Union Jack Oil (“Union Jack” or the “Company”) has today released updated volumetrics compiled by the Operator Rathlin Energy (UK) Limited at its flagship, conventional West Newton project, indicating a significant upgrade to the 2017 figures contained within the current Competent Persons Report. The headline numbers estimate an in-place Base Case of 146.4MMbbls of oil and 211.5Bcf of gas; and an in-place Upside Case of 283MMbbls of oil and 265.9Bcf of gas. The estimat
11 Nov 2019
Significant upgrade at West Newton
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Significant upgrade at West Newton
Union Jack Oil Plc (UJO:LON) | 26.0 -0.1 (-1.9%) | Mkt Cap: 27.7m
- Published:
11 Nov 2019 -
Author:
Research Archive -
Pages:
6
Union Jack Oil (“Union Jack” or the “Company”) has today released updated volumetrics compiled by the Operator Rathlin Energy (UK) Limited at its flagship, conventional West Newton project, indicating a significant upgrade to the 2017 figures contained within the current Competent Persons Report. The headline numbers estimate an in-place Base Case of 146.4MMbbls of oil and 211.5Bcf of gas; and an in-place Upside Case of 283MMbbls of oil and 265.9Bcf of gas. The estimat