Union Jack Oil (GB:UJO) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Union Jack Oil has announced promising drilling results from the Taylor 1-16 well in Oklahoma, confirming the presence of hydrocarbons in the Hunton Limestone. The company is optimistic about future production, with additional potential identified in secondary intervals. This development adds to its success in the UK, where significant revenues have been generated from the Wressle project.
For further insights into GB:UJO stock, check out TipRanks’ Stock Analysis page.