Union Jack has announced that the JV on its Biscathorpe licence, onshore UK, is to withdraw its planning permission appeal for further appraisal drilling. The company expects to relinquish the licence in due course, allowing greater focus on the producing Wressle field and new drilling programme in Oklahoma.
15 Dec 2025
Union Jack Oil (UJO LN) - Biscathorpe update - Corporate
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Union Jack Oil (UJO LN) - Biscathorpe update - Corporate
Union Jack Oil Plc (UJO:LON) | 2.8 0 0.0% | Mkt Cap: 4.10m
- Published:
15 Dec 2025 -
Author:
Daniel Slater, CFA -
Pages:
5 -
Union Jack has announced that the JV on its Biscathorpe licence, onshore UK, is to withdraw its planning permission appeal for further appraisal drilling. The company expects to relinquish the licence in due course, allowing greater focus on the producing Wressle field and new drilling programme in Oklahoma.