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…

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…

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…

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…

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…

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…

Union Jack Oil #UJO – West Newton Update August 31, 2021 – Posted in: Blog, Union Jack Oil (UJO)

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,…

Union Jack Oil #UJO – Wressle Well Test Update August 24, 2021 – Posted in: Blog, Union Jack Oil (UJO)

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 – Wressle Hydrocarbon Development Project Update August 12, 2021 – Posted in: Union Jack Oil (UJO)

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…

Union Jack Oil #UJO – West Newton B-1Z Update July 21, 2021 – Posted in: Blog, Union Jack Oil (UJO)

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,…

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