Union Jack Oil PLC West Newton Planning Update (6468T)
November 26 2021 - 01:00AM
UK Regulatory
TIDMUJO
RNS Number : 6468T
Union Jack Oil PLC
26 November 2021
This announcement contains inside information for the purposes
of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it
forms part of UK domestic law by virtue of the European Union
(Withdrawal) Act 2018 ("MAR"), and is disclosed in accordance with
the Company's obligations under Article 17 of MAR.
26 November 2021
Union Jack Oil plc
("Union Jack" or the "Company")
West Newton Planning Update
Union Jack Oil plc (AIM: UJO) a UK focused onshore hydrocarbon
production, development and exploration company, notes that Rathlin
Energy (UK) Limited, the Operator of PEDL183, has communicated the
following planning update to local residents and the West Newton
Community Liaison Group:
"Following recent activities, we are pleased to provide an
update regarding ongoing plans for the West Newton A production
development and the West Newton B wellsite.
As you may be aware, some councillors on East Riding of
Yorkshire Council's planning committee raised concerns with the
scale of our West Newton A application during the 30 September 2021
meeting. Despite the officers' recommendation for approval, the
application was refused, with the scale of the development being an
important factor in the committee's final determination.
While we continue to receive legal advice regarding an appeal of
the decision, re-submitting a revised application is a viable
option. Having received the decision document explaining the
reasons for refusal, we are now working on a revised approach for
the proposed development, in line with the comments made by your
Council representatives. Taking on board the concerns regarding the
scale of the development, and other points raised by the local
community, we now intend to submit a new application, with the
intent of addressing the scale of the development by reducing the
site footprint and reducing the number of wells to be drilled.
We will also be providing a more detailed landscape and planting
proposal to enhance the screening of the site and will examine more
extensively the potential for passing places along Pasture Lane and
other traffic management proposals. The revised timeline for
approving our application will now allow us to present our
development in more detail and to provide additional information to
you and the committee.
As the proposed planning application is of smaller scope than
previously assessed, the environmental assessments required to
accompany the planning application should only need minor
amendments which will allow us to submit the revised application by
the end of 2021. We shall take on board comments from the last
application and will circulate more information to you once it is
available.
At West Newton B our current planning permission has a condition
that requires operations to be completed by April 2022. Despite our
continued operational efforts since site construction was
initiated, it is unlikely that the originally proposed work scope
will be finished before the expiration date. We therefore we will
be applying to the East Riding of Yorkshire Council to vary this
condition.
The original development was approved to allow for two wells to
be drilled and tested, and after the encouraging results from the
West Newton B1z well, as well as the A site wells, we are
requesting further time to drill and test the second well at the
site. The application will not make any changes to the proposed
development activity.
We will aim to submit this application by the end of the year so
that the WNA and WNB applications can run along the same
timeline.
Hydrocarbons will continue to play an ongoing and essential role
in UK, for both energy supply and as a raw material, now and for
the next generation of East Riding of Yorkshire residents and
businesses. Over the next 25 years there will be a co-ordinated and
concerted effort to reduce emissions and we are absolutely
committed to supporting the UK government in this transition phase.
Using locally sourced resources will not only help to reduce the
risks associated with being a net hydrocarbon importer, but it will
also act as a more environmentally friendly stepping-stone to
support the evolution to a more sustainable future. We are
committed to working with East Riding of Yorkshire Council and the
local community to bring about the production of local hydrocarbons
in a responsible manner."
Union Jack holds a 16.665% economic interest in PEDL183,
encompassing an area of 176,000 acres and located within the
Western Sector of the Southern Permian Basin, onshore UK north of
the river Humber. PEDL183 contains the West Newton A-1, A2 and B1z
hydrocarbon discoveries.
For further information, please contact
Union Jack Oil plc info@unionjackoil.com
David Bramhill
SP Angel Corporate Finance LLP +44 (0)20 3470 0470
Nominated Adviser and Broker
Richard Morrison
Richard Hail
Caroline Rowe
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