Union Jack Oil loan paid back by Europa Oil & Gas

Union Jack Oil plc (LON:UJO) a UK focused onshore hydrocarbon production, development and exploration company, has today announced that in accordance with the terms of the loan facility and charge agreements executed between Union Jack and Europa Oil & Gas (Holdings) plc (“Europa”) as announced on 9 September 2022, Europa has repaid the principal of £1,000,000 and applicable interest in full.

Accordingly, the Loan Facility has been cancelled and the security held by Union Jack Oil will now be released.

Click to view all articles for the EPIC:
Or click to view the full company profile:
Facebook
Twitter
LinkedIn
Union Jack Oil

More articles like this

Union Jack Oil

Union Jack Oil expands into USA with three mineral royalty packages

Union Jack Oil plc (LON:UJO), a predominantly UK onshore focused production, development and exploration company, has announced details of its initial expansion into the United States of America, with the purchase of three Mineral Royalty packages, brokered by

Union Jack Oil

Oil and Gas companies to follow in 2024

Union Jack Oil UK-focused oil and gas producer Union Jack Oil (AIM:UJO) has continued to profit from the highly successful resumption of production at its flagship Wressle asset, generating revenues underpinning plans for future ventures. The company’s flagship

Union Jack Oil

Union Jack Oil Wressle CPR Shows 263% Increase in 2P Reserves

Union Jack Oil plc (LON:UJO), an onshore hydrocarbon production, development and exploration company, principally focused in the UK, has provided its summary of the Competent Person’s Report for the Wressle field and Broughton North Prospect, dated 31