Union Jack has released an update on its West Newton project (Union Jack 16.7%) onshore UK in Yorkshire. As part of its efforts to progress the asset to production and wider development, the West Newton JV is now exploring the potential for onsite bitcoin generation using initial volumes of West Newton gas, potentially helping support further activity on the asset and early revenues.

07 Aug 2025
Union Jack Oil (UJO LN) - West Newton update - Corporate

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Union Jack Oil (UJO LN) - West Newton update - Corporate
Union Jack Oil Plc (UJO:LON) | 5.0 0 1.0% | Mkt Cap: 7.40m
- Published:
07 Aug 2025 -
Author:
Daniel Slater, CFA -
Pages:
6 -
Union Jack has released an update on its West Newton project (Union Jack 16.7%) onshore UK in Yorkshire. As part of its efforts to progress the asset to production and wider development, the West Newton JV is now exploring the potential for onsite bitcoin generation using initial volumes of West Newton gas, potentially helping support further activity on the asset and early revenues.