Union Jack Oil — West Newton Gas to Compute Feasibility Study

(LSE:UJO) Union Jack Oil announced that Reabold has completed the Stage 1 feasibility study for an integrated gas-to-power and co-located data centre at the West Newton site. Union Jack Oil holds a 16.665% working interest in the West Newton project. The completion of the Stage 1 feasibility study is described as a material operational milestone for the project. The study is expected to de-risk the project and could support its progression to development and monetisation. No revenue, profit, cash, debt figures, cost estimates, or timetable were disclosed in the announcement. The announcement did not provide further details on the technical or financial outcomes of the feasibility study. No additional information was given regarding the next steps or required approvals for the project. The announcement did not include any executive quotes or statements from company management. No counterparties, agencies, or courts were mentioned in the announcement. The announcement did not specify any license, permit, or court-case identifiers. No production, reserves, or operational figures beyond the working interest were disclosed. The announcement did not mention any locations by name. No information was provided regarding project partners or other stakeholders. The announcement did not disclose any contract terms or financial arrangements related to the project. No additional projects, assets, or wells were referenced in the announcement.