TRADING UPDATES: Corero gets renewal; Kitwave trades in line
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Wednesday. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Wednesday. Read More
Union Jack Oil PLC - onshore exploration, development and production in the UK and US - Calls general meeting for October 30 for shareholders to approve the issue of warrants as part of its equity raise announced back in July. At the time, Union Jack raised GBP2 million in a placing and subscription of 40.0 million shares at 5 pence apiece. Each new share came with a warrant attached that is exercisable at 8p over the next two years. The fresh equity will be used to fund a USD3.0 million three-well drilling programme in Oklahoma. Read More
(Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
Union Jack Oil PLC - UK and US focused onshore hydrocarbon, production, development, exploration firm - Says Sark well in central Oklahoma was drilled to a total depth of 5,391 feet, with the Prue interval highlighted on electric logs as hydrocarbon bearing following evaluation. The Prue interval was perforated from 4,586 to 4,600 feet, meanwhile oil was recovered during swabbing. "Temporary production facilities are being installed and Sark will undergo a 30-day test programme, commencing early October 2025," Union Jack Oil says. Read More
Union Jack Oil PLC - UK and US focused onshore hydrocarbon, production, development, exploration firm - Says the Sark well in central Oklahoma, US, is spudded. Holds a 60% interest in the well, operated by Reach Oil & Gas Inc. Executive Chair David Bramhill says the high-impact well follows the successful Moccasin well and is "of major importance" financially and operationally. Read More
Union Jack Oil PLC - UK and US focused onshore hydrocarbon, production, development, exploration firm - Raises GBP2 million via a placing and subscription of 40 million shares at 5 pence each. Each placing and subscription share will have one warrant attached, exercisable at 8p for a period of two years. SP Angel Corporate Finance LLP and Zeus Capital Ltd act as joint brokers in relation to the placing. Union Jack plans to use the proceeds to fund three well drilling programme in Oklahoma at a cost of around USD3.0 million. Executive Chair David Bramhill says: "The board would like to thank those new investors and shareholders who have participated in the fundraise that will help deliver further growth for the company." Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - Union Jack Oil PLC on Monday said its future "remains bright" despite reporting a decrease in its pretax profit and revenue in 2024. Read More
(Alliance News) - Union Jack Oil PLC on Tuesday said a well in Seminole County, Oklahoma, has been spudded. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Friday. Read More
(Alliance News) - Europa Oil & Gas Holdings PLC and Union Jack Oil PLC said on Friday they expect planning consent for further development of the Wressle field in Lincolnshire to be quashed, following a legal challenge to their application. Read More
Union Jack Oil PLC - oil and gas company focused on onshore US and UK assets - Confirms that, following completion and testing, the Andrews 2-17 well has been declared a commercial discovery. Since being placed on restricted and periodic test production during late May, the Andrews 1-17 well has produced 6,460 barrels of oil with a gravity of around 46 degrees API and 382,000 cubic feet of gas. Works to connect a gas pipeline to the Andrews 1-17 well have recently been completed and gas has been sold to the market. Drilling and completion costs have already been paid for from the company's cash resources. Further, announces acquisition of 45% of the Taylor Well in Seminole County, Oklahoma from Reach Oil & Gas Inc. Costs for drilling and completion of the well are estimated to be approximately USD516,000 net. Also agrees to acquire from Reach of a 45% working interest in the Moccasin well, also in Oklahoma. Cost for drilling and completion of the well are estimated to be USD600,000 net. Costs will be paid from existing cash resources. Read More
(Alliance News) - Union Jack Oil PLC on Wednesday celebrated the spudding of the Andrews 2-17, a well in Oklahoma in which it holds a 45% working interest. Read More
(Alliance News) - Union Jack Oil PLC on Monday said it remains "in sound financial health" and the future "remains bright", although earnings plunged in its latest financial year. Read More