Angus Energy has announced initial flow rates of 40 barrels of oil per day at its horizontal production well at Lidsey in West Sussex. Five months ago, Angus predicted a sustained 400 barrels a day at Lidsey (interview with IG Analysis).
The leading oil exploration company in the Weald in southern England announced this morning it had taken out a £10m loan.
Third Energy has told people living near its Kirby Misperton gas site in North Yorkshire that it is preparing to frack.
People living within 1.5km of Cuadrilla’s shale gas site in Lancashire are to share a £100,000 community benefit fund, the company confirmed today.
INEOS Shale, the company with the largest shale gas acreage in the UK, has added shares in five new exploration licences in three counties.
One of the companies behind oil production plans at Wressle in Lincolnshire is optimistic that it will overturn two planning refusals when a public inquiry starts next week.
The shale gas company, Cuadrilla, says it has now spent more than £4.7m in the Lancashire economy since January 2016.