Union Jack buys portion of royalties for two North Sea hubs
Union Jack Oil has announced the purchase of rights to a portion of the royalties from two production hubs operated by Repsol Sinopec in the North Sea.
Union Jack Oil
Egdon shares leap as firm nears Wressle first oil
Shares in Egdon Resources climbed more than 30% today as the firm and its partners reported first oil from the Wressle project, onshore UK, was approaching fast.
New well ‘suggests’ West Newton is biggest UK onshore discovery since 1973
London-listed Reabold Resources said today that new drilling operations “further suggested” the West Newton field in east Yorkshire is the largest UK onshore oil and gas discovery since the 1970s.
Union Jack Oil increases stake in Biscathorpe onshore prospect
Union Jack Oil has increased its stake in the Biscathorpe onshore prospect after receiving approval from the Oil and gas Authority (OGA).
West Newton onshore oil discovery could be ‘largest in UK’
The resources of a major onshore oil find have been upgraded, with analysts saying it could become the “largest” of its kind in the UK.
Union Jack Oil announces ‘major’ onshore oil discovery
Bath-headquartered firm Union Jack Oil has announced a "major" oil discovery at its onshore West Newton appraisal well.
Union Jack buys stake in 31.5m barrel onshore UK discovery
Union Jack Oil has clinched a deal to buy 16.7% of an onshore discovery in Yorkshire containing 31.5 million barrels of oil equivalent.
Egdon among trio to increase stakes in Wressle discovery
Egdon Resources has bought an additional 5% interest in the licences containing the Wressle oil discovery and the Broughton North prospect.
Egdon nets £137k from sale of Fiskerton oil field stake
Egdon Resources has struck a deal to sell a 20% stake in the producing Fiskerton Airfield oil field in Lincolnshire for £137,000.
Union Jack acquires onshore portfolio of Cairn subsidiary
Union Jack Oil today confirmed its takeover of Nautical Petroleum's onshore portfolio.
Union Jack Oil fully funded for onshore push
Union Jack Oil today confirmed it was fully funded and debt-free as it pursues its latest onshore campaign.
Union Jack Oil acquires fresh stake in UK onshore licence
Union Jack Oil said it has acquired a further 8.33% economic interest in an onshore asset in Lincolnshire.
Europa agrees deal over Holmwood prospect
Europa Oil and Gas and Union Jack Oil have joined other oil juniors on the PEDL143 licence in southern England, which hosts the Holmwood prospect, after signing a deal to acquire a stake in the project by partly funding future work programmes.
Union Jack Oil makes acquisition, no cash changes hands
Union Jack Oil has struck a deal with Europa Oil & Gas for interests in the Holmwood Prospect located Weald Basin in southern England.
Union Jack looks to expand interests in UK assets
Union Jack Oil the onshore exploration and production company with a focus on drilling, said it remained on track for commercial production from its Wressle discovery in Lincolnshire in the second half of the year and intends to expand its interests in other areas of the UK.
Egdon reports onshore duster in Lincolnshire
Egdon Resources has completed its drilling operations at the Laughton-1 conventional exploration well in Lincolnshire with little hydrocarbons to show for it.
Union Jack Oil strikes farm-in deal with Egdon Resources
Union Jack Oil has entered into an agreement with Egdon Resources to farm-in to the conventional prospects of PEDL209 containing the Laughton Prospect. The company said under the terms of the agreement, it will pay 16.67% of the costs of the Laughton-1 well.
Union Jack Oil kickstarts onshore drilling campaign
Union Jack Oil has commenced the drilling operations for its onshore Keddington-5 development well.
Union Jack Oil boosts its coffers with share placing
Union Jack Oil has raised £800,000 through a placing of 470,588,235 new ordinary shares at 0.17p.
Union Jack Oil to capitalise on market ‘dislocation’
Union Jack Oil confirmed it was perfectly poised to capitalise on current market ‘dislocaton’
Union Jack Oil secures stake in UK onshore field
Union Jack Oil has completed its acquisition of a 10% stake in the Keddington oil field, onshore UK.