Losses rise at Egdon – preliminary results
Egdon Resources reported a £4.75m loss today, along with falling production and revenues.
Reporting on the unconventional oil and gas industry and its use of hydraulic fracturing
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.
The drilling rig at Rathlin Energy’s West Newton B wellsite in East Yorkshire has been taken down.
The weald-based UK Oil & Gas plc (UKOG) is promoting prospects of oil production in south east Turkey as it seeks three more exploration licences in the region.
Drilling results from Rathlin Energy’s West Newton B site in East Yorkshire indicate a “substantial hydrocarbon accumulation”, partners said this morning.
The fracking company, Cuadrilla, has left its headquarters in Lancashire after nearly five years and moved to serviced offices near Manchester Airport.
Monthly oil, water and gas production were all up at Horse Hill in Surrey, the UK’s newest onshore production site, according to the latest official data.
Union Jack Oil announced this morning it is to lend £1m to Egdon Resources, the operator of the Wressle oil site in north Lincolnshire.
The shale gas company, Cuadrilla Resources, has described itself as “largely non-operational” following the moratorium on fracking in England.