UNION JACK OIL #UJO – Placing Raising £3mn September 23, 2021 – 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…

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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…

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Union Jack Oil #UJO – West Newton Online Consultation Launched March 22, 2021 – Posted in: Blog, Union Jack Oil (UJO)

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.…

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