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Union Jack Oil Buys 45% Interest in Rogers Project in Oklahoma, US MT
Union Jack Oil plc acquired 45% stake in Rogers Enhanced Oil Recovery Project in Seminole County, Oklahoma from Reach Oil and Gas Company, Inc. for $0.105 million. CI
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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 and the United States hydrocarbon sector. It has interests in about 13 licenses in its axis areas of the East Midlands, Humber Basin, and East Yorkshire. It holds an interest in West Newton, Wressle Oilfield, Biscathorpe, Keddington Oilfield, Fiskerton Oilfield, North Kelsey, and USA. It holds a 16.665% interest in West Newton, located within the Western sector of the Southern Zechstein Basin. It holds a 40% interest in PEDL180 and PEDL182 located in Lincolnshire. Biscathorpe is situated within the proven hydrocarbon fairway of the South Humber Basin and is on-trend with the Keddington oilfield and the Saltfleetby gasfield. Keddington Oilfield is located along the East Barkwith Ridge. The Company has 45% working interest in the Rogers Enhanced Oil Recovery Project and associated leases located in Seminole County, Oklahoma.
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Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
1
Last Close Price
0.1675 GBP
Average target price
0.66 GBP
Spread / Average Target
+294.03%
Consensus

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