UJO.L

Union Jack Oil Plc

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  • High
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  • OPEN
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  • VOL
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  • MKT CAP
    -M
  • LOW
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  • CLOSE
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  • AVG VOL
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  • SHARES IN ISSUE
    112.72M

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Company Profile

The directors believe that significant opportunities exist to invest in, or acquire, a company or companies or businesses or assets in the hydrocarbon sector. The investment strategy will have a heavy emphasis on acquiring late stage exploration projects where planning consent has been approved for drilling wells and to acquire minority production working interests onshore and/or offshore in the UK. The directors consider that the UK, with its stable economy, well regulated hydrocarbon market by the Department of Energy and Climate Change and a well established licensing system is an attractive country for direct investment in hydrocarbon projects.

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