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IN BRIEF: Union Jack Oil abandons non-commercial well in Oklahoma

19th Jun 2026 14:13

Union Jack Oil PLC - UK- and US-focused onshore oil and gas company - Says testing at the Crossroads well in Garvin County, Oklahoma, has concluded the discovery is non-commercial. As a result, the well, in which the firm holds a 43% interest, will be plugged and abandoned.

Current stock price: 3.75 pence each, down 8.5% on Friday afternoon in London

12-month change: down 59%

By Tom Budszus, Alliance News slot editor

Comments and questions to [email protected]

Copyright 2026 Alliance News Ltd. All Rights Reserved.


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Union Jack
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Value10,363.27
Change-36.43