Union Jack Oil PLC (LON:UJO) executive chairman David Bramhill described himself “very pleased” as the Wressle project received a one year extension to existing planning approvals.
The award extends access to the project until 24 January 2020.
It means that Union Jack and its partners have sufficient time to reach a determination in its appeal against planning refusals for the proposed oil field development at Wressle.
WATCH: Union Jack Oil welcomes one-year planning extension for Wressle
Previously an application to extend existing approvals was denied by North Lincolnshire Council’s Planning Committee though it had been recommended by the same council’s planning officer. The extension was granted by the UK planning inspector, on appeal.
The planning inspector will also rule on the appeal for the field development application.
Bramhill, in a statement, said: “we now look forward to the planning inspector considering at a future public enquiry an appeal against the further refusal by the council on the 28 November 2018 of the revised development proposals for Wressle.
“The operator plans to submit the initial appeal documentation for Wressle in the coming week.
"We also believe the new proposals for Wressle comprehensively addressed the reasons highlighted by the planning inspector in his original dismissal of the development appeals in January 2018.
“This position was supported by the recommendation for approval given by the council's planning officer, also reinforced by an expert third party review undertaken on behalf of the council."
Egdon Resources is the operator of the Wressle field.with a 30% stake. Europa Oil & Gas also has 30%, while Union Jack owns 27.5% and Humber Oil 12.5%.