When the Penistone Flags was tested 9 years ago, it flowed 12 bopd of 35-degree API oil (710 barrels of oil equivalent per day (boepd) from all zones) with Union Jack holding an 8.33% interest. Along with the Ashover…
Month: February 2024
David Bramhill’s hat full of rabbits!
Just what was David Bramhill intimating in his interview with Sarah Lowther this week? One project I believe was the commencement of operations at West Newton, the largest gas discovery in over half a century. This is one asset that…
Why Oklahoma?
As of January 2022, Oklahoma had 5 operable petroleum refineries with a combined daily processing capacity of almost 524,000 barrels per calendar day. That is 3% of the total U.S. crude oil refining capacity. Oklahoma is among the top oil…
The Wressle Opportunities
Wressle is Union Jack’s flagship asset, the one that has taken the company to profitability and keeps on adding to the company revenue stream, ensuring no fund raising for the foreseeable, future, if even ever again. With in the region…
The Andrews-1 Well, Oklahoma
The Andrews-1 well in Oklahoma is Union Jack’s first well in collaboration with Reach Oil & Gas. With drilling imminent and groundworks already commenced, shareholders should be excited to once again be part of a drilling operation that offers a…
The Mineral Royalties
A previous adventure in royalties by the company a few years ago was reported as returning a pretty impressive uplift to the original investment, which could certainly have been far greater had there not been such an uprising from a…
West Newton & more!
The big question for quite some time has been ‘will West Newton ever be drilled?’. There has been an extended period of complete silence since planning was granted, until very recently when David Bramhill, Executive Chair of Union Jack strongly…
Union Jack Oil, Gas, UK and US Ventures
This blog is all about Union Jack Oil, its UK and US assets and my perceived future for this AIM listed company. It is not sanctioned by Union Jack and has no association to the company or its representatives. I…