Union Jack Oil

Website: www.unionjackoil.com
Primary ticker: AIM:UJO
Stage of development: Production
Project types: Oil – conventional onshore
Project to promote: None

Live financials

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

Our strategy is the rapid appraisal and exploitation of the assets currently owned. Simultaneous with this process, the Company’s management expect to continue to use their expertise to acquire further licence interests over areas where there is a short lead time between the acquisition of the interest and either exploration drilling or initial production from any oil or gas fields that may be discovered.

Management Profile

David Bramhill, Executive Chairman, 68

Mr Bramhill has over 40 years experience in the natural resources industry. Mr Bramhill has directed and managed several energy companies and was the former managing director of OilQuest Resources plc, subsequently acquired by EnCore Oil plc. Mr Bramhill had previously consulted in an engineering capacity for over 20 years on projects for Shell, ExxonMobil, Petrofina, BP and numerous other international energy companies.

What is your rationale for attending 121 Oil & Gas Investment?

General meeting of Investors

What recent news would you like to highlight to investors attending?

West Newton Discovery and Biscathorpe project

What are your key goals for the next 3,6 and 12 months?

3 Months:

Complete extended well test on West Newton discovery

6 Months:

Complete two well drilling programme at West Newton project

12 Months:

To become a mid tier onshore development company

What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?

world risk /economy

In a sentence, what do you think makes your company such a compelling investment?

Three key projects, West Newton, Biscathorpe and Wressle