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…

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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…

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