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April 20, 2021
UK: Union Jack Oil provides update on West Newton operations and well testing programme 20 Apr 2021 AIM-listed Union Jack Oil, a UK focused onshore hydrocarbon production, development and exploration company, has announced an operations update and forward well testing programme in respect of the West Newton B-1Z (WNB-1Z) conventional appraisal well, operated by Rathlin Energy (UK). The Company holds a 16.665% economic interest in PEDL183, encompassing an area of 176,000 acres and located ...
April 20, 2021
Union Jack Oil looks forward to testing as West Newton B-1Z well advances Results from the well to date are described as "highly encouraging" and the next phase of work begins in May. Union Jack Oil PLC (LON:UJO) told investors the West Newton B-1Z appraisal well has successfully completed cased hole logging and vertical seismic profiling operations. The next phase of work will see a service rig used to perforate and stimulate the Kirkham Abbey formation ahead of flow testing. This work exp...
April 20, 2021
West Newton Operations Update Reabold, the investor in upstream oil and gas projects, is pleased to announce an operations update in respect of the West Newton B-1Z ("WNB-1Z") conventional appraisal well, operated by Rathlin Energy (UK) Limited ("Rathlin"). Reabold holds a ca. 56 per cent. economic interest in West Newton via its ca. 59 per cent. shareholding in Rathlin, which, in turn, has a 66.67 per cent. interest in PEDL183. In addition, Reabold has a 16.665 per cent. direct licence i...