Against a challenging sector backdrop, Union Jack successfully navigated the first six months of 2020, progressing its core asset portfolio in addition to securing additional interests in key projects (Wressle and Biscathorpe). The remainder of the year promises to be a transformational period for the Company, with first commercial oil production at Wressle in addition to the imminent drilling of the West Newton B-1 well and an Extended Well Test at the West Newton A-2 appraisal discovery. We
14 Sep 2020
Multiple near-term valuation catalysts
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Multiple near-term valuation catalysts
Union Jack Oil Plc (UJO:LON) | 14.5 0 0.0% | Mkt Cap: 15.5m
- Published:
14 Sep 2020 -
Author:
Research Archive -
Pages:
2
Against a challenging sector backdrop, Union Jack successfully navigated the first six months of 2020, progressing its core asset portfolio in addition to securing additional interests in key projects (Wressle and Biscathorpe). The remainder of the year promises to be a transformational period for the Company, with first commercial oil production at Wressle in addition to the imminent drilling of the West Newton B-1 well and an Extended Well Test at the West Newton A-2 appraisal discovery. We