Union Jack Oil reports new well success in Oklahoma
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Union Jack Oil has successfully completed the drilling of the Taylor 1-16 well in Oklahoma, confirming it as hydrocarbon-bearing. The well reached a total depth of 4,577 feet, encountering the Hunton Limestone zone.
November 26, 2024 | 8:15 am
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Union Jack Oil has successfully drilled the Taylor 1-16 well in Oklahoma, confirming it as hydrocarbon-bearing, which could positively impact the company's stock.
The successful drilling and confirmation of hydrocarbons in the Taylor 1-16 well is a positive development for Union Jack Oil, likely to boost investor confidence and potentially increase the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100