News Results for Union Jack Oil (UJO)

  • Nov 08, 2019
  • Stock Market Wire

Union Jack Oil said a public inquiry to consider the development of the Wressle prospect in England had concluded, with a decision not expected to after UK national elections on 12 December. Union...

Reabold Resources and Union Jack Oil said it was too early to release an interpretation of data from the West Newton operation in Yorkshire. Both companies noted that there had been media...

Union Jack Oil said the UK government announcement regarding a moratorium on shale gas drilling would have no impact on its continuing or planned operations. The company said its activities all...

SP Angel today reaffirms its strong buy investment rating on Union Jack Oil Plc (LON:UJO) and raised its price target to 0.66p (from 0.55p). Story provided by StockMarketWire.com Broker Forecasts...

Union Jack Oil posted a first-half loss as it continued to prove up oil discoveries in the UK. Pre-tax losses for the six months through June amounted to £0.48m, compared to losses of £0.42m...

UK-focused hydrocarbon company Union Jack Oil said that drilling at its West Newton wells in Yorkshire showed the presence of both oil and gas, rather than pure gas as it originally thought. The...

Union Jack Oil said its partner in the West Newton prospect, Rathlin Energy, had commenced flow testing at a key well. Testing of the WNA-2 well was scheduled to continue for the next...

Reabold Resources and Union Jack Oil noted that their additional partner in the West Newton discovery, Rathlin Energy, had began mobilising a service rig and associated testing equipment at the...

Union Jack Oil said its partner in the West Newton discovery in Yorkshire, Rathlin Energy, had mobilsed a unit to commence testing work. Union Jack holds a 16.7% interest in the PEDL 183 licence,...

UK Oil exploration minnow Union Jack Oil has told shareholders that a date has been set for planning authorities to hear its appeal after a planning application was blocked by North Lincolnshire...

Union Jack Oil welcomed the results of further testing work by partner Egdon Resources that confirmed the presence of hydrocarbons at a UK exploration well. Union Jack held a 22% interest in...

SP Angel today reaffirms its buy investment rating on Union Jack Oil Plc (LON:UJO) and raised its price target to 0.55p (from 0.44p). Story provided by StockMarketWire.com Broker Forecasts data...

Union Jack Oil said it had raised £2.3m from a share issue to fund a well test in the third quarter of 2019, and provide additional working capital. New shares in the company were issued at 17p...

Union Jack Oil welcomed positive results from an appraisal well at the West Newton prospect in the UK. The company owned a 16.7% stake in the related licence. A substantial hydrocarbon...

UK Oil & Gas said it had completed the previously announced acquisition of the interests of both Europa Oil & Gas and Union Jack Oil in a UK exploration licence. The acquisition of their...

Union Jack Oil booked a full-year loss, owing to higher administrative expenses and impairment charges. Pre-tax losses for the year through December amounted to £1.1m, compared to losses of £0.7m...

UK Oil & Gas said it had agreed to up its interest to 67.5% in an exploration licence in southern England. The company had agreed to acquire both Europa Oil and Gas and Union Jack Oil's...

Union Jack Oil said it had raised £1.8m via a placing to progress its prospects in the UK. New shares in the company were issued at 0.075p each. 'We are grateful for the continuing investor...

Union Jack Oil confirmed that an appeal had been lodged against a council decision in Lincolnshire to refuse planning consent for the development of the Wressle oil discovery. Union Jack said the...

Egdon Resources and partners including Union Jack Oil and Europa Oil & Gas confirmed that UK regulators had approved an extension of the existing planning consent by a year for the Wressle...

Union Jack Oil confirmed that it had signed a farm-in agreement with Canada's Connaught Oil & Gas for a UK onshore field that contains the West Newton discovery. Union Jack Oil acquired a...

Union Jack Oil said it had agreed terms with Canada's Connaught Oil & Gas for the acquisition of a stake in a prospect in East Yorkshire. The company would farm-in for a 16.667% interest in...

Raymond Godson, Non Executive Director, bought 11,764,705 shares in the company on the 3rd October 2018 at a price of 0.09p. The Director now holds 30,764,705 shares. NOTE: Subscription for new...

Joe O'Farrell, Executive Director, bought 35,294,117 shares in the company on the 3rd October 2018 at a price of 0.09p. The Director now holds 204,281,826 shares. NOTE: Subscription for new ord...

