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Share Price: 21.50

Bid: 21.00

Ask: 22.00

Change: -1.00 (-4.44%)

Spread: 1.00 (4.762%)

Open: 22.25

High: 22.50

Low: 21.50

Prev. Close: 22.50

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IN BRIEF: Union, Reabold Expects Drilling To Begin At West Newton B

Tue, 18th Aug 2020 18:29

Union Jack Oil PLC - UK-focused onshore hydrocarbon production, development and exploration company - Notes, along with Reabold Resources PLC, Rathlin Energy has completed construction work at West Newton B site. Union Jack holds a 16.665% interest in PEDL183, containing the conventional West Newton A-1 discovery well and the successful West Newton A-2 appraisal well. Reabold has a 56% economic interest in West Newton. Will now begin drilling operations. The drilling will continue for six to ten weeks. The information gathered during the drilling of West Newton B-1 will inform a subsequent programme of well testing to establish productive capability and any future drilling operations.

Current stock price: 0.29 pence

Year-to-date change: up 76%

By Paul McGowan; paulmcgowan@alliancenews.com

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Union Jack Share News (UJO)

Share Price Information for Union Jack (UJO)

IN BRIEF: Union, Reabold Expects Drilling To Begin At West Newton B

Union Jack, Reabold Report Next Step Of Drilling At West Newton

Reabold, Union Jack Note Rathlin's Progress At West Newton

IN BRIEF: Union Jack Oil Raises GBP7 Million From Placing

Union Jack Oil Interim Loss Worsens But Pleased With Project Progress

UK TRADING UPDATE SUMMARY: Prime People Hurt As Covid Hits Job Market

IN BRIEF: Union Jack And Egdon Get North Kelsey Planning Boost

IN BRIEF: Settlement Proceeds Received Note Edgon And Union Jack

IN BRIEF: Union Jack And Reabold Seek New West Newton Sites

UK TRADING UPDATE SUMMARY: Tiziana Offering to Raise GBP57 Million

Union Jack shares rise as OGA approves Biscathorpe acquisition

IN BRIEF: Union Jack Oil Says UK Regulator Green Lights PEDL253 Deal

DIRECTOR DEALINGS: Union Jack Oil Executive Director Buys 11.1 Million Shares

IN BRIEF: Union Jack Forks Out GBP115,000 For Extra 3% Of PEDL253

IN BRIEF: Union Jack Forks Out GBP115,000 For Extra 3% Of PEDL253

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IN BRIEF: Union, Reabold Expects Drilling To Begin At West Newton B

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