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Future 'remains bright' at Union Jack as it eagerly awaits West Newton results

David Bramhill, chairman of Union Jack Oil PLC (LON:UJO), speaks to Proactive London's Andrew Scott following the release of the firm's 2018 results.

The sit-down interview came as UJO  awaits news from the potentially high impact West Newton appraisal well.

In October, the company acquired a 16.665% interest in West Newton via a farm-in deal and last month drilling operations began.

Quick facts: Union Jack Oil PLC

Price: 0.2225 GBX

AIM:UJO
Market: AIM
Market Cap: £34.36 m
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Union Jack's David Bramhill hails green credentials for its West Newton project

Union Jack Oil Plc's (LON:UJO) David Bramhill speaks to Proactive's Andrew Scott after revealing the highlights of a GaffneyCline authored Carbon Intensity Study on the West Newton project, onshore East Yorkshire. The study had positive conclusions including an AA rating for carbon intensity for...

3 weeks, 5 days ago

2 min read