Union Jack Oil booked a deeper first-half loss as higher expenses developing its prospects offset a rise in revenue. Pre-tax losses for the six months through June amounted to £419k, widening...

Union Jack Oil confirmed that lawmakers had decided not to renew a lease at an oil prospect in Surrey in which the company held a 7.5% stake. The operator, Europa Oil & Gas, had announced that...

Union Jack Oil said well-site construction would be completed during September for the drilling of a convential well at the Biscathorpe prospect in England's east. The Biscathorpe-2 will would...

Union Jack Oil said it had acquired a further 12.5% stake in licences containing the Wressle discovery and the Broughton North prospect from Celtique Energie Petroleum for a deferred consideration...

Union Jack Oil said it welcomed a UK government statement that reiterated that shale-gas developments were of national importance ahead of a looming review of permitting rules. The government was...

Union Jack Oil said its annual losses narrowed slightly, as higher revenue was offset by costs associated with acquisitions and oil field development efforts. Pre-tax losses amounted to £747k,...

SP Angel today reaffirms its buy investment rating on Union Jack Oil Plc (LON:UJO) and set its price target at 67p. Story provided by StockMarketWire.com Broker Forecasts data provided by...

Union Jack Oil said work-over work had improved production rates at the Fiskerton airfield oil asset near Lincoln, of which it holds a 20% interest. Production was approaching 30 barrels of oil...

David Bramhill, Chairman, bought 11,764,705 shares in the company on the 5th March 2018 at a price of 8.50p. The Director now holds 63,929,285 shares. NOTE: Subscription Story provided by...

Joe O'Farrell, Executive Director, bought 58,823,529 shares in the company on the 5th March 2018 at a price of 8.50p. The Director now holds 168,987,709 shares. NOTE: Subscription Story provided...

Union Jack Oil said it had agreed to raise its interest in a South Humber Basin prospect in the UK by 10%, taking its total holding to 22%. The asset, called PEDL253, contained the Biscathorpe...

Union Jack Oil said it expected to submit a new planning application for the Wressle discovery in the UK by April. Production of 500 barrels of oil per day was expected from the development, the...

Union Jack Oil said the UK's Planning Inspectorate has rejected an appeal against planning refusals for the Wressle oil discovery. North Lincolnshire Council had refused to allow the project's...

Union Jack Oil said the UK Oil and Gas Authority has approved its acquisition of a 20% economic interest in an oil licence near Lincoln. Licence EXL294 contains the producing Fiskerton Airfield...

Union Jack Oil has agreed to acquire a 20% interest in a licence containing the producing Fiskerton Airfield oilfield from Egdon Resources for £137,000. This figure includes a pro rata share of...

Union Jack Oil has acquired an onshore hydrocarbon portfolio in the UK from Cairn Energy subsidiary Nautical Petroleum for £25,000. Union Jack has also assumed all further financial costs for the...

Union Jack Oil reported it is fully funded for the planned drill programme including Holmwood-1 and Biscathorpe-2 wells and further production acquisition. HIGHLIGHTS - Further acquisition to 15%...

Union Jack Oil has confirmed that the Environment Agency has issued the environmental permits for the planned Biscathorpe-2 conventional exploration well operated by Egdon Resources on PEDL253 in...

Union Jack Oil said Egdon Resources will appeal without delay after the North Lincolnshire Council`s Planning Committee refused planning consent for the second time for the development of the...

Union Jack Oil notes North Lincolnshire County Council's Planning Committee will meet on Monday, 3 July to determine the new planning application for the Wressle Development. The new application...

Union Jack Oil said the Oil and Gas Authority (OGA) has now approved its acquisition of a further 3.33% interest in PEDL180 and PEDL182 from Celtique Energie Petroleum Ltd. These licences...

Union Jack Oil notes today's update by Egdon Resources regarding the issue by the UK Environment Agency (EA) of the variation to the Mining Waste Permit in respect of the proposed Wressle...

Union Jack Oil has widened its FY pretax loss to £0.89m, from a year-ago loss of £0.59m. Revenue was £22,119, from nil. Executive chairman David Bramhill said 2016 was a year that Union Jack's...

Union Jack Oil has agreed with Celtique Energie Petroleum Ltd to acquire a further 3.33% interest in PEDL180 and PEDL182. Union Jack currently holds an 11.67% interest in both licences. Following...

Union Jack Oil has raised about £1.4m in a placing of 1.03bn new shares at a price of 0.135p each. Proceeds would be used to increase Union Jack's interests in existing licences within its...

