Finance News Oil & Gas

Union Jack secures £1m loan from Egdon

Union Jack Oil plc has agreed a £1 million secured term loan facility from Egdon Resources UK Ltd, operator of the Wressle joint venture oil field in North Lincolnshire. CONDITIONS Union Jack will use the funds as additional working capital for general corporate purposes. The company holds 40% of Wressle, which lies within PEDLs 180 […]