Union Jack Oil Share Discussion Threads

[theaviator] 22/8/2019 18:48

Yup. Good enough for rbd to up stake to 30% good enough for me.

[bionicdog] 22/8/2019 18:24

More nonsense from local morons.

“It was an awful, dreadful smell. It also smelt in the house.”
“I felt head-achy and a bit dizzy. My eyes were stinging.”

[1oughton] 22/8/2019 18:16

Some sad trolls here.jealous losers

[bionicdog] 22/8/2019 18:09

Dunno , but whoever it is they must be running out.

[lageraemia] 22/8/2019 16:45

Is that Mr Tait and his multiple aliases again?

[pishcoin] 22/8/2019 16:43

YOU NEED TO WASH THAT NASTY TOUNGE OUT YOU LITTLE VILE CVNT TALKING TO FOLK LIKE THAT ! You sound like that NONCE "BT" "buried treasure" "Botcoin" lol

[bionicdog] 22/8/2019 16:40

Such language.

[therealapplegarth] 22/8/2019 16:28

Think I'll hang around here now thanks bid1ckdog & Webbs

[therealapplegarth] 22/8/2019 16:28

Gutter AIM stocks like this burn cash quick and wouldn't surprise me if ANOTHER CASH CALL SOON "PLACING" LOL

[therealapplegarth] 22/8/2019 16:27

UP YOURS "bid1ckdog"

[moneymunch] 22/8/2019 16:24

Lol...they've just had one Trigger..;-)

28 June 2019

Union Jack Oil plc

("Union Jack" or the "Company")

Oversubscribed Placing and Subscription to raise GBP2.25 million

Union Jack Oil plc (AIM: UJO), a UK-focused onshore hydrocarbon production, development and exploration company, is pleased to announce that it has raised GBP2.25 million by way of a placing and subscription of 1,323,529,411 new ordinary shares of 0.025p each ("New Ordinary Shares") at a price of 0.17 pence per New Ordinary Share (the "Fundraising"). The Fundraising comprises a placing of 1,199,411,764 New Ordinary Shares ("Placing") and a subscription of 124,117,647 New Ordinary Shares ("Subscription"). share price Angel Corporate Finance LLP acted as sole broker on the Placing.

The proceeds will be used principally for the planned Q3 2019 extended well test following the successful West Newton A-2 appraisal well and to provide additional working capital.

David Bramhill, Executive Chairman of Union Jack, commented:

"Following the successful result at the West Newton A-2 appraisal well, the Board has raised additional equity capital to progress the previously announced long-term production test, scheduled to commence in Q3 2019.

"The Board is delighted with the result of the oversubscribed Fundraising and, given current testing equity market conditions, would like to thank our existing shareholders for their continued support and welcome new investors to Union Jack.

"Given the successful West Newton A-2 appraisal well result, and our improved financial position resulting from this Fundraising, we keenly await the results of the planned extended well test in Q3 2019 that will be expanded to test the liquid and/or gas intervals evident in the well. If the planned extended well test is successful, West Newton could be transformational for Union Jack and deliver growth in reserves, production and shareholder value.

"The directors are extremely confident about the future prospects for Union Jack and look forward to updating the market on developments at the West Newton production test and its wider portfolio."

[maxwell] 22/8/2019 16:10

Today definitely an improvement over a slow yesterday!!!!
Plus a bank holiday coming up to get out & about.

Roll on the next few weeks & enjoy the fun....

[moneymunch] 22/8/2019 15:56

Flow testing commenced earlier today, RBD make an additional £1m investment and the flare stack is already ablaze.....all bodes well...Gla ;-)

[bionicdog] 22/8/2019 15:33

Don't worry Uxbridge , it probably isn't really happening.

[theaviator] 22/8/2019 15:33

Took another chunk. That'll do here now. Nicely placed in both ujo and rbd.Looks like it's all coming together nicely

[bionicdog] 22/8/2019 15:24

22nd August 2019
West Newton Operations Update
The flow testing of the WNA-2 well commenced earlier today.
The well test programme is scheduled to continue for the next 4-8 weeks.
The necessary regulatory permissions and consents are in place for this test.
Additional information regarding the test programme will be made available once the relevant data has been collected and analysed.

[likeawalrus] 22/8/2019 14:46

there's an old saying - "empty cans rattle the most" - you know who you are :)