UJO RNS USD 7 mm net UJO reached20 Jun 2022 09:12
Highlights
· Landmark US$7,000,000 revenues generated to Union Jack since re-commencement of production on 19 August 2021
· Current daily production figures continue to be an average constrained flow-rate of 750 barrels of oil per day ("bopd"), well in-excess of the prognosed 500 bopd from the Ashover Grit reservoir
· Well continues to produce under natural flow with zero water cut