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Union Jack's David Bramhill clarifies West Newton update and well test plans

Union Jack Oil PLC's (LON:UJO) David Bramhill discusses an announcement released by Rathlin Energy which details the next steps at West Newton.

Bramhill says testing of the West Newton A-2 well should take approximately 4-8 weeks to complete.

Quick facts: Union Jack Oil PLC

Price: 0.2019 GBX

AIM:UJO
Market: AIM
Market Cap: £24.45 m
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Investor Update: Union Jack's West Newton potential confirmed

Headlines from the Proactive UK newsroom. Union Jack Oil (LON:UJO) has been informed by the operator that the Kirkham Abbey reservoir in the West Newton project area contains a base case 146mln barrels of oil and up to 283mln barrels in a best case. The liquid element is much higher than...

4 days, 8 hours ago

2 min read