EXL294
Fiskerton Oilfield

LicenceEXL294
BlocksTF7c, (ALL), TF7g (ALL) and TF7h (ALL)
Interest20%
LocationOnshore
TypeConventional
E&P StageProduction
Next ActivityMaximise production

Union Jack acquired a 20% economic interest in EXL294 containing the Fiskerton Airfield Oilfield (“Fiskerton”) in November 2017 from the Operator Egdon Resources (“Egdon”).

Production at Fiskerton remains stable and focus will continue to be to maximising oil output from existing wells.

Fiskerton production is sold and tankered to the nearby Immingham refinery.

Union Jack acquired a 20% economic interest in EXL294 containing the Fiskerton Airfield Oilfield (“Fiskerton”) in November 2017 from the Operator Egdon Resources (“Egdon”)

Production at Fiskerton remains stable and focus will continue to be to maximising oil output from existing wells.

Fiskerton production is sold and tankered to the nearby Immingham refinery.

THE LICENCE LOCATION AND PERCENTAGE INTEREST HOLDINGS ARE AS FOLLOW: