UKOG share placing raises another £3m for operations in Turkey
Weald-based UK Oil & Gas plc (UKOG) announced this morning it has raised £3m to spend in Turkey.
Reporting on the unconventional oil and gas industry and its use of hydraulic fracturing
Weald-based UK Oil & Gas plc (UKOG) announced this morning it has raised £3m to spend in Turkey.
One of the investors in the Wressle oil field in North Lincolnshire is lending £1m to another.
Union Jack Oil has revealed plans for two new wells next year, as it reported its first profit.
DrillOrDrop’s review of the latest UK onshore oil data for May 2022: daily production at 30+ year low
The Australian owner of the shale gas company, Cuadrilla, spent $1.107m in the UK in 2021 (about £655,000 at current rates), even though its licences were “on hold” because of the fracking moratorium.
Shares in Angus Energy rose 28% today on news that the company had begun processing wellhead gas from its B2 well at Saltfleetby in Lincolnshire.
IGas has revealed proposals for a new oil production site in Lincolnshire, which it says could extract 90,000 tonnes a year – but officials have said a detailed environmental study is not needed.
IGas has submitted plans for battery storage facilities at its Welton Gathering Centre in Lincolnshire.
The East Yorkshire based oil and gas firm, Rathlin Energy, has said climate change will not affect its future operations.
Egdon Resources announced today it had submitted an appeal against the refusal of planning permission for its undeveloped North Kelsey site in Lincolnshire.