Wed, 27th Nov 2019 12:16
(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(ShareCast News) - Oil and gas production and exploration company Union Jack Oil has inked a farm-in deal with Egdon Resources. The AIM-listed group said it has agreed to farm-in to the conventional prospects of PEDL209 containing the Laughton prospect. PEDL209 is situated along the eastern side of
Read more(ShareCast News) - Union Jack Oil has raised £800,000 through a placing of 470.6m shares at 0.17p each. The company said proceeds from the placing will allow it to take advantage of the current opportunities within the oil and gas market to further expand its portfolio through the acquisition of int
Read more(ShareCast News) - Union Jack Oil is well placed to benefit of a "dislocation" within the oil gas and industry, according to group chief executive David Bramhill. Bramhill's comments came as the company reported a £256,038 loss for the six months to 30 June, while net assets rose 58.3% year-on-year
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