West Newton

PEDL183 – West Newton

Union Jack holds a 16.665% interest (subject to contract and regulatory approval) in PEDL183, located within the Western sector of the Southern Zechstein Basin.

PEDL183 contains the West Newton A-1 gas discovery (Best Estimate 186 Bcf).

The West Newton A-1 gas discovery is on trend with the prolific Hewett gasfield complex.

The percentage interest holdings are as follows:

Holders

Holding (%)

Rathlin Energy UK Limited (Operator)

66.67

Union Jack Oil

16.665

Humber Oil & Gas

16.665

 

100.0