Union Jack Oil plc has signed two farm-in agreements with Reach Oil & Gas Company Inc. to acquire working interests in drilling and seismic programs in Oklahoma, USA. The first agreement involves a high-impact well to test the Wilzetta Fault play, while the second agreement focuses on identifying additional drillable prospects along the Wilzetta Fault. The company expects to see the first well drilled in Q2 2024...

Union Jack Oil plc has signed a farm-in agreement with Reach Oil & Gas to acquire a 45% working interest in a well in Oklahoma, USA. The well, Andrews-1, has a high chance of success and could be in production within a month. This agreement allows Union Jack to access a wider portfolio of prospects and drill-ready targets...

Union Jack Oil plc has expanded into the US, purchasing three Mineral Royalty packages and poised to complete Joint Venture agreements with Reach Oil & Gas Inc...

Union Jack Oil plc has achieved net revenues of over US$18 million from the Wressle hydrocarbon development. The company remains cash flow positive and debt-free, with significant investments...