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Union Jack (UJO) Share News

Union Jack Oil says drilling contract penned at Andrews-1-17 well

11th Mar 2024 14:55

(Alliance News) - Oil and gas explorer Union Jack Oil PLC on Monday noted the operator of the Andrews-1-17 well in Oklahoma, US has signed a drilling contract with a local contractor. Read More

IN BRIEF: Union Jack Oil says WN-A3 well to be drilled in 2024

27th Feb 2024 13:56

Union Jack Oil PLC - Bath-based UK- and US-focused oil and gas company - Says proposed well WN-A3 in West Newston project, onshore UK in East Yorkshire, is planned to be drilled during late 2024, and will be twinned with the West Newton A-1 discovery well. Adds that a feasibility study is underway for a single gas well development plan at the WN-A3 well. Chair David Bramhill says: "We plan to expedite the drilling of West Newton with the deviated WN-A3 appraisal well as soon as all remaining regulatory permissions have been granted. Discussions are already underway with the relevant authorities and work has commenced to progress drilling. Our revised drilling plan offers significant cost-savings without compromising any aspects of the project. The objective is to develop what we know to be a material onshore gas resource located in an area with excellent access to local and national infrastructure and an attractive domestic gas off-take market." Read More

Union Jack Oil hails two farm-in agreements in Oklahoma

13th Feb 2024 11:27

(Alliance News) - Union Jack Oil PLC on Tuesday announced new deals to boost its drilling and mineral royalty portfolio. Read More

TRADING UPDATES: Power Metal firms Tati gold; Union Jack inks deal

6th Feb 2024 17:35

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More

Union Jack Oil to expand operations to US through new partnership

29th Jan 2024 11:25

(Alliance News) - Union Jack Oil PLC on Monday said it will expand its operations to the US through a partnership with Reach Oil & Gas Inc. Read More

Union Jack shares rise on Wressle revenue and production update

15th Jan 2024 11:34

(Alliance News) - Union Jack Oil PLC on Monday said it has achieved revenue of over USD18.0 million at its Wressle hydrocarbon development since production restarted in August 2021. Read More

Union Jack and Europa Oil get resources upgrade for Wressle field

2nd Jan 2024 11:05

(Alliance News) - Union Jack Oil PLC and Europa Oil & Gas Holdings PLC on Tuesday said an independent assessment has increased the oil reserves of their licences at the Wressle field onshore in Lincolnshire, England. Read More

Europa Oil & Gas and Union Jack Oil toast flow rate at Wressle-1 well

19th Dec 2023 12:43

(Alliance News) - Europa Oil & Gas Holdings PLC and Union Jack Oil PLC on Tuesday said that production had increased at the UK onshore Wressle-1 well. Read More

Union Jack, Europa O&G note Egdon update on Wressle future plans

29th Nov 2023 17:20

(Alliance News) - Union Jack Oil PLC and Europa Oil & Gas Holdings PLC on Wednesday both noted Egdon Resources UK Ltd's community update on the Wressle oilfield development in North Lincolnshire, including PEDL180 and PEDL182 assets. Read More

IN BRIEF: Union Jack, Europa Oil note Wressle-1 back up and running

8th Nov 2023 13:29

Union Jack Oil PLC - UK-focused onshore hydrocarbon production, development, and exploration company - Wressle-1 well has been brought back into production following installation of a downhole jet pump. "Since production resumed, flow-rates in excess of 950 barrels of oil per day have been recorded. The well is now on continuous 24-hour production and is still cleaning up. Export and sale of oil has recommenced," Union Jack says. The firm owns a 40% interest in the asset. Europa Oil & Gas Holdings PLC, with a 30% stake, also notes the development. Read More

Europa Oil & Gas, Union Jack Oil say Wressle work complete

18th Oct 2023 14:22

(Alliance News) - Europa Oil & Gas Holdings PLC and Union Jack Oil PLC on Wednesday announced Read More

TRADING UPDATES: Wishbone loss widens; Camellia hit by bad weather

27th Sep 2023 14:28

(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

AIM WINNERS & LOSERS: Tasty's interim loss widens, shares plunge 31%

27th Sep 2023 10:26

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday. Read More

TRADING UPDATES: Capital inks contract; Lansdowne becomes cash shell

20th Sep 2023 14:37

(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

Union Jack Oil maintains "strong financial position" but earnings fall

11th Sep 2023 13:30

(Alliance News) - Union Jack Oil PLC on Monday said its profit, revenue and earnings decreased in its latest half year, but that its balance sheet is "robust" and the future "remains bright." Read More

TRADING UPDATES: Infrastructure India extends maturity dates on debt

31st Aug 2023 19:45

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More

Egdon, Europa and Union Jack say Wressle well producing water

3rd Aug 2023 11:50

(Alliance News) - Egdon Resources PLC, Europa Oil & Gas Holdings PLC and Union Jack Oil PLC on Thursday said the Wressle 1 well in Liconolnshire, England has begun to produce a small amount of water, accounting for 3.7% of the total production fluid for July. Read More

IN BRIEF: Union Jack Oil generates USD16 million at Wressle site

14th Jun 2023 11:48

Union Jack Oil PLC - Bath, England-based UK-focused onshore hydrocarbon production, development, and exploration company - Reports its material landmark net revenues is in excess of USD16 million in the Wressle hydrocarbon development located in North Lincolnshire, since production recommenced in August 2021. Union Jack Oil has a 40% economic interest in this development. Says oil production stable at 780 barrels per day, compared to 750 barrels on June 20, 2022. Read More

IN BRIEF: Egdon Resources withdraws planning appeal ahead of hearing

6th Jun 2023 14:36

Egdon Resources PLC - Gloucestershire, England-based oil and gas explorer and producer - Withdraws planning appeals related to the refusal of planning consent for exploratory drilling at its North Kelsey oil sight in Lincolnshire. Says the decision comes about following advice from a planning inspector. Last year, Lincolnshire County Council refused Egdon's right to extend the timeframe of an existing planning and drilling permit at North Kelsey. A hearing was due to take place next week to determine whether the council was right to refuse planning permission. A new planning application for consideration by the council will be submitted by Egdon, as well as recently updated traffic, ecology and flood risk assessments. Union Jack Oil PLC, Bath-based, hydrocarbon production, development and exploration company which holds a 50% stake in the licence, notes Egdon's announcement. Together, they hold the PEDL241 joint venture, where North Kelsey is situated. Read More

Egdon Resources agrees to all-cash takeover by Petrichor Partners

17th May 2023 12:18

(Alliance News) - Egdon Resources PLC on Wednesday said it has agreed to an all-cash takeover offer from Petrichor Partners LP. Read More

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