Union Jack Oil plc (LON: UJO), a UK focused on-shore hydrocarbon production, development and exploration company today confirmed that, further to the announcement dated 16 April 2019, it has now completed the sale of its 7.5% interest in PEDL143 to UK Oil & Gas PLC.
Union Jack Oil updates on Wressle hydrocarbon development and plans for dividend payout
Union Jack Oil announced an update in respect of the Wressle hydrocarbon development located within licences PEDL180 and PEDL182 in North Lincolnshire on the western margin of the Humber Basin. David Bramhill, Executive Chairman of Union Jack, commented: ‘Wressle