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 wells in PEDL183.
The licence contains West Newton A-1 (WNA-1) discovery well, the West Newton A-2 (WNA-2) appraisal well and the recently drilled WNB-1Z discovery.
During December 2020, WNB-1Z encountered a gross 62 metre thick hydrocarbon bearing reservoir interval in the primary Kirkham Abbey target formation.
The JV comprises Reabold Resources plc with 56% economic interest in West Newton via its 59% share in the site operator Rathlin Energy (UK) Ltd, which in turn holds 66.67% interest in PEDL183.
Reabold also has 16.665% direct interest in the licence and Union Jack Oil plc holds 16.665%.