Union Jack Oil Reports £7M Net Loss Amid Strategic Shift to USA Drilling
Union Jack Oil's £7M loss driven by UK impairments as it pivots to US drilling. Debt-free with Oklahoma success-key takeaways for investors.
May 26, 2026
The Archive · 3 posts
Union Jack Oil PLC
Discover the potential with Union Jack Oil (UJO), a key player in UK's onshore oil & gas sector on the LSE. 🛢️🚀
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Union Jack Oil Acquires 60% Stake in High-Potential Sark Oil Project in Oklahoma
Union Jack Oil acquires 60% stake in Oklahoma's Sark oil project. $1.1m investment targets $10.9m NPV with 65% success chance. US expansion accelerates.
JoshuaJuly 9, 2025
Union Jack Oil Reports 2024 Profits and Major Reserves Growth Amid US Expansion
Union Jack Oil's 2024 results: £649k profit & 263% reserves surge. Balancing UK cashflow with high-growth Oklahoma oil plays. Explore the transatlantic strategy.
JoshuaMay 19, 2025