Latest Breaking News On - தொழிற்சங்கம் பலா எண்ணெய் ப்ல் - Page 1 : comparemela.com
26 May 2021 | 09:24am
StockMarketWire.com - Oil company Union Jack Oil welcomed news that North Lincolnshire Council had approved the storage of crude oil at the Wressle project.
Union Jack held a 40% economic interest in the development, which was operated by Egdon Resources.
The grant of consent allowed full use of the installed oil storage capacity at site of about 2,000 barrels.
Union Jack said it would enable full production from the Wressle-1 well following a proppant squeeze expected to increase production to a constrained 500 barrels of oil per day.
At 9:24am: [LON:UJO] Union Jack Oil Plc share price was 0p at 0.15p
LincolnshireUnited-kingdomWressleNorth-yorkshireLincolnshire-councilUnion-jackUnion-jack-oilUnion-jack-oil-plcNorth-lincolnshire-councilLon-ujoUjo-l17 May 2021 | 08:03am
StockMarketWire.com - Oil company Union Jack Oil reported a full-year loss, as it and partners continued to develop the West Newton prospect in England.
Pre-tax losses for the year through December amounted to £1.87 million, compared to year-on-year losses of £1.69 million.
Revenue edged up to £0.16 million, from £0.14 million.
Union Jack had a cash balance in excess of £5.7 million at 1 May, not including loan receivables and royalty accruals of over £1 million due during 2021 and 2022.
At 8:03am: [LON:UJO] Union Jack Oil Plc share price was 0p at 0.15p
Story provided by StockMarketWire.com
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