Union Jack Oil and partners advancing efforts to plan next wells at West Newton
As investors eye news from the West Newton B programme, the partners are beginning the planning process for the possible C and D well sites.
Company
Union Jack Oil PLC
LON:UJO
Union Jack Oil PLC is an oil and gas company with a focus on onshore production, development, exploration and investment opportunities within the United Kingdom and the United States of America hydrocarbon sector.
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Union Jack Oil set for West Newton catalysts with imminent start of drilling
The well is an appraisal of a discovery that's estimated to host some 146mln barrels of oil, onshore UK
Union Jack Oil counts down to new drilling at West Newton
"We are fortunate to be in a position where the West Newton JV is fully funded for its planned drilling and testing activities,” said chairman David Bramhill
Union Jack Oil gets green light to up Wressle stake
“The expected transformative economic effect on the company once commercial production is established will be welcomed and will be a major catalyst in achieving our goal of propelling Union Jack to mid-tier status,” said UJO chairman David
Union Jack Oil approved to increase its stake in Lincolnshire's Biscathorpe field
The company believes the asset is one of the UK`s largest onshore un-appraised conventional licences
Proactive weekly oil and gas highlights: Union Jack Oil and Gas, Bahamas Petroleum, San Leon Energy
News from the oil and gas sector this week on Proactive
Union Jack Oil strikes deals to increase stake in Biscathorpe
"We are pleased to have been offered this opportunity to increase our interest to 30% in Biscathorpe," said David Bramhill.
Union Jack Oil says West Newton project scores well for carbon intensity
"This study is an excellent overview of the green credentials for any future development decision at West Newton,” said chairman David Bramhill
Union Jack Oil target lifted by broker as it strikes value-adding Wressle deal
“The current macro backdrop has given rise for cashed-up E&P companies to opportunistically purchase compelling assets at material discounts," said analyst Sam Wahab.
Union Jack Oil ups Wressle stake to 40% with Humber transaction
It is a significant transaction ahead of the transformational start-up of production at Wressle later this year
Union Jack Oil boasts excellent progress as Wressle oil field development advances
The oil field in North Lincolnshire is due to finally be delivered later this year
Union Jack Oil tipped for upside thanks to robust funds and attractive project economics
“Union Jack’s investment case is relatively unique given its robust financial position and attractive project economics across its core asset base in our view,” SP Angel said.
Union Jack Oil fully funded for all UK well plans
"My confidence in respect of Union Jack's future remains highly positive,” said executive chairman David Bramhill
Archive
Proactive news headlines: Union Jack Oi, Open Orphan, Gfinity, OptiBiotix Health …
A glance at some of the day's highlights from the Proactive Investors newswire
Union Jack Oil says partner updates on site works schedule for West Newton project
Work programmes for access to the site are expected to take five to six weeks
Archive
Malcy's Blog - Oil price, Reabold/Union Jack, President, Block
Reabold (AIM:RBD) / Union Jack (AIM:UJO) Slipped by yesterday after all the calls etc was that Rathlin Energy, as operator for the West Newton EWT has received a positive decision from the EA with regard to the well test.
Union Jack Oil’s West Newton project gets greenlight for testing programme
Operations will advance for the exciting onshore project in East Yorkshire once coronavirus restrictions allow
Union Jack Oil partner is safely advancing site work for West Newton B
The present work is a prerequisite to future well operations
Union Jack Oil’s Biscathorpe project confirmed “financially robust” at current crude prices
Biscathorpe stands up as "robust" against currently reduced crude oil prices
Union Jack Oil to increase stake in Keddington oil field
The AIM-quoted onshore UK oil and gas firm increases its stake to 55%.