Union Jack Oil says Crossroads well has spud

Union Jack Oil PLC (AIM:UJO, OTCQB:UJOGF, FRA:1UJ0) said drilling has started at the Crossroads Well in Oklahoma, putting the AIM-quoted explorer on a short timeline to the next operational readout from its US portfolio. The small-cap oil and gas company said it had been informed by operator Reach Oil and Gas that the well was spudded on 5 May 2026.