logo-loader
Union Jack Oil PLC

Union Jack Oil's Biscathorpe-2 well 'back on the map' after new analysis

Union Jack Oil PLC's (LON:UJO) David Bramhill tells Proactive London's Andrew Scott analysis of the Biscathorpe-2 well in Lincolnshire has shown it to be much more promising than previously indicated.

Consultant APT has carried out a sample taken from 20 intervals that indicates the presence of a 35-metre column of good quality oil at a depth of a 1,980 metres with more possible below 2,133m.

Quick facts: Union Jack Oil PLC

Price: £0.00

Market: AIM
Market Cap: £35.11 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Union Jack Oil PLC named herein, including the promotion by the Company of Union Jack Oil PLC in any Content on the Site, the Company receives...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Investor Update: Union Jack, Europa Oil & Egdon welcome wressle update

Headlines from the Proactive Investors UK newsroom. Union Jack Oil (LON:UJO), Egdon Resources (LON:EDR) and Europa (LON:EOG) have all welcomed a decision by North Lincolnshire Council not to give evidence at the forthcoming public inquiry into the Wressle oilfield development. Operator...

3 weeks, 1 day ago

2 min read