Response to Media Speculation

Union Jack Oil PLC

17 October 2024

 

17 October 2024

UNION JACK OIL PLC

("Union Jack" or the "Company")

Response to Media Speculation

Union Jack Oil plc (AIM: UJO and OTCQB: UJOGF), a USA and UK focused onshore oil and gas production, development and exploration company, notes media speculation regarding the planning permission for further development of the Wressle well site.  

The Company confirms that it is aware of a letter that has been addressed to North Lincolnshire Council (the "Council"), informing the Council of an intention to challenge its decision to grant planning permission for an extension to the Wressle well site, long term oil and gas production and construction of an associated pipeline at Wressle (see announcement dated 16 September 2024).

Union Jack holds a 40% interest in the Wressle development.

A further announcement will be made when appropriate.

For further information please contact the following:

Union Jack Oil plc		[e-mail]
David Bramhill
SP Angel Corporate Finance LLP		[phone]
Nominated Adviser and Joint Broker
Matthew Johnson
Richard Hail
Caroline Rowe
Shore Capital		[phone]
Joint Broker
Toby Gibbs
Harry Davies-Ball
Gneiss Energy Limited		[phone]
Financial Adviser
Jon Fitzpatrick
Paul Weidman
Harbor Access		[phone]
USA Investor Relations
Jonathan Paterson

 

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