In anticipation of our appointment as Joint Broker to the company, we had the pleasure of accompanying Union Jack’s Executive Chairman, David Bramhill and non-executive director, Graham Bullon a site visit to the producing Wressle project (including the Wressle-1 well and adjacent permanent production facilities) on 12 July 2022.
Wressle, in which Union Jack has a 40% economic interest alongside partners Egdon (operator) and Europa Oil & Gas, is located in North Lincolnshire on the western margin of the Humber Basin. This conventional project is on trend with the nearby producing Crosby Warren oil field and Brigg-1 oil discovery, and was discovered in 2014 following drilling of theWressle-1 exploration well–which intersected three productive horizons containing light oil and associated gas.
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.