Union Jack Oil Live Discussion

Ripley94 08 Feb 2020

RNS 14 MARCH UJO… XXXX There was a placing indeed @ 0.15p … £5 million Placing and Subscription from Regulatory News | 27th November 2019 070 RNS Number : 7652U Union Jack Oil PLC 27 November 2019 Market Abuse Regulation (MAR) Disclosure Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement 27 November 2019 Union Jack Oil plc (“Union Jack” or the “Company”) Placing and Subscription to raise £5 million Union Jack Oil plc (AIM: UJO), a UK-focused onshore hydrocarbon production, development and exploration company, is pleased to announce that it has raised £5 million by way of a placing and subscription of 3,333,333,326 new ordinary shares of 0.025p each (“New Ordinary Shares”) at a price of 0.15 pence per New Ordinary Share (the “Fundraising”). The Fundraising comprises a placing of 2,928,999,993 New Ordinary Shares (“Placing”) and a subscription of 404,333,333 New Ordinary Shares (“Subscription”). SP Angel Corporate Finance LLP acted as sole broker on the Placing. The proceeds will be deployed into what Union Jack believes are highly accretive projects including the drilling and testing of two further appraisal wells and the acquisition and reprocessing of new seismic data at the Company’s flagship asset at West Newton. Funds will also be used to drill an anticipated side-track well at Biscathorpe and to provide additional working capital. David Bramhill, Executive Chairman of Union Jack, commented: "The Board is delighted with the result of this successful fundraising. "These funds will allow Union Jack to fully engage in the newly proposed appraisal programme of its 16.665% interest in its conventional flagship project, West Newton, contained within PEDL183. "The placing provides funding to progress the technically and financially compelling West Newton project under a planned two well drilling and testing programme for H1 2020 which we expect will add significantly to the earlier successes seen at the A-1 and A-2 hydrocarbon discoveries. "We also have in place the funds required to complete a seismic acquisition programme over other structures that have been highlighted over the licence area, that we believe hold significant upside potential over and above the West Newton project. Volumetric data on West Newton recently compiled by the operator, Rathlin Energy, indicates a material onshore discovery which we believe may prove to be of national importance. "In addition to West Newton, Union Jack, has other material conventional assets in its balanced portfolio at Biscathorpe and Wressle that are expected to see activity over the coming months, either of which could potentially be transformational for the Company. “The directors are extremely confident about the future prospects for Union Jack and look forward to updating the market on developments at West Newton and our wider portfolio.” The Placing and Subscription The Company has raised £5 million before expenses by way of a placing and subscription of 3,333,333,326 New Ordinary Shares of 0.025p each at a price of 0.15p per New Ordinary Share. The Fundraising comprises a Placing of 2,928,999,993 New Ordinary Shares and a Subscription of 404,333,333 New Ordinary Shares. SP Angel Corporate Finance LLP acted as sole broker on the Placing. Details of the Director Subscription Joseph O’Farrell has subscribed for a total of 33,333,333 New Ordinary Shares at a price of 0.15p per share (“Director Subscription”). Details of the Director Subscription is outlined in the table below. Director Position New Ordinary Shares being subscribed Shareholding following Admission % holding following Admission Joseph O’Farrell Executive Director 33,333,333 275,732,806 1.79%

Ripley94 18 Nov 2019

RNS 14 MARCH UJO… XXXX Saw this one down 20% this Monday morning 18th November. Talk on lse Chris Oil had tweeted news before the Friday 15th RNS which was after Fridayclose. News was not showing on lse site @ 9am and posters on lse claim he was trading inside . In hindsight looks like i should of sold the lot as first planed 15th August . The block on buying back saved me here . Union Jack Oil Confirms Plans To Raise Funds For Drilling Activity from Alliance News | 15th November 2019 17:46 (Alliance News) - Union Jack Oil PLC on Friday confirmed that it is in the process of taking market soundings from investors for a planned placing of up to GBP5 million. The company expects to use the proceeds from the fundraise to fund further drilling activity at its flagship asset, West Newton project in East Yorkshire, including one vertical well and one horizontal well. Proceeds may also go towards acquiring and reprocessing new seismic data at West Newton, as well as drill a new sidetrack at Biscathorpe in Lincolnshire. Shares in Union Jack Oil closed 1.5% lower at 0.20 pence on Friday in London. By Dayo Laniyan; [email protected] Copyright 2019 Alliance News Limited. All Rights Reserved. corporate actionsAIMcompaniesstock & bond transactions

Ripley94 15 Aug 2019

RNS 14 MARCH UJO… XXXX Had all in ( D ) for sale just after open for 0.3. Concealed and replaced just 50% of them for 0.31p Lifted mid day . Every 0.01p extra £30 on the £1000.

Ripley94 26 Jul 2019

RNS 14 MARCH UJO… XXXX Limit lifted @29p ( D) blocked from buying back there.

Ripley94 16 Jul 2019

RNS 14 MARCH UJO… XXXX Hindsight looks good move down 8% today ( Tuesday have not looked since Friday sale ) R & J yesterday

Ripley94 12 Jul 2019

RNS 14 MARCH UJO… XXXXX The share has kept moving up daily had limit on ( D ) a slice @ 0.27p . Not lifting moved that to ( Si ) limit at first but went back got a live 0.27 after 30 mins took it .

Ripley94 09 Jul 2019

RNS 14 MARCH UJO … XXXX In the risers steadily each day creeping up , up 4.76 % today but all in spread .

Ripley94 06 Jul 2019

RNS 14 MARCH UJO … XXXX Just read Chris Williams ( Chris Oil ) and his friend Dan levi ( 16 years for bank robbery and being in a Manchester drug gang ) Are involved here !!!

Ripley94 30 Jun 2019

RNS 14 MARCH UJO… XXXXXX Placing friday @ 17p Malcy thought a good move. Points out Raebolds large interest .

Ripley94 17 Jun 2019

RNS 14 MARCH UJO… XXXX RNS … 7am …30 % gap up to 0.29p

Ripley94 13 Jun 2019

RNS 14 MARCH UJO… XXXX Thought i did top up here in ( S ) Headed for 0.17 today up 14%

Ripley94 04 Jun 2019

RNS 14 MARCH UJO… XXXX Dropped off a little today to 0.14p ( D ) will not allow deal . Interesting to see in time if that is a good thing .

Ripley94 31 May 2019

RNS 14 MARCH UJO XXXX Sliced last two buys @ 15.2p. Note this is one last call advised not to top up above. ( G ) advised sell month ago.

Ripley94 17 May 2019

RNS 14 MARCH UJO… XXXXX 14% rise today no news excitement on others chat sites . Back to 0.14p February high .

Ripley94 23 Mar 2019

RNS 14 MARCH UJO… XXXX RNS… Yesterday placing 0.075p