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Union Jack's David Bramhill welcomes strong show of support for £2.25mln raise

Union Jack Oil PLC's (LON:UJO) David Bramhill spoke to Proactive London's Andrew Scott soon after announcing they'd raised £2.25mln as the firm works to follow up the West Newton appraisal success with an extended well test.

Bramhill says he's looking forward to the results of the planned extended well test in the third quarter of 2019 that will be expanded to test the liquid and/or gas intervals evident in the well.

Quick facts: Union Jack Oil PLC

Price: 0.1575 GBX

AIM:UJO
Market: AIM
Market Cap: £24.32 m
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Full interview: Union Jack Oil hails huge Wressle site victory

David Bramhill, chief executive, explains that Union Jack Oil (LON:UJO) is cock-a-hoop today after winning their 3 year court battle; the inspectorate has awarded planning permission in the case against North Lincolnshire Council, with costs given too. The saga began last year when Egdon...

on 20/1/20

2 min read