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.
Read moreUnion 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.
Read moreUnion 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.
Read moreUnion 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.
Read moreUnion 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.
Read moreUnion 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.
Read moreUnion 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.
Read moreUnion 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.
Read moreUnion 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.
Read moreUnion 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.
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