Union Jack Oil, a USA and UK focused onshore oil and gas production, development and exploration company, notes media speculation regarding the planning permission for further development of the Wressle well site.  

The Company confirms that it is aware of a letter that has been addressed to North Lincolnshire Council, informing the Council of an intention to challenge its decision to grant planning permission for an extension to the Wressle well site, long term oil and gas production and construction of an associated pipeline at Wressle.

UJO remains focused on the continuing development of its flagship project, Wressle, where the Operator and partners have enterprising, near-term expansion planned.

The Board is of the opinion that, within Wressle, where planning consent is in place for further development, there remains significant material upside which will support the Company with revenues for at least another decade.

Union Jack holds a 40% interest in the Wressle development.

KeyFacts Energy: Union Jack Oil UK country profile