Union Jack Oil plc is a conventional onshore oil and gas company with a focus on production, drilling, development and investment opportunities in the United Kingdom hydrocarbon sector. The company is listed on the London Stock Exchange AIM market (Ticker: UJO).
Our strategy is the rapid appraisal and exploitation of the assets currently owned. Simultaneous with this process, the Company’s management expect to continue to use their expertise to acquire further licence interests over areas where there is a short lead time between the acquisition of the interest and either exploration drilling or initial production from any oil or gas fields that may be discovered.
The Company currently has interests in 13 licences in our axis areas of the East Midlands, Humber Basin and East Yorkshire..
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The directors believe that significant opportunities exist to invest in, or acquire license interests or other assets in the hydrocarbon sector.
The investment strategy has a heavy emphasis on acquiring late stage development projects where planning consent has been approved for drilling wells and to acquire production working interests onshore in the UK.
The directors consider that the UK, with its stable economy, well regulated hydrocarbon market by the Department of Energy and Climate Change and a well established licensing system is an attractive country for direct investment in hydrocarbon projects.
Union Jack Oil has majority interests in West Newton, Wressle, Biscathorpe and Keddington.
Follow Union Jack Oil on Twitter @UnionJackOil or visit our website at http://www.unionjackoil.com
Media clip showing completion of Wressle 1 Well
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…
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…
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…
Alan Green talks about news from #COIN Coinsilium, Dekel Agri-Vision & #UJO Union Jack Oil on the Vox Markets podcast
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…
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…
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…
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…
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…
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…
31 August 2021 – Union Jack Oil plc (AIM: UJO), a UK focused onshore hydrocarbon production, development and exploration company is pleased to offer an update in respect of well test operations at the West Newton B-1z and A-2 appraisal wells located within PEDL183, operated by Rathlin Energy (UK) Limited. Union Jack holds a 16.665% economic interest in PEDL183, encompassing an area of 176,000 acres and located within the Western Sector of the Southern Permian Basin,…
August 24, 2021 – Union Jack Oil plc (AIM: UJO), a UK focused onshore hydrocarbon production, development and exploration company is pleased to provide a positive update on the extended well test operations at the Wressle Oilfield 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. Further to the announcement on 29 July 2021, the coiled tubing operation…
Union Jack Oil plc (AIM: UJO), a UK focused onshore hydrocarbon production, development and exploration company is pleased to provide a positive update on operations at the Wressle oilfield development (“Wressle”). The development is located within North Lincolnshire licences PEDL180 and PEDL182 where the Company holds a 40% economic interest. Operations to recomplete the well and reperforate the Ashover Grit reservoir interval have been completed successfully, safely and on schedule. Following the re-perforation and its…
29 July, 2021 Union Jack Oil plc (“Union Jack” or the “Company”) Wressle Operations Update Union Jack Oil plc (AIM: UJO), a UK focused onshore hydrocarbon production, development and exploration company is pleased to offer an update on operations at the Wressle oilfield development, located in North Lincolnshire, covered by the licences PEDL180 and PEDL182. Union Jack holds a 40% economic interest in this development. The Company is pleased to advise that the proppant squeeze…
21 July, 2021 Union Jack Oil plc (“Union Jack” or the “Company”) West Newton B-1Z Update Union Jack Oil plc (AIM:UJO), a UK focused onshore hydrocarbon production, development and exploration company, is pleased to publish an update in respect of the ongoing testing of the West Newton B-1Z well. The Company holds a 16.665% economic interest in PEDL183, encompassing an area of 176,000 acres and located within the Western Sector of the Southern Permian Basin,…
