Union Jack Oil publishes positive carbon Intensity study results for West Newton

Union Jack Oil plc (LON:UJO) (OTCQB:UJOGF), a UK and USA focused onshore hydrocarbon production, development, exploration and investment company, has published the positive conclusions of a Carbon Intensity Study on the West Newton gas development, located within PEDL 183 onshore UK in East Yorkshire. This study was undertaken on behalf of Union Jack and Reabold Resources plc, by GaffneyCline & Associates Limited, an international petroleum and energy consultancy.

Union Jack holds a 16.665% interest in PEDL 183 that includes the West Newton hydrocarbon discoveries. The Report can be found on the Company’s website, unionjackoil.com.

The GaffneyCline Report highlighted the following:

· The West Newton project has an AA rating for Carbon Intensity for its potential upstream gas and condensate production;

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Union Jack Oil Plc (UJO)

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