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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Union Jack Oil PLC's (LON:UJO) David Bramhill discusses with Proactive London's Andrew Scott the findings of a new assessment of the Biscathorpe project including an economic review which has found it's a financially robust project at current oil prices. It confirms the value of Westphalian,...
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