David Bramhill on the High-Impact Potential of the West Newton Drilling Project | David Bramhill, Executive Chairman, Union Jack Oil Plc. 00:10:00
David Bramhill, Executive Chairman of Union Jack Oil, discusses the high-impact opportunity presented by the ongoing West Newton drilling project. Union Jack holds a 16.665% interest in PEDL183, where the West Newton A-1 gas discovery boasts a gross Best Estimate Contingent Resource of 189 billion cubic feet of gas equivalent within the Kirkham Abbey Shoal formation. The project also holds substantial upside potential with the Cadeby Reef formation, which has a gross Best Estimate Prospective Resource of 79.1 million barrels of oil equivalent.
