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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Union Jack Oil Plc | AQSE:UJO.GB | Aquis Stock Exchange | Ordinary Share | GB00BLH1S316 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 10.75 | 10.00 | 11.00 | 10.75 | 10.50 | 10.75 | 46,545 | 16:29:53 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMUJO
RNS Number : 7093S
Union Jack Oil PLC
08 November 2023
8 November 2023
Union Jack Oil plc
("Union Jack" or the "Company")
Production Resumed at Wressle PEDL180/PEDL182
Union Jack Oil plc (AIM: UJO), a UK focused onshore hydrocarbon production, development and exploration company is pleased to announce that the Wressle-1 well has been brought back into production following the installation of a downhole jet pump and associated surface facilities to optimise flow-rates.
Since production resumed, flow-rates in excess of 950 barrels of oil per day have been recorded. The well is now on continuous 24-hour production and is still cleaning up. Export and sale of oil has recommenced.
Once stabilised production is achieved a further announcement will be made.
Union Jack holds a 40% economic interest in PEDL180 and PEDL182.
For further information, please contact:
Union Jack Oil plc info@unionjackoil.com David Bramhill SP Angel Corporate Finance LLP Nominated Adviser and Joint Broker Matthew Johnson Richard Hail Kasia Brzozowska +44 (0)20 3470 0470 Shore Capital Stockbrokers Limited Joint Broker Toby Gibbs Iain Sexton +44 (0)20 7408 4090
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(END) Dow Jones Newswires
November 08, 2023 02:00 ET (07:00 GMT)
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