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Energy

North Lincolnshire Council to 'Wressle' with oil field planning application next week

An earlier application was rejected. The current proposal has the backing of the local authority’s planning department.

Proactive

The new planning application for the Wressle onshore oil field will be considered by North Lincolnshire County Council’s Planning Committee on Monday (July 3).

The current proposal has the backing of the local authority’s planning department.

Wressle, a significant onshore find, is operated by Egdon Resources Plc (LON:EDG), which owns 25% of the company.

The other major shareholders are Europa Oil & Gas (LON:EOG), which has 30%, Celtique Energie Petroleum, also with 30%, and Union Jack Oil & Gas, which holds 15% (LON:UJO).