Crossroads Well Southern Oklahoma USA Update

In brief · summary, not quotable

Union Jack Oil plc has announced an update regarding the Crossroads Well in Southern Oklahoma, where the rig is still undergoing maintenance and repair, with a spud date to be provided in early May. The company holds a 43% interest in this project, and its share of the drilling costs has already been funded from existing cash resources.

Full announcement

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Union Jack Oil plc (AIM: UJO), a UK and USA focused onshore hydrocarbon, production, development, exploration and investment company, announces that, further to the update on 16 April 2026, Reach Oil and Gas Company Inc. (the "Operator"), has informed the Company that the rig at Crossroads Well, located in Southern Oklahoma is still undergoing maintenance and repair. A spud date will be provided in early May.

Union Jack currently holds a 43% interest in the project. The Company's share of the drilling costs have already been funded from its existing cash resources.

Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.