Response to UK Government Shale Gas Moratorium

RNS Number : 0623S

Union Jack Oil PLC

04 November 2019

 

Market Abuse Regulation (MAR) Disclosure
Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement

4 November 2019

Union Jack Oil plc

("Union Jack" or the "Company")

Operations Unaffected Following Government Shale Gas Moratorium

Union Jack Oil plc (AIM: UJO), a UK focused onshore conventional hydrocarbon production, development and exploration company, notes the announcement issued by the Department of Business, Energy and Industrial Strategy on behalf of the UK Government, on 2 November 2019, in respect of a shale gas moratorium.

This statement will have no impact on Union Jack's continuing and planned future production, development and exploration operations which are exclusively conventional.

The Company has no intent to engage in hydraulic fracturing operations in England, neither now nor in the future.

For further information, please contact:

Union Jack Oil plc	[phone]
David Bramhill
SP Angel Corporate Finance LLP	[phone]
Nominated Adviser and Broker
Richard Morrison
Richard Hail
Stephen Wong
Blytheweigh Communications Limited	[phone]
Financial PR
Tim Blythe
Megan Ray
Jane Lenton
Cassiopeia Services Ltd	[phone]
Public Relations
Stefania Barbaglio

 

END

 

 

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