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UK: Union Jack Oil completes a further acquisition of a 15 percent interest in PEDL253 Biscathorpe 01 Mar 2021 PEDL253 containing the Biscathorpe project on the terms originally announced on 18 January 2021 and Union Jack now holds a 45% interest in PEDL253. On the proposed conventional B-2Z side-track appraisal well, the Company also highlights that a Planning Application has been made for the side-track drilling operation, associated testing and, in a success case, the long-term production of hydrocarbons at the Biscathorpe-2 wellsite, with drilling planned for H2 2021, subject to plannin...

Acquisition of a Further 15% Interest in the Biscathorpe Project PEDL253   Union Jack Oil plc (AIM: UJO), a UK focused onshore hydrocarbon production, development and exploration company is pleased to announce that it has agreed to acquire a further 15% economic interest in PEDL253 containing the Biscathorpe project ("Biscathorpe") from Humber Oil & Gas Limited ("Humber"). Following completion of the acquisition Union Jack will hold a 45% interest in PEDL253.   Highlights ·PEDL253 is located within the proven hydrocarbon fairway of the Humber Basin, on-trend with the Keddington oilfi...

AIM-listed Union Jack Oil has agreed to acquire a further 15% economic interest in PEDL253 containing the Biscathorpe project from Humber Oil & Gas, increasing its interest to 45%. PEDL253 is located within the proven hydrocarbon fairway of the Humber Basin, on-trend with the Keddington oilfield (Union Jack 55%) which produces oil from a Carboniferous Westphalian aged reservoir.

State Gas Limited (ASX:GAS) Nyanda-8 Evaluation    Nyanda-8 EvaluationBrisbane, Jan 6, 2021 AEST (ABN Newswire) - State Gas Limited ( ASX:GAS) is pleased to advise the initial results of the second well in its Phase 2 drilling campaign, Nyanda-8, at its 100%-owned Reid's Dome Gas Project (PL 231) in the Bowen Basin in Central Queensland. Nyanda-8 is approximately 2.2 km south-west of the successful Nyanda-4 well, and together with Nyanda-7 (approximately 2.6km north of Nyanda-4 - see Figure 1*), was drilled as a coal seam gas (CSG) well as part of the Company's program to appraise the N...