Union Jack eyes Oklahoma as part of US expansion plans
COPConocoPhillips(COP) Proactive Investors·2024-01-29 17:54

Union Jack Oil PLC (AIM:UJO), the UK-based exploration and production company, is set to expand its operations into the United States through a strategic alliance with Reach Oil & Gas Inc. This partnership will primarily focus on numerous drilling and production ventures in Oklahoma, recognized as one of the top hydrocarbon-producing regions in the US, Encompassing exploration, drilling, development, and potential production, the collaboration is nearing completion with joint venture agreements. Chairman Da ...