Legal News Oil & Gas

Wressle JV expects wells consent to be quashed

The Wressle joint venture expects September’s local authority permission to be quashed for two new wells at the onshore Lincolnshire site. SCREENING North Lincolnshire Council informed the companies that, following legal opinion and the Supreme Court decision in June, it would not resist a proposed legal action to challenge the consent. The court ruled that applications […]

News Oil & Gas

Wressle 2P gross reserves increase 263% in new CPR

The Wressle onshore oil and gas joint venture reported a 263% increase in 2P gross reserves based a new competent person’s report. VINDICATION Partners comprise operator Egdon Resources UK Ltd (30%), Union Jack Oil plc (40%) and Europa Oil & Gas (Holdings) plc (30%). ERC Equipoise Ltd’s CPR is dated 31 December 2023 and compares […]