China’s first-quarter economic growth data is out and it’s an expectation beater. The country’s GDP grew at a rate of 5.3% during the first three months, versus Reuters economist poll expectations of

Union Jack Oil plc sounded positive after drilling the Andrews 1-17 well to 4,600ft on the West Bowlegs prospect in Seminole County, Oklahoma. The target Hunton Limestone was penetrated at 4,200ft, showing

Oil prices experienced an increase on Tuesday, supported by indications of potential demand improvement in China and the United States, the two largest oil-consuming nations in the world. There are

Oil prices rose in early Asian trading on Monday on concern over tighter global supply brought about by escalating conflict in the Middle East and between Russia and Ukraine, while

Oil prices ticked up in Asian trade on Monday, extending gains from last week when prices rose nearly 4% on the view that supply was tightening, with the risks heightened

Union Jack Oil plc expects drilling to start soon at its recently signed farm-in on the West Bowlegs prospect in Seminole County, Oklahoma. The company said operator Reach Oil & Gas Company Inc had

Union Jack Oil plc has added three packages of wells to its mineral royalty portfolio in the United States. The company’s agent and adviser Reach Oil & Gas Inc brokered