Union Jack Oil #UJO – Purchase of a Royalty Interest in the Claymore, Piper and Scapa North Sea Oilfields March 15, 2021 – Posted in: Blog, Union Jack Oil (UJO)
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”)…
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