Union Jack Oil advancing toward West Newton restart and new drilling
Testing had to be redesigned after an unexpected success with the discovery of an oil column at West Newton, rather than just gas.
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.
572 stories · page 12 of 29
Union Jack Oil says consortium has green light for Wressle oil field development
The planning inspectorate ruled in favour of operator Egdon Resources' appeal against North Lincolnshire Council
Union Jack Oil and partners prepare to test North Sea-style onshore oil and gas field
In the latest missive, UJO said pumping, surface separation, fluid storage tanks and other well testing equipment has now been sourced, while regulatory approvals to re-commence the well test are being sought,
Union Jack Oil set for “strong activity” in the coming months – SP Angel
“The placing enables Union Jack to progress the technically and financially compelling West Newton project under a planned two well drilling and testing programme for H1 2020," said analyst Sam Wahab.
Union Jack Oil raises £5mln for new wells at West Newton
"The board is delighted with the result of this successful fundraising,” said David Bramhill, Union Jack chairman.
Union Jack Oil working on possible equity raise to fund West Newton
The majority of the new funds will be earmarked for the West Newton oil project, which is now positioned as Union Jack's 'flagship' asset.
Archive
Today's Oil & Gas Update - Union Jack Oil, Baron Oil and Aminex.
Union Jack Oil* (LON:UJO) and Reabold Resources (RBD) – Updated Volumetrics at West Newton Baron Oil* (LON:BOIL) – Update on Chuditch PSC, offshore Timor-Leste Aminex (LON:AEX): Ruvuma Joint Statement with Solo Oil
Archive
Today's Oil & Gas Update - Union Jack Oil
Union Jack Oil (“Union Jack” or the “Company”) has today released updated volumetrics compiled by the Operator Rathlin Energy (UK) Limited at its flagship, conventional West Newton project, indicating a significant upgrade to the 2017 figur
Union Jack Oil has West Newton's oil potential confirmed by new analysis
The Kirkham Abbey reservoir contains a base case 146mln barrels of oil-in-place and a best case of 283mln barrels.
Union Jack Oil jumps on West Newton speculation
The company put out a statement in response to recent market speculation about drilling data from the East Yorkshire project
Union Jack and Europa higher after shrugging off UK fracking ban
In a major reversal of policy on Saturday, the government announced that fracking, or hydraulic fracturing, will be halted in England immediately following a series of earthquakes at a site in Lancashire
Union Jack Oil upgraded by broker after West Newton discovery
Its 16.667% stake in West Newton could generate triple the current market value of the company, says broker
Archive
Today's Oil & Gas Update - Union Jack Oil
We believe Union Jack Oil’s (“Union Jack” or the “Company”) current share price represents a compelling entry point into a growing producer, operating in a prolific hydrocarbon province. With three material ‘Company maker’ acreage positions
Union Jack Oil highlights “significant progress” in half-yearly results
Three UK oil projects all have the potential to substantially enhance Union Jack Oil's asset base
Proactive weekly oil and gas highlights: Union Jack Oil, Cadogan Petroleum, Acquisitive Diversified Gas & Oil
A look back at some of the interesting news stories from London’s junior oilers
Union Jack Oil’s West Newton now seen as “significant oil and gas discovery”
"The confirmation of a major oil discovery at the West Newton project is highly encouraging compared to its original perception as a substantial gas discovery,” said David Bramhill.
Union Jack Oil plc’s 16% owned West Newton well sees start of flow testing
Well testing has started and will run for up to eight weeks.
Union Jack notes Rathlin Energy’s mobilisation of service rig at West Newton A-2
Union Jack said over the coming days Rathlin would equip the A-2 well for test operations which would then run over the next 4-8 weeks
Union Jack Oil's West Newton partner begins logging second well
A wireline unit is now on site at the West Newton A-2 conventional appraisal for logging and testing over the coming 4-8 weeks
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Proactive news snapshot: Europa Oil & Gas, Integumen, Victoria Oil & Gas...
A glance at some of the day's highlights from the Proactive Investors newswire