Union Jack Oil PLC’s (LON:UJO) David Bramhill tells Proactive London's Andrew Scott they're fully funded for all its current drilling and well testing commitments.
He says they had £5.5mln cash in the bank at the start of May and remains debt-free.
Bramhill is confident the company can achieve its goal of increasing production 'materially' and become what he describes as a significant mid-tier UK onshore producer in the medium term.
Price: 0.255 GBX
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
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...
Industry & services
Retail & consumer
Health
