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…