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UJO Union Jack Oil Plc

18.25
0.00 (0.00%)
24 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Union Jack Oil Plc UJO London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 18.25 08:00:00
Open Price Low Price High Price Close Price Previous Close
18.25 18.25 18.25 18.25 18.25
more quote information »
Industry Sector
OIL & GAS PRODUCERS

Union Jack Oil UJO Dividends History

Announcement Date Type Currency Dividend Amount Ex Date Record Date Payment Date
14/05/2024FinalGBP0.002504/07/202405/07/202426/07/2024
28/03/2023InterimGBP0.00306/07/202307/07/202328/07/2023
24/10/2022SpecialGBP0.00817/11/202218/11/202216/12/2022

Top Dividend Posts

Top Posts
Posted at 22/7/2024 07:32 by currypasty
Union Jack Oil plc
@UnionJackOilplc
#ujo $UJO #ujogf #OTCQB
Great to see all the activity at the Andrews site in Oklahoma, USA. Thanks to Miles Newman of Reach Oil & Gas for the brief commentary and the update on progress with the gas pipeline. Union Jack hold a 45% interest in both the Andrews 1-17 and 2-17 wells. An exciting time for the company and its shareholders 💪
Posted at 19/7/2024 14:39 by cat33
More on UJO from Jimhttps://oilman.beehiiv.com/p/oilman-jims-letter-july-19-2024Worth reading
Posted at 18/7/2024 07:04 by ashleyjv
Union Jack Oil plc (AIM: UJO, OTCQB: UJOGF), a UK and USA focused onshore hydrocarbon, production, development, exploration and investment company is pleased to announce a positive drilling update in respect of the Andrews 2-17 well, located in Seminole County, Oklahoma, United States in which Union Jack holds a 45% working interest.

Further to the spud announcement of 10 July 2024, the Andrews 2-17 well was drilled to a Total Depth of 4,850 feet.

The main objective for this well, the Hunton Limestone, is confirmed to be present and was penetrated at approximately 4,180 feet (Measured Depth), showing elevated gas readings, good oil and gas shows, stain and fluorescence from top to bottom of the interval and is hydrocarbon bearing as interpreted from the wireline logs.

Completion and production testing of the Andrews 2-17 well is scheduled to commence within the next 14 days.

The Hunton Limestone is one of the main hydrocarbon reservoirs in Oklahoma and is unconformably overlain by the main oil-prone source rock, the prolific Woodford Shale.

Drilling and completion costs have already been paid for from the Company's cash resources.

Further announcements will be made when more information becomes available.
Posted at 15/7/2024 12:20 by currypasty
Union Jack Oil plc
@UnionJackOilplc
ยท
1h
#ujo #ujogf #OTCQB

"The Andrews 2-17 well has a high chance of success and if proven commercial could be in production within weeks from spudding. Similar low-cost development wells nearby demonstrate that rapid pay-back can be achieved within six months.
Posted at 05/7/2024 11:36 by lageraemia
On the relevant bit of politics/the election for UJO, I suspect that Rachel Reeves will be just like every other chancellor in history. When she sees the maths of the tax revenue from oil and gas, she'll rapidly be less keen on shutting it all down on a whim.

Labour have suhc a big majority they don't really need the 'green' bed wetters. Its difficult to house, feed and educate people with no money coming. The realisation that people are screwed by energy poverty today will loom over the vague off chance that fewer people might die from weather in the future.

I think it will be a bit better for UJO and the O&G industry than people assume personally.
Posted at 28/6/2024 09:20 by currypasty
@UnionJackOilplc
#ujo $ujo

A significant number of major shareholders attended this year's Annual General Meeting as all questions presented were answered by the board. Positivity for the future of Union Jack's investment into the USA and decisions made to date were met with a resounding round of applause as the meeting concluded and the company looks forward to updating shareholders on progress as operations continue both in the UK and the US.
Posted at 13/6/2024 10:08 by lageraemia
UJO has one sixth stake in West Newton. £12m divided by 6 is £2m.

UJO has the cash sitting in the bank, and more.
Posted at 26/4/2024 09:14 by likeawalrus
NSTA says 609bpd for Jan, UJO says 530bpd for Q1, which means Feb/Mar must have been about 490bpd...so currently about 200bpd net to UJO

If the US well comes in at 150bpd that's 68bpd net to UJO

it's easy to see how the US could surpass Wressle if we have 2 or 3 producing wells
Posted at 22/4/2024 08:59 by greypanther2
A very useful addition to UJO's board was announced this morning: "Union Jack Oil plc (AIM: UJO, OTCQB: UJOGF), a UK and USA focused onshore hydrocarbon production, development and exploration company, is pleased to announce the appointment of Craig Howie as an independent Non-Executive Director with effect from 22 April 2024. The Company also announces that Raymond Godson, Non-Executive Director, will retire from the Board following the Annual General Meeting to be held on 27 June 2024.
To facilitate his appointment to Union Jack's Board, Craig will shortly be stepping down from his current role as lead E&P analyst at Shore Capital, where he has had responsibility for oil and gas equity research for 14 years. Craig has been actively involved with Union Jack since its IPO in 2013 and has wide-ranging financial markets experience. He previously spent five years at Blue Oar Securities, where he became a director of equity research and spent two years on secondment at subsidiary Rowan Dartington's headquarters in Bristol. He holds several securities industry qualifications and is a member of the Society of Petroleum Engineers." As well as being an excellent appointment in itself, I'd guess it lowers the board's average age by 4-5 years. But please don't say I'm being ageist!
Posted at 27/2/2024 14:35 by greypanther2
Today’s RNSs from UJO and Reabold contain some interesting points but, rather unfortunately IMO, neither of them mentions the expected cost of the directional well, other than saying its “offering significant cost savings compared with a horizontal well”. The gross cost of the horizontal well was originally expected to be of the order of £12 million, or £2.0 million net to UJO’s and Reabold’s 16.665% equity share. However, RBD’s presentation for their Edinburgh meeting tonight reveals slightly more about the directional well’s expected cost: £6.4 million for the well plus £3.0 million to test it, or £9.4 million in total. Of this smaller sum UJO’s and RBD’s share would be “only” £1.57 million and Rathlin’s 66.67% share would be about £6.27 million. So I suppose Reabold could conceivably bail out Rathlin by using the greater part of £9.1 million of cash that they say they have in the bank after receiving the final payment from Shell for Victory. But will they, I wonder? In their RNS UJO also said “An additional material secondary target in the deeper Permian Rotliegend Sandstone will also be evaluated during drilling of the WN-A3 or by the re-entry of WN-A1”. IMO the last point could be very important as the published data for the WN-A1 well shows that the well was suspended with only a 7 inch casing / liner over the Rotliegend gas-bearing interval. That could mean that re-entering the A1 well could be done quickly and quite cheaply, probably for about £0.5 to less than £1.0 million by using a much cheaper work-over rig. This could mean that an A1 re-entry well in 2024 is still a strong possibility.

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