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 December 2023, prepared by ERC Equipoise Ltd.

The Executive Summary from ERCE’s Report has been published on the Company’s website www.unionjackoil.com.

Union Jack holds a 40% economic interest in PEDL180 and PEDL182.

HIGHLIGHTS

·    263% increase in 2P Reserves compared to 2016 CPR

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