Union Jack Oil Rathlin conducting preparatory work at the West Newton B site

Union Jack Oil plc (LON:UJO), a UK focused on-shore hydrocarbon production, development and exploration company, today noted that Rathlin Energy (UK) Limited, the Operator of PEDL 183, communicated the following to local residents as part of its participation in the West Newton Community Liaison Group. Union Jack holds a 16.665% interest in this licence, containing the West Newton A-1 discovery well and the recent successful West Newton A-2 conventional appraisal well.

“Rathlin Energy (UK) Limited, in its capacity as Operator of PEDL183 and associated field operations in the West Newton area of East Yorkshire provides the following update.  On 2 April 2020, Rathlin posted its response to the COVID-19 situation and indicated its adherence to the most up-to-date government guidance while continuing our exploration efforts at West Newton.  

Currently, Rathlin, on behalf of partners is conducting preparatory work at the West Newton B (WNB) site in compliance with landowner and regulatory agreements, and consistent with government guidance on the COVID-19 situation.  Initial operations involve the completion of the access track and site along with activities that are pre-operational conditions of our Environment Agency and East Riding of Yorkshire Council (ERYC) permissions. 

Rathlin wrote to the ERYC on 17 March 2020 to notify, under Condition 2 of the planning permission, that works at the B site would be commencing. This is in adherence with the WNB planning permission granted in 2015, with a condition that the works should start within 5 years of the planning decision. These activities have been several months in planning and are consistent with operational updates provided previously by Rathlin, indicating that site activities would begin during Q2 2020″.

Such activities are consistent with the works envisaged to be carried out at West Newton B site during Q2 2020 announced by the Company on 20 February 2020.

David Bramhill, Executive Chairman commented: “We are very pleased that Rathlin are able to safely progress activities at the West Newton B site, especially in these challenging and unprecedented times.

We anticipate West Newton to be a key driver for shareholder value during 2020 and beyond.

Union Jack will provide further updates as operations move forward in due course.”

Click to view all articles for the EPIC:
Or click to view the full company profile:
Facebook
X
LinkedIn
Union Jack Oil

More articles like this

Union Jack Oil

Oil prices rise amid sanctions reversal

Oil markets remain resilient amid geopolitical tensions. Prices edged up on Monday despite supply concerns, with Brent crude reaching $78.88 a barrel.

Union Jack Oil

Oil markets edge up as investors weigh China’s growth promise

Oil prices gained modest ground as 2025 began, reflecting cautious optimism among investors analysing China’s economic outlook and fuel demand. A commitment from Chinese President Xi Jinping to implement growth-focused policies has prompted speculation about potential

Union Jack Oil

Positive steps forward for Union Jack Oil

Union Jack Oil plc announced encouraging developments in the Taylor 1-16 well in Seminole County, Oklahoma. The well, drilled by operator Reach Oil and Gas Inc., has revealed a high-quality hydrocarbon-bearing reservoir, with two additional potential

Union Jack Oil

Oil prices see modest recovery amid rising tensions

Oil prices experienced a slight increase on Monday as escalating conflict between Russia and Ukraine captured global attention. Brent crude rose by 55 cents (0.8%) to $71.59 a barrel, while U.S. West Texas Intermediate crude climbed

Union Jack Oil

Oil prices gain amid market uncertainty

Oil prices remained steady near two-week lows on Wednesday, with markets cautiously eyeing global demand and recent OPEC projections. OPEC reduced its growth forecasts for oil demand in 2024 and 2025, attributing the adjustment to economic

Union Jack Oil

Oil prices edge up amid strategic reserve plans

Oil prices showed an increase on Tuesday after a significant drop of 6% in the prior session. The rise came as the United States outlined a plan to purchase oil for its Strategic Petroleum Reserve (SPR),

Union Jack Oil

Oil prices recover after sharp decline

Oil prices experienced a modest recovery in Asian trading on Monday, following a significant drop of more than 7% last week. The fall was driven by concerns over weakening demand in China, the world’s largest oil