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 |
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SP Angel Corporate Finance LLP |
+44 (0)20 3470 0470 |
Nominated Adviser |
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Lindsay Mair |
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Richard Hail |
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