In this episode of FinancialFox CEO One-to-One, PR Guru Stefania Barbaglio interviews David Bramhill, Executive Chairman at London listed Union Jack Oil (UJO). Davis talks about the significant upside at West Newton, confident that positive results from the West Newton A-2 appraisal well there can be game-changing for Union Jack Oil and its shareholders. The West Newton basin is one of the highest impact onshore projects in the UK, where the well has more than a 70% probability of gas and oil outcome.
David also comments on the Company’s positive 2018 results and UJO’s progress over the last year, with a clear strategy to build a successful and sustainable, UK- focused, onshore hydrocarbon production and development business. UJO’s portfolio also includes the Wressle discovery which is waiting for planning approval for immediate production, and Biscathorpe, which remains one of the UK’s largest onshore un-appraised conventional hydrocarbon prospects. Exciting times for UJO.
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