The political parties are laying out their manifesto promises with the two major contenders continuing to show a total lack of support for the UK oil and gas companies who are fast retreating from their operations on and offshore. The…
Month: May 2024
Union Jack Outshines the Competition
Union Jack Oil, contrary to the beliefs of just a small number of people who have nothing better to do than post negative, misleading and in many cases inaccurate and ill-formed comments on the bulletin boards, is in every way…
Tom Winnifrith’s Tripe!
Having just listened to Tom Winnifrith’s podcast comments on Union Jack, I have never heard so much utter tripe. He unbelievably states ‘the company is not generating cash’ 😲 Does he not do any research before spouting such misleading rubbish?…
2023 Annual Report
2023 was, in general, a tough time for small oilers with many non-producers raising funds to keep the lights on whilst struggling to develop some form of positive outlook for themselves. When you view the progress of Union Jack Oil,…
Another Divi, well done Union Jack!
Today’s announcement of a dividend is yet another step forward in returning shareholders a small reward for their support. Whilst some may have ‘demanded’ more, any return to investors is decided by the company based on their commitments going forward…
Great presentation by Zac Philips. Don’t miss it!
Yesterday’s presentation on the Sidoti events platform by Union Jack’s commercial advisor Zac Philips was a strong signal to shareholders and potential investors that this company is going places. With the recent ‘hugely successful’ Andrews-1-17 well being proven commercial, the…
What’s not to like? Do you know who to believe? I do!
So, let’s look at what Union Jack say about the Andrews-1-17 well: It’s a major success. Commercial production has been confirmed. The oil has an API of 41 degrees. The operator is in the process of installing permanent production facilities.…
Nothing to be Negative about on Union Jack Oil
Never have I read so much dross from a few people who seem determined to inflict their pessimistic, deflating and negative opinions on the RNS from Union Jack today. It is quite clear from all their comments on previous news…
This has to be the best AIM oiler in the UK. NEWS NEWS & MORE NEWS!
What fantastic news from Union Jack Oil today with the confirmation that the Andrews-1-17 has been proven commercial. What an fantastic decision also to diversify from the fast declining future of UK oil and gas. One has to be impressed…
Will the Andrews well flow commercially?
The Andrews-1-17 well in Oklahoma, Union Jack’s first major US development asset is due to complete the testing phase any day now. Other wells in this area are flowing at rates in the region of 150 barrels of oil per…