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Latest Share Chat

IN BRIEF: Union Jack Oil confirms mulling of equity fundraising

Fri, 17th Sep 2021 18:00

Union Jack Oil PLC - UK-focused onshore conventional oil and gas company - Confirms that it is considering a potential equity fundraising in order to fund the proposed purchase of a further 25% interest in the Claymore Piper Complex Royalty Units, upgrade certain producing assets and progress appraisal projects.

Current stock price: 25.60 pence, down 12%

Year-to-date change: down 20%

By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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