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West Newton farm-in has 'all the right ingredients' - Union Jack Oil's David Bramhill

David Bramhill, executive chairman of Union Jack Oil PLC (LON:UJO), discusses with Proactive London's Andrew Scott the acquisition of a 16.667% stake in the West Newton gas discovery, in Yorkshire.

West Newton, located on the western sector of the southern Zechstein basin in east Yorkshire, is a conventional operation.

It is on trend with the prolific Hewett gas field complex which had 419bn cubic feet of original in place gas.

Quick facts: Union Jack Oil PLC

Price: 0.16 GBX

AIM:UJO
Market: AIM
Market Cap: £24.71 m
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