Union Jack Oil Announces Free Flowing Oil at Wressle Development Project

Source: www.gulfoilandgas.com 2/1/2021, Location: Europe

Union Jack Oil plc (UJO), a UK focused onshore hydrocarbon production, development and exploration company is pleased to provide a positive update on operations at the Wressle oilfield development (“Wressle”). The development is located within North Lincolnshire licences PEDL180 and PEDL182 where the Company holds a 40% economic interest.

Operations to recomplete the well and reperforate the Ashover Grit reservoir interval have been completed successfully, safely and on schedule.

Following the re-perforation and its successful communication with the Ashover Grit reservoir interval, free-flow of oil has commenced and the well has been placed on continuous 24 hour test production. The well is now in the normal clean-up phase as the well is carefully brought on-stream.

The Joint Venture will provide a further detailed update when flow rates have stabilised on completion of clean-up.

Produced oil from Wressle will be transported by road tanker to the Phillips 66 Humber refinery and sold under the Operator’s (Egdon Resources plc) existing sales contract.

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