Union Jack Oil sells interest to Gatwick Gusher’s UKOG
The payment will be taken in shares and will give Union Jack more exposure to UKOG’s Weald Basin assets.
The payment will be taken in shares and will give Union Jack more exposure to UKOG’s Weald Basin assets.
The sale is in line with Europa’s strategy to focus on its high impact portfolio of exploration licences in Atlantic Ireland, its existing producing assets onshore UK.