Union Jack Oil PLC 2019 AR2
The report outlines Union Jack Oil plc's operational and financial progress for the fiscal year ended December 31, 2019. Key highlights include the successful drilling of the West Newton A-2 conventional appraisal well and obtaining planning consent for the Wressle hydrocarbon discovery. The company remains debt-free with a strong cash balance of over 5.5 million GBP as of May 2020, fully funding its planned commitments. Additionally, Union Jack Oil increased its interest in the Biscathorpe project and expanded its production assets at the Keddington oilfield.
Company: Union Jack Oil PLC
Sector: Energy
Country: United Kingdom
Year: 2019
Type: AR2
Pages: 72
Union Jack Oil PLC
Annual Report And Financial Statements
The report outlines Union Jack Oil plc's operational and financial progress for the fiscal year ended December 31, 2019. Key highlights include the successful drilling of the West Newton A-2 conventional appraisal well and obtaining planning consent for the Wressle hydrocarbon discovery. The company remains debt-free with a strong cash balance of over 5.5 million GBP as of May 2020, fully funding its planned commitments. Additionally, Union Jack Oil increased its interest in the Biscathorpe project and expanded its production assets at the Keddington oilfield.
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Document Details
Report Year
2019
Reporting Period
Jan 1, 2019 - Dec 31, 2019
Fiscal Year
2019
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Employees