Union Jack Oil Plc (UJO.L) Share Price & News

Union Jack Oil plc is an oil and gas company with a focus on onshore production, development, exploration and investment opportunities within the United Kingdom hydrocarbon sector.

The directors believe that significant opportunities exist to invest in, or acquire assets within our axis areas.

The directors consider that the United Kingdom, with its stable economy, well-regulated hydrocarbon laws governed by the North Sea Transition Authority (NSTA), formerly known the Oil and Gas Authority (OGA), combined with a well-established licensing system is an attractive country for direct investment in hydrocarbon projects.

The Company currently has interests in multiple key licences within the East Midlands, Humber Basin and East Yorkshire, and an interest in the cash producing North Sea Claymore Piper royalty.