AJ Lucas Group Ltd (AJL) said that its partner Spirit Energy would retain its interests in the Bowland shale gas exploration licences in Lancashire. LICENCES The Bowland licence (PEDL165) covers 1,064km and surrounds the 54.5km Elswick licence (EXL269). The licences contain eight sites held by AJL including Roseacre Wood, Grange Hill, Anna’s Road, Becconsall, Preston New […]
Day: 15 November 2024
Union Jack reaches $7m revenue from Wressle
Union Jack Oil plc (UJO) said it had reached net revenues of $7,000,000 (£5.7m) from the Wressle hydrocarbon joint venture development in North Lincolnshire. JOINT VENTURE The company holds a 40% economic interest in the project, which lies in PEDL180 and PEDL182, along with operator Egdon Resources plc (30%) and Europa Oil & Gas (Holdings) […]