Losses widen at Union Jack Oil
Losses in Union Jack Oil more than doubled in the first half of 2020, compared with the same period last year.
Union Jack Oil adds to stake in Lincolnshire oil exploration
Union Jack Oil announced this morning it had increased its interest in the Biscathorpe oil site in Lincolnshire.
Union Jack becomes biggest player in Wressle oil field
Union Jack Oil plc is to pay £500,000 to become the largest single investor in the Wressle oil field in North Lincolnshire.
Oil partners “optimistic” about finding oil with Biscathorpe sidetrack
An oil formation in Lincolnshire, missed by a well drilled last year, could be reached by a new sidetrack, a group of companies said today.
Revised well test plan submitted for West Newton A – Union Jack Oil
Union Jack Oil has announced plans to restart an extended well test at the West Newton-A oil and gas site in East Yorkshire.
Union Jack raises £5m for new wells at West Newton and Biscathorpe
Union Jack Oil plc has raised £5m to press ahead with drilling plans at West Newton in East Yorkshire, the company announced this morning.
West Newton well test suspended after oil find
Rathlin Energy has suspended the extended well test at its West Newton well site in East Yorkshire – just a week after the start.
Campaigners disappointed as council drops case in Wressle oil appeal
Egdon Resources, the company behind plans for long-term oil production at Wressle near Scunthorpe, said today North Lincolnshire Council had withdrawn its case against the company.
West Newton “potentially UK’s largest onshore hydrocarbon discovery since 1973” – investor
An investor in the West Newton wellsite in East Yorkshire has said it could be the UK’s largest onshore gasfield and the largest onshore hydrocarbon discovery since 1973.
Biscathorpe oil well spudded
Edgon Resources confirmed this afternoon it had begun drilling its oil exploration well at Biscathorpe, near Louth in Lincolnshire.
DRILL OR DROP? 