---
title: "David Bramhill  Executive Chairman-Union Jack Oil PLC (AIM:UJO) Interview"
publisher: "Share Talk"
author: "sharetalk"
published: "2018-05-01T12:22:41+00:00"
modified: "2018-05-01T12:46:27+00:00"
date: 2018-05-01
canonical: "https://www.share-talk.com/david-bramhill-executive-chairman-union-jack-oil-plc-aimujo-interview/"
category: "Energy"
categories: ["Energy", "Exclusive Interviews"]
tags: ["UJO", "Union Jack Oil"]
image: "https://i0.wp.com/www.share-talk.com/wp-content/uploads/2023/11/Stencil-Google-Chrome-2023-04-19-at-2.47.43-PM.jpeg?fit=1231%2C615&quality=89&ssl=1"
format: "news"
language: "en-GB"
---

# David Bramhill  Executive Chairman-Union Jack Oil PLC (AIM:UJO) Interview

**Published:** May 1, 2018
**Author:** sharetalk
**Categories:** Energy, Exclusive Interviews
**Tags:** UJO, Union Jack Oil
**Featured image:** ![](https://i0.wp.com/www.share-talk.com/wp-content/uploads/2023/11/Stencil-Google-Chrome-2023-04-19-at-2.47.43-PM.jpeg?fit=1231%2C615&quality=89&ssl=1)

---

 

#### Union Jack Oil PLC (AIM: UJO) Final Results for the Year Ended 31 December 2017

[https://www.share-talk.com/share-news/union-jack-oil-plc-aimujo-final-results-for-the-year-ended-31-december-2017/](https://www.share-talk.com/share-news/union-jack-oil-plc-aimujo-final-results-for-the-year-ended-31-december-2017/)

 

**David Bramhill, Executive Chairman, Union Jack Oil PLC (AIM: UJO) Talks about today’s RNS Update**

**Union Jack Oil plc (AIM: UJO)** an onshore exploration and production company with a focus on drilling, development and investment opportunities in the United Kingdom hydrocarbon sector, is pleased to announce its audited results for the year ended 31 December 2017.

**Operational Highlights**

-  Portfolio expanded with selective, value accretive asset transactions through further interests in Wressle and Biscathorpe

- Proven resources and reserves increased

- Oil production profile expanded via acquisition of interests in Fiskerton Airfield and Keddington oilfields

- Prepared for the drilling of two significant conventional prospects Biscathorpe-2 and Holmwood-1

 

**Financial Highlights**

-   Cash balance in excess of £2.0 million as at 30 April 2018

- £1.25 million (before expenses) raised in March 2018 to expand further the Company’s asset portfolio

-    The Company remains debt free

 

**David Bramhill, Executive Chairman, commented: **

“Considerable progress was made in the year under review and in the period up to the signing of these financial statements.

I am enthusiastic in respect of the year ahead and I look forward to reporting progress with our current projects and new acquisitions during 2018 and beyond.

The objective of your Board remains to build a sustainable and profitable conventional onshore hydrocarbon production and development business.”

 

---

**Original URL:** https://www.share-talk.com/david-bramhill-executive-chairman-union-jack-oil-plc-aimujo-interview/
*Created by [WP Markdown Endpoint](https://wpmarkdownendpoint.com/)*