Union Jack Oil provide a West Newton drilling operations update

Union Jack Oil - West Brentwood
[shareaholic app="share_buttons" id_name="post_below_content"]

Union Jack Oil plc (LON:UJO), a UK focused onshore hydrocarbon production, development and exploration company have provided an update on the West Newton B-1 appraisal well (WNB-1) where drilling operations are on-going.

Union Jack holds a 16.665% interest in PEDL183, containing the conventional West Newton A-1 discovery well and the West Newton A-2 appraisal well.

The WNB-1 well has been drilled safely to a Total Depth of 2,295 metres, encountering both the primary and secondary objectives, the Kirkham Abbey and Cadeby formations, respectively.

The Kirkham Abbey formation indicated a hydrocarbon charge based on wireline logs, cuttings and mud gas readings. The secondary target, the Cadeby formation contained insufficient reservoir development within the targeted slope environment.

The Joint Venture has commenced a side-track drilling operation from the WNB-1 well and following preparatory engineering exercises the West Newton B-1Z (WNB-1Z) will be drilling ahead during the next few days.

The objective of the WNB-1Z side-track well is to further appraise the Kirkham Abbey formation on a structurally superior location, targeting enhanced reservoir quality and on-trend with the previously discovered Kirkham Abbey accumulations. The information derived from both the WNB-1 and WNB-1Z wells will provide additional data to inform the optimal locations of future development wells at the West Newton project.

Drilling activities at the West Newton B site are ongoing and shareholders and the market will be updated following completion of drilling operations and evaluation in due course.

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.

Twitter
LinkedIn
Facebook
Email
Reddit
Telegram
WhatsApp
Pocket
Find more news, interviews, share price & company profile here for:
Union Jack Oil plc is set to enhance its US operations with new drilling projects in Oklahoma, aiming to boost production volumes and revenue growth.
Union Jack Oil plc announces the imminent spudding of the Taylor-1 well in Oklahoma, USA, focusing on promising onshore hydrocarbon prospects.
Union Jack Oil plc (LON:UJO) is advancing in the UK and US, solidifying its presence in onshore oil and gas. SP Angel upholds a BUY rating with a 66p target.
Union Jack Oil plc updates on West Newton gas project, noting Rathlin Energy's application for West Newton A-2 well recompletion, a key step in UK's low-carbon transition.

Search

Search