Another well at Rathlin Energy’s West Newton-B site is due to be drilled in the second half of 2021, according to an update to shareholders today.
Angus Energy reports it has raised £1.5m in a placing of 150 million ordinary shares.
Rathlin Energy has revealed proposals to add six new wells at its West Newton A wellsite in Holderness and seek consent for 25-years of production. In a short statement on its website, the company said it planned to drill, test and produce from up to six new wells. […]
Union Jack Oil is spending £1m to become the largest investor in the Biscathorpe oil licence in Lincolnshire.
Ineos has postponed a controversial scheme to build Europe’s biggest propylene factory in the Port of Antwerp.
The main investor at the Horse Hill oil site in Surrey has announced plans for two new production wells.
UK Oil & Gas plc announced this morning its 50% acquisition in the Basur-Resan oil licence in south east Turkey has been officially approved. The company said it was now a named party on the licence.
Egdon Resources reported a £4.75m loss today, along with falling production and revenues.
A workover rig has been delivered to Egdon Resources’ Wressle oil site in North Lincolnshire to prepare the well for production.
The oil and gas producer, IGas, has said it is looking forward to making a “material contribution” to the green energy revolution.