David Bramhill, executive chairman of Union Jack Oil PLC (LON:UJO), updates Proactive's Andrew Scott on their planned work programmes for 2018.
"High impact" drilling is slated for the Biscathorpe and Holmwood projects and they're also expecting a new planning application to be made for the stalled Wressle oil field development project. The new documents are due to be submitted to the authorities in April.
Elsewhere, results from recently acquired and 'worked over' wells at the Fiskerton Airfield are expected to provide further potential value catalysts for the company's asset portfolio.
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