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Union Jack Oil PLC - UK and US focused onshore hydrocarbon, production, development, exploration firm - Says the Sark well in central Oklahoma, US, is spudded. Holds a 60% interest in the well, operated by Reach Oil & Gas Inc. Executive Chair David Bramhill says the high-impact well follows the successful Moccasin well and is ‘of major importance’ financially and operationally.
Current stock price: 5.14 pence, up 2.8% in London on Wednesday
12-month change: down 70%
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