Europa Oil & Gas (Holdings) plc, the UK and Ireland focused oil and gas exploration, development and production company, provides an update from Egdon Resources that the planning inspectorate has upheld the appeal and granted planning consent for the development of the Wressle oilfield in North Lincolnshire licences PEDL180 and PEDL182 (the licences). The Inspector also allowed the application for an award of costs against North Lincolnshire Council. Europa has a 30% working interest in the Licences, alongside Egdon (operator, 30%), Union Jack Oil (27.5%), and Humber Oil & Gas Limited (12.5%).
Work will now begin on discharging the planning conditions and the detailed planning for the development works at the Wressle oilfield which was discovered in 2014 by the Wressle-1 well. During testing, a total of 710 boe/d were recovered from three separate reservoirs, the Ashover Grit, the Wingfield Flags and the Penistone Flags. In September 2016, a Competent Person’s Report provided independent estimates of reserves and contingent and prospective oil and gas resources for the Wressle discovery of 2.15 million stock tank bbls classified as discovered (2P+2C).?
?Simon Oddie, Chairman of Europa, said: “The granting of planning consent for the development of the Wressle oil field is a milestone event for Europa. Under the development plan, Wressle is expected to commence production at an initial gross rate of 500 bpd, which would more than double Europa’s existing UK onshore production to over 200 bpd. With this in mind, we look forward to working with our partners in the Licences to discharge the planning conditions and bring Wressle into production at the earliest opportunity.”
Read the article online at: https://www.oilfieldtechnology.com/exploration/20012020/wressle-development-granted-planning-consent-on-appeal-to-europa-oil-gas/
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