Union Jack Oil PLC Biscathorpe Planning Consent Refused (9663Q)
02 November 2021 - 3:13AM
UK Regulatory
TIDMUJO
RNS Number : 9663Q
Union Jack Oil PLC
01 November 2021
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.
1 November 2021
Union Jack Oil plc
("Union Jack" or the "Company")
Biscathorpe Planning Consent Refused
Union Jack Oil plc (AIM: UJO) a 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 info@unionjackoil.com
David Bramhill
SP Angel Corporate Finance LLP +44 (0)20 3470 0470
Nominated Adviser and Broker
Richard Morrison
Richard Hail
Caroline Rowe
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 rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
MSCFLFLRLILLIIL
(END) Dow Jones Newswires
November 01, 2021 12:13 ET (16:13 GMT)
Union Jack Oil (LSE:UJO)
Historical Stock Chart
From Mar 2024 to Apr 2024
Union Jack Oil (LSE:UJO)
Historical Stock Chart
From Apr 2023 to Apr 2024