Union Jack Oil PLC relayed to its investors an update for its joint venture partner projects onshore UK, with Europa Oil & Gas (Holdings) PLC and Egdon Resources PLC.
It comes ahead of Union Jack’s interim results, due on 15 May.
The Wressle oilfield, in which Union Jack holds a 40% interest, continues to exceed expectations with net production increasing by 55% from 134 barrels of oil per day (bopd) to 207 bopd, Union Jack noted in a statement.
Wressle is now ranked as the second-most productive onshore UK oilfield.
Union Jack Oil plc (LON:UJO) is an onshore oil and gas exploration company with a focus on drilling, development and investment opportunities in the United Kingdom hydrocarbon sector.