Breaking: Oil companies drop Biscathorpe appeal
Partners seeking to produce oil in the protected Lincolnshire Wolds have abandoned their challenge to the refusal of planning permission, a formal statement announced this morning.
UKOG reveals reasons for Weald licence surrender
An official report by UK Oil & Gas plc reveals why it gave up a licence to develop hydrocarbons in parts of Surrey and West Sussex.
Rathlin auditor resigns
The oil and gas company, Rathlin Energy, has announced it has changed its independent auditor.
Europa and Egdon seek £6.5m+ funding for Burniston gas plans
Two of the companies behind controversial proposals to drill for gas near the North York Moors National Park are looking to raise more than £6.5m for the scheme.
Delayed UKOG accounts reveal £35m cut in value of oil assets
Long-awaited annual accounts for UK Oil & Gas plc show a £35m drop in the value of the company’s oil and gas assets.
Europa responds to permit consultation comments
Europa Oil & Gas, the company behind plans to carry out lower-volume fracking at Burniston in North Yorkshire, contacted DrillOrDrop today about our article which reported on a response to a public consultation.
Oil and gas earnings down 38% at Star Energy
The oil and gas company, Star Energy, said this week it was under increasing strain in a challenging operating environment.
Rathlin gets more time to raise cash for West Newton drilling – annual accounts
The cash-strapped oil and gas company, Rathlin Energy, has won more time to secure funds to meet its drilling commitments.
Updated: UKOG funding resolutions passed
Investors in UK Oil & Gas plc have approved two resolutions aimed at raising money for the company’s hydrogen storage and production plans.
Cuadrilla paid £12.5m in dispute settlement
The fracking firm, Cuadrilla Resources Limited, has received a cash sum of £12.5m after resolving a commercial dispute.
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