

Union Jack Oil #UJO – Unaudited Results for Six Months Ended 30 June 2021 September 13, 2021 – Posted in: Blog, Union Jack Oil (UJO)

13th  September, 2021 – Union Jack Oil plc, a UK focused onshore conventional oil and gas production, development and exploration company, is pleased to announce its unaudited results for the Half Year ended 30 June 2021. Highlights Wressle oil production, following successful proppant squeeze of the Ashover Grit reservoir, significantly exceeding initial expectations of the 500 barrels of oil per day well deliverability projections From 19 August 2021 to 9 September 2021, Wressle has contributed…

Continue reading