Union Jack Oil notes a release by Egdon Resources that North Lincolnshire County Council's planning committee has refused planning consent for the development of the Wressle oil field at Lodge...

Union Jack Oil said the Oil and Gas Authority (OGA) has now approved the acquisition by the company of a further 3.34% interest in PEDL180 and PEDL182 from Europa Oil & Gas Ltd. These...

Raymond Godson, Non Executive Director, bought 5,000,000 shares in the company on the 10th October 2016 at a price of 0.20p. The Director now holds 19,000,000 shares. Story provided by...

Union Jack Oil (UJO) has agreed with Europa Oil & Gas Ltd to acquire a further 3.34% interest in PEDL180 and PEDL182. These licences contain the Broughton North Prospect situated in PEDL182...

Union Jack Oil has raised £700,000 gross via a placing of 411.8m shares at 0.17p each. Intended proceeds would go to further expanding the company's portfolio through the acquisition of interests...

Union Jack Oil has narrowed its H1 pretax loss, and said it is well placed with a number of development, appraisal and drilling projects underway that were fully funded from available cash...

Graham Bull, Technical Director of Union Jack Oil (UJO) (LSE: UJO) will be making a presentation at the Shares LIVE Show in London on 10th September 2016. Shares LIVE is a one day investment and...

Union Jack (UJO) said all resolutions at its annual general meeting today were duly passed. At 11:59am: (LON:UJO) Union Jack Oil Plc share price was 0p at 0.15p Story provided by...

Union Jack Oil has agreed with Egdon Resources to acquire an 8.33% economic interest in PEDL182, in Lincolnshire on the western margin on the Humber Basin containing the Broughton North Prospect....

SP Angel today reaffirms its buy investment rating on Union Jack Oil Plc (LON:UJO) and raised its price target to 0.67p (from 0.63p). Story provided by StockMarketWire.com

Union Jack Oil has agreed with Europa Oil & Gas to acquire a 7.5% economic interest in PEDL143 within the Weald Basin, which is in southern England and containing the drill-ready Holmwood...

Expectations of new economic stimulus measures in China put resources stocks in a favourable light, underpinned by rising commodity prices. But it wasn't enough to lift the overall market with the...

Union Jack Oil has marginally widened its FY pretax loss to GBP0.59m, from a prior-year loss of GBP0.55m. Revenue was nil and most of the losses were attributable to administrative expenses,...

Europa Oil & Gas (Holdings) (LON:EOG) was one of the sector's biggest risers after it issued shareholder newsletter covering the period since the annual general meeting on 9 December. It says...

Egdon and Union Jack Oil have announced the completion of drilling operations at the Laughton-1 conventional exploration well in Lincolnshire. The Laughton-1 well was spudded on 12 February and...

Union Jack Oil notes Egdon Resources has released an encouraging RNS regarding an operational update on the Keddington-5 (KD5) development well. Union Jack holds a 10.00% interest in PEDL005(R)....

Union Jack Oil has entered into an agreement with Egdon Resources to farm-in to the conventional prospects only of PEDL209 containing the Laughton Prospect. PEDL209 is located along the eastern...

Union Jack Oil said drilling operations have begun at the Keddington-5 conventional sidetrack development well. The well is located in PEDL005(R) incorporating the producing Keddington oilfield,...

Union Jack Oil will acquire a 10% interest in Block TF38c from Egdon Resources following the results of the UK 14th onshore oil and gas licensing round. Union Jack acquired a 10% interest in...

Union Jack Oil has raised GBP0.8m gross via a placing of 470.59m new shares at 0.17p each. Proceeds would allow UJO to take advantage of the current opportunities within the oil and gas market to...

Shell (RDSA/RDSB) said the Burger J exploration well, at Alaska 's Chukchi Sea, will be sealed and abandoned in accordance with US regulations after indications of oil and gas were decided...

Union Jack Oil has widened its H1 pretax loss to £0.26m, from a loss of £0.22m. Revenue was nil. Administrative expenses were mostly responsible for the losses. Executive chairman David...

Union Jack Oil said all the required authorities have been received to acquire a 10% interest in licence PEDL005(R) in Lincolnshire. PEDL005(R) incorporating the producing Keddington oilfield,...

Union Jack Oil notes Egdon Resources has released an encouraging RNS regarding the results of the pumped test carried out over the Penistone Flags Zone 3A as part of the Extended Well Test (EWT) at...