Union Jack Oil plc (AIM: UJO), a UK and USA focused onshore hydrocarbon, production, development, exploration and investment company, announces that, following the update on 8 April 2026.
Reach Oil and Gas Company Inc. (the “Operator”), has informed the Company that there has been a short delay to the spud date for the Crossroads well, located in Southern Oklahoma, USA as a result of rig maintenance requirements. The Operator is confident that the well will be spudded before the end of April 2026.
Union Jack currently holds a 43% interest. The Company’s share of the drilling costs have already been funded from the Company’s existing cash resources.
For further information, please contact:
Union Jack Oil plc info@unionjackoil.com
David Bramhill
