Today’s guest on the ValueTheMarkets podcast is David Bramhill, Executive Chairman of Union Jack oil (LSE:UJO) Union Jack has a substantial portfolio of assets and licenses spanning the UK and the last few months have been dominated with excitement surrounding the...
At the end of March our editor, Daniel Flynn, identified Union Jack (LSE:UJO) as a good buying opportunity, following the company’s £1.75m placing. Fully funded at that point, Union Jack’s shares traded at 0.08p. This was a touch over the 0.075p placing price. With...
Several UK-based oil and gas juniors were on the move on Monday morning after it was revealed that a date has been set for an appeal against the refusal of planning consent on the Wressle oil field in North Lincolnshire. The asset’s operator and 30pc owner Egdon...
Union Jack Oil (LSE:UJO) dipped 11.1pc to 0.08p on Wednesday after revealing a £1.75m placing to fund its progress following highly disappointing results at its Biscathorpe prospect in Lincolnshire last month. The oversubscribed placing, carried out at 0.075p a share,...
Shares in Union Jack Oil (LSE:UJO) have crashed by nearly a third to 0.09p over the last 24 hours thanks to highly disappointing results at its hotly-anticipated, 22pc-held Biscathorpe prospect in Lincolnshire. With the company now expecting imminent newsflow and/or...