REG - Union Jack Oil PLC - Crossroads Well Southern Oklahoma USA Update

Union Jack OilAnnouncement

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RNS Number : 6346A  Union Jack Oil PLC  16 April 2026

16 April 2026

 

 

Union Jack Oil plc

("Union Jack" or the "Company")

Crossroads Well Southern Oklahoma USA Update

 

Union Jack Oil plc (AIM: UJO), a UK and USA focused onshore hydrocarbon,
production, development, exploration and investment company, announces that,
following the update on 8 April 2026, Reach Oil and Gas Company Inc. (the
"Operator"), has informed the Company that there has been a short delay to the
spud date for the Crossroads well, located in Southern Oklahoma, USA as a
result of rig maintenance requirements. The Operator is confident that the
well will be spudded before the end of April 2026.

Union Jack currently holds a 43% interest. The Company's share of the drilling
costs have already been funded from the Company's existing cash resources.

 

For further information, please contact:

 

Union Jack Oil
plc
info@unionjackoil.com (mailto:info@unionjackoil.com)

David Bramhill

 

SP Angel Corporate Finance
LLP
+44 (0)20 3470 0470

Nominated Adviser and Joint Broker

Matthew Johnson

Richard Hail

Jen Clarke

 

Zeus Capital
Limited
   +44 (0)20 3829 5000

Joint Broker

Antonio Bossi

Simon Johnson

George Duxberry

 

Gneiss Energy
Limited
   + 44 (0)20 3983 9263

Financial Adviser

Jon Fitzpatrick

 

Harbour
Access
  +1 (475) 477 9402

USA Investor Relations

Jonathan Paterson

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