Union Jack Oil (GB:UJO) has released an update.
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Union Jack Oil is gearing up for the spudding of the Taylor-1 well in Oklahoma, marking a significant step in their U.S. expansion strategy. With a 45% stake, Union Jack is optimistic about the well’s potential, following successful ventures like the Andrews field. This move is part of a broader plan to bolster growth in both the U.S. and UK markets, despite fiscal challenges.
For further insights into GB:UJO stock, check out TipRanks’ Stock Analysis page.
