Business
West Newton Operations Update PEDL183
West Newton Operations Update PEDL183.
About this update from Union Jack Oil Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 8754T\n Union Jack Oil PLC\n 30 March 2021\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 \n \n \n 30 March 2021 \n \n Union Jack Oil plc\n (\"Union Jack\" or the \"Company\")\n West Newton Operations Update PEDL183\n \n Union Jack Oil plc (AIM: UJO), a UK focused onshore hydrocarbon production, development and exploration company, is pleased to offer an update in respect of the future planned test programmes at West Newton.\n \n The Company holds a 16.665% economic interest in PEDL183, encompassing an area of 176,000 acres and located within the Western sector of the Southern Permian Basin, onshore UK, North of the river Humber. PEDL183 contains the WNA-1, WNA-2 and WNB-1Z discoveries.\n \n Highlights:\n \n ·Draft Environmental Agency permit received for completion, well clean-up and Extended Well Test (\"EWT\") at WNB-1Z and additional wells at the West Newton B site\n \n · First phase of evaluation, including Cased Hole Logging Programme and Vertical Seismic Profiling, of WNB-1Z to commence in April 2021\n \n · Processing and interpretation of data expected to take two weeks and will inform completion, well clean-up and EWT operations for WNB-1Z well\n \n · Preparations for updated Competent Person's Report at West Newton in progress\n \n Environmental Agency Permit\n The Operator of PEDL183, Rathlin Energy (UK) Limited applied to vary the West Newton B Wellsite permit and has received a draft of the varied permit from the Environmental Agency (\"EA\") that will accommodate completion, well clean-up and EWT operations. This permit includes the WNB-1Z discovery well and any additional wells planned for the West Newton B site.\n An EA permit is already in place at the West Newton A site, that includes further clean-up and EWT operations on the WNA-2 well.\n \n Cased Hole Logging Programme (\"CHLP\") and Vertical Seismic Profiling (\"VSP\") Survey\n The first phase of the evaluation programme on the WNB-1Z discovery well is planned to commence in April 2021 and will initially be comprised of a customised CHLP inclu...