Brief: Union Jack Oil Announces Farm-In Agreement In West Bowlegs Drilling Project

Union Jack Oil

06/02/2024 07:28

Feb 6 (Reuters) - Union Jack Oil PLC:
    * UNION JACK OIL PLC  - FARM-IN AGREEMENT IN WEST BOWLEGS
DRILLING
PROJECT
    * UNION JACK OIL PLC - AGREEMENT WITH REACH OIL & GAS
COMPANY INC
TO ACQUIRE A 45% WORKING INTEREST IN A WELL PLANNED TO BE
DRILLED DURING Q2 2024
    * UNION JACK OIL PLC - SEISMIC ACQUISITION AND PLANNING
COSTS OF
US$347,000 ARE PAYABLE BY UNION JACK
    * UNION JACK OIL PLC - COST FOR DRILLING AND COMPLETION OF
ANDREWS-1 WELL IS ESTIMATED TO BE APPROXIMATELY US$516,000 NET
TO UNION JACK
    * UNION JACK OIL PLC - COSTS TO BE PAID FROM EXISTING CASH
RESOURCES

Further company coverage:  UJO.L 

 ((Reuters.Briefs@thomsonreuters.com;))