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#ujo $UJO #ujogf
*Union Jack Oil announce signing of a facility agreement with
Egdon Resources U.K. Limited with a secured term loan
facility of £1,000,000
*The Loan will provide the Company with additional working
capital for general corporate purposes
Read the full details here: https://t.co/8GXao9nr11
#ujo $UJO #ujogf #OTCQB
The Middle McClish refers to the middle member of the McLish Formation, an oil-and-gas-bearing geologic layer of Middle Ordovician age located in Oklahoma, USA. It is highly significant in petroleum geology and reservoir exploration across the Anadarko and Ardmore basins.
Reservoir Properties: The sandstone facies within the McClish provide strong porosity and permeability, making them reliable conventional reservoirs for trapping crude oil and natural gas.

#ujo $UJO #ujogf #OTCQB
The Crossroads well encountered good hydrocarbon shows at several levels from the Hoxbar down to the Basal McLish intervals.
Based on a petrophysical evaluation of the downhole logs, four intervals with production potential will be tested. These intervals are the Middle McLish, Basal McLish, Cisco and Hoxbar Sandstones.

$UJOGF @UnionJackOilplc Makes Major Announcement https://t.co/EONNqhvx0j

#ujo $UJO #ujogf #OTCQB
Crossroads Well
The mapped closure at Crossroads is the largest undrilled feature in the area and has the potential to yield up to 1,800,000 barrels of oil.
The Oil Creek Sand is a major oil-producing zone and one of the most prolific oil and gas producing formations in the Oklahoma-Texas region.
Union Jack Oil owns a 43% working interest in the project and has financed its share of the drilling programme entirely from existing cash reserves.

#ujo $UJO #ujogf #OTCQB
The UK oil sector has suffered catastrophic damage due to the repercussions of Ed Miliband's net zero policies. With planning permissions being refused, those granted being challenged, action groups, protests and other disabling events, Union Jack formed their alliance with Reach in the nick of time!
Looking forward to the results of our Crossroads well presently being drilled!

#ujo $UJO #ujogf #OTCQB
*Crossroads is a structural prospect with an area of 100 acres and 50 feet of vertical closure, mapped by Reach from 3D seismic.
*The main objective of the well is for oil in the middle
Ordovician age Oil Creek Sand.
*The James Thompson 1A well, located 1.5 kilometres north-west of Crossroads tested 124 bopd from the Oil Creek formation.
*Other potential reservoirs exist in the Tulip Creek and McClish formations. In addition, Pennsylvanian Sands remain a viable target.
*The mapped closure at Crossroads is the largest undrilled feature in the area and has the potential to yield up to 1,800,000 barrels of oil.
*Success case NPV10% is US$11,000,000 based on US$60 per barrel oil price.

#ujo $UJO #ujogf #OTCQB
*Union Jack Oil are pleased to announce the Crossroads well was spudded yesterday, 5th May.
*The drilling period will take approximately 10 days and the company will update shareholders on the results as soon as possible.
*Union Jack currently holds a 43% interest in the project and the Company’s share of the drilling costs have been funded from its existing cash resources.
https://t.co/w0tGEqlLka

#ujo $UJO #ujogf #OTCQB
Project Update
*Union Jack holds numerous valuable assets on both sides of
the Atlantic.
*In the UK, Wressle and West Newton potential revenues
expected to be material to Union Jack
*In the USA, serious upside potential
*Cost and efficiency programme being implemented
Read the full RNS here: https://t.co/6jFz6SJEDw

#ujo $UJO #ujogf #OTCQB
In the UK, Union Jack Oil hold 40% of the production at its impressive Wressle site along with 55% of the production at the recently upgraded Keddington site. In the USA, the company enjoys gas production from our two Andrews wells being sold into the grid along with solid oil production from the Moccasin well. Our royalties are also returning a pleasing revenue percentage. With other assets to be furthered in 2026, our aim is to build on this success to increase shareholder value.

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