Keyword results: PEDL 339

UJO
UJO

Union Jack - picks up new acreage: good but no fat cigar: BUY

The UK's 14th onshore licensing round came to a close today with the final awards of new acreage and Union Jack (UJO) gets a win from the process. Egdon Resources has formally been awarded license PEDL 339 in the East Midlands and if Union Jack pays 20% of the cost of the first well - which it will - it gets a 10% interest.

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