Crude Oil (WTI)

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02:31pm	Russia's idle primary oil refining capacity up 13.6% in April from March, Reuters calculations show	RE
11:09am	Ukraine drones target two refineries, airfield in Russia's Krasnodar region, Kyiv source says	RE

Union Jack, Europa O&G note Egdon update on Wressle future plans

November 29, 2023 at 12:22 pm EST

(Alliance News) - Union Jack Oil PLC and Europa Oil & Gas Holdings PLC on Wednesday both noted Egdon Resources UK Ltd's community update on the Wressle oilfield development in North Lincolnshire, including PEDL180 and PEDL182 assets.

Union Jack has a 40% economic interest in both assets, while Europa O&G has 30%, as does Egdon Resources PLC.

Both Union Jack and Europa O&G said Egdon Resources provided an update on Wressle to the local community on new plans for the oil development. This includes a consultation, which is now live online and available until December 24, allowing the local community to provide feedback on its proposals.

Shares in Union Jack were down 1.3% to 19.00 pence each in London on Wednesday afternoon, while Europa O&G shares were up 2.0% to 1.00p each.

By Greg Rosenvinge, Alliance News senior reporter

Comments and questions to newsroom@alliancenews.com

Stocks mentioned in the article

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
BIST 30	10,732 PTS	+2.39%	+4.30%	-
BRENT CRUDE OIL SPOT	88.07 USD	+0.10%	+1.75%	-
WTI	83.53 USD	0.00%	+1.68%	-
UNION JACK OIL PLC	23.25 GBX	-7.92%	-3.12%	30.86M
EUROPA OIL & GAS (HOLDINGS) PLC	0.95 GBX	0.00%	-2.56%	11.35M

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