Union Jack Oil Plc · LSE:UJO
Union Jack Oil — Investor Presentation (July 2025)
23 slides from Union Jack Oil's investor presentation, July 2025
Slide 1: Investor Presentation July 2025
Profitable Transatlantic Oil and Gas Production and Development INVESTOR PRESENTATION EXPANDING OIL AND GAS PRODUCTION IN THE USA JULY 2025 UNION JACK OIL plc AIM: UJO - OTCQB: UJOGF
Slide 2: Disclaimer
Disclaimer The information contained herein has been provided solely for information purposes and does not purport to be comprehensive or contain all the information that may be required by recipients to evaluate Union Jack Oil Plc (the “Company”). This presentation (and the information contained in
Slide 3: Union Jack Oil Overview
Union Jack Oil Overview Profitable, production and development Company, operating onshore UK and USA with excellent growth prospects • Proven operational success in UK and USA onshore – Q2 2025 average production circa 175 boepd net, cash generative and profitable • Disciplined approach to G&A, OPEX
Slide 4: Strategic Expansion into USA
Strategic Expansion into USA Delivering Growth and Positive Cashflow • The USA is the World's largest oil and gas producer • Regulators are supportive and the USA is a “friendly” tax jurisdiction and economically attractive • In 2024, UJO entered the USA and embarked on a rapid expansion programme –
Slide 5: Reach Oil and Gas Company Inc.
Reach Oil and Gas Company Inc. • Established in 2018, Reach Oil and Gas Company (“Reach”) is a quality, accredited Operator in the USA, currently operating numerous oil and gas facilities in Seminole and Pottawatomie Counties in Oklahoma • Formed by Miles Newman and Isabel Davies, successful UK expl
Slide 6: USA Projects and Mineral Royalty Locations
USA Projects and Mineral Royalty Locations Oklahoma wells: Moccasin, Andrews, Taylor and Rogers Regional Fault Map Oklahoma NORTH DAKOTA Wilzetta Fault Trend Wilzetta Fault Trend Moccasin OKLAHOMA Andrews Field Taylor Andrews Taylor Area Rogers TEXAS Mineral Royalties UNITED STATES OF AMERICA LICENC
Slide 7: Moccasin 1-13 Well (45%)
Moccasin 1-13 Well (45%) Pottawatomie County, Oklahoma • Moccasin drilled to 5,690 feet in Q1 2025 • Primary objective 1st Wilcox formation, perforated, tested and confirmed as a significant oil producer • Open-hole average flow rate on test equated to 620 bopd gross • Light oil recovered with an AP
Slide 8: Andrews Field (45%)
Andrews Field (45%) Seminole County, Oklahoma • The initial wells drilled in our US drilling campaign, Andrews 1-17 and 2-17, declared commercial discoveries now form the Andrews Field • Predominantly gas producing, with high quality ultra-light oil with a gravity of up to 50 degrees API • Currently
Slide 9: Andrews Field Production Facilities
Andrews Field Production Facilities 9
Slide 10: Andrews Field Oil Storage Facilities
Andrews Field Oil Storage Facilities 10
Slide 11: Andrews Field Gas Metering
Andrews Field Gas Metering 11
Slide 12: Rogers Enhanced Oil Recovery Project (45%)
Rogers Enhanced Oil Recovery Project (45%) Seminole County, Oklahoma • The Rogers secondary recovery project is designed to significantly increase oil delivery from the Rogers and S&M wells, two legacy production wells, via the Coker injection well • Base case volumes calculated by the Operator indi
Slide 13: Taylor 1-16 Well (45%)
Taylor 1-16 Well (45%) Seminole County, Oklahoma • The Taylor 1-16 well located in Seminole County, Oklahoma, was drilled to a Total Depth of 4,577 feet and encountered the Hunton, Misner and Cromwell Sand formations • 3D seismic supported • The Cromwell was perforated and returned oil which has bee
Slide 14: Mineral Royalty Portfolio Assembled
Mineral Royalty Portfolio Assembled Generates excellent returns Union Jack acquired proxy interests in Operators of UJO’s portfolio are major producers, 163 wells for £780,000 in 2024 ranking highly in the S&P Global, Fitch and Generated a return on investment of more Moody Credit Ratings than 25% i
Slide 15: H2 2025 Planned Three Well Drilling Programme in USA
H2 2025 Planned Three Well Drilling Programme in USA Located in Central and Southern Oklahoma • Range of low-cost cost plays, risks and drilling opportunities exist across Central and Southern Oklahoma • Cost of drilling programme approximately £2,000,000 net, including all development costs to firs
Slide 16: Sark (60%)
Sark (60%) Central Oklahoma, USA • 3D seismic supported Sark well will drill a dip and fault closed large structure of 156 acres and 40 feet relief • Estimated recoverable resources of 1,440,000 barrels of oil gross • Cost to drill, complete and develop circa US$1,100,000 net • Success case NPV10% c
Slide 17: Crossroads (43%)
Crossroads (43%) Southern Oklahoma, USA • Crossroads will penetrate a large 100 acre structure in the prolific Oil Creek Sand • Chance of Success is 40%* with an estimated recoverable resource over multiple target zones of circa 1,670,000 barrels of oil gross • Cost to drill, complete and develop ci
Slide 18: Wolverine-1 (30%)
Wolverine-1 (30%) Central Oklahoma, USA • Wolverine-1 will be drilled into the western crest of a producing field, imaged by 3D seismic • Chance of Success is 80%* with an estimated gross recoverable resource over multiple target zones of circa 1,310,000 barrels of oil • Success case NPV10% circa US
Slide 19: Activity Schedule H2 2025
Activity Schedule H2 2025 July August September October November December Test Sark Drill Completion Production Test Crossroads Drill Completion Production Completion Wolverine Drill Testing 19
Slide 20: Investment Case
Investment Case Profitable, production and development Company, operating onshore UK and USA focused on growth projects • Proven operational success in UK and USA • Successful strategic US entry in 2024, providing organic growth from four discoveries and Mineral Royalties portfolio • USA three onsho
Slide 21: Capital Structure
Capital Structure Market cap £10 Million Shares outstanding 112.9 Million Shares held in Treasury 6.3 Million Warrants – Options 2.6 Million Fully diluted 115.5 Million Debt – 52 week trading range 20p – 8.42p 21
Slide 22: Experienced Team
Experienced Team David Bramhill – Executive Chairman With over 40 years in the natural resources industry, David has directed and managed several energy companies and has previously consulted as an engineer on projects for Shell, Exxon Mobil, Petrofina, BP, and multiple other international energy co
Slide 23: 6 Charlotte Street Bath BA1 2NE
6 Charlotte Street Telephone: + 44 (0) 1225 428139 4th Floor Email: Jonathan.Paterson@harbor-access.com Bath Email: info@unionjackoil.com 107 Elm Street Telephone: +1 475 477 9402 BA1 2NE Website: www.unionjackoil.com Stamford, Website: www.harbor-access.com England Connecticut, 06902, : @harboracce