Union Jack Oil plc said it was in sound financial health and on course to becoming a significant principally onshore mid-tier UK oil and gas producer. In its financial results for for the year ended 31 December 2020, the company reported increased revenue of £158,004 (2019: £136,959) from production income at Keddington and the Fiskerton […]
Tag: Union Jack Oil plc
Wressle JV expects proppant squeeze to improve cash flow
Egdon Resources plc announced it had received approval to start the proppant squeeze operation at the Wressle oil field development in North Lincolnshire. OPTIMISATION The operator holds a 30% operated interest in licences PEDL180 and PEDL182 with joint venture partners Europa Oil & Gas (Holdings) plc (30% working interest) and Union Jack Oil plc (40%). […]
West Newton JV orders CPR for oil and gas wells
The joint venture (JV) partners at the West Newton oil and gas discoveries have ordered a competent person’s report (CPR) for WNA-1, WNA-2 and WNB-1Z wells in the East Riding of Yorkshire. Gaffney, Cline & Associates Limited will carry out the CPR following completion of the imminent well testing programme of the WNB-1Z and WNA-2 […]
West Newton JV nears flow testing of WNB-1Z sidetrack well
The joint venture partners have ended the current phase of operations ahead of flow testing the West Newton B-1Z (WNB-1Z) sidetrack well near Hull in East Yorkshire. During December 2020, WNB-1Z encountered a gross 62 metre thick hydrocarbon bearing reservoir interval in the primary Kirkham Abbey target formation. The JV today said that the cased […]
West Newton JV to start WNB-1Z evaluation
The joint venture partners at West Newton announced that the first phase of evaluation will begin in April of sidetrack well WNB-1Z at the site near Hull in the East Riding of Yorkshire. The evaluation will include a cased hole logging programme (CHLP) and a vertical seismic profiling survey. The JV comprises Reabold Resources plc […]
Rathlin starts West Newton-A public consultation
Rathlin Energy (UK) Ltd has started a virtual public consultation on the planned West Newton A (WN-A) hydrocarbon field near Hull in East Yorkshire. PROGRAMME The PEDL 183 licence contains the West Newton A-1 (WN-A1) discovery well, the A-2 appraisal well, along with the recently drilled B-1Z discovery. Drill results in December 2020 revealed that […]