Union Jack Oil plc (AIM: UJO) the UK focused onshore hydrocarbon production, development and exploration company advises that a planning application for a side-track drilling operation, associated testing and long-term oil production at the Biscathorpe site (PEDL253) was refused at today’s meeting of the Lincolnshire County Council Planning Committee.
The application, submitted by Egdon Resources UU.K. Limited, had been recommended for approval by Lincolnshire County Council’s planning officers.
The Joint Venture awaits the formal decision notice before taking advice and considering its options which include an appeal.
Union Jack holds a 45% economic interest in PEDL253.
For further information, please contact
Union Jack Oil plc
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