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Union Jack Oil PLC

West Newton farm-in has 'all the right ingredients' - Union Jack Oil's David Bramhill

David Bramhill, executive chairman of Union Jack Oil PLC (LON:UJO), discusses with Proactive London's Andrew Scott the acquisition of a 16.667% stake in the West Newton gas discovery, in Yorkshire.

West Newton, located on the western sector of the southern Zechstein basin in east Yorkshire, is a conventional operation.

It is on trend with the prolific Hewett gas field complex which had 419bn cubic feet of original in place gas.

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Market: AIM
Market Cap: £36.93 m
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Union Jack's David Bramhill clarifies West Newton update and well test plans

Union Jack Oil PLC's (LON:UJO) David Bramhill discusses an announcement released by Rathlin Energy which details the next steps at West Newton. Bramhill says testing of the West Newton A-2 well should take approximately 4-8 weeks to complete.

3 weeks, 2 days ago

2 min read

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