Union Jack Oil plc (LON: UJO, OTCQB: UJOGF), a UK and USA focused onshore hydrocarbon, production, development, exploration and investment company, has announced a positive drilling update in respect of the Taylor 1-16 well, located in Seminole County, Oklahoma, USA, in which Union Jack holds a 45% working interest.
The Taylor well was drilled to a Total Depth of 4,577 feet and electric logs were acquired.
The main objective for this well, the Hunton Limestone (“Hunton”) interval, was encountered at 4,168 feet and is confirmed to be hydrocarbon-bearing and appears highly porous and permeable.
Production casing has been run and cemented and the rig released.
The technical team at Reach Oil and Gas Company Inc., the Operator, is currently planning the completion programme which is expected to commence in early December 2024.
Two other potential secondary intervals were observed, the Cromwell Sand and Misener Sand. These intervals will be evaluated at a later date.
