Union Jack Oil PLC 2021 AR2
The report outlines Union Jack Oil plc's financial and operational performance for the fiscal year ended December 31, 2021. The company achieved a significant financial milestone with oil revenues increasing by over 1,000%, driven by strong production at the Wressle development. Union Jack remains committed to minimizing its environmental impact, commissioning carbon intensity studies for its Biscathorpe and West Newton projects, both of which received AA ratings. Additionally, the company is progressing plans for a capital reduction to enable shareholder returns through dividends or share buybacks.
Company: Union Jack Oil PLC
Sector: Energy
Country: United Kingdom
Year: 2021
Type: AR2
Pages: 80
Union Jack Oil PLC
Annual Report And Financial Statements
The report outlines Union Jack Oil plc's financial and operational performance for the fiscal year ended December 31, 2021. The company achieved a significant financial milestone with oil revenues increasing by over 1,000%, driven by strong production at the Wressle development. Union Jack remains committed to minimizing its environmental impact, commissioning carbon intensity studies for its Biscathorpe and West Newton projects, both of which received AA ratings. Additionally, the company is progressing plans for a capital reduction to enable shareholder returns through dividends or share buybacks.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
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