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PEDL183 Update Rathlin Energy (UK) Limited is pleased to confirm that the company is currently in discussions with Union Jack Oil plc (“Union Jack”) and Humber Oil and Gas Limited (“Humber”) regarding a partnership in PEDL183. The terms of the proposal could see Union Jack and Humber each acquire a 16 2/3 % working interest in PEDL183, subject to finalising deal terms and the approval of the Oil and Gas Authority (OGA). Rathlin Energy (UK) Limited would remain as the operator of PEDL183. Resource estimates and financial figures quoted in Union Jack’s press release (http://unionjackoil.com/wp-content/uploads/2018/10/UJ_RathlinOpportunityPres_Oct2018.pdf) on October 3rd 2018 are…

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