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Europa Oil & Gas says Wressle planning appeal case is “strong”

“The partners in the Licences believe the case for bringing Wressle into production is strong"
onshore drilling operation
The appeal against the first refusal is due in November

Europa Oil & Gas Holdings Plc (LON:EOG) has confirmed that an appeal is being made against a second refusal of planning permission for the Wressle field in North Lincolnshire.

The junior oil firm noted that project operator Egdon Resources had announced its intention to appeal the most recent decision by the North Lincolnshire Council planning committee.

It also noted Egdon’s guidance that notices advertising Egdon's intention to appeal will be displayed in the local parishes and published in the local paper over the coming week in accordance with planning law.  An appeal will be submitted without delay shortly afterwards.

An existing appeal, against the first planning refusal, is due early November and Egdon is expected to request that the second appeal is co-joined to the first appeal.

Hugh Mackay, Europa chief executive, in a statement said: “Following a comprehensive consultation and evaluation process, both applications to develop Wressle were recommended for approval by the Council’s Head of Development Management and Building Control, while an environmental permit from the Environment Agency for the proposed development of the site has already been issued. 

“The partners in the Licences believe the case for bringing Wressle into production is strong and we look forward to providing further updates on the appeal process in due course.”

Mackay also highlighted a separate potential catalyst for Europa’s shares, specifically relating to the explorer’s portfolio of assets offshore Ireland.

“We were pleased to note that Providence Resources has begun drilling operations on the Druid and Drombeg prospects in the South Porcupine Basin offshore Ireland,” he said.

“With the recent arrival of a number of major operators to the region, we believe this well will be the first of many to be drilled over the next few years. 

“Success at this or any other well in Atlantic Ireland will have positive read across for our industry-leading portfolio of licences offshore Ireland where we have already identified 32 prospects and leads in a diverse range of six play types and three basins across all seven of our licences.”

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