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Oil Capital

Union Jack Oil sees 'game-changing upside' in Biscathorpe after upping stake

David Bramhill, executive chairman of Union Jack Oil PLC (LON:UJO) tells Proactive the company's increased its stake in the drill-ready Biscathorpe prospect ahead of an exploration well in mid-2018.

The deal was agreed in tandem with Humber Oil & Gas, a private company, which is teaming up with Union Jack through a new commercial tie-up focused on acquisitions.

 

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