Union Jack Oil plc @UnionJackOilplc
AIM listed, UK onshore oil & gas producer, focused on near term, high value revenue prospects. UnionJackOil.com Joined September 2021-
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Latest images of ongoing site operations at our Sark well in Oklahoma šŖ
"For all the propaganda of how renewable energy is going to meet our needs, the brutal truth is it falls well short, is costing millions to sustain, and we still need huge quantities of oil and gas," says Conservative MSP @SueJWebber, warning "Both the Labour Party and the SNPā¦
Weāre delighted with the continued success of our flagship Wressle Oilfield in the UK š¬š§, where last year's CPR upgraded reserves by 263%! To date, over 725,000 barrels of high-quality oil have been produced and sold from Wressle, driving our robust cash flow. Learn more:ā¦
Labour's ban on new oil and gas licences in the North Sea could cause blackouts by leaving Britain ādangerously exposedā to supply squeezes, Kemi Badenoch warned yesterday. Lifting the ban on new oil and gas will be a great start but Net Zero targets need to be scrappedā¦
Nut Zero keeps meeting with and losing to reality. #CostOfNetZero #RenewableEnergy
More good sense on oil and gas from. @KemiBadenoch These comments apply across the energy space. We need to deregulate, create a presumption in favour of production rather than prevention and cut back the cottage industry of excess regulation and bloated permitting processesā¦
In the real world of Norwayās 2025 parliamentary election campaign, the main opposition leader has said āNorway should be the last country in the world to stop productionā.ā.ā.āWe want to pump oil for another 100 years.ā Since Russiaās brutal full-scale invasion of Ukraine,ā¦
Britain could meet 50 per cent of its domestic energy needs until 2050 if a tax on oil and gas was scrapped, Offshore Energies UK has said. The North Sea is currently on track to provide only about a quarter of Britainās needs through to 2050 because high taxes discourageā¦
Kemi Badenoch has vowed to take on ābullyingā climate change activists after blaming them for halting North Sea oil and gas exploration with legal challenges. Climate bullies are the enemies of prosperity. The only way to stop the activist lawyers is to scrap the legally bindingā¦
Life without oil means the dramatic collapse of modern society with nothing to replace it. Without coal, oil & gas, industries & supply chains will break down leading to food shortages, limited consumer goods & a severely disrupted economy. Turbines & solar produce nothing &ā¦
āItās absurd that we are leaving vital resources untapped while neighbours like Norway extract them from the same sea bed,ā Kemi Badenoch has said as she vows to extract North Sea oil and gas to lower prices.
A reform of the current punitive windfall tax on UK North Sea oil and gas could unlock additional $185 billion (Ā£137 billion) for Britainās economy by 2050, the top industry body OEUK said on Monday. #CostOfNetZero
Reform UK have said they would lift any fracking ban immediately. A Reform UK government would work with oil and gas companies using new extraction techniques to explore for shale gas at a couple of independently monitored fracking wells. "That will confirm the quantity of gasā¦
Kemi Badenoch will this week unveil a pledge to extract as much oil and gas from the North Sea as possible. In a speech that will draw comparison to Donald Trumpās ādrill, baby, drillā moment, the Tory leader will announce that the Tories plan to completely overhaul the North Seaā¦
Energy security means reliable supply. Onshore UK oil production strengthens distribution, reduces disruptions and supports homes and local businesses. #UJO #EnergySecurity #Oil š¬š§ $UJO šŗšø $UJOGF
By my calcs, and on these stats a battery that could power the UK for a two-week midwinter Dunkelflaute would cost Ā£5.8 trillion, and occupy a site with a footprint of 536 square miles, or a square area 23 miles long on each side.
By my calcs, and on these stats a battery that could power the UK for a two-week midwinter Dunkelflaute would cost Ā£5.8 trillion, and occupy a site with a footprint of 536 square miles, or a square area 23 miles long on each side.
A reminder that the 'Biggest Battery in Europe' (Cottingham, UK) could in theory power the UK grid for about 15 seconds until it was exhausted. It cost Ā£75 million. So how much would it cost for batteries to cover for 2 days? Would it be worth it?
A reminder that the 'Biggest Battery in Europe' (Cottingham, UK) could in theory power the UK grid for about 15 seconds until it was exhausted. It cost Ā£75 million. So how much would it cost for batteries to cover for 2 days? Would it be worth it? https://t.co/G3zxcMhFbQ
Union Jack Oil: Debt-free, cash-generative, with a balanced portfolio across UK and USA. Steady revenues from UK production at the Wressle and Keddington fields, US production at the Andrews and Moccasin wells. Additional income from our US Mineral Royalties portfolio buildingā¦
In the UK, weāre highly focused on the development of our flagship Wressle field with near-term expansion plans helping UJO towards the conversion of our recent 263% reserves upgrade and planning consent in place for a decade of revenues. Explore our portfolio:ā¦
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