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UJO Union Jack Oil Plc

24.00
0.50 (2.13%)
08 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Union Jack Oil Plc LSE:UJO London Ordinary Share GB00BLH1S316 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.50 2.13% 24.00 23.00 25.00 24.00 24.00 24.00 389,518 08:00:23
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Oil And Gas Field Expl Svcs 8.51M 3.61M 0.0320 7.50 27.05M

Union Jack Oil PLC West Newton A-2 Update (9966J)

23/08/2019 7:00am

UK Regulatory


Union Jack Oil (LSE:UJO)
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TIDMUJO

RNS Number : 9966J

Union Jack Oil PLC

23 August 2019

23 August 2019

Union Jack Oil plc

("Union Jack" or the "Company")

West Newton A-2 Update

Union Jack Oil plc (AIM: UJO), a UK focused on-shore hydrocarbon production, development and exploration company, notes that Rathlin Energy (UK) Limited ("Rathlin"), the operator of PEDL 183, communicated the following to local residents as part of its participation in the West Newton Community Liaison group yesterday afternoon. Union Jack holds a 16.665% interest in this licence containing the West Newton A-1 discovery well and the recent successful West Newton A-2 conventional appraisal well.

"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."

For further information, please contact:

 
Union Jack Oil plc             +44 (0)7787 160 682 
David Bramhill 
SP Angel Corporate Finance 
 LLP                           +44 (0)20 3470 0470 
Nominated Adviser and Broker 
Lindsay Mair 
Richard Hail 
Cassiopeia Services Ltd        +44 (0)7949 690 338 
Public Relations 
Stefania Barbaglio 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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(END) Dow Jones Newswires

August 23, 2019 02:00 ET (06:00 GMT)

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