Union Jack Oil plc (UJO) · 2026-09-29
Union Jack’s first-half revenue rose to £1.56m, but a £0.48m impairment increased the reported pre-tax loss to £0.90m. The company says further funding is likely to be needed through September 2027 despite its going-concern assessment.
Union Jack Oil plc (UJO) · 2026-06-19
Union Jack Oil said the Crossroads well in Oklahoma was deemed non-commercial after testing four intervals. It saw good hydrocarbon shows, but the well will be plugged and abandoned in due course.
Union Jack Oil plc (UJO) · 2026-06-15
Union Jack Oil has received a non-binding indicative offer letter from Reabold for a possible all-share bid. Reabold must decide by 13 July 2026 whether to make a firm offer or walk away.
Union Jack Oil plc (UJO) · 2026-06-08
Union Jack Oil plc entered a 24-month facility agreement secured against its 40% interest in the Wressle oilfield. The loan carries a 5% annual interest rate, with 60% of Wressle's operating free cash flow dedicated to monthly repayment.
Union Jack Oil plc (UJO) · 2026-06-03
Director Mr Bull resigned from Union Jack Oil plc, citing the detrimental impact of media attacks on himself and his family. No successor or specific effective date was provided in the announcement.
Union Jack Oil plc (UJO) · 2026-05-27
Union Jack Oil board recommends voting against re-appointing former director Craig Howie. It proposes sub-dividing shares to enable future fundraising as the stock trades below its 5p nominal value.