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'It's been a great week at the office', says Union Jack Oil's David Bramhill

David Bramhill, executive chairman at Union Jack Oil PLC (LON:UJO) looks back on a week that's seen a series of positive announcements for the company.

On Monday shares advanced after extensions were granted to planning permission for the Biscathorpe-2 and North Kelsey-1 well site locations.

Then on Tuesday UJO acquired a stake in two potential UK shale projects, with a minimal upfront investment.

And then on Thursday the government gave “wholehearted support” to the UK's onshore shale gas industry - a move Bramhill said he's delighted with.

Quick facts: Union Jack Oil PLC

Price: 0.1745 GBX

Market: AIM
Market Cap: £34.58 m

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Sigh of relief from Union Jack Oil after Wressle re-submission

David Bramhill, executive chairman of Union Jack Oil PLC (LON:UJO), talks to Proactive's Andrew Scott after Egdon Resources Plc (LON:EDR), the operator of the Wressle project in which UJO and Europa Oil & Gas PLC (LON:EOG) have stakes, submitted a new planning application for the...

on 9/7/18

2 min read