News Oil & Gas

West Newton-A plans refused for six further wells

Posted on Author editorial Comment(1)

The West Newton joint venture (JV) has today had its plans for six more wells refused by East Riding of Yorkshire Council.

Application: planning officers had recommended approval for the proposed expansion at West Newton (Union Jack Oil)

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 this year and, in their report, a planning officers recommended the proposal be approved.

The plans have been opposed by local residents, parish councils and campaigners.

The JV for PEDL183 comprises operator Rathlin Energy (UK) Ltd (66.67%), Reabold Resources plc (59% share in Rathlin and a 16.665% licence share) and Union Jack Oil plc (16.665%).

Related Articles
News Oil & Gas

Reabold signs equity exchange deal with Daybreak

Posted on Author editorial

Reabold Resources plc has signed a conditional equity exchange agreement with American OTC traded oil and gas operator, Daybreak Oil and Gas Inc, with assets in California. TRANSACTION The transaction will see the investment company become a major shareholder of Daybreak through the issue of new Daybreak shares to Reabold. In exchange, Daybreak will acquire […]
Company Moves Exploration & Mining News

Altus appoints Mark Campbell as NE chairman of Egyptian subsidiary

Posted on Author editorial

Altus Strategies plc has appointed Mark Campbell as non-executive chairman and director of the company’s 100% owned subsidiary Akh Gold Holdings Ltd. He has also been named general manager of the Egyptian branch, that is being incorporated, of the latter company’s 100% owned subsidiary Akh Gold Ltd. Mr Campbell is based in Cairo and has […]
Marine & Quarries News

Breedon sells assets to Tillicoultry Quarries to allow CEMEX deal

Posted on Author editorial

Breedon Group has agreed to sell certain assets to Tillicoultry Quarries Ltd for £12.2 million to allow its purchase of certain CEMEX UK assets. ASSETS The move addresses concerns by the Competition and Markets Authority (CMA) over Breedon’s deal with CEMEX UK, which the could substantially reduce competition in certain areas. The 14 sites include […]

One Reply to “West Newton-A plans refused for six further wells”

  1. Pingback: Rathlin to reduce number of oil wells at West Newton-A - Extractive Industries

Comments are closed.