RNS Number: 8814 S Union Jack Oil PLC 11 November 2019 Market Abuse Regulation Disclosure Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation No 596/ 2014 until the release of this announcement. Upgraded Operator Volumetrics for the West Newton Kirkham Abbey Reservoir.
RNS Number: 7185 S Union Jack Oil PLC 08 November 2019 Market Abuse Regulation Disclosure Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation No 596/ 2014 until the release of this announcement. Union Jack Oil plc, a UK focused onshore conventional hydrocarbon production,...
RNS Number: 4609 S Union Jack Oil PLC 06 November 2019 Market Abuse Regulation Disclosure Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation No 596/ 2014 until the release of this announcement. Union Jack Oil plc, a UK focused onshore conventional hydrocarbon production,...
Union Jack Oil plc, a UK focused onshore conventional hydrocarbon production, development and exploration company, notes the announcement issued by the Department of Business, Energy and Industrial Strategy on behalf of the UK Government, on 2 November 2019, in respect of a shale gas moratorium. The Company has no intent to engage in hydraulic fracturing...
Union Jack Oil Plc (UJO.L) Announced that an updated corporate presentation is available on the company's website ( The presentation contains no new material information
RNS Number: 1550 Q Union Jack Oil PLC 17 October 2019 17 October 2019. Union Jack Oil plc, a UK focused onshore hydrocarbon production, development and exploration company is pleased to announce that an updated corporate presentation is now available on the Company's website. RNS is approved by the Financial Conduct Authority to act as a Primary Information...
RNS Number: 0384 P Union Jack Oil PLC 07 October 2019 TR-1: S tandard form for notification of major holdings. This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.
Union Jack Oil Plc Ltd TPI is pleased to provide its latest research note on Union Jack Oil Plc (UJO.L). We believe that Union Jack’s (UJO) interim results focus justifiably on the exciting drilling result at the West Newton A-2 appraisal well where an Extended Well Test (EWT) has been paused in order to optimise operations and revise the well test design to focus on the oil column when the test resumes. UJO and its partners in West Newton also intend to commission a revised CPR which could imply a significant upgrade to pre-drill resource estimates suggesting that the discovery has the potential to be the biggest UK onshore find since Wytch Farm in 1973.
Union Jack Oil Plc (UJO.L) Announced, in its interim results for the six months ended 30 June 2019, that revenues rose to £0.076 million from £0.073 million reported in the same period last year. The company’s loss before tax stood at £0.484 million compared to a loss of £0.418 million reported in the previous year. The basic and diluted loss per share stood at 0.01p. The company’s cash and cash equivalents stood at £1.44 million (2018: £1.83 million).
Union Jack Oil plc, a UK focused onshore conventional oil and gas production, development and exploration company, is pleased to announce its unaudited results for the Half Year ended 30 June 2019.. •Union Jack management's view is that Biscathorpe remains one of the UK's largest onshore un-appraised conventional hydrocarbon targets. •Cash balance of in...
RNS Number: 7657 K Union Jack Oil PLC 30 August 2019 TR-1: S tandard form for notification of major holdings. This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.
Reabold Resources/Union Jack An operational update from West Newton this morning and although the potential of a liquids find had been flagged this looks to me like a genuinely company making discovery for both companies. The companies confirm that analysis and initial testing have led them to believe that West Newton project represents ‘a significant oil & gas discovery rather than the gas discovery originally anticipated. This is because the overall HydroCarbon column of 65 metres comprises a gross oil column of approximately 45 metres underlying A 20m gas column in the Kirkham Abbey interval. The most important read into this announcement is probably the fact that they are very keen to get the CPR updated which will address the volumes that the partners cannot yet quantify although the positive language speaks for itself. ‘This is now an oil project’ and the technicals that we have here are worthy of serious consideration of a highly valuable UK onshore oilfield. In addition, the data from this well so far validates the 3D seismic over the entire West Newton project and with the next well targeting the deeper Cadeby formation could ‘add significant resource upside’. With the partners now confident of a cracking discovery at the A-2 well the running room in the rest of the licence means that for both companies there is much more upside than has been demonstrated by the market today. For example the market cap of Reabold could be multiplied if all the potential upside is proved and I have no reason to believe not, this is getting into the territory for proper M&A speculation which I for one wouldn’t rule out for one minute. Onwards and upwards….
Union Jack Oil PLC (UJO) 0.32p £30.73m Union Jack Oil plc a UK focused onshore hydrocarbon production, development and exploration company announced an update in respect of the West Newton A-2 conventional appraisal well, located within PEDL183 and operated by Rathlin Energy (UK) Limited. Union Jack holds a 16.665% interest in this licence containing the West Newton A-1 discovery well and the West Newton A-2 appraisal well. Highlights The Operator and project partners now believe that the West Newton project represents a significant oil and gas discovery rather than a pure gas discovery as originally perceived Evaluation of the West Newton A-2 open hole data has identified an estimated gross hydrocarbon column of approximately 65 metres in the Kirkham Abbey formation
Union Jack Oil Plc (UJO.L) Announced an update on the West Newton A-2 conventional appraisal well, located within PEDL183 and operated by Rathlin Energy (UK) Limited (Rathlin). Rathlin and project partners now believe that the West Newton project represents a significant oil and gas discovery rather than a pure gas discovery as originally perceived. Evaluation of the West Newton A-2 open hole data has identified an estimated gross hydrocarbon column of approximately 65 metres in the Kirkham Abbey formation. Initial petrophysical evaluation identified a gross oil column of approximately 45 metres underlying a gross gas column of approximately 20 metres within the Kirkham Abbey interval. With the indication of a potentially significant oil column, the Extended Well Test has been temporarily suspended in order to review and revise the well test design to deliver the necessary test information to validate this important onshore resource.
RNS Number: 4716 K Union Jack Oil PLC 29 August 2019 Market Abuse Regulation Disclosure Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation No 596/ 2014 until the release of this announcement. Union Jack Oil plc, a UK focused onshore hydrocarbon production, development and...
Bid
-
-
-
Ask
  • High
    -
  • OPEN
    -
  • VOL
    -
  • MKT CAP
    -m
  • LOW
    -
  • CLOSE
    -
  • AVG VOL
    -
  • SHARES IN ISSUE
    12.11B

Featured Media

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.

Classification

Market Indices-

Locations

HQ
6 Charlotte Street
Bath
BA1 2NE
Watchlist