19 July 2021 Union Jack Oil plc (“Union Jack” or the “Company”) Carbon Intensity Study on the Biscathorpe Hydrocarbon Project Rated AA by GaffneyCline Planning Update Union Jack Oil plc (AIM:UJO), a UK focused onshore hydrocarbon production, development and exploration company, is pleased to publish the positive conclusions of a Carbon Intensity Study on the Biscathorpe hydrocarbon project, located within the proven hydrocarbon fairway of the South Humber Basin containing PEDL253, onshore UK. The…
Alan Green discusses Conroy Gold #CGNR & Union Jack Oil #UJO on his weekly Stockbox Media Research talk
Wressle Update Union Jack Oil plc (AIM: UJO), a UK focused onshore hydrocarbon production, development and exploration company provides an update on the planned proppant squeeze operation at the Wressle oilield development (“Wressle”), located in North Lincolnshire, covered by licences PEDL180 and PEDL182. Union Jack holds a 40% economic interest in this development. Union Jack has been advised by the by the Operator, Egdon Resources U.K. Limited that it has been informed by Schlumberger Oilfield…
Union Jack Oil plc (AIM: UJO), a UK focused onshore hydrocarbon production, development and exploration company is pleased to announce that at the Annual General Meeting (“AGM”) held today, all resolutions as set out in the Notice of AGM in the Company’s 2020 Annual Report and Financial Statements, were duly passed. The proxies received in respect of all resolutions were as follows: No. ORDINARY RESOLUTIONS FOR AGAINST VOTES WITHELD 1. To receive the audited annual…
Union Jack Oil plc (AIM: UJO), a UK focused onshore hydrocarbon production, development and exploration company, is pleased to announce that it has been advised by Egdon Resources U.K. Limited, the Operator, that consent has been received from the North Lincolnshire Council for the storage of crude oil under the Planning (Hazardous Substances) Regulations 1992 at the conventional Wressle Oilfield Development (“Wressle”). Wressle is located in North Lincolnshire, on the Western margin of the Humber…
West Newton Mobilisation and Test Activities Update PEDL183 Union Jack Oil plc (AIM: UJO), a UK focused onshore hydrocarbon production, development and exploration company is pleased to provide an update on mobilisation of associated equipment and planned test activities at the West Newton B site. PEDL183 is located onshore UK, north of the river Humber, also encompassing the town of Beverley, East Yorkshire, covering an area of 176,000 acres. The licence area is within the…
Wressle Development Update PEDL180 and PEDL182 Union Jack Oil plc (AIM: UJO), a UK focused onshore hydrocarbon production, development and exploration company is pleased to announce that all necessary consents have been received by the Operator, Egdon Resources U.K. Limited (“Egdon”) for the commencement of the proppant squeeze operation at the Wressle oil production site (“Wressle”). Located in Lincolnshire in the Humber Basin, PEDL180 and PEDL182 contain the substantial conventional Wressle-1 oil discovery which has…
Final Results for the Year Ended 31 December 2020 17th May, 2021 – Union Jack Oil plc (AIM: UJO), a UK focused onshore hydrocarbon production, development and exploration company, is pleased to announce its audited results for the year ended 31 December 2020. Operational Highlights Successful drilling of the West Newton B-1Z conventional appraisal well where initial petrophysical evaluation has demonstrated a gross hydrocarbon saturated interval of at least 118 metres within the Kirkham Abbey…
Gaffney, Cline & Associates to Prepare PEDL183 West Newton Competent Persons Report 10 May 2021 – Union Jack Oil plc (AIM: UJO), a UK focused onshore hydrocarbon production, development and exploration company is pleased to announce that Gaffney, Cline & Associates Limited, an international energy consultancy, has been appointed to prepare a Competent Person`s Report (“CPR”) in respect of PEDL183 which include the West Newton discoveries at the WNA-1, WNA-2 and WNB-1Z wells. The CPR…
Alan Green discusses Union Jack Oil #UJO & Power Metal Resources #POW on his weekly Stockbox Media Research talk.
27th April, 2021 Union Jack Oil plc (“Union Jack” or the “Company”) Launch of New Corporate Website Union Jack Oil plc (AIM: UJO), a UK focused onshore hydrocarbon production, development and exploration company is pleased to announce the launch of a new corporate website at www.unionjackoil.com The new corporate website contains several new features, many of which have excellent animations, educational videos, a world oil and gas consumption meter and several other state-of-the-art aspects, including…
Alan Green discusses Watches of Switzerland #WOSG, Open Orphan #ORPH & Union Jack Oil #UJO on Vox Markets podcast. Interview is 18 minutes 35 seconds in.
