Business
West Newton Operations and Progress Update
West Newton Operations and Progress Update.
About this update from Union Jack Oil Plc
[{"type":"text","content":"\n \n \n RNS Number : 0058V\n Union Jack Oil PLC\n 04 August 2020\n \n \n \n \n Market Abuse Regulation (MAR) Disclosure \n \n \n 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\n \n \n 4 August 2020\n \n Union Jack Oil plc\n (\"Union Jack\" or the \"Company\")\n West Newton Operations and Progress Update\n \n Union Jack Oil plc (AIM: UJO), a UK focused onshore hydrocarbon production, development and exploration company is pleased to announce a positive update on operations and progress at West Newton in respect of the planned near term drilling of the West Newton B-1 (WNB-1) appraisal well, and its subsequent testing, and the completion of the Extended Well Test at the West Newton A-2 (WNA-2) discovery well.\n Union Jack holds a 16.665% interest in PEDL183 containing the WNA-1 and WNA-2 discoveries and the Operator is Rathlin UK Limited.\n \n Highlights:\n \n · Significant progress made at West Newton B site while successfully managing Covid-19 related restrictions\n \n · Initial drilling operations at WNB-1 expected to commence in the next few weeks\n \n · Combined testing programme at both WNB-1 and WNA-2 to follow WNB-1 drilling\n \n Update on the Planned Drilling of the West Newton B-1 Well\n Significant progress has been made at the West Newton B drilling site over the last few months, successfully managing through the Covid-19 related restrictions.\n The WNB-1 well has the dual objective of appraising the significant discovery made in the Kirkham Abbey formation, as well as evaluating the deeper and potentially substantial Cadeby prospect, in a more optimal location than was encountered at the WNA-2 well.\n Pre-construction works commenced in April 2020, with land drainage installed and two water monitoring boreholes drilled, with baseline sampling presently underway.\n Work commenced on the site access track in early May 2020. This activity, which was subject to an archaeological watching brief, was completed in mid-June 2020, facilitating access to the B site. Local road closures, agreed by East Riding of Yorkshire Council, are now in effect.\n Site works commenced in late May 2020, with a full archaeological strip, ma...