Union Jack Oil plc’s joint venture has had its first setback from a poor show in its fifth drilled well, Sark, in central Oklahoma, USA. PROGRAMME Operator and partner Reach Oil and Gas company plc drilled the well to a total depth of 5,391 feet, targeting an estimated 1,440,000 barrels of oil gross and a […]
Tag: Reach Oil and Gas Company Inc
Union Jack JV completes drilling Sark
Union Jack Oil plc has drilled the Sark well to a total depth of 5,391 feet at the central Oklahoma site in the USA. TEST Joint venture partner and operator Reach Oil and Gas Company Inc perforated the Prue interval from 4,586 to 4,600 ft. Union Jack said that the Prue interval was highlighted on […]
Union Jack JV spuds Sark
Union Jack Oil plc’s joint venture has spud the Sark well, targeting an estimated 1,440,000 barrels of oil gross and a further potential 1.5 million barrels, in central Oklahoma, USA. PARTNERS The company will use the proceeds from the July £2 million fundraise for the programme. The overall US$3m drilling programme comprises Sark and Wolverine-1 wells […]
Union Jack signs additional Oklahoma farm-in
Union Jack Oil plc has signed another farm-in agreement with its joint venture partner for a 60% working interest, paying 80%, in the Sark well in central Oklahoma, USA. TARGETS Reach Oil and Gas Inc plans to drill the well in the early part of the third quarter 2025 for estimated recoverable resources of 1,440,000 […]
UJO-Reach drilling ‘bears fruit’ on Moccasin
Union Jack Oil plc said tests showed initial open hole average flow rate at 25.88 barrels of oil per hour, or 621 barrels of oil per day, in Moccasin 1-13 well in Pottawatomie County, Oklahoma, USA. ZONES Joint venture partner and operator Reach Oil & Gas Company Inc continues to evaluate the well while it starts installation of permanent production facilities and […]
Union Jack-Reach confirm Moccasin discovery
Union Jack Oil plc reported the commercial discovery of a “significant” oil producer of the joint venture Moccasin 1-13 well located in Pottawatomie County, Oklahoma, USA. ZONES The company holds a 45% working interest while operator Reach Oil & Gas Company Inc owns 55%. The Moccasin structure is a compressive feature associated with the regional […]