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UJO Union Jack Oil Plc

24.00
0.00 (0.00%)
Last Updated: 08:00:26
Delayed by 15 minutes
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
  0.00 0.00% 24.00 23.00 25.00 24.00 24.00 24.00 120,503 08:00:26
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Oil And Gas Field Expl Svcs 8.51M 3.61M 0.0320 7.50 27.05M

Union Jack Oil PLC Biscathorpe Planning Consent Refused (9663Q)

01/11/2021 4:13pm

UK Regulatory


Union Jack Oil (LSE:UJO)
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TIDMUJO

RNS Number : 9663Q

Union Jack Oil PLC

01 November 2021

This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is disclosed in accordance with the Company's obligations under Article 17 of MAR.

1 November 2021

Union Jack Oil plc

("Union Jack" or the "Company")

Biscathorpe Planning Consent Refused

Union Jack Oil plc (AIM: UJO) a UK focused onshore hydrocarbon production, development and exploration company advises that a planning application for a side-track drilling operation, associated testing and long-term oil production at the Biscathorpe site (PEDL253) was refused at today's meeting of the Lincolnshire County Council Planning Committee.

The application, submitted by Egdon Resources UU.K. Limited, had been recommended for approval by Lincolnshire County Council's planning officers.

The Joint Venture awaits the formal decision notice before taking advice and considering its options which include an appeal.

Union Jack holds a 45% economic interest in PEDL253.

For further information, please contact

Union Jack Oil plc info@unionjackoil.com

David Bramhill

SP Angel Corporate Finance LLP +44 (0)20 3470 0470

Nominated Adviser and Broker

Richard Morrison

Richard Hail

Caroline Rowe

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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

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(END) Dow Jones Newswires

November 01, 2021 12:13 ET (16:13 GMT)

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