Market Risers: Union Jack Oil PLC, Sumo Group PLC, Severn Trent Plc & Smith & Nephew plc

Union Jack Oil

Shares of Union Jack Oil PLC EPIC code: LON:UJO has gained 5.76% or 0.01 points during the course of today’s session so far. Market buyers have so far held a positive outlook during the session. The periods high has reached 0.11 and hitting a low of 0.1. The total volume of shares exchanged through this period comes to 37,828,032 whilst the daily average number of shares exchanged is just 35,856,789. The 52 week high price for the shares is 0.17 amounting to 0.07 points different to the previous business close and a 52 week low sitting at 0.08 is a variance of 0.02 points. Union Jack Oil PLC now has a 20 moving average of 0.11 and now the 50 day SMA of 0.1. This puts the market capitalisation now at £9.13m at the time of this report. The stock is traded in GBX. Mcap is measured in GBP. This article was written with the last trade for Union Jack Oil PLC being recorded at Monday, November 5, 2018 at 11:50:07 AM GMT with the stock price trading at 0.11 GBX.

 

Shares in Sumo Group PLC with company EPIC: LON:SUMO has gained 4.01% or 6.5 points throughout today’s trading session so far. Traders have so far held a positive outlook throughout the session. The periods high has reached 169 and a low of 155.5. The number of shares traded by this point in time totalled 29 with the daily average number around 164,984. The 52 week high price for the shares is 187 which is 25 points in difference to the previous days close of business and a 52 week low sitting at 93 which is a difference of 69 points. Sumo Group PLC now has a 20 SMA of 163.14 and now the 50 day moving average at 166.62. The market capitalisation currently stands at £263.42m at the time of this report. The stock is traded in GBX. Mcap is measured in GBP. This article was written with the last trade for Sumo Group PLC being recorded at Monday, November 5, 2018 at 12:02:55 PM GMT with the stock price trading at 168.5 GBX.

 

Stock in Severn Trent Plc company symbol: LON:SVT has climbed 1.29% or 24.38 points during today’s session so far. Buyers have stayed positive throughout the session. The high for the period has peaked at 1923 while the low for the session was 1879.5. Volume total for shares traded at this point reached 200,617 whilst the daily average number of shares exchanged is just 1,044,478. The 52 week high price for the shares is 2219 which is 331.5 points difference from the previous days close and the 52 week low at 1664 a difference of some 223.5 points. Severn Trent Plc now has a 20 SMA at 1879.95 and the 50 day simple moving average now at 1901.83. Market capitalisation for the company is £4,456.48m at the time of this report. The currency for this stock is GBX. Market cap is measured in GBP. This article was written with the last trade for Severn Trent Plc being recorded at Monday, November 5, 2018 at 12:02:33 PM GMT with the stock price trading at 1911.88 GBX.

 

Shares of Smith & Nephew plc ticker code: LON:SN has gained 1.4% or 19 points during the course of today’s session so far. Investors have remained positive during the session. The periods high figure was 1380.5 meanwhile the session low reached 1368.5. Volume total for shares traded at this point reached 628,369 while the average shares exchanged is 3,104,478. A 52 week share price high is 1422 some 63 points difference from the previous days close and putting the 52 week low at 1173 which is a variance of 186 points. Smith & Nephew plc has a 20 day moving average of 1304.2 and also a 50 day MA at 1357.02. This puts the market cap at £11,931.17m at the time of this report. The share price is in GBX. Mcap is measured in GBP. This article was written with the last trade for Smith & Nephew plc being recorded at Monday, November 5, 2018 at 11:59:47 AM GMT with the stock price trading at 1378 GBX.

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Union Jack Oil confirms spudding of Sark well in Oklahoma

Union Jack Oil has confirmed that the Sark well in Central Oklahoma has been spudded, with the company holding a 60% interest. The well is operated by Reach Oil and Gas Inc., and follows the recent success of the producing Moccasin well.

Union Jack Oil director increases shareholding

Union Jack Oil Non-Executive Director Craig Howie has acquired 122,000 shares at 5.075 pence each, raising his total holding to 3,377,000 shares, representing 2.21% of the company’s issued share capital.

Union Jack Oil explores Bitcoin mining to monetise West Newton gas

Union Jack Oil has announced early-stage plans to monetise gas from its West Newton discovery by powering on-site Bitcoin mining operations. A non-binding LOI has been signed with Texas-based 360 Energy to develop a gas-to-crypto solution, aiming to generate near-term revenue while full field development progresses.

Union Jack Oil calls General Meeting to approve fundraising warrants

Union Jack Oil has scheduled a General Meeting for 26 August 2025 to seek shareholder approval for the issue of warrants linked to its recent fundraising. The meeting will be held at The Bristol Hotel, with full details available on the company’s website.

Union Jack Oil raises £2m to fund three-well Oklahoma programme

Union Jack Oil has raised £2 million via a placing and subscription of 40,000,000 new shares at 5p, with one 8p warrant per share subject to shareholder approval. Proceeds will fund a three-well Oklahoma drilling programme costing about US\$3 million. Admission is expected on 29 July 2025, leaving 146,565,896 voting shares.

Union Jack Oil to acquire 60% stake in Sark well, Central Oklahoma

Union Jack Oil has signed a farm-in agreement with Reach Oil and Gas to acquire a 60% working interest, paying 80%, in the Sark well planned for drilling in early Q3 2025 in Central Oklahoma, USA.

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