Gaffney,Cline & Associates to Prepare PEDL183 CPR

RNS Number : 9943X

Union Jack Oil PLC

10 May 2021

 

This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is disclosed in accordance with the Company's obligations under Article 17 of MAR.

10 May 2021

Union Jack Oil plc

("Union Jack" or the "Company")

Gaffney, Cline & Associates to Prepare PEDL183 West Newton Competent Persons Report

Union Jack Oil plc (AIM: UJO), a UK focused onshore hydrocarbon production, development and exploration company is pleased to announce that Gaffney, Cline & Associates Limited, an international energy consultancy, has been appointed to prepare a Competent Person's Report ("CPR") in respect of PEDL183 which include the West Newton discoveries at the WNA-1, WNA-2 and WNB-1Z wells.

The CPR will be executed immediately following completion of the imminent well testing programme of the WNB-1Z and WNA-2 wells.  

Union Jack holds a 16.665% interest in PEDL183.

For further information, please contact:

Union Jack Oil plc    [e-mail]

David Bramhill

SP Angel Corporate Finance LLP     [phone]

Nominated Adviser and Broker

Richard Morrison

Richard Hail

Caroline Rowe

 

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