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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 | |
---|---|---|---|---|---|---|---|---|---|---|
-2.00 | -7.92% | 23.25 | 23.00 | 23.50 | 25.25 | 23.25 | 25.25 | 903,934 | 15:54:22 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Oil And Gas Field Expl Svcs | 8.51M | 3.61M | 0.0320 | 7.27 | 26.21M |
TIDMUJO
RNS Number : 2174A
Union Jack Oil PLC
17 January 2020
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
17 January 2020
Union Jack Oil plc
("Union Jack" or the "Company")
Wressle Development Granted Planning Consent on Appeal
Union Jack Oil plc (AIM: UJO), a UK focused onshore hydrocarbon production, development and exploration company is pleased to report that the Planning Inspectorate has today upheld the appeal and granted planning consent for the development of the Wressle Oil Field in North Lincolnshire licences PEDL180 and PEDL182. Union Jack holds a 27.5% economic interest in PEDLs 180/182.
The Inspector also allowed the application for an award of costs against North Lincolnshire Council.
David Bramhill, Executive Chairman of Union Jack Oil plc, commented:
"The Board of Union Jack is delighted with this positive outcome.
"The operator will, on behalf of the Joint Venture partners, begin work on discharging the planning conditions and detailed planning for development of the Wressle Oil Field.
"Shareholders and the local community will be informed of developments in due course"
For further information, please contact:
+44 (0)7801 Union Jack Oil plc 540 358 David Bramhill +44 (0)20 3470 SP Angel Corporate Finance LLP 0470 Nominated Adviser and Broker Richard Morrison Richard Hail Stephen Wong +44 (0)20 7138 Blytheweigh Communications Limited 3204 Financial PR Tim Blythe Megan Ray +44 (0)7949 Cassiopeia Services Ltd 690 338 Public Relations Stefania Barbaglio
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.
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(END) Dow Jones Newswires
January 17, 2020 10:12 ET (15:12 GMT)
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