Union Jack Oil PLC
LSE:UJO
Union Jack Oil PLC
Union Jack Oil Plc engages in the drilling, development, and investment on the onshore hydrocarbon sector. The company is headquartered in Bath, Somerset and currently employs 4 full-time employees. The company went IPO on 2012-12-21. The firm is focused on production, drilling, development and investment in the United Kingdom hydrocarbon sector. The company operates through two segments: the exploration and evaluation of, and the development and production of hydrocarbon discoveries onshore United Kingdom. The company has interests in approximately 13 licenses in its axis areas of the East Midlands, Humber Basin and East Yorkshire. Its projects include West Newton, Wressle Oilfield, Biscathorpe, Keddington Oilfield, Fiskerton Oilfield, North Kelsey, Claymore and Piper Complex Royalty, and other projects. The company holds 16.665% interest in West Newton, located within the Western sector of the Southern Zechstein Basin. The company holds 40% interest in Wressle Oilfield located in Lincolnshire, on the Western margin of the Humber Basin. Keddington project is located along the East Barkwith Ridge, an east-west structural high on the southern margin of the Humber Basin.
Union Jack Oil Plc engages in the drilling, development, and investment on the onshore hydrocarbon sector. The company is headquartered in Bath, Somerset and currently employs 4 full-time employees. The company went IPO on 2012-12-21. The firm is focused on production, drilling, development and investment in the United Kingdom hydrocarbon sector. The company operates through two segments: the exploration and evaluation of, and the development and production of hydrocarbon discoveries onshore United Kingdom. The company has interests in approximately 13 licenses in its axis areas of the East Midlands, Humber Basin and East Yorkshire. Its projects include West Newton, Wressle Oilfield, Biscathorpe, Keddington Oilfield, Fiskerton Oilfield, North Kelsey, Claymore and Piper Complex Royalty, and other projects. The company holds 16.665% interest in West Newton, located within the Western sector of the Southern Zechstein Basin. The company holds 40% interest in Wressle Oilfield located in Lincolnshire, on the Western margin of the Humber Basin. Keddington project is located along the East Barkwith Ridge, an east-west structural high on the southern margin of the Humber Basin.
