Shares in UK Oil & Gas closed down more than 4% on news that the company had raised £2m in a share placing, snapped up by a single investor.
Opponents of onshore oil and gas exploration have responded quickly to news that UKOG is preparing to submit formal plans for two exploration sites on the Isle of Wight. The company has distributed leaflets to local homes about an information meeting later this month. It also published a […]
The first horizontal well at the Horse Hill oil site near Gatwick Airport has been completed, UK Oil & Gas (UKOG) has announced.
Union Jack Oil plc has raised £5m to press ahead with drilling plans at West Newton in East Yorkshire, the company announced this morning.
Ineos has told residents in south Yorkshire that the government’s fracking moratorium announced earlier this month does not affect its shale gas plans for the village of Harthill.
Cuadrilla has confirmed that it has finished the flow test on its second horizontal shale gas well at Preston New Road, near Blackpool.
The exploration site at West Newton, north of Hull, has more oil than previously estimated, investors in the site said today.
Cuadrilla’s major investor, A J Lucas, has said up to 72 lateral wells could be drilled from a shale gas site like Preston New Road, near Blackpool.
Cuadrilla’s Australian investor has said it continues to give the shale gas company its “full support” in the face of a moratorium on fracking announced two days ago.
Fire fighters were called to the Horse Hill oil site near Horley in Surrey this morning (3/11/2019).