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Union Jack Oil "over the moon" with latest Wressle stake acquisition

David Bramhill, chairman at Union Jack Oil (LON:UJO) talks to Proactive Investors after the company increased its stake in the Wressle field.

Given the project's potential, Bramhill feels the company paid "a very nice price for this".

"The cashflow we'll be getting from this will make a big difference to our balance sheet.

"We are over the moon with this acquisition, and make no secret we'd like more" he says.

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