Union Jack set for maiden profit as Wressle revenue hits $8m

25th Jul 2022 11:15

(Sharecast News) - Union Jack Oil announced on Monday that "material landmark" net revenues of $8m (£6.63m) have been achieved from the Wressle hydrocarbon development within licences PEDL180 and PEDL182 in North Lincolnshire, on the western margin of the Humber Basin.

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Union Jack Oil reaches $7m revenue since Wressle re-start

20th Jun 2022 13:21

(Sharecast News) - Union Jack Oil announced on Monday that material landmark net revenues of $7m (£5.71m) have been achieved from the Wressle hydrocarbon development, located within licences PEDL180 and PEDL182 in North Lincolnshire, on the western margin of the Humber Basin.

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Union Jack reaches $6m revenue since Wressle restart

23rd May 2022 14:04

(Sharecast News) - Onshore producer Union Jack Oil announced on Monday that "material landmark" net revenues of $6m (£4.77m) have been achieved from the Wressle hydrocarbon development.

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Union Jack delivers 'landmark' net revenues of $5.0m from Wressle project

25th Apr 2022 07:42

(Sharecast News) - Hydrocarbon exploration and development group Union Jack Oil has achieved material landmark net revenues of $5.0m from the Wressle hydrocarbon development project, located within licences PEDL180 and PEDL182 in North Lincolnshire.

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Union Jack Oil reaches $4m net revenue at Wressle

28th Mar 2022 12:15

(Sharecast News) - Union Jack Oil announced on Monday that "landmark" net revenues of $4m (£3.04m) has been achieved from the Wressle hydrocarbon development, at licences PEDL180 and PEDL182 in North Lincolnshire, on the western margin of the Humber Basin.

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Union Jack reaches $3m net revenue from Wressle

22nd Feb 2022 14:10

(Sharecast News) - Union Jack Oil announced on Tuesday that "material landmark" net revenues had been achieved from the Wressle development, located within licences PEDL180 and PEDL182 in North Lincolnshire, on the western margin of the Humber Basin.

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Union Jack Oil buys royalty interest over North Sea assets

15th Mar 2021 10:44

(Sharecast News) - Onshore UK exploration, development and production company Union Jack Oil has purchased a 2.5% cash generating royalty interest from Cambridge Petroleum Royalties (CPRL), it announced on Monday, that is part of the royalty unit over 20% of the revenues from oil and gas production from the Claymore, Piper and Scapa oilfields in the central North Sea.

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Union Jack buys another 30pc of North Kelsey from Egdon

14th Oct 2020 12:42

(Sharecast News) - Union Jack Oil announced on Wednesday a further 30% acquisition of licence PEDL241 containing the conventional, drill-ready, North Kelsey Prospect, as well as the alignment of its equity interests in that licence with Egdon Resources UK and to jointly pursue a farmout for the drilling of the North Kelsey-1 exploration well.

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Union Jack shares rise as OGA approves Biscathorpe acquisition

28th Jul 2020 15:35

(Sharecast News) - UK-focussed onshore exploration and development company Union Jack Oil announced on Tuesday that the Oil and Gas Authority has approved its acquisition of a further 3% interest in PEDL253, containing the Biscathorpe Prospect, from Montrose Industries.

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Union Jack buying another 3pc of Biscathorpe project

24th Jun 2020 11:56

(Sharecast News) - UK-focussed onshore hydrocarbon production, development and exploration company Union Jack Oil announced the acquisition of a further 3% of PEDL253 on Wednesday, containing the Biscathorpe project, as well as the signing of a "legally binding and confidential" settlement agreement between Egdon Resources UK and Humber Oil & Gas.

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Union Jack Oil upbeat on carbon study at West Newton

16th Jun 2020 09:07

(Sharecast News) - Onshore UK hydrocarbon exploration, development and production company Union Jack Oil reports positive conclusions from a carbon intensity study on the West Newton project, located within PEDL183 in East Yorkshire, on Tuesday.

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Union Jack upbeat on latest developments at Wressle

13th May 2020 12:13

(Sharecast News) - Union Jack Oil shares were in the green at lunchtime on Wednesday, after a positive announcement from the operator of the Wressle hydrocarbon development on North Lincolnshire licences PEDL180 and PEDL182.

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Union Jack losses widen as it presses on with development work

11th May 2020 09:19

(Sharecast News) - Union Jack Oil reported a wider loss of £1.69m in its final results on Monday, compared to £1.1m in the prior year, as it talked up its development work in the year ended 31 December.

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Union Jack Oil upbeat on decision document for West Newton

27th Apr 2020 10:27

(Sharecast News) - Union Jack Oil announced on Monday that a positive decision document over the testing of the West Newton A-2 well on PEDL183 has been received from the Environment Agency by the operator, Rathlin Energy UK.

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Union Jack Oil upbeat on latest data from Biscathorpe

30th Mar 2020 15:42

(Sharecast News) - UK-focussed onshore hydrocarbon company Union Jack Oil updated the market on the Biscathorpe project on Monday, located within Lincolnshire licence PEDL253.

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