Union Jack Oil Plc is an onshore oil and gas exploration company with a focus on drilling,development and investment opportunities in the United Kingdom hydrocarbon sector listed on the London Stock Exchange AIM market (Ticker: UJO).The Company currently has four licences in the East Midlands Basin and remains in negotiation with several established companies to acquire licence interests in suitable projects.The four licences are Biscathorpe / Burton on the Wolds / North Kelsey / Wressle.


PEDL 180 & PEDL 182

Union Jack Oil hold a net interest of 8.33% in PEDL 180.

The Wressle Prospect was originally identified and mapped using vintage 2D seismic data and subsequently defined on proprietary 3D seismic acquired by Egdon in 2012. The Wressle Prospect is located on trend with a number of discoveries such as Crosby Warren, Broughton-1 and Brigg along a sequence of faults that trend generally in a North West – South East direction.It has been designed to intersect a number of prospective Upper Carboniferous age sandstone reservoirs in a structurally favourable position near the crest of the Wressle structure.

Drilling commenced on 19th July 2014 at PEDL 180 ( Wressle Prospect ) The planned well will be drilled as a deviated well to a total depth of
about 2,300 metres.Results are expected from wednesday 27th august onwards.

Following drilling at Wressle,operations are due to commence immediately on PEDL 182 in a "back to back" drilling program.

Disapointing.