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Wressle Planning Appeal Update

29 Apr 2019 07:00

RNS Number : 3100X
Union Jack Oil PLC
29 April 2019
 

Market Abuse Regulation (MAR) Disclosure

Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement

 

29 April 2019

 

Union Jack Oil plc

("Union Jack" or the "Company")

Wressle Planning Enquiry Update

Union Jack Oil plc (AIM: UJO), a UK focused on-shore hydrocarbon production, development and exploration company notes the announcement made today by Egdon Resources plc ("Egdon"), in respect of the Wressle planning enquiry which has now been scheduled to commence on 5 November 2019. Union Jack holds a 27.5% interest in PEDLs 180/182 containing the Wressle oil discovery. Egdon included the following statements:

Egdon Resources plc (AIM: EDR) advises that the Planning Inspectorate has now set the start date of the planning inquiry to hear the Company's appeal against the refusal of planning consent for the development of the Wressle oil field by North Lincolnshire Council's Planning Committee on 28 November 2018. The public inquiry will commence on 5 November 2019 with the hearing expected to last up to six days at a venue which has yet to be confirmed. The Planning Inspector will be Mr. Phillip Ware.

Mark Abbott, Managing Director of Egdon Resources plc, said:

"We look forward to a QC presenting our case for the planning merits of the Wressle development to an independent professional Planning Inspector away from the influence of local politics. We believe that we have a very strong case, supported by detailed evidence and agree with the conclusions of the Council's own professional planning officer, as reinforced by an expert third party review undertaken on behalf of the Council, who recommended our revised application for approval ahead of the November 2018 decision."

David Bramhill, Executive Chairman of Union Jack, commented:

"We are pleased that a date has now been set for the planning enquiry and we echo Egdon's sentiments that an independent professional Planning Inspector is best equipped to make a balanced decision with regard to the development of Wressle.

"Given the positive endorsement by the Council's own Planning Officer, which was reinforced by an expert third party review carried out by the Council, we believe our appeal and the case for approving the Wressle development are strong and we look forward to receiving a fair hearing."

 

For further information, please contact:

 

Union Jack Oil plc

+44 (0)7787 160 682

David Bramhill

SP Angel Corporate Finance LLP

+44 (0)20 3470 0470

Nominated Adviser

Lindsay Mair

Richard Hail

Cassiopeia Services Ltd

+44 (0)7949 690 338

Public Relations

Stefania Barbaglio

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
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Date   Source Headline
1st Jun 20237:00 amRNSTransaction in Own Shares
31st May 20237:00 amRNSFORM 8.3 - Egdon Resources PLC
31st May 20237:00 amRNSTransaction in Own Shares
26th May 20237:00 amRNSTransaction in Own Shares
25th May 20237:00 amRNSTransaction in Own Shares
16th May 20237:00 amRNSTransaction in Own Shares
15th May 20237:00 amRNSFinal Results for the Year Ended 31 December 2022
10th May 20237:00 amRNSUS$15m Net Revenues Landmark Reached at Wressle
4th May 20237:00 amRNSSale of Interest in the Claymore Royalty Agreement
28th Apr 20237:00 amRNSAnnouncement by Reabold Resources PLC on PEDL183
24th Apr 20237:00 amRNSJoint Venture Partner Project Updates
3rd Apr 202310:24 amRNSTotal Voting Rights
31st Mar 20237:00 amRNSTransaction in Own Shares
28th Mar 20237:00 amRNSInterim Dividend Declared
27th Mar 20237:00 amRNSUS$14m Net Revenues Landmark Reached at Wressle
24th Mar 20237:00 amRNSTransaction in Own Shares
23rd Mar 20237:00 amRNSTransaction in Own Shares
22nd Mar 20237:00 amRNSTransaction in Own Shares
21st Mar 20237:00 amRNSTransaction in Own Shares
16th Mar 20237:00 amRNSWressle Update - Community Liaison Group Meeting
1st Mar 20237:00 amRNSTransaction in Own Shares
28th Feb 20237:00 amRNSTotal Voting Rights
23rd Feb 20237:00 amRNSTransaction in Own Shares
22nd Feb 20237:00 amRNSTransaction in Own Shares
21st Feb 20237:00 amRNSTransaction in Own Shares
16th Feb 20237:00 amRNSTransaction in Own Shares
6th Feb 20237:00 amRNSUS$13m Net Revenues Landmark Reached at Wressle
2nd Feb 20237:00 amRNSTransaction in Own Shares
31st Jan 20235:11 pmRNSTotal Voting Rights
31st Jan 20237:00 amRNSTransaction in Own Shares
25th Jan 20237:00 amRNSTransaction in Own Shares
17th Jan 20237:00 amRNSOperational Update
12th Jan 20237:00 amRNSTransaction in Own Shares
11th Jan 20237:00 amRNSTransaction in Own Shares
9th Jan 20237:00 amRNSTransaction in Own Shares
5th Jan 20237:00 amRNSTransaction in Own Shares
4th Jan 20237:00 amRNSUS$12m Net Revenues Landmark Reached at Wressle
30th Dec 20227:00 amRNSTotal Voting Rights
14th Dec 20227:00 amRNSTransaction in Own Shares
8th Dec 20227:00 amRNSTransaction in Own Shares
7th Dec 20227:00 amRNSTransaction in Own Shares
30th Nov 20227:00 amRNSTotal Voting Rights
22nd Nov 20227:00 amRNSTransaction in Own Shares
14th Nov 20227:00 amRNSUS$11m Net Revenues Landmark Reached at Wressle
8th Nov 20227:00 amRNSProject Operational Update
1st Nov 20227:00 amRNSTransaction in Own Shares
31st Oct 20227:00 amRNSTotal Voting Rights
28th Oct 20227:00 amRNSTransaction in Own Shares
25th Oct 202211:05 amRNSSecond Price Monitoring Extn
25th Oct 202211:00 amRNSPrice Monitoring Extension

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