Union Jack Oil launches online consultation event on West Newton A

Union Jack Oil

Union Jack Oil plc (LON:UJO), a UK focused onshore hydrocarbon production, development and exploration company, notes that Rathlin Energy (UK) Limited, the Operator of PEDL183 and the West Newton Field, has today launched an online consultation event on a proposed hydrocarbon development of the West Newton A site as part of a public planning consultation process.

Union Jack holds a 16.665% interest in PEDL183, containing the conventional West Newton A-1 discovery well, the successful A-2 appraisal well and the recently drilled B-1Z discovery.

·   During January 2021, Rathlin received a Screening Opinion from the East Riding of Yorkshire Council in response to Rathlin’s screening request for the proposed West Newton A site extension that the proposed development would not comprise an EIA (Environmental Impact Assessment) development. The screening opinion covered the proposed WNA wellsite and associated work programme would provide for testing, appraisal and production from the two existing wells, WN-A1 and WN-A2, and the potential for drilling, testing, appraisal and production from up to six (6) new wells on the WNA wellsite over a 25 year period

·    This next step, prior to submitting a formal planning application, is a public consultation process

·    Under normal circumstances, the consultation process would encompass in-person and open meetings. Under the current restrictions associated with the Covid-19 pandemic, in-person gatherings are not possible, with a virtual consultation now being undertaken to communicate with the West Newton Community Liaison Group, landowners, local community, Councils, regulators and other stakeholders

·    As part of the public planning consultation process, the information provided in the online consultation event on the proposed field development at West Newton is extensive and includes conceptual development plans and indicative drilling and production schematics on a potential hydrocarbon development

·  The documentation contained in the online consultation event also includes important and relevant information on:

o  The benefits of domestic hydrocarbon production, given that the UK economy is a net importer

o  The need for responsible hydrocarbon usage as we transition towards the UK government’s net zero carbon target for fuel supply

o  The Humber region, being the UK’s largest energy hub, offers the opportunity to deliver the UK’s first zero carbon industrial cluster and help position the North of England at the heart of the global energy revolution

·    Rathlin believes that the West Newton Field has the potential to provide local feedstock to a Humber net zero project replacing the need for imported hydrocarbons while at the same time developing indigenous energy sources, contributing to the economic welfare of the Humber region and enhancing local job prospects

We’ll keep you in the loop!

Join 1,000's of investors who read our articles first

We don’t spam! Read our privacy policy for more info.

Share on:
Find more news, interviews, share price & company profile here for:

Union Jack Oil plc Positive update on Moccasin 1-13 Well, Oklahoma

Union Jack Oil plc (LON:UJO, OTCQB: UJOGF) reports promising developments at its Moccasin 1-13 well in Oklahoma, highlighting potential oil prospects.

Union Jack Oil optimistic with Moccasin well spudding and Taylor well progress

Union Jack Oil plc (LON: UJO, OTCQB: UJOGF) announces the spudding of the Moccasin 1-13 well in Oklahoma, USA, with a 45% working interest.

Union Jack Oil updates on positive drilling at Taylor 1-16 well in USA

Union Jack Oil plc reports a successful drilling update for the Taylor 1-16 well in Oklahoma, finding hydrocarbon-rich Hunton Limestone at 4,168 feet.

Union Jack Oil Set to Expand Production with Taylor-1 and Moccasin-1 Wells, Zeus Capital Highlight

Union Jack Oil plc is set to enhance its US operations with new drilling projects in Oklahoma, aiming to boost production volumes and revenue growth.

Union Jack Oil updates on spudding of Taylor-1 well

Union Jack Oil plc announces the imminent spudding of the Taylor-1 well in Oklahoma, USA, focusing on promising onshore hydrocarbon prospects.

Union Jack Oil Driving Growth with ‘Potential to unlock significant value’ say SP Angel

Union Jack Oil plc (LON:UJO) is advancing in the UK and US, solidifying its presence in onshore oil and gas. SP Angel upholds a BUY rating with a 66p target.

Search

Search