Several UK-based oil and gas juniors were on the move on Monday morning after it was revealed that a date has been set for an appeal against the refusal of planning consent on the Wressle oil field in North Lincolnshire. The asset’s operator and 30pc owner Egdon...
A raft of junior UK oil and gas stocks enjoyed a lift on Friday morning following a much-needed positive development at the Wressle oil discovery in the East Midlands. Egdon Resources (LSE:EDG), operator of the licence on which Wressle sits, said its application to...
Union Jack Oil (LSE:UJO) announced today the Wressle development has received a recommendation for approval (subject to Conditions) from North Lincolnshire Council’s Planning Officer. Union Jack hold a 27.5% working interest in Wressle alongside operator Egdon...
Union Jack Oil (UJO) is a junior oil play with a sizeable portfolio of UK onshore license interests including a 10% share of the revenue-generating Keddington field. News is expected in the coming days, which could trigger a value event in the stock. Much of its...