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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Union Jack Oil Plc | LSE:UJO | London | Ordinary Share | GB00BLH1S316 | ORD 5P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.25 | -0.93% | 26.50 | 26.00 | 27.00 | 27.00 | 26.50 | 26.75 | 348,098 | 16:28:57 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Oil And Gas Field Expl Svcs | 8.51M | 3.61M | 0.0320 | 8.28 | 29.87M |
TIDMUJO
RNS Number : 5333W
Union Jack Oil PLC
01 August 2018
Market Abuse Regulation (MAR) Disclosure
Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement
1 August 2018
Union Jack Oil plc
("Union Jack" or the "Company")
Wressle Planning Extension Refused
Union Jack Oil plc (AIM: UJO), a UK-focused onshore hydrocarbon production, development and exploration company notes the announcement released this morning by Edgon Resources plc ("Egdon"), in respect of the application to extend the existing planning permission at Wressle. Egdon included the following statements:
"Egdon Resources plc (AIM:EDR) advises that its application to extend planning consent for the Wressle site to 1 August 2019 was refused at today's meeting of the North Lincolnshire Council Planning Committee ("the Committee"). The application had been recommended for approval by North Lincolnshire County Council's planning officers.
Mark Abbott, Managing Director of Egdon Resources plc, said:
"The decision of the Committee is clearly disappointing given that the application had been recommended for approval by North Lincolnshire Council's own professional planning officers, that an appeal for a previous refusal of such an application had been successful and that we have recently submitted a new application for the development of the Wressle oil field which we strongly believe comprehensively addresses the reasons for the refusal of the original planning applications and the subsequent appeals.
We intend to appeal this decision without delay and will begin preparing documentation on receipt of the Committee's decision notice.""
For further information please contact the following:
Union Jack Oil plc +44 (0)7787 160 682 David Bramhill SP Angel Corporate Finance LLP +44 (0)20 3470 0470 Nominated Adviser Lindsay Mair Richard Hail
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.
END
UPDUAVSRWUAWRAR
(END) Dow Jones Newswires
August 01, 2018 11:00 ET (15:00 GMT)
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