Union Jack Oil (GB:UJO) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Union Jack Oil, a company involved in onshore oil and gas production in the USA and UK, has acknowledged media reports about a potential challenge to the planning permission for expanding its Wressle well site. Union Jack holds a 40% stake in this development, which includes long-term production and pipeline construction. The company plans to provide further updates when necessary.
For further insights into GB:UJO stock, check out TipRanks’ Stock Analysis page.