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 […]
Tag: Union Jack Oil plc
Wressle oil production rate increases with EA approval
Europa Oil & Gas (Holdings) plc said that pump and production rates had been increased with Environment Agency approval at the Wressle onshore joint venture. OPTIMISE Partners in PEDL180/182 comprise Europa (30% economic interest) Union Jack Oil plc (40%) and operator Egdon Resources plc (30%). The EA permits allow the company to handle higher volumes […]
Two further production wells planned at Wressle
Two further production wells and a third to well to reinject any water produced with the oil are planned for the Wressle joint venture at Lodge Farm in Broughton, North Lincolnhire. PROPPANT SQUEEZE The first will target the Penistone Flags formation, primarily a gas reservoir, with produced gas exported into the local network via a […]
Wressle-1 resumes production with down-hole jet pump
The Wressle-1 well has been brought back into production at the joint venture within PEDL180/192 oil field in Lincolnshire. SALES Project partners comprise operator Egdon Energy plc (30%), Union Jack Oil plc (40%) and Europa Oil & Gas (Holdings) plc (30%). Union Jack and Europa said that the down-hole jet pump, installed in October, and […]
Biscathorpe JV wins appeal for side-track
Egdon Resources Ltd and its partners have won an appeal for side-track drilling operation, testing and long-term oil production at the Biscathorpe-2 well site in the Lincolnshire Wolds. POTENTIAL PEDL253 holders Union Jack Oil plc (45%), operator Egdon (35.8%) and Montrose Industries Ltd (19.2%) secured permission after Lincolnshire County Council last year rejected their application. […]
Down-hole jet pump installed at Wressle
A down-hole jet pump has been installed on Wressle-1 and the well recompleted in a successful workover before production resumes. FINAL STAGES The joint venture on PEDL180 and 182 comprise operator Egdon Resources plc (30%), Europa Oil & Gas (Holdings) plc (30%) and Union Jack Oil plc (40%). Union Jack and Europa today said that […]