In an ambitious move that underscores the evolving landscape of the UK’s energy sector, Union Jack Oil PLC has set its sights on drilling a new well, WN-A3, in the
The OPEC+ group of oil producers is holding firm on measures to boost prices. On Sunday, members agreed to extend oil output cuts of 2.2 million barrels per day into
The West Newton joint venture said it would save costs and generate early cash flow under revised plans for PEDL183 in East Yorkshire. The licence contains the West Newton A1,
Oil prices on Tuesday built on gains made a day earlier amid attacks on shipping in the Red Sea that have exacerbated supply worries. Brent crude futures rose 36 cents,
Union Jack Oil plc (LON: UJO), a UK focused onshore hydrocarbon production, development and exploration company, has offered a positive update in respect of planned future drilling and the potential development at
Oil prices rose for a second day on Thursday, buoyed by a softer dollar and another attack on shipping near Yemen. Brent crude futures rose 35 cents, or 0.4%, to
Union Jack Oil, a company specialising in onshore hydrocarbon production, development, and exploration in the UK and US, has entered into two additional farm-in agreements with Reach Oil & Gas
Union Jack Oil plc has signed further two farm-ins, following the West Bowlegs deal, for projects in Oklahoma, USA. The first is to acquire a 75% working interest in a well planned
Union Jack Oil plc (LON:UJO), a UK and USA focused onshore hydrocarbon production, development and exploration company, hss announced, further to the Company’s announcement dated6 February 2024, that it has signed a
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