Europa's update on Wressle, North Lincolnshire

November 22, 2018

UK and IRELAND -- Europa Oil & Gas (Holdings) plc, the UK and Ireland focused oil and gas exploration, development and production company, notes an update from Egdon Resources (‘Egdon’) that its application for planning consent for the development of the Wressle oil field on PEDL 180 in the East Midlands (‘the Application’) has received a recommendation for approval (subject to conditions) from North Lincolnshire Council’s Planning Officer. Europa has a 30% working interest in Wressle alongside Egdon (operator, 30%), Union Jack Oil (27.5%), and Humber Oil & Gas Limited (12.5%) (‘the Joint Venture partners’).  
 
The Application will be considered by a meeting of the North Lincolnshire Council Planning Committee on November 28, 2018.
 
Europa's CEO, Hugh Mackay, said, “The Planning Officer’s recommendation to the Council to approve the application for planning consent for the development of Wressle is testament to the comprehensive work that has been undertaken to address all outstanding issues. Wressle has the potential to more than double Europa’s net production to over 200 bopd.  As a result, we are keen to get Wressle into production as soon as possible and with this in mind, we are looking forward to the Planning Committee meeting later this month.”
 
Egdon`s RNS published today is as follows:
 
Egdon Resources plc (AIM:EDR) is pleased to advise that its application for planning consent for the Wressle Development has received a recommendation for approval (subject to Conditions) from North Lincolnshire Council’s Planning Officer.
 
This application will be considered by a meeting of the North Lincolnshire Council Planning Committee on 28 November 2018.
 
Mark Abbott, Managing Director of Egdon Resources plc, said: “I am very pleased that the council’s planning officer has recommended approval of the proposed Wressle development, having diligently considered the significant body of additional work and improvements submitted as part of the application.
 
The Planning Officer was clear in his report where he stated “it is considered that this new application addresses the concerns raised at the public inquiry and that, as a result of the additional ground investigation, site reconfiguration and improved pollution mitigation and water monitoring arrangements, the reasons given by the inspector for dismissing the previous appeals have been overcome. This conclusion is confirmed by the external technical experts (JBA Consulting) employed by the council to carry out a robust review of the new application and its potential environmental impacts."
 
We hope that the members of the planning committee will agree with the considered recommendation of their professional planning officer (supported in this case by specialist advisors), the various regulatory authorities and statutory consultees and approve the application at next week’s meeting.”
 

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