In late-July 2020 Union Jack Oil acquired 3% interest in licence PEDL 253 from Montrose Industries. The licence, which is operated by Egdon Resources, covers 95 sq km over two blocks: TF/18a and TF/28a. Mapped within the licence is the Biscathorpe discovery and the South Elkington prospect.   Three wells have been drilled in the licence, two of the wells drilled in 1987 and 1975 were dry. The Biscathorpe-2 well was drilled in early-2019 down to 2,133 m, targeting the Dinantian carbonates within the Biscathorpe four-way dip closure. Post-well analysis indicated that the well encountered a 35 m oil column of good quality oil within the Dinantian interval. A sidetrack from Biscathorpe-2 could be drilled in the future to test the Westphalian reservoir, which is interpreted to thicken to the north, and appraise underlying Dinantian carbonate.   The licence is west of licence PEDL 339 that is also operated by Egdon Resources and it contains the producing Keddington field. Exploratory drilling is planned on licence PEDL 339 to target either the Keddington South prospect or the Louth prospect.  Interest in the licence is held by Egdon Resources UK Ltd (35.8% + operator), Union Jack Oil plc (25%), Humber Oil & Gas Ltd (20%) and Montrose Industries Ltd (19.2%).
(Anglo-Dutch B.) Union Jack Oil acquires 3% in PEDL 253 license from Montrose Industries TF/28a op. by EGDON (36%)