RE: Oil in Storage Tanks over @ PPP = Funding Secured for Horse Hill Exploration16 Jun 2023 23:49
UJO a nice little oiler that actually produces something, the SP still in the doldrums though, long time hold for me, Union Jack Oil plc
("Union Jack" or the "Company")
US$16,000,000 Net Revenues Landmark Reached at Wressle
Union Jack Oil plc (AIM: UJO) a UK focused onshore hydrocarbon production, development and exploration company, is pleased to announce that material landmark net revenues, in excess of US$16,000,000 have been achieved from the Wressle hydrocarbon development ("Wressle"), located within licences PEDL180 and PEDL182 in North Lincolnshire on the western margin of the Humber Basin.
Union Jack holds a 40% economic interest in this development.
Highlights
· Landmark US$16,000,000 revenues generated to Union Jack since re-commencement of production at Wressle during August 2021