Union Jack Oil plc announce, further to the Company's announcement dated 6 February 2024, that it has signed a further two farm-in agreements with Reach Oil & Gas Company Inc. ("Reach"). The first agreement is to acquire a 75% working interest in a well planned to be drilled in Third Quarter 2024, to test the Footwall Fold Prospect in the Wilzetta Fault play ("the Prospect") and in an area of associated interest. The second agreement is to acquire a 37.5% working interest in a 2D and 3D seismic acquisition programme to identify additional drillable prospects along the Wilzetta Fault, located in Pottawatomie and Lincoln Counties, Oklahoma, USA.

The 2D and 3D seismic acquisition programme is designed to identify further prospects along the Wilzetta Fault. Additional areas of probable compression have been identified. The exploration strategy developed by Reach is to confirm areas of compression using 2D seismic data and follow on with 3D seismic where appropriate.

The areas identified for surveying appear to have been neglected due to the difficult terrain for seismic acquisition. Reach's equipment, supplied by UK based, Stryde Limited, allows for cost effective and efficient seismic acquisition.