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Union Jack Oil Addresses Wressle Development Speculation

Union Jack Oil Addresses Wressle Development Speculation

Union Jack Oil (GB:UJO) has released an update.

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Union Jack Oil, a company involved in onshore oil and gas production in the USA and UK, has acknowledged media reports about a potential challenge to the planning permission for expanding its Wressle well site. Union Jack holds a 40% stake in this development, which includes long-term production and pipeline construction. The company plans to provide further updates when necessary.

For further insights into GB:UJO stock, check out TipRanks’ Stock Analysis page.

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