Reach - Non-regulatory

29 November 2023

Union Jack Oil plc

("Union Jack" or the "Company")

Wressle Operator Community Update

Union Jack Oil plc (AIM:UJO), a UK focused onshore hydrocarbon production, development and exploration company, notes the update provided to the local community on 28 November 2023, in respect of the future plans for the Wressle development (PEDL180 and PEDL182), provided by the Operator, Egdon Resources UK Limited ("Egdon").

For more information, including a copy of the presentation materials, please see ​the dedicated Community web page, which can be accessed here: https://www.egdon-resources.com/.

Union Jack holds a 40% economic interest in PEDL180 and PEDL182.

For further information, please contact:

Union Jack Oil plc                                                    [email protected]

David Bramhill

SP Angel Corporate Finance LLP                        +44 (0)20 3470 0470

Nominated Adviser and Broker

Matthew Johnson

Richard Hail

Kasia Brzozowska

Shore Capital Stockbrokers Limited                 +44 (0)20 7408 4090

Joint Broker

Toby Gibbs

Iain Sexton