Skip to main content
The Markets by Proactive
Go to Proactive UK
Proactive UK has moved. Proactive’s coverage of London’s small caps continues on proactiveinvestors.com Go there →
Advertisement
The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
Go to Proactive UK
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
Advertisement
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

Oil & Gas

Union Jack and Egdon Resources appeal Biscathorpe planning decision

Biscathorpe lies within licence PEDL253 and is located in the South Humber Basin

Union Jack Oil and partner Egdon Resources have appealed the rejection of their planning application for a sidetrack well at the Biscathorpe site in Lincolnshire.

The junior had flagged an appeal would be made when the original application was rejected in February.

At that time, Union Jack said the decision to appeal was based on a review of the council’s decision notice.

Biscathorpe lies within licence PEDL253 and is located in the South Humber Basin ‘on trend’ with the Keddington oilfield and the Saltfleetby gas field.

Union Jack owns a 45% economic interest in Biscathorpe while Egdon Resources (35.8%) is the operator. Montrose Industries owns the remaining 19.2%.

The appeal also covers well testing and long-term oil production at the Biscathorpe site.

Egdon has said previously the proposals involved conventional drilling for oil and "for clarity the operations at the site will not involve the process of hydraulic “fracking” for shale gas".

"This area of Lincolnshire does not have the specific rock-formation types that contain shale gas."

Advertisement
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK