Union Jack Oil PLC Wressle Planning Appeal Update (9203K)
July 13 2017 - 1:00AM
UK Regulatory
TIDMUJO TIDMUJOP
RNS Number : 9203K
Union Jack Oil PLC
13 July 2017
Market Abuse Regulation (MAR) Disclosure
Certain information contained in this announcement would have
been deemed inside information for the purposes of Article 7 of
Regulation (EU) No 596/2014 until the release of this
announcement.
13 July 2017
UNION JACK OIL PLC
(AIM: UJO)
Wressle Planning Appeal Update
Union Jack Oil plc ("Union Jack" or the "Company"), a
UK-focused, onshore oil and gas exploration and production company,
today announces an update in respect of a Planning Appeal, made by
Egdon Resources plc ("Egdon"), the Operator, against the decision
of North Lincolnshire Council`s Planning Committee of 3 July 2013
to refuse planning consent for the second time for the development
of the Wressle Oil Field at Lodge Farm, Wressle, North Lincolnshire
(Application PA/2017/696).
Union Jack holds a 15% interest in PEDL180 and PEDL182
containing the Wressle discovery.
Notices advertising Egdon`s intent to appeal will be displayed
in the local parishes and published in the Scunthorpe Telegraph
over the coming week in accordance with planning law and an appeal
will be submitted without delay shortly after the notice period
ends.
Egdon will request the Planning Inspectorate to co-join this new
appeal with the appeal against the refusal of planning of 11
January 2017. The first appeal is currently scheduled for early
November 2017.
Egdon has also advised that it will separately appeal the
decision of the 3 July 2017 meeting to refuse application
PA/2017/268 which requested a twelve month extension to the
existing planning for the site. Egdon is awaiting the decision
notice from the North Lincolnshire Council in relation to this
application but will issue notices and submit an appeal once this
is received.
Executive Chairman of Union Jack, David Bramhill commented: "The
Company fully supports the appeal process being applied by the
Operator on behalf of itself and the partners in this significant
project, which comprise Union Jack, Europa Oil and Gas Limited
("Europa"), Celtique Energy Petroleum Limited and Upland Resources
Ltd, who have an agreement pending completion with Europa to
acquire an interest in the Wressle Oil Field.
Following a thorough and detailed consultation process, both
applications were recommended for approval by the North
Lincolnshire Council`s Head of Development Management and Building
Control and supported by several key statutory and regulatory
consultees.
In addition, the Environmental Permit for the proposed Wressle
development has been issued by the Environmental Agency since the
original decision in January of this year.
The first Planning Application submitted by Egdon met the
information thresholds of both the Planning Officer and the
Statutory Consultees.
The second application, which we believe addresses all the
planning concerns raised by the Planning Committee in their initial
refusal, post-dated the issue of the Environment Agency Permit and
satisfied all the conditions of the Planning Officer and Statutory
Consultees."
For further information, please contact:
Union Jack Oil plc +44 (0)7787 160 682
David Bramhill
SP Angel Corporate Finance
LLP +44 (0)20 3470 0470
Nominated Adviser and
Joint Broker
Lindsay Mair
Stephen Wong
Richard Hail
Turner Pope Investments
(TPI) Ltd +44 (0)20 3621 4120
Joint Broker
Ben Turner
James Pope
This information is provided by RNS
The company news service from the London Stock Exchange
END
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