First oil flow was today announced by the joint venture partners at Wressle in North Lincolnshire. The oil field lies in licences PEDL180 and PEDL182 and is operated by Egdon Resources plc (30% interest) with other partners being Union Jack Oil plc (40%) and Europa Oil & Gas plc (30%). The news follows the recompletion of […]
Tag: Union Jack Oil
Rathlin to store up to 490t of crude oil at West Newton
Rathlin Energy (UK) Ltd announced it expected to store up to 490 tonnes of crude at its West Newton PEDL183 joint venture hydrocarbon site near Hull, East Riding. PHASES The company is due to begin a public consultation over the coming months after the East Riding of Yorkshire Council’s screening opinion earlier this month considered […]
West Newton B-1Z oil drill surpasses expectations
The West Newton joint venture reported drill results exceeding expectations, suggesting the site could be the largest UK onshore hydrocarbon discovery since the 1970s. JOINT VENTURE Rathlin Energy UK (Ltd) has a 66.67% interest in PEDL183, and Reabold Resources plc investment company has a 59% share in Rathlin and a 16.665% direct licence share. Union […]
Wressle JV defers work to 2021 and agrees £1m loan
The joint venture at Wressle oil field has deferred workover operations and final commissioning until January 2021, and partner Union Jack Oil has loaned operator Egdon Resources £1 million. The North Lincolnshire oil site lies within Licences PEDL180 and PEDL182. The JV includes UJO (40%) and the operator Egdon Resources (30%), Europa Oil & Gas […]
West Newton joint venture reports mixed drill results
Onshore hydrocarbon exploration operator Rathlin Energy reported mixed results from drilling the onshore WNB-1 well in West Newton, East Yorkshire. The company began drilling in October and reached a depth of 2,295 metres, aiming to encounter the primary and secondary objectives of the Kirkham Abbey and Cadeby formations. Rathlin said that the Kirkham Abbey formation […]
Egdon to submit plans for new well at Biscathorpe
Egdon Resources plc said it would apply for planning permission before the end of February 2021 for a new oil well at Biscathorpe in Lincolnshire. SIDE-TRACK The operating company has a 35.8% interest in PEDL253 and its joint venture partners include Union Jack Oil (30%). Egdon said that accessible drilling target areas had been identified, […]