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Share Price: 18.00

Bid: 17.50

Ask: 18.50

Change: 0.00 (0.00%)

Spread: 1.00 (5.714%)

Open: 18.00

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Union Jack, Europa O&G note Egdon update on Wressle future plans

Wed, 29th Nov 2023 17:20

(Alliance News) - Union Jack Oil PLC and Europa Oil & Gas Holdings PLC on Wednesday both noted Egdon Resources UK Ltd's community update on the Wressle oilfield development in North Lincolnshire, including PEDL180 and PEDL182 assets.

Union Jack has a 40% economic interest in both assets, while Europa O&G has 30%, as does Egdon Resources PLC.

Both Union Jack and Europa O&G said Egdon Resources provided an update on Wressle to the local community on new plans for the oil development. This includes a consultation, which is now live online and available until December 24, allowing the local community to provide feedback on its proposals.

Shares in Union Jack were down 1.3% to 19.00 pence each in London on Wednesday afternoon, while Europa O&G shares were up 2.0% to 1.00p each.

By Greg Rosenvinge, Alliance News senior reporter

Comments and questions to newsroom@alliancenews.com

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Latest Share Chat

Union Jack Share News (UJO)

Share Price Information for Union Jack (UJO)

Union Jack, Europa O&G note Egdon update on Wressle future plans

Earnings, Trading Statements Calendar - Week Ahead

Egdon Resources And Union Jack Oil Plug And Abandon Lincolnshire Well

Union Jack announces start of drilling at Laughton

Egdon, Union Jack Begin Drilling Laughton Well In Lincolnshire

Egdon Resources Says Keddington-5 Well Suspended For Future Testing

Union Jack Oil inks farm-in deal with Egdon Resources

Egdon, Union Jack, Cairn Start Drilling In Search For 500,000 Barrels

2nd UPDATE: UK Begins Fracking Push As New Onshore Licences Awarded

Egdon Resources Annual Loss Widens After Missing Guidance

Union Jack Oil raises GBP800,000 through share placing

Union Jack Raises GBP800,000 For Back Portfolio Expansion Plans (ALLISS)

Egdon, Europa, Union Jack To Get 500 Barrels A Day From Ashover Grit

Union Jack Oil well positioned to seize on 'dislocation' in oil and gas industry

Union Jack Oil First Half Loss Widens As UK Portfolio Progresses

Union Jack Completes Keddington Field Farm-In Deal With Egdon

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