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Submission of Biscathorpe Planning Appeal PEDL253
Submission of Biscathorpe Planning Appeal PEDL253.
About this update from Union Jack Oil Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 1788I\n Union Jack Oil PLC\n 13 April 2022\n \n \n \n \n This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 (\"MAR\"), and is disclosed in accordance with the Company's obligations under Article 17 of MAR.\n \n \n 13 April 2022\n \n Union Jack Oil plc\n (\"Union Jack\" or the \"Company\")\n Submission of Biscathorpe Planning Appeal PEDL253\n \n Union Jack Oil plc (AIM: UJO) a UK focused onshore hydrocarbon production, development and exploration company, is pleased to advise that further to the announcement of 25 January 2022, the Operator of PEDL253, Egdon Resources U.K. Limited, has submitted an appeal on behalf of the Joint Venture participants, against the refusal of planning permission by Lincolnshire County Council for a side-track drilling operation, associated testing and long-term oil production at the Biscathorpe site.\n \n Union Jack holds a 45% economic interest in PEDL253.\n \n The appeal documentation was submitted to the Planning Inspectorate (\"PINS\") on 12 April 2022. The appeal will now be validated by PINS before an Inspector is appointed and a timetable defined. The expectation is that the appeal will be decided under the Written Representations procedure, a process where PINS will consider written evidence from the appellant, the local planning authority and anyone else who has an interest.\n \n \n \n For further information, please contact \n \n \n \n Union Jack Oil plc \n [email protected]\n \n David Bramhill\n \n \n \n \n \n \n SP Angel Corporate Finance LLP\n \n +44 (0)20 3470 0470\n \n \n Nominated Adviser and Broker\n \n \n Richard Morrison\n \n \n Richard Hail\n \n \n Caroline Rowe\n \n \n \n \n This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditi...