Union Jack says Wressle project 'robust' in low oil price market
18th Mar 2020 10:09
(Sharecast News) - Union Jack Oil updated the market on the development plan for the Wressle oilfield within North Lincolnshire licences PEDL180 and PEDL182 on Wednesday.
Read moreUnion Jack Oil buys another 35pc of Keddington oilfield
9th Mar 2020 10:22
(Sharecast News) - Onshore production, development and exploration company Union Jack Oil announced the acquisition of an additional 35% economic interest in the PEDL005(R) licence on Monday, which contains the producing Keddington oilfield, from Terrain Energy.
Read moreUnion Jack Oil working towards restart of testing at West Newton A-2
18th Dec 2019 09:42
(Sharecast News) - Union Jack Oil updated the market on the extended well test at the West Newton A-2 appraisal discovery well in East Yorkshire, within PEDL183, on Wednesday.
Read moreUnion Jack Oil raises ?5m in placing for West Newton drilling
27th Nov 2019 12:16
(Sharecast News) - Union Jack Oil said on Wednesday that it has raised £5m through a placing and subscription to progress its flagship asset at West Newton.
Read moreUnion Jack Oil upbeat on latest developments at West Newton
29th Aug 2019 10:57
(Sharecast News) - UK-focussed onshore hydrocarbon operator Union Jack Oil updated the market on its investment in the West Newton A-2 conventional appraisal well, located within the PEDL183 licence, on Thursday.
Read moreUnion Jack Oil soars after 'potentially transformational' well result
17th Jun 2019 13:13
(Sharecast News) - Union Jack Oil's shares leapt on Monday after reporting a "potentially transformational" result at its West Newton appraisal well, where the company confirmed a substantial hydrocarbon accumulation.
Read moreUnion Jack completes farm-in at PEDL183
3rd Dec 2018 14:40
(Sharecast News) - Union Jack Oil has received written consent from the Oil and Gas Authority, satisfied all conditions precedent, and has now completed the farm-in with Rathlin Energy UK for a 16.665% licence interest in PEDL183, it announced on Monday.
Read moreDirector dealings: Union Jack directors up stake
3rd Oct 2018 16:02
(Sharecast News) - Union Jack Oil executive director Joseph O'Farrell purchased 35.29m ordinary shares as part of the London-listed firm's placing on Wednesday.
Read moreNorth Lincolnshire council refuses planning consent for Wressle oil field
11th Jan 2017 16:22
(ShareCast News) - Shares in Egdon Resources and Union Jack Oil tumbled after the North Lincolnshire County Council's refused planning consent for the development of the Wressle oil field in North Lincolnshire. The planning committee also approved the application for the installation of groundwater
Read moreEuropa Oil & Gas can sell licence to Union Jack Oil
22nd Nov 2016 09:53
(ShareCast News) - Europa Oil & Gas' proposed sale of a stake in a North Lincolnshire licence for £600,000 to Union Jack Oil has been approved by the industry regulatory body. The Oil & Gas Authority has approved the sale on a 3.34% interest in the PEDL 180 and 180 licences, which cover the Wressle
Read moreUnion Jack Oil raises £0.7m in placing
22nd Sep 2016 10:47
(ShareCast News) - Union Jack Oil announced on Thursday that it has raised £0.7m before expenses, through a placing of 411,764,706 new ordinary shares of 0.025p at a price of 0.17p per placing share. The AIM-traded firm said the intended proceeds from the placing are to further expand the company'
Read moreUnion Jack Oil expects Wressle to have material impact on cash flow
5th Sep 2016 10:28
(ShareCast News) - Hydrocarbon developer Union Jack Oil said it remained debt free and was trading satisfactorily following the acquisition of three licenses in the first half of the year. During the six months ended 30 June the company bought three licences, a 7.5% interest in the PEDL143, which in
Read moreEdgon confirms licence extensions and conversions
4th Jul 2016 10:37
(ShareCast News) - Egdon Resources announced on Monday that the Oil and Gas Authority approved various licence extensions and conversions of licences to new model terms, as well as the relinquishment of one Egdon-operated licence. The AIM-traded firm confirmed that the first term of licence P1929 in
Read moreUnion Jack Oil looks to Wressle production in second half
16th May 2016 13:02
(ShareCast News) - Union Jack Oil said the Wressle oil and gas discovery in Lincolnshire is moving closer to development with a view to beginning commercial production in the second half. The company, which today widened its full year pretax loss to £0.59m from a loss of £0.55m, has an 8.33% interes
Read moreUnion Jack announces start of drilling at Laughton
15th Feb 2016 14:55
(ShareCast News) - One of Union Jack Oil's newer investments achieved a major milestone this month, with the company announcing the start of drilling operations at the conventional Laughton-1 well. The AIM-traded onshore oil and gas production and exploration firm said the well was situated within P
Read more