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Union Jack Oil announces hydrocarbon portfolio update


Published Oct 21, 2014
Union Jack Oil

Union Jack Oil plc notes that Egdon Resources plc (Egdon) has released an RNS containing the following information on Union Jack's interests which include Wressle, Burton on the Wolds, Biscathorpe and North Kelsey:

"Additional detailed work has now confirmed the preliminary evaluation of the Wressle-1 well results, which were announced on 2 September 2014 and which indicated potential hydrocarbon bearing zones in three separate reservoir intervals. We are currently finalising the design and logistics for the testing programme and expect to commence testing using a work-over rig during November 2014 following the drilling of the Burton on the Wolds-1 conventional exploration well where operations have now begun."

Tags: Union Jack Oil




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