Union Jack Investor Presentation

Union Jack Investment Summary

• Low-risk onshore strategy focused on conventional drill-ready projects and value creation
• Balanced portfolio of production, development, appraisal and exploration projects
• Portfolio activity generates near-term news flow and value drivers
• The West Newton appraisal programme is poised to deliver a major onshore hydrocarbon development
• Significant upgraded volumetrics on West Newton project
• Biscathorpe Westphalian prospect remains untested, sidetrack well planned
• Wressle discovery anticipated to provide material cash flow during H2 2020
• Three major projects positioned to deliver growth in reserves, production and asset value

Union Jack Oil plc (LON:UJO) is an onshore oil and gas exploration company with a focus on drilling, development and investment opportunities in the United Kingdom hydrocarbon sector.

Click to view all articles for the EPIC:
Or click to view the full company profile:
Facebook
Twitter
LinkedIn
Union Jack Oil

More articles like this

Union Jack Oil

Oil prices firm after OPEC+ extends output cuts

The OPEC+ group of oil producers is holding firm on measures to boost prices. On Sunday, members agreed to extend oil output cuts of 2.2 million barrels per day into the second quarter. That’s a bid