07:08 AM EDT, 10/29/2026 (MT Newswires) -- Union Jack Oil's (UJO.L) board is carrying out a "detailed review" of the company's entire asset portfolio as part of its new capital deployment strategy. The oil and gas company said Thursday that it will only invest in projects that are "demonstrably accretive to shareholder value." It added that it is in talks with partners regarding certain interests and a potential portfolio rebalancing. The review is expected to be completed in the fourth quarter.

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