| Market cap (m) | £5.3 |
| Enterprise value (m) | £3.6 |
Union Jack Oil PLC is an onshore oil and gas exploration and production company. It mainly focuses on segment Exploration & Evaluation and Development and Production. Its principal projects consist of Biscathorpe, Burton on the Wolds, Wressle, Fiskerton Airfield, and Keddington.
Last Updated: 06/07/2026
Reabold Resources agreed to acquire Union Jack Oil via a share exchange of 0.051 new Reabold shares for each UJO share, valuing UJO at about GBP6.1 million. The boards of both companies agreed the deal, which, upon completion, would result in a combined market capitalisation of around GBP17.8 million. The transaction is expected to become effective by the end of 2026 at the latest.Reabold said it is funded for near-term work, including the West Newton recompletion, a gas development onshore wi