Follow us on:

Linkedin Facebook

Union Jack Oil PEDL253 settlement received from Humber Oil & Gas

Union Jack Oil

Union Jack Oil plc (LON:UJO), a UK focused onshore hydrocarbon production, development and exploration company, has noted the positive announcement made today by the Operator in respect of PEDL253.

Union Jack Oil states that “Egdon Resources plc has advised that the proceeds from the confidential settlement agreement between Egdon Resources U.K. Limited (acting on behalf of the PEDL253 joint venture partners) and Humber Oil & Gas Limited as announced on 24 June 2020 have been received.The joint parties to PEDL253 have therefore resolved the dispute arising under the JOA and look forward to co-operating in the future in the development of the licence.”

We’ll keep you in the loop!

Join 1,000's of investors who read our articles first

We don’t spam! Read our privacy policy for more info.

Share on:
Find more news, interviews, share price & company profile here for:

Latest Company News

Union Jack Oil plc

Union Jack Oil: Expanding Horizons with Strong U.S. Growth – Sidoti

Union Jack Oil Plc (LON:UJO, OTCQB: UJOGF) continues to move forward with its growth strategy, particularly with its expansion into the United States.
Union Jack Oil plc

Union Jack Oil reports positive testing results from Moccasin well

Union Jack Oil plc updates on the Moccasin 1-13 well in Oklahoma, confirming it as a commercial oil discovery with promising production rates and potential revenue growth.
Union Jack Oil plc

Union Jack Oil’s Moccasin Success Strengthens US Growth – SP Angel

UJO is rapidly progressing with the installation of permanent production facilities, a move that underlines the strength of its US expansion strategy.
Union Jack Oil plc

Union Jack Oil Moccasin declared a commercial discovery

Union Jack Oil plc shares a promising commercial discovery in the Moccasin 1-13 well, Oklahoma, confirming its potential for significant oil production.
Union Jack Oil plc

Union Jack Oil plc Positive update on Moccasin 1-13 Well, Oklahoma

Union Jack Oil plc (LON:UJO, OTCQB: UJOGF) reports promising developments at its Moccasin 1-13 well in Oklahoma, highlighting potential oil prospects.
Union Jack Oil plc

Union Jack Oil optimistic with Moccasin well spudding and Taylor well progress

Union Jack Oil plc (LON: UJO, OTCQB: UJOGF) announces the spudding of the Moccasin 1-13 well in Oklahoma, USA, with a 45% working interest.

Latest interviews

View all interviews 

Company Presentations

View all Company Presentations

Brokers Talk

View all Broker Talk

FTSE 100 News

Search

Search

Green News

View all Sustainable sectors, Plcs and news  

Q&A's

View all Question and Answers

Funds

View all Funds, Market Insights and news

UK Broker Ratings

Hardman & Co

Don't Miss Our News Alerts

Subscribe Free

Find us on:

Linkedin Facebook

Useful links

Disclaimer

You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person. You further understand that none of the information providers or their affiliates will advise you personally concerning the nature, potential, advisability, value or suitability of any particular stock, share, security, portfolio of securities, transaction, investment strategy, or other matter. We openly disclose that we and our contributors may have interests in investments and/or providers of services referred to within the website and that we receive remuneration from certain of the companies referred to on this website.

© 2025 – DirectorsTalk Interviews. All rights reserved. Reproduction in whole or in part, in any form or medium without express written permission is prohibited.