Union Jack Oil set for West Newton catalysts with imminent start of drilling
The well is an appraisal of a discovery that's estimated to host some 146mln barrels of oil, onshore UK
Company
Union Jack Oil PLC
LON:UJO
Union Jack Oil PLC is an oil and gas company with a focus on onshore production, development, exploration and investment opportunities within the United Kingdom and the United States of America hydrocarbon sector.
571 stories · page 3 of 6
Union Jack Oil counts down to new drilling at West Newton
"We are fortunate to be in a position where the West Newton JV is fully funded for its planned drilling and testing activities,” said chairman David Bramhill
Union Jack Oil gets green light to up Wressle stake
“The expected transformative economic effect on the company once commercial production is established will be welcomed and will be a major catalyst in achieving our goal of propelling Union Jack to mid-tier status,” said UJO chairman David
Union Jack Oil approved to increase its stake in Lincolnshire's Biscathorpe field
The company believes the asset is one of the UK`s largest onshore un-appraised conventional licences
Proactive weekly oil and gas highlights: Union Jack Oil and Gas, Bahamas Petroleum, San Leon Energy
News from the oil and gas sector this week on Proactive
Union Jack Oil strikes deals to increase stake in Biscathorpe
"We are pleased to have been offered this opportunity to increase our interest to 30% in Biscathorpe," said David Bramhill.
Union Jack Oil says West Newton project scores well for carbon intensity
"This study is an excellent overview of the green credentials for any future development decision at West Newton,” said chairman David Bramhill
Union Jack Oil target lifted by broker as it strikes value-adding Wressle deal
“The current macro backdrop has given rise for cashed-up E&P companies to opportunistically purchase compelling assets at material discounts," said analyst Sam Wahab.
Union Jack Oil ups Wressle stake to 40% with Humber transaction
It is a significant transaction ahead of the transformational start-up of production at Wressle later this year
Union Jack Oil boasts excellent progress as Wressle oil field development advances
The oil field in North Lincolnshire is due to finally be delivered later this year
Union Jack Oil tipped for upside thanks to robust funds and attractive project economics
“Union Jack’s investment case is relatively unique given its robust financial position and attractive project economics across its core asset base in our view,” SP Angel said.
Union Jack Oil fully funded for all UK well plans
"My confidence in respect of Union Jack's future remains highly positive,” said executive chairman David Bramhill
Archive
Proactive news headlines: Union Jack Oi, Open Orphan, Gfinity, OptiBiotix Health …
A glance at some of the day's highlights from the Proactive Investors newswire
Union Jack Oil says partner updates on site works schedule for West Newton project
Work programmes for access to the site are expected to take five to six weeks
Archive
Malcy's Blog - Oil price, Reabold/Union Jack, President, Block
Reabold (AIM:RBD) / Union Jack (AIM:UJO) Slipped by yesterday after all the calls etc was that Rathlin Energy, as operator for the West Newton EWT has received a positive decision from the EA with regard to the well test.
Union Jack Oil’s West Newton project gets greenlight for testing programme
Operations will advance for the exciting onshore project in East Yorkshire once coronavirus restrictions allow
Union Jack Oil partner is safely advancing site work for West Newton B
The present work is a prerequisite to future well operations
Union Jack Oil’s Biscathorpe project confirmed “financially robust” at current crude prices
Biscathorpe stands up as "robust" against currently reduced crude oil prices
Union Jack Oil to increase stake in Keddington oil field
The AIM-quoted onshore UK oil and gas firm increases its stake to 55%.
Union Jack Oil advancing toward West Newton restart and new drilling
Testing had to be redesigned after an unexpected success with the discovery of an oil column at West Newton, rather than just gas.
Union Jack Oil says consortium has green light for Wressle oil field development
The planning inspectorate ruled in favour of operator Egdon Resources' appeal against North Lincolnshire Council
Union Jack Oil and partners prepare to test North Sea-style onshore oil and gas field
In the latest missive, UJO said pumping, surface separation, fluid storage tanks and other well testing equipment has now been sourced, while regulatory approvals to re-commence the well test are being sought,
Union Jack Oil set for “strong activity” in the coming months – SP Angel
“The placing enables Union Jack to progress the technically and financially compelling West Newton project under a planned two well drilling and testing programme for H1 2020," said analyst Sam Wahab.
Union Jack Oil raises £5mln for new wells at West Newton
"The board is delighted with the result of this successful fundraising,” said David Bramhill, Union Jack chairman.
