RE: We now have 4,925,000 shares in Treasury πͺ8 Jun 2023 16:25
Highlights coming up shortly ....
Β· Landmark US$16,000,000 revenues generated to Union Jack since re-commencement of production at Wressle during August 2021
Β· Well producing under natural flow with zero water cut
Β· Union Jack continues to be cash flow positive covering all G&A, OPEX and contracted or planned CAPEX costs, including any drilling activities for at least the next 12 months
Β· As of 19th June 2023, cash balances, short- term receivables and liquid investments stood at IRO Β£11,000,000
Β· Debt free
. Interim dividend paid in July 2023