Equity market correlation with Cryptocurrencies could signal further volatility @Alan__Green joins the Podcast to discuss the ESL debacle before pay particular attention to Kavango Resources #KAV Coinsilium #COIN and Union Jack Oil #UJO
Tuesday 20th April 2021 – Union Jack Oil plc (AIM: UJO), a UK focused onshore hydrocarbon production, development and exploration company, is pleased to announce an operations update and forward well testing programme in respect of the West Newton B-1Z (“WNB-1Z”) conventional appraisal well, operated by Rathlin Energy (UK) Limited. The Company holds a 16.665% economic interest in PEDL183, encompassing an area of 176,000 acres and located within the Western Sector of the Southern Permian…
31st March, 2021 Union Jack Oil plc (“Union Jack” or the “Company”) Total Voting Rights 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 99,079,532 ordinary shares. There are no shares currently held in treasury. The total number of voting rights in the Company is therefore 99,079,532 and this figure…
30 March 2021 – Union Jack Oil plc (AIM: UJO), a UK focused onshore hydrocarbon production, development and exploration company, is pleased to offer an update in respect of the future planned test programmes at West Newton. The Company holds a 16.665% economic interest in PEDL183, encompassing an area of 176,000 acres and located within the Western sector of the Southern Permian Basin, onshore UK, North of the river Humber. PEDL183 contains the WNA-1, WNA-2 and WNB-1Z discoveries.…
Alan Green joins the Podcast as news filters through Burberry has been the first British luxury brand to feel the wrath of China over pressure on their human rights abuses. This follows similar action against Nike which sent the sports brand share price spiralling. In a Podcast packed full of commodities companies we look at the potential for China to damage the business model’s of FTSE 100 miners who export commodities from Australia to China.…
22nd March, 2021 West Newton Online Consultation Launched Public Consultation on the Proposed West Newton A Site Field Development Union Jack Oil plc (AIM: UJO), a UK focused onshore hydrocarbon production, development and exploration company, notes that Rathlin Energy (UK) Limited (“Rathlin”), the Operator of PEDL183 and the West Newton Field, has today launched an online consultation event on a proposed hydrocarbon development of the West Newton A site as part of a public planning consultation process.…
Alan Green discusses Destiny Pharma #DEST, Union Jack Oil #UJO & Power Metal Resources #POW with Justin Waite on the Vox Markets podcast.
Alan Green talks to David Bramhill, Executive Chairman at Union Jack Oil (AIM: UJO), a company engaged in onshore hydrocarbon production and development in the UK. David discusses progress at key projects including West Newton, Wressle, Biscathorpe and Keddington before we look at the acquisition of the Piper Complex Royalty Units from Cambridge Petroleum announced today. David discuses the recent share consolidation before we take a look at the what the year ahead holds for…
Union Jack Oil plc (AIM: UJO), a UK focused, onshore hydrocarbon production, development and exploration company is pleased to announce the purchase from Cambridge Petroleum Royalties Limited (“CPRL”) of a 2.5% cash generating royalty interest (“Acquired Interest”) that is part of the royalty unit over 20% of the revenues from oil and gas production from the Claymore, Piper and Scapa oilfields located in the Central North Sea, known collectively as the Claymore and Piper Complex (the “Royalty”)…
1 March 2021 Union Jack Oil plc (“Union Jack” or the “Company”) Completion of a Further Acquisition of a 15% Interest in PEDL253 Biscathorpe Submission of Planning Application for Side-track Drilling, Testing and Production Union Jack Oil plc (AIM: UJO), a UK focused onshore hydrocarbon production, development and exploration company is pleased to announce that it has completed the acquisition of a further 15% economic interest in PEDL253 containing the Biscathorpe project (“Biscathorpe”) on the terms…
19 February 2021 Union Jack Oil plc (“Union Jack” or the “Company”) Notice of General Meeting Proposed Changes to the Articles and Share Consolidation Union Jack Oil plc (AIM: UJO), a UK focused onshore hydrocarbon production, development and exploration company, announces the convening of a general meeting of the Company (the “General Meeting”) and that a shareholder circular (the “Circular”) is being posted to shareholders today and is available on the Company’s website at www.unionjackoil.com under the AIM Rule 26 section. The…
Union Jack Oil #UJO – West Newton Technical Update January 2021 Click to view: West-Newton-Presentation
Union Jack Oil plc (AIM: UJO), a UK focused onshore hydrocarbon production, development and exploration company is pleased to provide a positive update on operations at the Wressle oilfield development (“Wressle”). The development is located within North Lincolnshire licences PEDL180 and PEDL182 where the Company holds a 40% economic interest. Operations to recomplete the well and reperforate the Ashover Grit reservoir interval have been completed successfully, safely and on schedule. Following the re-perforation and its…
