Union Jack Oil PLC - Positive Decision for EWT at West Newton
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("Union Jack" or the "Company")
Positive Decision for Extended Well Test at West Newton
PEDL183 is located onshore, north of the river Humber in
Rathlin, Operator of PEDL183, on
This variation will allow Rathlin to use mechanical methods (pumpjack/nodding donkey) for lifting wellbore fluids and for the utilisation of a smaller incineration unit during the testing of the
During drilling and early testing operations of the
Testing operations at West Newton will recommence once government guidance pertaining to COVID-19 permits, the required personnel and equipment become available, and the health and continued safety of Rathlin employees, contract personnel and the community can be ensured.
Executive Chairman of Union Jack,
"We are also seeing excellent progress with regards initial works at the West Newton B site.
"Combined with the ongoing Wressle development project where "first oil" is anticipated in H2 2020, Union Jack is in an excellent position from both a corporate and financial situation, where we are fully funded for our drilling and development commitments during 2020".
For further information, please contact:
Nominated Adviser and Broker
This information is provided by RNS, the news service of the
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