Union Jack Oil (GB:UJO) has released an update.
Union Jack Oil has announced a commercial discovery at the Andrews 1-17 well in Oklahoma, USA, where it holds a 45% working interest. The well is producing high quality oil with the first sales already made, and installation of permanent facilities is underway to optimize oil and gas production rates. The company is already planning a follow-up well to capitalize on the success of Andrews 1-17.
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