Union Jack Oil plc (AIM: UJO), a UK focused on-shore hydrocarbon production, development and exploration company, notes that Rathlin Energy (UK) Limited ("Rathlin"), the operator of PEDL 183, communicated the following to local residents as part of its participation in the West Newton Community Liaison group yesterday afternoon. Union Jack holds a 16.665% interest in this licence containing the West Newton A-1 discovery well and the recent successful West Newton A-2 conventional appraisal well.
"The flow testing of the WNA-2 well commenced earlier today.
"The well test programme is scheduled to continue for the next 4-8 weeks.
"The necessary regulatory permissions and consents are in place for this test.
"Additional information regarding the test programme will be made available once the relevant data has been collected and analysed."
For further information, please contact:
Union Jack Oil plc
+44 (0)7787 160 682
SP Angel Corporate Finance LLP
+44 (0)20 3470 0470
Nominated Adviser and Broker
Cassiopeia Services Ltd
+44 (0)7949 690 338
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
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