Union Jack Oil plc (LON:UJO), a UK focused onshore hydrocarbon production, development and exploration company has provided a positive update on operations at the Wressle oilfield development. 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.
Union Jack Oil said 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.
