Annual Report And Financial Statements

Overview

The report records Union Jack Oil's first full year of Wressle production, with revenue of £8,507,050 and profit after tax of £3,606,624. It highlights Wressle as the UK's second most productive conventional producing onshore oilfield and describes plans to use associated gas for on-site electricity generation. Governance disclosures state that the company directly employs four people and has adopted the QCA Corporate Governance Code 2018. Its climate policy requires aligned operators to commit to net zero no later than 2050 and at least a 25% emissions reduction by 2025.

Document

Report type: Annual Report
Class: Financial
Scope: Full report
Fiscal year: 2022
Period: Ends 31 December 2022
Publication date: 12 May 2023
Language: English
Pages
File size

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