Union Jack Oil operations Uunaffected following Government shale gas moratorium

Union Jack Oil (LON:UJO), a UK focused onshore conventional hydrocarbon production, development and exploration company, has noted the announcement issued by the Department of Business, Energy and Industrial Strategy on behalf of the UK Government, on 2 November 2019, in respect of a shale gas moratorium.

This statement will have no impact on Union Jack’s continuing and planned future production, development and exploration operations which are exclusively conventional.

The Company has no intent to engage in hydraulic fracturing operations in England, neither now nor in the future.

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

More articles like this

Union Jack Oil

Oil prices rise amid sanctions reversal

Oil markets remain resilient amid geopolitical tensions. Prices edged up on Monday despite supply concerns, with Brent crude reaching $78.88 a barrel.

Union Jack Oil

Oil markets edge up as investors weigh China’s growth promise

Oil prices gained modest ground as 2025 began, reflecting cautious optimism among investors analysing China’s economic outlook and fuel demand. A commitment from Chinese President Xi Jinping to implement growth-focused policies has prompted speculation about potential