Union Jack Oil PLC North Kelsey Planning Update (3048K)
April 09 2018 - 8:43AM
UK Regulatory
TIDMUJO
RNS Number : 3048K
Union Jack Oil PLC
09 April 2018
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
9 April 2018
Union Jack Oil plc
("Union Jack" or the "Company")
North Kelsey Planning Update
Union Jack Oil plc ("Union Jack" or the "Company"), a
UK-focused, onshore oil and gas production and exploration company
notes the announcement released today by Egdon Resources plc
("Egdon"), in respect of PEDL241, where Union Jack holds a 20%
interest. Egdon included the following statements:
"Egdon Resources plc (AIM: EDR) advises that its application to
extend to December 2020, the existing planning permission to drill
an exploratory conventional oil well (North Kelsey-1) on farmland
off Smithfield Road, North Kelsey, Brigg, Lincolnshire was deferred
at today's meeting of the Lincolnshire County Council Planning
Committee. A decision will be taken once the Planning Committee has
undertaken a site visit.
Commenting on the meeting outcome, Mark Abbott, Managing
Director of Egdon Resources plc, said:
"Today's deferral is frustrating given the strong case presented
and the positive recommendation of Lincolnshire County Council's
Planning Officer in respect of the application. We will provide an
update once we know when Egdon's application will be heard at
Lincolnshire County Council's Planning Committee Meeting.""
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
Lindsay Mair
Richard Hail
This information is provided by RNS
The company news service from the London Stock Exchange
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