Business
Wressle Planning Appeals Decision
Wressle Planning Appeals Decision.
About this update from Union Jack Oil Plc
[{"type":"text","content":"\n \nRNS Number : 0370B Union Jack Oil PLC 05 January 2018 \n\nMarket Abuse Regulation (MAR) Disclosure\nCertain information contained in this announcement would have been deemed inside information for the\npurposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement.\n \n5 January 2018\n \nUNION JACK OIL PLC\n(AIM: UJO)\nWressle Development Planning Appeals Decision\n \nUnion Jack Oil plc (\"Union Jack\" or the \"Company\"), a UK-focused, onshore oil and gas production and exploration company, can advise that the Planning Inspectorate has issued its decision in respect of the Wressle Planning Inquiry. The decision made by the Inspector is to reject the appeals by Egdon Resources plc (the \"Operator\") on behalf of the Wressle joint venture partners against the two planning refusals by North Lincolnshire County Council's Planning Committee in respect of the development of the Wressle oil discovery in licences PEDL180 and PEDL182.\nHowever, the Planning Inspectorate has advised that it did uphold the Operator's appeal on behalf of the Wressle joint venture partners against the decision to refuse the application to retain the existing planning for the well site, which is now retained until the 28 April 2018.\nDavid Bramhill, Chairman of Union Jack, said:\n\"The Wressle joint venture partners will now take the opportunity to consider in detail the reasons for the refusals as contained in the decision notice and review the options available to us and will provide a further update in the next few days.\"\nFor further information, please contact: \n \n\n\n\n\nUnion Jack Oil plc\n\n\n+44 (0)7787 160 682\n\n\n\n\nDavid Bramhill\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSP Angel Corporate Finance LLP\n\n\n+44 (0)20 3470 0470\n\n\n\n\nNominated Adviser and Joint Broker\n\n\n\n\n\n\n\nLindsay Mair \n\n\n\n\n\n\n\nRichard Hail \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nTurner Pope Investments (TPI) Ltd\n\n\n+44 (0)20 3621 4120\n\n\n\n\nJoint Broker \n\n\n\n\n\n\n\nBen Turner \n\n\n\n\n\n\n\nJames Pope\n\n\n\n\n\n\n\n \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END UPDUSUURWSAARUR\n ","length":5108,"tagName":"div"}]