Union Jack Oil Expands U.S. Operations with New Well

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

Union Jack Oil is gearing up for the spudding of the Taylor-1 well in Oklahoma, marking a significant step in their U.S. expansion strategy. With a 45% stake, Union Jack is optimistic about the well’s potential, following successful ventures like the Andrews field. This move is part of a broader plan to bolster growth in both the U.S. and UK markets, despite fiscal challenges.

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