Union Jack Oil plc (LON:UJO), a UK focused onshore hydrocarbon production, development and exploration company, has provided an update in respect of the UK onshore Wressle-1 well.
Crude oil prices began the week with a 1% gain in mid-morning trade in Asia as the latest news about Red Sea ship attacks sparked concern about the security of
Crude oil prices began trading this week with a gain, extending Friday’s rally as news emerged that the U.S. federal government is buying up to 3 million barrels for the strategic petroleum
Oil prices reclaimed some ground on Thursday after tumbling to a six-month low in the previous session but investors remained concerned about sluggish demand and economic slowdowns in the U.S.
Oil prices rose on Tuesday, supported by a weak dollar and expectations that the OPEC+ producer group would deepen and extend output cuts due to concerns over subdued demand. Brent
The Wressle-1 well has been brought back into production at the joint venture within PEDL180/192 oil field in Lincolnshire. Project partners comprise operator Egdon Energy plc (30%), Union Jack Oil
Union Jack Oil’s David Bramhill discusses the successful appeal at Biscathorpe, updates on Wressle and any other projects on the horizon in this exclusive interview with DirectorsTalk.
Crude oil prices began the week with gains amid mounting expectations that OPEC+ will deepen voluntary production cuts. Both Brent crude and West Texas Intermediate posted modest gains in mid-morning trade in Asia today,
Licence PEDL253 holders Union Jack Oil plc (45%), operator Egdon Resources Ltd (35.8%) and Montrose Industries Ltd (19.2%) secured permission after Lincolnshire County Council last year rejected their application. The partners will
Union Jack Oil plc has won its appeal before the Planning Inspectorate against the refusal of planning permission by the Lincolnshire County Council for a side-track drilling operation, associated testing
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