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'It's been a great week at the office', says Union Jack Oil's David Bramhill

David Bramhill, executive chairman at Union Jack Oil PLC (LON:UJO) looks back on a week that's seen a series of positive announcements for the company.

On Monday shares advanced after extensions were granted to planning permission for the Biscathorpe-2 and North Kelsey-1 well site locations.

Then on Tuesday UJO acquired a stake in two potential UK shale projects, with a minimal upfront investment.

And then on Thursday the government gave “wholehearted support” to the UK's onshore shale gas industry - a move Bramhill said he's delighted with.

Quick facts: Union Jack Oil PLC

Price: 0.27 GBX

Market: AIM
Market Cap: £41.69 m

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Union Jack Oil expects to be drilling at West Newton within weeks

Union Jack Oil PLC's (LON:UJO) David Bramhill tells Proactive London's Andrew Scott drilling is due to kick off in the next few weeks at the West Newton project, where an appraisal well will follow up last year’s successful discovery. The plan also includes the combined testing of the new well,...

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