---
title: "David Bramhill  Executive Chairman-Union Jack Oil PLC (AIM:UJO)"
publisher: "Share Talk"
author: "sharetalk"
published: "2018-05-01T11:06:27+00:00"
modified: "2019-01-27T19:19:30+00:00"
date: 2018-05-01
canonical: "https://www.share-talk.com/david-bramhill-executive-chairman-union-jack-oil-plc-aimujo/"
category: "Podcasts"
categories: ["Podcasts"]
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)

**Published:** May 1, 2018
**Author:** sharetalk
**Categories:** Podcasts
**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

[http://physio4motion.wpinfy.xyz/share-news/union-jack-oil-plc-aimujo-final-results-for-the-year-ended-31-december-2017/](http://physio4motion.wpinfy.xyz/share-news/union-jack-oil-plc-aimujo-final-results-for-the-year-ended-31-december-2017/)

**Operational Highlights**

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

á Proven resources and reserves increased

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

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

**Financial Highlights**

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

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

á 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.”

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