Union Jack Oil PLC 2024 AR2
The report details Union Jack Oil plc's financial and operational performance for the fiscal year 2024, highlighting its third consecutive year of profitability and debt-free status. The company expanded its growth strategy into the United States, establishing a successful drilling partnership in Oklahoma with a 100% success rate across four exploration wells, alongside expanding its high-return Mineral Royalties portfolio. In the United Kingdom, Union Jack focused on its flagship Wressle development, which saw a 263% increase in 2P Reserves, and progressed other key onshore projects like West Newton and Keddington. Additionally, the company conducted a double materiality assessment aligned with GRI standards and identified key ESG focus areas, including greenhouse gas emission reduction and community economic impacts.
Company: Union Jack Oil PLC
Sector: Energy
Country: United Kingdom
Year: 2024
Type: AR2
Pages: 90
Union Jack Oil PLC
Annual Report And Financial Statements
The report details Union Jack Oil plc's financial and operational performance for the fiscal year 2024, highlighting its third consecutive year of profitability and debt-free status. The company expanded its growth strategy into the United States, establishing a successful drilling partnership in Oklahoma with a 100% success rate across four exploration wells, alongside expanding its high-return Mineral Royalties portfolio. In the United Kingdom, Union Jack focused on its flagship Wressle development, which saw a 263% increase in 2P Reserves, and progressed other key onshore projects like West Newton and Keddington. Additionally, the company conducted a double materiality assessment aligned with GRI standards and identified key ESG focus areas, including greenhouse gas emission reduction and community economic impacts.
Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.
Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Net Zero Target
Employees