TIDMUJO

RNS Number : 7093S

Union Jack Oil PLC

08 November 2023

8 November 2023

Union Jack Oil plc

("Union Jack" or the "Company")

Production Resumed at Wressle PEDL180/PEDL182

Union Jack Oil plc (AIM: UJO), a UK focused onshore hydrocarbon production, development and exploration company is pleased to announce that the Wressle-1 well has been brought back into production following the installation of a downhole jet pump and associated surface facilities to optimise flow-rates.

Since production resumed, flow-rates in excess of 950 barrels of oil per day have been recorded. The well is now on continuous 24-hour production and is still cleaning up. Export and sale of oil has recommenced.

Once stabilised production is achieved a further announcement will be made.

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

For further information, please contact:

 
 Union Jack Oil plc              info@unionjackoil.com 
  David Bramhill 
 
 SP Angel Corporate Finance 
  LLP 
  Nominated Adviser and Joint 
  Broker 
  Matthew Johnson 
  Richard Hail 
  Kasia Brzozowska               +44 (0)20 3470 0470 
 
 Shore Capital Stockbrokers 
  Limited 
  Joint Broker 
  Toby Gibbs 
  Iain Sexton                    +44 (0)20 7408 4090

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

DRLFFFIFLALDIIV

(END) Dow Jones Newswires

November 08, 2023 02:00 ET (07:00 GMT)

Union Jack Oil (AQSE:UJO.GB)
Gráfico Histórico do Ativo
De Nov 2024 até Dez 2024 Click aqui para mais gráficos Union Jack Oil.
Union Jack Oil (AQSE:UJO.GB)
Gráfico Histórico do Ativo
De Dez 2023 até Dez 2024 Click aqui para mais gráficos Union Jack Oil.