Joint venture partners Union Jack Oil PLC (AIM:UJO, OTCQB:UJOGF) and Reabold Resources PLC (AIM:RBD) said they are awaiting the green light from the Environment Agency for their proposed work programme at the West Newton gas development project, in Yorkshire.
Once received, they will advance the plan to recomplete the West Newton A-2 well.
The work seeks to remedy well bore damage incurred during previous drilling.
Union Jack noted that it is fully funded for the programme.
The project still needs approval from the North Sea Transition Authority and the Environment Agency permit.
Union Jack holds a 16.665% interest in the project.