Unexpected Depths Of Opportunity In Oklahoma

Unexpected Depths Of Opportunity In Oklahoma

Just beyond the horizon of familiar onshore oil plays, Union Jack’s latest venture into central Oklahoma hints at a broader ambition. A recent board decision has quietly brought the company’s expertise to the heart of a prolific American basin, setting the stage for a series of high-impact drilling campaigns that could reshape its risk profile and unlock fresh value for investors. In the coming months, Union Jack will earn into a 60 per cent sta…

Union Jack Oil signs farm-in agreement for Oklahoma drilling project - Drilling Contractor

Union Jack Oil signed a farm-in agreement with Reach Oil and Gas to acquire a 60% working interest in the Sark well, planned to be drilled early Q3 2025, located in central Oklahoma. The 3D-supported Sark well will drill a dip and fault closed large structure. The Hunton and 2nd Wilcox formations are the objective … The post Union Jack Oil signs farm-in agreement for Oklahoma drilling project appeared first on Drilling Contractor.

Union Jack Oil to acquire 60% interest in Sark Drilling Project

Union Jack Oil has announced a farm-in agreement with Reach Oil and Gas to acquire a 60% working interest in the Sark well in Oklahoma, US.

Union Jack Oil plc (AIM: UJO, OTCQB: UJOGF) Farm-in Agreement: Sark Drilling Project, USA

Farm-in Agreement: Sark Drilling Project, Oklahoma, USA Union Jack Oil plc (AIM: UJO, OTCQB: UJOGF), a UK and USA focused onshore hydrocarbon, production, development, exploration and investment company  is pleased toRead More...