viewUnion Jack Oil PLC

Union Jack Oil PLC - Wressle Development Appeal Granted

RNS Number : 2174A
Union Jack Oil PLC
17 January 2020

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


17 January 2020


Union Jack Oil plc

("Union Jack" or the "Company")

Wressle Development Granted Planning Consent on Appeal


Union Jack Oil plc (AIM: UJO), a UK focused onshore hydrocarbon production, development and exploration company is pleased to report that the Planning Inspectorate has today upheld the appeal and granted planning consent for the development of the Wressle Oil Field in North Lincolnshire licences PEDL180 and PEDL182.  Union Jack holds a 27.5% economic interest in PEDLs 180/182.

The Inspector also allowed the application for an award of costs against North Lincolnshire Council.


David Bramhill, Executive Chairman of Union Jack Oil plc, commented:

"The Board of Union Jack is delighted with this positive outcome.

"The operator will, on behalf of the Joint Venture partners, begin work on discharging the planning conditions and detailed planning for development of the Wressle Oil Field.

"Shareholders and the local community will be informed of developments in due course"


For further information, please contact:

Union Jack Oil plc

+44 (0)7801 540 358

David Bramhill


SP Angel Corporate Finance LLP

+44 (0)20 3470 0470

Nominated Adviser and Broker


Richard Morrison


Richard Hail


Stephen Wong


Blytheweigh Communications Limited

+44 (0)20 7138 3204

Financial PR


Tim Blythe


Megan Ray


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 [email protected] or visit www.rns.com.

Quick facts: Union Jack Oil PLC

Price: 0.2166

Market: AIM
Market Cap: £33.45 m

Create your account: sign up and get ahead on news and events


The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...



Sigh of relief from Union Jack Oil after Wressle re-submission

David Bramhill, executive chairman of Union Jack Oil PLC (LON:UJO), talks to Proactive's Andrew Scott after Egdon Resources Plc (LON:EDR), the operator of the Wressle project in which UJO and Europa Oil & Gas PLC (LON:EOG) have stakes, submitted a new planning application for the...

on 9/7/18