The first tanker of oil from the latest operations at the Horse Hill exploration site near Gatwick Airport has been sent to a refinery, UK Oil and Gas announced today.
Cuadrilla said this morning it had finished drilling the UK’s second horizontal shale gas well and would soon prepare for hydraulic fracturing at the site in Lancashire. The announcement coincided with news that a hose pipe ban for residents in the county would begin on 5 August.
The largest investor in the Horse Hill oil well near Gatwick is seeking to change its company status.
An oil exploration licence in a remote part of the South Downs National Park has lapsed, it was confirmed this morning.
Angus Energy has announced that Jonathan Tidswell-Pretorius has stepped down as its chairman following recent disclosures over share transfers.
Angus Energy confirmed this morning that its chairman transferred 39 million shares to a company that appears to be less than six months old with one officer, a 20-year-old Hungarian living in Poland.
Angus Energy – the company behind oil sites in southern England – announced today it was looking into transactions of shares held by its chairman. It also claimed oil at one of its sites was higher quality than Brent Crude.