Union Jack shares fall on Wressle estimates
Shares in Union Jack Oil fell more than 20% on the publication of an assessment of the Wressle oil field in North Lincolnshire this morning.
Wressle oil helps lift Union Jack revenues by 1000%+ in 2021 – accounts
The leading partner in the Wressle oil site has reported an increase in revenues of 1099% in 2021, compared with the year before.
Wressle oil boosts Europa’s half-year accounts
Europa Oil & Gas has claimed its strongest interim financial performance for seven years, driven by oil production from the Wressle site in North Lincolnshire.
Wressle well production could top 1,500 barrels per day – new estimate
The operator of the Wressle oil well in North Lincolnshire has said production could reach 1,543 barrels per day.
Egdon gives details of Wressle plans for 2022
The operator of the Wressle oil site in North Lincolnshire said well testing would be completed early next year.
Consent for Wressle proppant squeeze
Union Jack Oil announced this morning that the proppant squeeze planned for the Wressle oil well in North Lincolnshire had been approved.
Updated: Wressle frack plan still “in draft”
A key document needed to allow small-scale fracking at Wressle in north Lincolnshire has not yet been approved.
Work underway at Wressle oil production site
A workover rig has been delivered to Egdon Resources’ Wressle oil site in North Lincolnshire to prepare the well for production.
Union Jack £1m loan for Wressle oil site – workover rig expected in New Year
Union Jack Oil announced this morning it is to lend £1m to Egdon Resources, the operator of the Wressle oil site in north Lincolnshire.
Union Jack plans to pull out of licences where falling value pushes up annual loss
The exploration and production company, Union Jack Oil, is planning to withdraw from three licences in 2020 because of falls in their value.
DRILL OR DROP? 