UJO has further increased its 27% interest in PEDL 253 (Biscathorpe), 95 sq km south of Grimsby in Lincolnshire, by 3% from partner Montrose Industries for GBP 115,000 cash. PEDL 253 will be held by Egdon (op) 35.8%, UJO 30%, Montrose 19.2%, Humber O&G 15%.
(Anglo-Dutch) UJO has further increased its 27% interest in PEDL 253 (Biscathorpe), (95kmÂ²) south of Grimsby in Lincolnshire, by 3% from partner Montrose Industries for GBP115,000. PEDL 253 will be held by Egdon (op) 35.8%, UJO 30%, Montrose 19.2%, Humber O&G 15%.