Union Jack Oil working on possible equity raise to fund West Newton
The majority of the new funds will be earmarked for the West Newton oil project, which is now positioned as Union Jack's 'flagship' asset.
Archive
Today's Oil & Gas Update - Union Jack Oil, Baron Oil and Aminex.
Union Jack Oil* (LON:UJO) and Reabold Resources (RBD) – Updated Volumetrics at West Newton Baron Oil* (LON:BOIL) – Update on Chuditch PSC, offshore Timor-Leste Aminex (LON:AEX): Ruvuma Joint Statement with Solo Oil
Archive
Today's Oil & Gas Update - Union Jack Oil
Union Jack Oil (“Union Jack” or the “Company”) has today released updated volumetrics compiled by the Operator Rathlin Energy (UK) Limited at its flagship, conventional West Newton project, indicating a significant upgrade to the 2017 figur
Union Jack Oil has West Newton's oil potential confirmed by new analysis
The Kirkham Abbey reservoir contains a base case 146mln barrels of oil-in-place and a best case of 283mln barrels.
Union Jack Oil jumps on West Newton speculation
The company put out a statement in response to recent market speculation about drilling data from the East Yorkshire project
Union Jack and Europa higher after shrugging off UK fracking ban
In a major reversal of policy on Saturday, the government announced that fracking, or hydraulic fracturing, will be halted in England immediately following a series of earthquakes at a site in Lancashire
Union Jack Oil upgraded by broker after West Newton discovery
Its 16.667% stake in West Newton could generate triple the current market value of the company, says broker
Archive
Today's Oil & Gas Update - Union Jack Oil
We believe Union Jack Oil’s (“Union Jack” or the “Company”) current share price represents a compelling entry point into a growing producer, operating in a prolific hydrocarbon province. With three material ‘Company maker’ acreage positions
Union Jack Oil highlights “significant progress” in half-yearly results
Three UK oil projects all have the potential to substantially enhance Union Jack Oil's asset base
Proactive weekly oil and gas highlights: Union Jack Oil, Cadogan Petroleum, Acquisitive Diversified Gas & Oil
A look back at some of the interesting news stories from London’s junior oilers
Union Jack Oil’s West Newton now seen as “significant oil and gas discovery”
"The confirmation of a major oil discovery at the West Newton project is highly encouraging compared to its original perception as a substantial gas discovery,” said David Bramhill.
Union Jack Oil plc’s 16% owned West Newton well sees start of flow testing
Well testing has started and will run for up to eight weeks.
Union Jack notes Rathlin Energy’s mobilisation of service rig at West Newton A-2
Union Jack said over the coming days Rathlin would equip the A-2 well for test operations which would then run over the next 4-8 weeks
Union Jack Oil's West Newton partner begins logging second well
A wireline unit is now on site at the West Newton A-2 conventional appraisal for logging and testing over the coming 4-8 weeks
Archive
Proactive news snapshot: Europa Oil & Gas, Integumen, Victoria Oil & Gas...
A glance at some of the day's highlights from the Proactive Investors newswire
Union Jack Oil boosted by ‘very positive’ twist in Wressle planning saga
North Lincolnshire Council has withdrawn its case in respect of an upcoming appeal against a past refusal of planning permission.
Archive
Proactive news snapshot: Advanced Oncotherapy, discoverIE Group, Primary Health Properties...
A glance at some of the day's highlights from the Proactive Investors newswire
Union Jack Oil: West Newton operator updates on test plans
Project operator Rathlin Energy noted that it will seek an additional consent ahead of well testing.
Technical analysis validates Biscathorpe potential say Union Jack Oil and Egdon Resources
A sample taken from 20 intervals indicates the presence of a 35-metre column of good quality oil at a depth of a 1,980 metres
Archive
Proactive oil and gas highlights: 88 Energy, Union Jack Oil, SDX Energy, Rose Petroleum ...
It was a 'summerish' week in the oil and gas sector, though a number of project updates and financial results keep investors engaged.
Archive
Proactive news snapshot: Union Jack Oil, Oncimmune, Ariana Resources …
A glance at some of the day's highlights from the Proactive Investors newswire
Investments and investor services
Angus Energy considers sale of Brockham licences after disappointing drilling programme
A look at the day's major movers, including Rose Petroleum, Craneware, CVS, Adept4, Merlin, Mirriad and Costain
Union Jack Oil raises £2.25mln as it looks forward to West Newton well test
"The board is delighted with the result of the oversubscribed fundraising and, given current testing equity market conditions,” said David Bramhill.
