Union Jack Oil PlcLSE: UJO

Response to Media Speculation

· Issued by Union Jack Oil Plc

17 October 2024

UNION JACK OIL PLC

("Union Jack" or the "Company")

Response to Media Speculation

Union Jack Oil plc (AIM: UJO and OTCQB: UJOGF), a USA and UK focused onshore oil and gas production, development and exploration company, notes media speculation regarding the planning permission for further development of the Wressle well site.  

The Company confirms that it is aware of a letter that has been addressed to North Lincolnshire Council (the "Council"), informing the Council of an intention to challenge its decision to grant planning permission for an extension to the Wressle well site, long term oil and gas production and construction of an associated pipeline at Wressle (see announcement dated 16 September 2024).

Union Jack holds a 40% interest in the Wressle development.

A further announcement will be made when appropriate.

For further information please contact the following:

Union Jack Oil plc

info@unionjackoil.com

David Bramhill

SP Angel Corporate Finance LLP

 +44 (0)20 3470 0470

Nominated Adviser and Joint Broker

Matthew Johnson

Richard Hail

Caroline Rowe

Shore Capital

+44 (0)20 7408 4090

Joint Broker

Toby Gibbs

Harry Davies-Ball

Gneiss Energy Limited

+44 (0)20 9263 3983

Financial Adviser

Jon Fitzpatrick

Paul Weidman

Harbor Access

 +1 (475) 477 9402

USA Investor Relations

Jonathan Paterson