LONDON: Union Jack Oil plc, an onshore hydrocarbon producer with interests in the UK and USA, has announced the acquisition of a 45% working interest in the Rogers Enhanced Oil Recovery Project in Seminole County, Oklahoma. The $105,000 deal with Reach Oil & Gas Company Inc includes two production wells and one injector well, mirroring…
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Union Jack Oil invests in Beacon Energy and eyes German oil and gas opportunities
LONDON, UK: Union Jack Oil plc, a UK-based company that produces, develops and explores onshore hydrocarbons, has announced that it has acquired a 3.22% stake in Beacon Energy plc, a full cycle oil and gas company with a portfolio of onshore German assets. The deal, which was completed following Beacon’s recent fundraise, gives Union Jack…
Union Jack Oil acquires further interest in the Wressle Hydrocarbon Development Project
LONDON: Union Jack Oil, a UK focused onshore hydrocarbon company, has agreed to acquire a further 12.5% economic interest in PEDL180 and PEDL182 containing the Wressle hydrocarbon development project from Humber Oil & Gas Limited for a cash consideration of £500,000. Union Jack will acquire a further 12.5% in the Wressle development, increasing its interest…