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Union Jack Oil looks forward to fair hearing over Wressle

If approved, Wressle's development would significantly boost UJO's onshore UK production base.

oil and gas operations
The new public inquiry is expected to run for five days

Union Jack Oil PLC’s (LON:UJO) executive chairman David Bramhill said he is looking forward to a fair hearing over the Wressle oil field project, which was previously denied planning permission.

It has been confirmed that a public inquiry will take place in November to hear an appeal against North Lincolnshire council’s denial of planning permission to the Wressle field.

The new hearing is expected to start on 5 November and will last around 5 days.

READ: Union Jack Oil kicks off West Newton exploration well

"We are pleased that a date has now been set for the planning enquiry and we echo Egdon's sentiments that an independent professional planning inspector is best equipped to make a balanced decision with regard to the development of Wressle,” Bramhill said.

"Given the positive endorsement by the council's own planning officer, which was reinforced by an expert third party review carried out by the council, we believe our appeal and the case for approving the Wressle development are strong and we look forward to receiving a fair hearing."

Quick facts: Union Jack Oil PLC

Price: 0.1725 GBX

AIM:UJO
Market: AIM
Market Cap: £20.89 m
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