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FTSE 100 buoyed by strong start on Wall Street as Dow adds more than 600 points

FTSE 100 buoyed by strong start on Wall Street as Dow adds more than 600 points
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FTSE 100 remains positive while Pennon Group PLC gains 4% ahead of index reshuffle

FTSE 100 remains positive while Pennon Group PLC gains 4% ahead of index reshuffle
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Union Jack Oil to acquire another 15% of Biscathorpe project | 18 January 2021

18 January 2021 | 07:28am StockMarketWire.com - Oil company Union Jack Oil said it had agreed to acquire a further 15% economic interest in a UK permit containing the Biscathorpe project from Humber Oil & Gas. The deal would see Union Jack Oil up its holding in PEDL253 to 45%. The company had offered £0.5 million cash, to be paid on Oil and Gas Authority approval and, following receipt of various planning approvals, a contingent payment of £0.5 million. PEDL253 was located within the proven hydrocarbon fairway of the Humber Basin, on-trend with the Keddington oilfield, which produces oil from a Carboniferous Westphalian aged reservoir. Story provided by StockMarketWire.com

United kingdomHumber oil gasGas authorityUnion jack oilHumber oilHumber basinCarboniferous westphalianUnion jack oil plcLon ujoUjo lஒன்றுபட்டது கிஂக்டம்தாழ்மையானது எண்ணெய் வாயுவாயு அதிகாரம்தொழிற்சங்கம் பலா எண்ணெய்தாழ்மையானது எண்ணெய்தாழ்மையானது பேசின்

Investegate |Union Jack Oil PLC Announcements | Union Jack Oil PLC: Acquisition of further 15% in Biscathorpe PEDL253

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 oilfield (Union Jack 55%) which produces oil from a Carboniferous Westphalian aged reservoir ·Union Jack will acquire a 15% interest in PEDL253, containing the Biscathorpe project, increasing its interest to 45%

United kingdomUnited statesCaroline roweDavid bramhillStefania barbaglioRichard morrisonPetroleum technology united kingdom limitedEgdon resources uk limited operatorGas authorityUnion jackAmerican petroleum instituteUnion jack oilSociety of petroleum evaluation engineersSp angel corporate financeGneiss energyStock tank oil initially in place

UK: Union Jack Oil acquires a further 15 percent interest in the Biscathorpe Project PEDL253

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.

United kingdomDavid bramhillPetroleum technology united kingdom limitedGas authorityUnion jackUnion jack oilHumber oil gasOil gas advisersGneiss energyLincolnshire county councilMontrose industriesHumber oilHumber basinCarboniferous westphalianDinantian carbonatePmean prospective resources