Union Jack takes £1m loan from Egdon
The company with the biggest stake in the Wressle oil field has agreed a £1m loan from the site operator, Egdon Resources.
The company with the biggest stake in the Wressle oil field has agreed a £1m loan from the site operator, Egdon Resources.
DrillOrDrop’s review of the latest UK onshore production data, for April 2023, reveals a big drop in monthly production from the largest field at Wytch Farm. This cut the UK’s total monthly onshore oil volumes by more than half.