Investments and investor services
FTSE 100 closes higher on day and week as world leaders meet
The mid-cap FTSE 250 added over 147 points to close at 19,462 on Friday
Archive
Proactive news snapshot: 88 Energy, Tekcapital, AFC Energy, SDX Energy …
A glance at some of the day's highlights from the Proactive Investors newswire
Archive
Proactive oil & gas highlights: Hurricane Energy, Union Jack Oil, Sound Energy…
A look back at some of the highlights from London’s junior oilers over the past week...
Archive
Small cap movers: Oil minnows sent gushing as drilling potentially unearths UK’s largest onshore gas field
A look back at some of this week's more interesting stories from London's junior market
Move over Sirius Minerals!! Well success puts Union Jack Oil’s Yorkshire project on the map
"The initial results of the West Newton A-2 appraisal well exceed our expectations,” said David Bramhill, Union Jack’s executive chairman
Archive
Proactive news snapshot: Union Jack Oil, Ethernity Networks, hVIVO, Intosol Holdings …
A glance at some of the day's highlights from the Proactive Investors newswire
Investments and investor services
Amigo friendless after broker downgrade
A look at the day's major movers, including Primorus, Staffline, Dukemount, Premier Technical Services, Babcock, Hummingbird and Serabi Gold
Union Jack Oil reveals “potentially transformational” well success at West Newton
"The initial results of the West Newton A-2 appraisal well exceed our expectations,” said David Bramhill.
Investments and investor services
FTSE 100 closes higher Monday, just, as traders sit on hands
Footsie closed around 11 points higher at 7,357 at the start of the week, while mid-cap cousin FTSE 250 gained over 39 points
Archive
FTSE 100 closes near flat as global markets appear uninspired
Footsie closed up nearly a point at 7,368, while mid-cap cousin FTSE 250 shed over 77 points at 19,172
Archive
Tesco’s first quarter set to face tough comparisons
Tesco, DS Smith and PZ Cussons are the standout names in Thursday's diary.
Archive
Scapa boss not scarpering after all
A look at the day's major movers, including Helical, Ocado, Thomas Cook, Scapa, Dods Group, Rockfire Resources and Avesoro Resources
Archive
Proactive news snapshot: AfriTin Mining, Union Jack Oil, Eurasia Mining …
A glance at some of the day's highlights from the Proactive Investors newswire
Investments and investor services
FTSE 100 closes higher as trade tensions ease
The UK's index of leading shares finished the first day of the trading week around 46 points higher at 7,378
Archive
Proactive news snapshot: Argo Blockchain, Sareum Holdings, WideCells Group …
A glance at some of the day's highlights from the Proactive Investors newswire
Investments and investor services
EQTEC gives ground as it draws on its loan facility
A look at the day's major movers, including Carclo, Sareum, Karelian, Kier, Fulcrum, Microsaic, Dignity and Scapa
Archive
Proactive weekly oil & gas highlights: Block Energy, Hurricane Energy, SDX Energy ...
Funding news, project updates and financial results all featured in a busier week for the sector.
Archive
Proactive news snapshot: Argo Blockchain, CentralNic, Europa Metals...
A glance at some of the day's highlights from the Proactive Investors newswire
Union Jack Oil awaits West Newton results as onshore UK strategy continues to advance
The West Newton - drilling presently underway - presents a significant potentially high impact opportunity for Union Jack.
Archive
Proactive news snapshot: Xpediator, Kibo Energy, Mirada …
A glance at some of the day's highlights from the Proactive Investors newswire
Archive
Loungers sees good start to first day of trading on AIM
A look at some of the biggest risers and fallers in London on Monday
Union Jack Oil looks forward to fair hearing over Wressle
If approved, Wressle's development would significantly boost UJO's onshore UK production base.
Archive
Proactive weekly oil and gas highlights: United Oil & Gas, Union Jack Oil, Anglo African O&G ...
It was another interesting week in the oil and gas sector with project updates, funding news and new well programmes starting up.
Investments and investor services
Exillon Energy plunges after it calls in advisors to go over its accounts with a fine-toothed comb
A look at the day's major movers, including Bidstack, EU Supply, ReNeuron, Inspirit Energy, Prospex, Ferrexpo and Hastings Group
Archive
Proactive news snapshot: ReNeuron, Union Jack Oil, ANGLE, ECR Minerals …
A glance at some of the day's highlights from the Proactive Investors newswire
Union Jack Oil kicks off West Newton exploration well
"West Newton is a near term, and potentially high impact project"
Archive
Proactive weekly oil and gas highlights: Hurricane Energy, Block Energy, Columbus Energy, 88 Energy ...
