Europa Oil & Gas (Holdings) plc, the UK and Ireland focussed oil and gas exploration, development and production company, notes today’s update from Egdon Resources (‘Egdon’) which advises that its application to North Lincolnshire Council (‘NLC’) to extend planning consent for the Wressle site on PEDL 180 in the East Midlands (‘the Application’) was refused.

Europa notes that the board of Egdon intends to appeal this decision without delay and will begin preparing documentation on receipt of the Committee’s decision notice.

Europa has a 30% working interest in Wressle alongside Egdon (operator, 30%), Union Jack Oil (27.5%), and Humber Oil & Gas Limited (12.5%) (‘the Joint Venture partners’).

Europa's CEO, Hugh Mackay, said: 
“It is disappointing to note today’s decision by the NLC, particularly when considering that this application had received support from North Lincolnshire County Council’s planning officers. The board of Egdon has been forthright in its intention to appeal this decision and we will stand by for further updates in due course.

“Bringing Wressle on-stream would augment our current net daily production to approximately 250 bopd and generate a valuable revenue stream for reinvestment across our multi-stage portfolio of licences onshore UK and offshore Ireland. With this in mind, we remain hopeful of a resolution to the outstanding issues to ensure a satisfactory outcome for all parties.”