Egdon Resources plc announced “significant potential” from analysis of the downhole hole pressure data of the Wressle-1 well, East Yorkshire. POTENTIAL Independent energy consultancy ERCE conducted the interpretation on behalf of project partners Egdon (operator – 30%), Europa Oil & Gas (Holdings) plc (30%) and Union Jack Oil (40%). Egdon said in a statement that […]
Tag: Union Jack Oil plc
West Newton analysis shows potential ‘significant’ hydrocarbons
Investment company Reabold Resources plc said that an initial analysis of an extended well test (EWT) showed potential for “significant hydrocarbon” production at the West Newton joint venture project in East Yorkshire. EWT Operator Rathlin Energy Ltd conducted the EWT in Q4 2021 and commissioned RPS Group to produce a review assessing the potential of […]
Union Jack reaches £2m revenue from Wressle
Union Jack Oil plc (UJO) announced it had gained landmark net revenues from the Wressle hydrocarbon development in North Lincolnshire. PRODUCTION The joint venture within PEDL180 and PEDL182 comprises operator Egdon Resources plc (30%), UJO (40%) and Europa Oil & Gas Holdings plc (30%). UJO said that since the re-start of production on 19 August […]
Egdon plans rejected for side-track at Biscathorpe
Egdon Resources plc has been refused planning permission for a side-track drilling operation, associated testing and long-term oil production at the Biscathorpe site (PEDL253) in Lincolnshire. OPTIONS The county council’s planning committee rejection is against the council’s planning officers recommendation to approve the operator’s plans. The project’s joint venture partner Union Jack Oil plc (45%) […]
Union Jack nets £1m revenue from Wressle
Union Jack Oil plc said it had generated US$1 million net revenues since production restarted during August from the Wressle hydrocarbon development in North Lincolnshire. PRODUCTION The company added that the current daily production figures were far in excess of the targeted 500 barrels of oil per day from the Ashover Grit reservoir. The well […]
West Newton-A plans refused for six further wells
The West Newton joint venture (JV) has today had its plans for six more wells refused by East Riding of Yorkshire Council. RECOMMENDATION The partners had hoped to treble the site from two existing wells, WN-A and WN-A2, to drill and produce oil over a period of 25 years. A public consultation was held earlier […]