Wressle oil production rate increases with EA approval

Europa Oil & Gas (Holdings) plc said that pump and production rates had been increased with Environment Agency approval at the Wressle onshore joint venture.

Partners in PEDL180/182 comprise Europa (30% economic interest) Union Jack Oil plc (40%) and operator Egdon Resources plc (30%).

The EA permits allow the company to handle higher volumes of fluids at surface and nearby water disposal facilities.

The Wressle-1 well had previously been producing at a stable gross production rate of more than 550 barrels of oil per day, net 165 bopd to Europa, at “constrained surface jet pump rates”.

Union Jack Oil plc (LON:UJO) is an onshore oil and gas exploration company with a focus on drilling, development and investment opportunities in the United Kingdom hydrocarbon sector.

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