Union Jack Oil (AIM:UJO) has told local residents in the West Newton community that it continues to advance its programme at the site in line with Covid-19 government guidance.
The UK-focused onshore hydrocarbon firm relayed a statement from Rathlin Energy, the operator of licence PEDL183 at the site which contains the West Newton A-1 and A-2 wells.
“This update is to let you know that we are moving our programme of works forward, in line with the latest government and public health guidance on COVID-19. We continue to follow the advice closely,” outlined Rathlin in a letter.
As of today, work has commenced on the construction of the West Newton B access track which is expected to take five to six weeks, Rathlin said.
Shares in Union Jack Oil were trading 9.30% higher at 0.117p on Monday morning.
Meanwhile, Rathlin said it has been permitted by the Environment Agency to recommence testing at the West Newton A site once the required personnel and equipment are available.
The testing programme was given the go ahead from the agency last month on 24 April 2020.
Union Jack holds a 16.665% interest in the PEDL183 licence.
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