Shares fall on news of UKOG £5m placing
UK Oil & Gas has announced it has raised £5m in a placing, prompting a sharp fall in the share price.
Rathlin reports £1m+ loss in 2020
Rathlin Energy, the operator of two oil and gas sites in East Yorkshire, has declared an annual loss in 2020 of £1,015,920. This was slightly smaller than the previous year.
Latest UK onshore oil production data: March 2021
Key figures Barrels per day (bopd): 14,194(February 2021 14,491 bopd, January 2021 14,794 bopd)
UKOG reports £1m+ loss in six months
UK Oil & Gas plc has reported an operating loss of £1.02m for the six months to the end of March 2021.
Wressle proppant squeeze delayed
The controversial proppant squeeze planned by Egdon Resources at its Wressle oil site in Lincolnshire has been delayed by up to four weeks.
Appeal over Balcombe well test not “foremost in our minds” – Angus Energy
Angus Energy is “weighing up the consequences” of appealing against refusal of a well test at its Balcombe oil site. But the decision was not “foremost” in its mind, it said.
Alba exits Brockham licence
Alba Mineral Resources has disposed of its 5% stake in the Brockham oil licence in Surrey.
IGas announces two hydrogen schemes in Surrey
IGas has unveiled plans to produce hydrogen from methane at two of its sites in Surrey.
Saltfleetby: approval and dispute
Plans for the Saltfleetby gas field in Lincolnshire have got the go-ahead from the Oil & Gas Authority, the operator Angus Energy reported yesterday (9/6/2021).
Rathlin pledges to cut daily tanker numbers in West Newton plan
Rathlin Energy has said it will reduce the daily number of tankers visiting its proposed oil production site in East Yorkshire, in response to public concerns.
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