Union Jack Oil (GB:UJO) has released an update.
Don't Miss Our New Year's Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
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.
