Union Jack reaches $18m revenue since Wressle restart
(Sharecast News) - Union Jack Oil reported significant net revenues exceeding $18m from the Wressle hydrocarbon development on Monday.
Read moreWed, 13th May 2020 12:13
(Sharecast News) - Union Jack Oil reported significant net revenues exceeding $18m from the Wressle hydrocarbon development on Monday.
Read more(Alliance News) - Union Jack Oil PLC and Europa Oil & Gas Holdings PLC on Tuesday said an independent assessment has increased the oil reserves of their licences at the Wressle field onshore in Lincolnshire, England.
Read more(Alliance News) - Europa Oil & Gas Holdings PLC and Union Jack Oil PLC on Tuesday said that production had increased at the UK onshore Wressle-1 well.
Read more(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.
Read moreUnion Jack Oil PLC - UK-focused onshore hydrocarbon production, development, and exploration company - Wressle-1 well has been brought back into production following installation of a downhole jet pump. "Since production resumed, flow-rates in excess of 950 barrels of oil per day have been recorded. The well is now on continuous 24-hour production and is still cleaning up. Export and sale of oil has recommenced," Union Jack says. The firm owns a 40% interest in the asset. Europa Oil & Gas Holdings PLC, with a 30% stake, also notes the development.
Read more(Sharecast News) - Union Jack Oil announced a favourable decision from the Planning Inspectorate regarding its appeal for planning permission at the Biscathorpe-2 well site in Lincolnshire on Monday.
Read more(Alliance News) - Europa Oil & Gas Holdings PLC and Union Jack Oil PLC on Wednesday announced
Read more(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:
Read more(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday.
Read more(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:
Read more(Alliance News) - Union Jack Oil PLC on Monday said its profit, revenue and earnings decreased in its latest half year, but that its balance sheet is "robust" and the future "remains bright."
Read more(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:
Read more(Alliance News) - Egdon Resources PLC, Europa Oil & Gas Holdings PLC and Union Jack Oil PLC on Thursday said the Wressle 1 well in Liconolnshire, England has begun to produce a small amount of water, accounting for 3.7% of the total production fluid for July.
Read moreUnion Jack Oil PLC - Bath, England-based UK-focused onshore hydrocarbon production, development, and exploration company - Reports its material landmark net revenues is in excess of USD16 million in the Wressle hydrocarbon development located in North Lincolnshire, since production recommenced in August 2021. Union Jack Oil has a 40% economic interest in this development. Says oil production stable at 780 barrels per day, compared to 750 barrels on June 20, 2022.
Read moreEgdon Resources PLC - Gloucestershire, England-based oil and gas explorer and producer - Withdraws planning appeals related to the refusal of planning consent for exploratory drilling at its North Kelsey oil sight in Lincolnshire. Says the decision comes about following advice from a planning inspector. Last year, Lincolnshire County Council refused Egdon's right to extend the timeframe of an existing planning and drilling permit at North Kelsey. A hearing was due to take place next week to determine whether the council was right to refuse planning permission. A new planning application for consideration by the council will be submitted by Egdon, as well as recently updated traffic, ecology and flood risk assessments. Union Jack Oil PLC, Bath-based, hydrocarbon production, development and exploration company which holds a 50% stake in the licence, notes Egdon's announcement. Together, they hold the PEDL241 joint venture, where North Kelsey is situated.
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