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Union Jack Oil Plc (LON:UJO) has been reiterated to Buy in a report by SP Angel earlier today.

Yesterday Union Jack Oil Plc (LON:UJO) traded -5.41% lower at 0.18GBX. The company’s 50-day moving average is 0.16GBX and its 200-day moving average is 0.15GBX. The last stock close price is up 17.37% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 1,683,995 shares of the stock were exchanged, down from an average trading volume of 7,999,290

SP Angel has reiterated Union Jack Oil Plc (LON:UJO) to Buy in a report released on Thursday September 22, 2016.

Previously on 07/04/2016, SP Angel reported about Union Jack Oil Plc (LON:UJO) held steady the target price at 0.67GBX. At the time, this indicated a possible upside of 3.79%.

See Chart Below

Union Jack Oil Plc (LON:UJO)

Union Jack Oil Plc has a 52 week low of 0.10GBX and a 52 week high of 0.27GBX The company’s market cap is currently 0 GBX.

General Information About Union Jack Oil Plc (LON:UJO)

Union Jack Oil plc is an onshore oil and gas exploration and production company. The Company focuses on drilling, development, investment and production in the United Kingdom hydrocarbon sector. Its projects include Wressle, located on PEDL180; Burton on the Wolds, located on PEDL201; Biscathorpe, located on PEDL253, and North Kelsey located on PEDL241. It holds interest in PEDL180 located in Lincolnshire, on the Western margin of the Humber Basin and is on trend with the producing Crosby Warren oil field and the Brigg-1 oil discovery, which is situated to the immediate northwest and southeast of the license respectively. PEDL253 is located within the hydrocarbon fairway of the Humber Basin, on trend with the Saltfleetby gas field and the Keddington oil field, which produces oil from the Upper Carboniferous Westphalian aged reservoir sandstones. Its PEDL241 is located within the hydrocarbon fairway of the Humberside Platform. Its Keddington oilfield is located within PEDL005.

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