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Sigh of relief from Union Jack Oil after Wressle re-submission

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.

Quick facts: Union Jack Oil PLC

Price: 0.145 GBX

AIM:UJO
Market: AIM
Market Cap: £28.73 m
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Union Jack Oil updates investors on Wressle field and West Newton

Union Jack Oil PLC's (LON:UJO) David Bramhill talks to Proactive London about the latest updates on Wressle field, in Lincolnshire as well as the ongoing drilling operation at the West Newton B-1 appraisal well project in East Yorkshire. Bramhill firstly starts with the Wressle field, news...

on 1/2/21

2 min read