It was a short but busy week, for the oil and gas sector.
Archive
Proactive news snapshot: Tower Resources, ECSC Group, Motif Bio, Asiamet Resources …
A glance at some of the day's highlights from the Proactive Investors newswire
UK Oil & Gas takes control of Holmwood to focus on ‘Horse Hill look-alike’
For UKOG, the deals give it control over 'one of the best untested prospects in the Weald basin, for Europa and Union Jack, it provides an exit to a project stalled in the planning office
Union Jack Oil exits Holmwood project, takes shares in UK Oil & Gas
It means UJO can now concentrate on key focus areas in the East Midlands, Humber Basin and East Yorkshire
Europa Oil & Gas deals out of Holmwood project
It has cashed out of Holmwood, monetising a project which has stalled in the planning permission process and remains uncertain
Archive
FTSE 100 ahead at the close as investor appetite returns
The premier UK share index finished around 33 points higher at 7,469
Archive
Proactive’s weekly oil & gas highlights: Solo Oil, Sound, Eland, Block Energy, Union Jack Oil, 88 Energy, Eco Atlantic, Hurricane Energy
It was another active week in the junior oil and gas sector with project updates, strategy reviews and financial results.
Archive
Proactive news snapshot: Motif Bio, Bluejay Mining, 88 Energy, Scancell …
A glance at some of the day's highlights from the Proactive Investors newswire
Archive
SimplyBiz boosted by agreement to acquire financial adviser Defaqto
A look at the day's biggest risers and fallers including SimplyBiz, Motif Bio, and Amphion
Archive
FTSE 100 closes firmly in red as traders flee risk ahead of Fed statement
The UK blue-chip index finished down nearly 33 points lower at 7,291
Archive
Proactive news snapshot: NetScientific, Capital Drilling, Horizonte Minerals …
A glance at some of the day's highlights from the Proactive Investors newswire
Archive
RedT Energy Storage shares plunge as it announces strategic review and equity raise
A look at some of the top risers and fallers in London on Thursday.
Archive
FTSE 100 closes higher as no deal Brexit fears ease
Footsie closed around 26 points higher at 7,185, while FTSE 250 added around 103 points at 19,283
Investments and investor services
Chamberlin slides after becoming the latest company to warn of Brexit uncertainty
A look at the day's major movers, including Jangada Mines, Pebble Beach, Gama Aviation, Water Intelligence and Maestrano
Archive
Proactive news snapshot: BlueRock Diamonds, Landore Resources, W Resources …
A glance at some of the day's highlights from the Proactive Investors newswire
Egdon Resources lodges Wressle appeal
Union Jack Oil owns 27.5% of licences 180 and 182 containing Wressle, which flowed at 710 barrels a day of oil and gas and is estimated to be hosting up to 2.15mln stock tank barrels of crude
Archive
FTSE 100 closes convincingly higher; BP top gainer
The UK's premier share index closed up over 143 points higher at 7,177
Archive
Proactive Weekly Oil & Gas highlights: Premier Oil, Union Jack, Block Energy, Falcon O&G ...
It was another busy week for London's oil and gas stocks.
Archive
Proactive news snapshot: Europa Oil & Gas, Union Jack Oil, FairFX Group …
A glance at some of the day's highlights from the Proactive Investors newswire
Investments and investor services
Rurelec in favour after it pays down its temporary loan by £200,000
A look at the day's major movers, including PetroNeft, RTC Group, Hydrogen, Lekoil, Oracle Power, Fuller's and Mountfield.
Union Jack Oil “very pleased” as Wressle is awarded one-year planning extension
"We believe the new proposals for Wressle comprehensively addressed the reasons highlighted by the planning inspector in his original dismissal of the development appeals in January 2018," David Bramhill said.
Archive
FTSE 100 closes lower on day and week as global growth worries knock sentiment
The UK's premier share index finished almost ten points down. It was also lower on the week as a whole
Archive
Proactive weekly oil and gas highlights: i3 Energy, Wentworth Resources, Eland Oil & Gas ...
The first full week of 2019 was a busy one for the oil and gas sector.
Union Jack Oil’s Biscathorpe-2 drilling kicks off
"Biscathorpe is one of the UK's largest onshore unappraised conventional oil prospects"