Shares of Union Jack Oil PLC (LON:UJO) shot up 9.5% during trading on Thursday . The stock traded as high as GBX 0.10 ($0.00) and last traded at GBX 0.10 ($0.00). 21,991,960 shares changed hands during mid-day trading, an increase of 21% from the average session volume of 18,220,000 shares. The stock had previously closed at GBX 0.10 ($0.00).
Union Jack Oil Company Profile (LON:UJO)
Union Jack Oil plc operates as an onshore oil and gas exploration and production company in the United Kingdom. The company focuses on the investment in, drilling, development, and production of hydrocarbon projects. It holds 22% interests in the Biscathorpe prospect; 20% interests in the Keddington oilfield, Louth prospect, North Somercotes gas prospect, Louth Extension, Fiskerton Airfield oilfield, and North Kelsey prospect; 15% interests in the Wressle discovery and Broughton North prospect; 16.67% interests in the Dukes Wood and Kirklington oilfields; 10% interests in the Burton on the Wolds and Laughton prospects; and 7.5% interests in the Holmwood prospect located in the United Kingdom.
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