David Bramhill, executive chairman of Union Jack Oil PLC (LON:UJO), talks to Proactive's Andrew Scott after Egdon Resources Plc (LON:EDR), the operator of the Wressle project in which UJO and Europa Oil & Gas PLC (LON:EOG) have stakes, submitted a new planning application for the development of the Lincolnshire oil field.
Egdon said the new application “comprehensively addresses” the reasons for the refusal of the original planning applications and subsequent appeals over the past year.
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Sam Wahab, SP Angel’s oil and gas analyst talks to Proactive about the prospects for Eco (Atlantic), Tullow Oil, Hurricane Energy and Union Jack Oil. Tullow (LON:TLW) needs to get back to explorations, which is what it does best says Wahab. Its cashflow needs also means it has to beef up...
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