On 15 May 2018 Union Jack Oil Plc announced that it, along its partner Humber Oil and Gas, have each agreed to acquire a 16.25% interest in PEDL 201 and a 12.5% interest in PEDL 181 from Celtique Energie for a payment of GBP 7,500 for each consideration. The companies are investigating the potential for shale gas in the acreage. The deals are subject to approval from the Oil and Gas Authority.  PEDL 201 is located on the edge of the Widmerpool trough sub-basin within the onshore section of the Anglo-Dutch basin within the counties of Nottinghamshire and Leicestershire In October 2014 Egdon spudded an exploration well in the licence targeting the Burton-on-the-Wolds prospect. The well had a planned vertical depth of 1,000 m and was designed to intersect two Carboniferous targets. Egdon announced that the well had reached a TD of 1,086 m and had intersected thin sands in the primary target of the Rempstone Sandstone Group while the reservoir rocks of the secondary deeper target were absent. Weak hydrocarbon shows were observed however interpretation of the log data showed the sands to be water bearing. In an update in November 2014 it was confirmed that the well had been abandoned.  PEDL181 is located in East Lincolnshire. It was awarded to Europa in the 13th Onshore Licensing Round in 2008. In 2015 the company drilled the Kiln Lane-1 well. The well encountered the Westphalian and Namurian sand intervals which were water wet.   Following completion of the deal interest in PEDL 201 will be held by Egdon Resources U.K. Limited (45% + operator), Union Jack Oil Plc (26.25%), Humber Oil and Gas Limited (16.25%) and Terrain Energy Limited (12.5%) and interest in PEDL 181 will be held by Europa Oil and Gas Limited (50% + operator), Egdon Resources U.K. Limited (25%), Union Jack Oli Plc (12.5%) and Humber Oil and Gas Limited (12.5%).
Union Jack Oil and Humber O&G have agreed to acquire from Celtique a joint 16,25% in PEDL 201 (Widmerpool Gulf) and 12.5% in PEDL 181 (Humber Basin).