Union Jack Oil PLC Membership of United Kingdom Onshore Oil and Gas
May 31 2022 - 1:01AM
RNS Non-Regulatory
TIDMUJO
Union Jack Oil PLC
31 May 2022
31 May 2022
Union Jack Oil plc
("Union Jack" or the "Company")
Membership of United Kingdom Onshore Oil and Gas
Union Jack Oil plc (AIM: UJO) a UK focused onshore hydrocarbon
production, development and exploration company, is pleased to
announce that the Company has been admitted as an Associate Member
of United Kingdom Onshore Oil and Gas ("UKOOG").
UKOOG is the representative body for the UK onshore oil and gas
industry, including exploration and production.
The key objectives of UKOOG are as follows:
-- to enhance the profile of the whole onshore industry (both conventional and unconventional)
-- to promote better and more open dialogue with key stakeholders
-- to deliver industry wide initiatives and programmes
-- to ensure the highest possible standards in safety, environment management and operations.
In joining UKOOG, Union Jack has become part of an organisation
that continues to build a unique presence across the entire supply
and service chains, enhancing the ability to talk to government,
regulators and the public in an informed, transparent and engaging
manner. In return, UKOOG hope to continue to deliver an industry
that can provide employment, energy and economic benefits to both
the country and its members.
Charles McAllister, Director at UK Onshore Oil and Gas
commented: "We are very pleased to welcome Union Jack Oil into the
UKOOG group, the trade body for the industry.
"Following a very successful period for UJO, we look forward to
working together to build on this excellent progress and further
the development of the UK's abundant onshore oil and gas
resources.
"Developing the UK's identified and proven onshore hydrocarbon
resources is of evident geopolitical, environmental and economic
benefit to the UK.
"The UK Government should take all necessary action to
facilitate the growth of our industry, which has safely produced
oil and gas for over 170 years in the UK.
"There is a very bright future for the UK onshore oil and gas
industry in the transition to a net zero economy and as the trade
body for the industry we look forward to spearheading that
development with the Union Jack Oil team, alongside our wider
membership."
David Bramhill, Executive Chairman of Union Jack commented: " We
are delighted to be able to work with UKOOG and assist in promoting
the benefits of the UK onshore hydrocarbon industry.
"Without doubt, the UK onshore arena is beginning to show
activity on several fronts, evidenced by a number of new
developments progressing, all of which facilitate the growth of an
extremely well regulated and important part of the UK energy
sector."
For further information, please contact
Union Jack Oil plc info@unionjackoil.com
David Bramhill
SP Angel Corporate Finance LLP +44 (0)20 3470 0470
Nominated Adviser and Broker
Matthew Johnson
Richard Hail
Caroline Rowe
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END
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