Egdon Resources UK has mobilized development work at the Wressle discovery, Lincolnshire, to reconfigure the existing site for production. The works include the installation of a new high density polyethelene (HDPE) impermeable membrane, specialist drain system, approved surface water interceptor, construction of a purpose-built bund area for storage tanks, tanker loading plinth, and an internal roadway system. First oil is expected in second-half 2020 with initial expected constrained rate of 500 bo/d.
Key planning conditions have been discharged. Progress with detailed design tendering and procurement is proceeding as per the plan, and all HSE documentation and procedures are progressing as per expectation. Four groundwater monitoring boreholes have been installed and two rounds of sampling and analysis have been undertaken. Left to do before production can commence is installation and commissioning of surface facilities and sub-surface operations, and tie-in.
Union Jack Oil PLC acquired an additional 12.5% of PEDL180 and PEDL182 containing Wressle from Humber Oil & Gas Ltd. Union Jack is now majority shareholder in the license. The acquisition has an immediate positive impact on Union Jack by increasing its reserves and resources at Wressle by 45.5% to 1.24 MMboe.
Egdon Resources is operator at Wressle. Union Jack has 40% interest in PEDL180 and PEDL182 with partners Egdon (30%) and Europa Oil & Gas Ltd. (30%).