London-listed junior Egdon Resources has finally landed consent for the proposed development of the Wressle onshore oilfield in the UK.
The Wressle oilfield is located at Lodge Farm on the PEDL 180 license. Egdon and its partners have been working to get all the necessary permits in place since 2018 but have been met with repeated rejections.
On Friday, the planning inspectorate upheld Egdon’s appeal and granted planning consent for the development of Wressle.
The inspector also allowed the application for an award of costs against North Lincolnshire Council.
Mark Abbott managing director of Egdon said: “We will now begin work on discharging the planning conditions and the detailed planning for the development works. We will continue to keep shareholders and the local community informed.”
The Wressle oilfield was discovered in 2014 by the Wressle-1 well. During testing, a total of 710 barrels of oil equivalent per day were recovered from three separate reservoirs, the Ashover Grit, the Wingfield Flags and the Penistone Flags.
Egdon operates Wressle with a 30% interest, together with Europa Oil & Gas (30%), Union Jack Oil (27.5%), and Humber Oil & Gas (12.5%).